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How EU probe into Chinese EV subsidies putting German luxury carmakers at risk

Mercedes-Benz, BMW, Porsche are at greatest risk of taking a big hit should the EU-China trade dispute escalate, experts say.

A Porsche Mission X electric concept sports car manufactured by German car maker Porsche is displayed during the International Motor Show IAA in Munich, southern Germany, on September 6.(AFP)
Published on Sep 26, 2023 10:43 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

Tesla’s surprising new route to EV domination

Become more like the industry you disrupted

A Tesla logo on a Model S is photographed inside of a Tesla dealership.(REUTERS)
Published on Jul 20, 2023 02:48 AM IST
The Economist

Carmakers up dispatches, output as curbs are eased

Maruti Suzuki India Ltd, the largest car maker, increased domestic dispatches on a sequential basis by 9.83% to 136,500 units, up from 124,280 units in June.

The auto industry has been under pressure since the first week of April when states began imposing lockdowns.
Published on Aug 02, 2021 04:41 AM IST
ByMalyaban Ghosh, Mumbai

Carmakers wary of chip crunch, fuel prices

Passenger car sales nearly tripled to 121,378 units, while sales of utility vehicles more than doubled to 100,760 units during the month, according to data compiled by the Society of Indian Automobile Manufacturers (Siam) on Wednesday.

Dispatches of PVs to dealerships more than doubled to 231,633 units in June.(Bloomberg file photo)
Published on Jul 15, 2021 06:57 AM IST
ByMalyaban Ghosh, New Delhi
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