AvtoVaz’s 2023 sales were nearly matched by the two biggest Chinese importers, Chery and Great Wall, whose sales jumped 283.6% and 301.2%, respectively, according to Wards Intelligence data.
Automaker commits to huge investment into Canadian battery and vehicle production plants.
CATL Improves LFP Batteries; BYD Going After Europe’s Hot Hatches?; Hyundai Boosts Production in India
Ford’s first-quarter earnings drop from a year ago, but still manage to beat Wall Street forecasts by overachieving on commercial vehicles and software services.
Nearly half of the brand's global vehicle sales comprised PHEV- and BEV-powertrain cars in first-quarter 2024.