Categories: Business

China's auto industry is unlikely to return to 'golden era', NIO CEO says

BEIJING, May 28 (Reuters) – China's auto industry has likely moved past its "golden era", NIO Chief Executive William Li said on Thursday, as a downturn in domestic car sales extended into May. A

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Neymar calf scare turns Brazil's World Cup camp into waiting room

VIDEO SHOWS: ARCHIVE FOOTAGE OF NEYMAR DURING TRAINING / STILL PHOTOS OF NEYMAR COMPLETE SHOTLIST…

4 minutes ago

Oil surges after Iran targets US airbase in retaliation

By Nicole Jao and Sam Li BEIJING, May 28 (Reuters) - Oil prices jumped more…

9 minutes ago

Synopsys reaches settlement with Elliott, says Jesse Cohn to join board

By Svea Herbst-Bayliss NEW YORK, May 27 (Reuters) - Chip design software maker Synopsys has…

10 minutes ago

Neymar calf scare turns Brazil's World Cup camp into waiting room

VIDEO SHOWS: ARCHIVE FOOTAGE OF NEYMAR DURING TRAINING / STILL PHOTOS OF NEYMAR COMPLETE SHOTLIST…

15 minutes ago

Dollar firms to one-week high as Gulf tensions flare, yen nears intervention zone

By Jiaxing Li HONG KONG, May 28 (Reuters) - The dollar firmed to a one-week…

20 minutes ago

Marvell forecasts quarterly revenue above estimates on AI chip demand

By Anhata Rooprai May 27 (Reuters) - Marvell Technology forecast on Wednesday its custom chip…

21 minutes ago