By Joseph White and Norihiko Shirouzu SHANGHAI (Reuters) - Global automakers face fresh threats to their profits in China from domestic automakers SAIC and Geely, which are launching new models and marketing strategies to challenge better-known foreign brands ... Sify, 1 week ago
(Reuters) - Tesla Inc, the California-based electric carmaker, said Chinese tech giant Tencent Holdings Ltd acquired a 5 percent stake for $1.78 billion. The purchase, revealed in a U.S. regulatory filing, pushed Tesla's stock higher in early trading, making ...Sify, 1 month ago
SEOUL (Reuters) - South Korea's Hyundai Motor Co and Kia Motors Corp have slashed vehicle production in China, people familiar with the matter told Reuters, amid diplomatic tensions and competition from local brands. China, the world's biggest auto market, ...Sify, 3 weeks ago
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