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China's numerous green-car startups to dwindle to 2-3 in 5 years, exec says

Of dozens of startup electric car makers in China, only two or three will be around in five years' time, the chief of Nio told Reuters on Thursday.

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MORE WORLD MARKETS NEWS ASIA CHINA WORLD CONGRESS

GM's China sales slip in Q1

GM said its first quarter light-vehicle sales in China fell due to a shift in the government's tax policy and Lunar New Year fluctuations.


Ford to sell Ranger pickup in China

Ford plans to launch the midsize Ranger pickup truck in China in 2018, hoping to draw more Chinese consumers, who generally prefer crossovers and SUVs, toward a different market segment.

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