Tag: Pressures

Porsche to intensify cost-cutting measures amidst tariff pressures

Porsche is facing challenges in the luxury car market, particularly in China and the United States, prompting the…

Chinese EV Leader BYD Pressures Suppliers for 10% Price Cuts, Sparking Fears of an EV Price War

China’s Automobile Market Faces New Wave of Price Cuts Amidst fierce price competition in China’s automobile market, leading…