According to two sources familiar with the matter at hand, Tesla Inc has stopped production at its Shanghai plant from Monday due to issues with securing parts for its electric vehicles. Shanghai is witnessing its sixth week of an intensifying COVID-19… Read More ›
For the first time in 14 months, vehicles sales in China fell by 3% in May 2021, compared to the same period a year earlier, according to industry data released on Friday. Data from China Association of Automobile Manufacturers (CAAM)… Read More ›
On Friday, China’s industry body stated, vehicles sales in the country is set to touch 25 million units in 2020. The development underscores the interesting phenomena in the world’s biggest vehicle market where the auto industry has recovered from the… Read More ›
Ford and Toyota, the second and the third largest automaker in the U.S. have reported a surge in SUV and pickup truck sales. Ford Motor Co, the second biggest automaker in the United States, has reported an almost 4.1% rise… Read More ›
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