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Search Result for “Gwynne Dyer”

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BUSINESS

China floods the world with gasoline cars it can't sell at home

Reuters, Published on 02/12/2025

» WARSAW — China's electric vehicle (EV) industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers.

BUSINESS

Chinese carmakers reduce discounts after Beijing's warning, but no end in sight to price war

South China Morning Post, Published on 08/08/2025

» Chinese carmakers have refrained from offering steep discounts to align with Beijing's efforts to protect a vital industry, but an end to the prolonged price war remains elusive, as the sector grapples with overcapacity and weak consumer demand for high-ticket items.