The China Passenger Car Association (CPCA) data showed sales of passenger vehicles fell 16% from the same period a year earlier to 780,000 units
With carmakers investing in EVs, parts suppliers are also diversifying their business towards new and clean technologies and moving away from petrol-reliant supply chains
"We have been working for many years now on localisation, vertical integration in India, to enjoy the smart frugality of India," CEO Carlos Tavares said
Nissan's controlling shareholder Renault said in April all options were on the table for separating its EV business, including a possible public listing, as it seeks to catch up with rivals
The investment is set to improve the facilities, equipment and automation procedures in Nissan's facility located in the Mexican state of Aguascalientes
Lining up two providers of automotive parts allows carmakers to reduce their exposure to shocks but adds to costs, chief executive Jim Rowan said
Sales in the world's biggest auto market plunged in March as Covid curbs took their toll and Tesla was among the automakers feeling the pain of limits on production
German auto parts supplier said on Tuesday it has suspended production at two sites in the Chinese cities of Shanghai and Changchun as it follows government policies to contain Covid cases.
Production cuts announced by automakers in the middle of last year also contributed to fewer despatches, the report said
The Japanese carmaker said the transaxle system is heavier and more complex than a conventional vehicle but more energy efficient
How the auto industry will manage its electric transition will be among the hot topics at the two-week COP26 climate summit hosted by Britain, starting on October 31
It’s not just a shortage of chips that’s forcing companies to cut global production by 7.7 million units this year, new study finds