CRASH_news auto

The Stellantis-backed automaker is accelerating its expansion in Europe's largest auto market by launching a lease plan for its T03 compact EV in Germany. German consumers can lease the T03 for €49 ($58) a month , a plan that factors in a new electric vehicle subsidy, according to a Bloomberg report on Monday.  This attractive price is even cheaper than many local mobile phone plans in Germany, as Leapmotor hopes to capture a larger market share , the report noted.  The lease offer taps into a €3 billion EV subsidy program introduced in Germany this year, bringing the T03's monthly rent to roughly half that of its similarly sized competitors.  For direct comparison, the similarly sized Fiat 500e electric vehicle from the Stellantis group has a monthly lease price of about €99.  The Leapmotor T03 was launched in Europe in September 2024, entering the German market at that time. Despite its low price, the Leapmotor T03 comes generously equipped , featuring a panoram...

On November 26 , marking the 40th anniversary of SAIC Volkswagen, SAIC Motor and Volkswagen Group signed an agreement in Shanghai to extend their joint venture SAIC Volkswagen until 2040  Left, Wang Xiaoqiu, Chairman of Saic Motor. Right, Ralf Brandstätter, Member of the Board of Management of Volkswagen for China SAIC Volkswagen , established in 1984 , was China's first passenger car joint venture, formalized through a partnership agreement signed in Beijing's Great Hall of the People. The agreement was previously renewed in April 2002, eight years ahead of schedule. The original joint venture agreement was valid until 2030. This latest early renewal underscores both sides' confidence in the joint venture's achievements and the future of China's automotive industry and economy. In response to the changing automotive industry, the joint venture will leverage shared resources to develop a range of new models tailored to the Chinese market , including battery elect...

In occasione del 40° anniversario di SAIC Volkswagen, SAIC Motor e Volkswagen Group hanno firmato ieri a Shanghai un accordo per estendere la loro joint venture fino al 2040, consolidando così una partnership di lungo termine  A sinistra Wang Xiaoqiu, presidente di Saic Motor. A destra, Ralf Brandstätter, membro del consiglio di amministrazione di Volkswagen AG con responsabilità per la Cina In occasione del 40° anniversario di SAIC Volkswagen, SAIC Motor e Volkswagen Group hanno firmato ieri, martedì 26 novembre, a Shanghai un accordo per estendere la loro joint venture fino al 2040. Fondata nel 1984 , SAIC Volkswagen è stata la prima joint venture automobilistica in Cina . L’intesa era già stata rinnovata anticipatamente nell’aprile del 2002, con otto anni di anticipo sulla scadenza. Questo ultimo rinnovo anticipato sottolinea la fiducia di entrambe le parti nei risultati della joint venture e nel futuro dell'industria automobilistica e dell'economia cinese. Per affrontare...