Fiat has disbanded a Chrysler team dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars. Fiat's decision marks a major reversal for Chrysler, which had used its electric car program as part of the case for a $12.5 billion U.S.
Nov. 7 06:01 CET
New-car sales in China rose 79.6 percent to 923,154 cars last month, state media reported on Saturday. That would suggest a month-on-month drop of about 9.8 percent from September, when sales rise 83.6 percent from a year earlier to 1.
Nov. 7 06:01 CET