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Chinese state-owned automaker SAIC Motor Corp. said trade actions have affected ... In a statement posted to Wechat, SAIC blamed “pressures from the EU, US and others” for the fall.
Tesla sales in the EU slumped for a fourth consecutive month as Musk’s EV maker struggled to cash in on a growing market in ...
Major Chinese automakers like BYD, Geely, and SAIC Motor face 17%, 18.8%, and 35.3% tariffs from the EU, respectively. These levies, which exempt plug-in hybrid (PHEV) models, are in addition to ...
Tesla's sales collapsed 49% in Europe last month as the automaker continued to battle a brand crisis in its third-largest ...
Tesla's European sales plunged 49% in April, outpaced by Chinese rivals and weakened by Musk backlash and aging vehicle ...
Tesla's sales in the European Union (EU) have seen a decline the fourth consecutive month as the US-based electric carmaker ...
April sales in the European Union, Britain and the European Free Trade Association (EFTA) fell to 1.07 million cars, ...
Tesla’s sales in Europe plunged 49% last month compared with a year earlier, even as battery-electric vehicle sales rose 27.8 ...
Tesla's TSLA.O sales fell for a fourth month in a row, down 49% year-on-year, and its share of the total market nearly halved ...
Tesla's European sales crashed 49% as Chinese competitors surge ahead. Why Elon's controversial image hurts sales.
The EU implemented anti-subsidy tariffs on Chinese EVs in October 2024, with rates varying by manufacturer. SAIC Motor faces a 35.3% anti-subsidy tariff plus standard 10% import duty, resulting in ...
The return of the EU and China to the negotiating table last ... who failed to cooperate when asked for details, such as SAIC Motor – the parent company of MG and LDV brands – which was ...