Business & IndustryEconomy
VW to Cut 1 Million Vehicle Capacity in China and Europe
VW plans to cut 1 million vehicles of capacity, halve its model lineup, and target 9 million annual production amid fierce Chinese competition.
—5 min read
Tag
#Auto Industry
4 articles
EconomyPolitics
EU Parliament Divided Over Future of European Auto Industry
The European Parliament is split on saving the EU auto industry: right-wing factions oppose the EV mandate while left-wing parties push for faster action.
—5 min read
EconomyIndustry
China Ends NEV Tax Breaks as Electric Vehicle Sales Surge
China ends vehicle tax exemptions for plug-in hybrids and electric commercial vehicles from 2027, signaling NEV industry maturity.
—6 min read
Economy & Business
China Names 40 Cities for Auto Circulation Reform Pilot
China selects 40 cities including Beijing and Shanghai for a pilot program to reform auto circulation, covering second-hand cars, RV camping, and racing.
—5 min read