President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
Aston Martin unveiled a trio of vehicles today, including its new Formula 1 race car, as the British luxury automaker aims for a strong 2024 after a somewhat challenging 2023 both on and off the track.
Volvo, owned by China’s Geely, reported deliveries surged in 2023 to 708K cars, resulting in SEK 399.3 billion ($38.37 billion) in revenue, a 21% jump from a year ago.