China

Car sales, bolstered by subsidies, snap 5-month decline

Leapmotor
Customers pick up a Zhejiang Leapmotor Technology Co. T03 electric vehicle at company's delivery center and headquarters in Hangzhou, China, on June 22, 2024. EV sales in China continue to rise, driven by expanded subsidies for consumers trading in older vehicles for EVs and more fuel-efficient cars. (BLOOMBERG)
October 13, 2024 02:42 PM

Featured Stories

U.S. car dealership count increases in 2024, throughput rises
U.S. car dealership count increases in 2024, throughput rises
Cars that run on code: How chips changed the vehicle
Cars that run on code: How chips changed the vehicle
Nissan braces for executive change as board leans to internal candidates for new CEO
Nissan braces for executive change as board leans to internal candidates for new CEO
Canadian Prime Minister-designate Mark Carney says tariffs to stay until U.S. shows ‘respect’
Canadian Prime Minister-designate Mark Carney says tariffs to stay until U.S. shows ‘respect’