American Auto

Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.

Buick is about to launch the Electra E5, the brand's first big five-seat SUV based on GM's Ultium platform.

GM's Ultium-equipped plant in Wuhan will go into production by the end of this year.

Buick's all-electric Electra is a 5-seat mid-to-large-size SUV with a single motor delivering 180 kW of peak power.

Mustang Mach-E prices in China have been cut by as much as RMB 28,000 in response to price cuts by Tesla.

The Ford Mustang Mach-E has sold 2,098 units in China so far since deliveries began in the country late last year.

Owners need to refer at least 5 friends to sign up as members on the Ford Mustang Mach-E app and refer 1 friend to complete their first test drive.

Ford began delivering Mustang Mach-E vehicles to customers in China at the end of December last year, and they have not performed anywhere near as well as the Tesla Model Y.

The Cadillac Lyriq is available in China in three versions, priced at RMB 439,700, 459,700 and 479,700 respectively.

Ford Mustang Mach-E prices in China will be raised by RMB 7,000 yuan - 22,500 yuan ($3,530) on May 5.