Yangwang, the ultra-luxury sub-brand of BYD (HKG: 1211, OTCMKTS: BYDDY), launched the U7 sedan on March 27 with a starting price of RMB 628,000, another launch by a local automaker targeting the ...

LONDON--Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they’ll have to defend their home turf in Europe from ...