Auto Makers
The most brutal car market is spreading to the rest of the world
China’s hypercompetitive car market is squeezing profit margins and forcing global auto makers including Mercedes-Benz and BYD into an intensifying worldwide battle for market share.
2 min read19 May 2026China’s cars aren’t in the US, but its auto parts are everywhere
Chinese companies have amassed ownership stakes in about 10,000 auto suppliers in America.
3 min read9 May 2026Mercedes-Benz slashes forecast from 11% to 7.5% amid China's economy downturn
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest blow to Germany’s struggling industrial sector.
1 min read20 Sep 2024Reduce GST rates on two-wheelers from 28% to 18%, FADA appeals to GST council
Two-wheelers accounted for 78% of the total automobile sales in the country in 2016. Due to increasing prices, the contribution has decreased to 72% in 2023, FADA says.
1 min read18 May 2023Mercedes-Benz slashes forecast from 11% to 7.5% amid China's economy downturn
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest blow to Germany’s struggling industrial sector.
1 min read20 Sep 2024Reduce GST rates on two-wheelers from 28% to 18%, FADA appeals to GST council
Two-wheelers accounted for 78% of the total automobile sales in the country in 2016. Due to increasing prices, the contribution has decreased to 72% in 2023, FADA says.
1 min read18 May 2023Wait for it…
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