China Pushes New Framework to Control Car Price Wars and Restrict Cost Violations

China moved to tighten control over car pricing as new draft rules were released for public review. The move came as rising concern grew over harsh price competition in the world’s largest auto market. The draft rules aim to guide automakers toward fairer pricing during a period of weak demand and rising production capacity. New […]

Renault Shuts Car-Sharing Projects and Slows EV Charging Plans as Profit Strategy Tightens

Renault has embarked on a major reset that prioritizes profits over its previous mobility aspirations. The company also said it will shut down its car-sharing operations and curb the growth of its fast-charging network. The shift is also a signal that there are cost pressures and that money needs to be directed towards better returns. Shift in Mobility […]