South Africa is poised for Chinese investment in its US$27 billion automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law.

Europe’s automakers face existential threats from EU CO2 rules, China competition, weak sales and factory closures. The biggest market, Germany, is ailing.

South Africa is poised for Chinese investment in its R500-billion motoring industry after the president signed a tax break for the production of so-called new-energy vehicles into law. Three Chinese ...

South Africa is poised for Chinese investment after the president signed a tax break for the production of new energy ...

The automaker's fourth-quarter sales also fell. The poor results are in contrast with Ford, GM and many other automakers.

Evidence that Stellantis is teetering on the edge continues to pile up — and a new report from Reuters shows that it's not ...

VW’s ID.4 electric crossover lost its full $7,500 tax credit, according to the latest listing by the Department of Energy and ...

European markets were lower on Friday after a rocky start to 2025 for stocks around the world. The Stoxx 600 was down 0.44% by 3:11 p.m. London time, with major regional bourses and sectors mostly ...

South Africa’s automotive industry is set for an influx of investments after a tax break for the production of new-energy ...

As part of the Biden Administration’s efforts to restrict the import of Chinese-made electric vehicles and vehicles that ...

Enabling a 150% tax deduction on investment in electric- and hydrogen-powered vehicle production comes as Chinese automakers ...