Posts found in 'Auto'
A recent Bloomberg article points out that Great Wall's SUVs have been more profitable than Tesla's electric vehicles over the past three years, but there are several reasons why it's premature to compare the two automakers.
While new cars currently account for the vast majority of dealers' revenue, used luxury sales will likely gain speed as buyers begin to trade up for new models.
BMW's new all-electric China sub-brand just revealed its first model at the Guangzhou Auto Show, but the electric vehicle market has several obstacles to overcome in China.
Ultra-luxe automakers may be scaling back their focus on China, but McLaren is just starting to shift into high gear.