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BYD Co (HKG:1211, LSE:0HKY, OTCQX:BYDDY), China's largest electric carmaker, is pressing ahead with its European expansion despite growing trade tensions between Beijing and Brussels. The company has announced that its premium Denza brand will launch in the region, starting with the Z9GT, a large estate-style model available in battery-electric and plug-in hybrid versions.
Porsche has shipped added inventory to the United States to get ahead of tariffs and kept prices constant for orders made in March, executives told analysts and investors in a call on Wednesday, according to a note by Bernstein Research.
German sports car maker Porsche delivered 8% fewer vehicles globally in the first quarter, it said on Tuesday, hit by declining demand in China and Europe.
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