Obsolete Chinese used cars break down frequently, leaving N. Korean owners in debt while mechanics profit
In this undated photo, North Koreans can be seen selling goods on the street in the North Korea-China border region. (Kang Dong Wan, Donga University)...
Porsche’s 99% profit crash and Mercedes’ weak quarter jolt luxury auto market
Germany’s luxury carmakers are learning that ambition in the electric age comes at a steep cost. Porsche and Mercedes-Benz, long symbols of European engineering excellence,...