Legacy automakers are pruning vehicle lineups and building cars with fewer parts. They're facing rising costs and cheaper Chinese competition.
By
Ben Shimkus
You're currently following this author!
Want to unfollow? Unsubscribe via the link in your email.
Automakers are taking a hard look at cutting costs. Many specialized vehicles and custom offerings are on the way out.
The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable electric cars.
The Volkswagen Group outlines its strategy to cut costs by standardizing more parts. Examples include 90% fewer seat variants and…
Tactic for dodging tariffs and easing trade tensions could raise costs, compliance risks
The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable and sophisticated…
The automaker's expanding ties with Chinese partners could be a practical survival strategy — or a desperate sign of surrender.
As Chinese EV manufacturers expand worldwide, legacy automakers face growing pressure to compete on technology, scale and cost.
