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03/10/2010 |
GM's China Sales Up 51 Percent In February
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General Motors said its February vehicle sales in China rose 51 percent from a year earlier on strong demand for Chevrolet and Cadillac models as...... |
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03/10/2010 |
China's Geely Researching New Energy Cars
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China's Geely Automobile Holdings is researching new energy cars, joining its rivals in developing clean tech vehicles as Beijing gets ready to roll out incent...... |
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03/09/2010 |
China's Geely Researching New Energy Cars
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China's Geely Automobile Holdings is researching new energy cars, joining its rivals in developing clean tech vehicles as Beijing gets ready to roll out incent...... |
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03/09/2010 |
GM's China Sales Up 51 Percent In February
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General Motors said its February vehicle sales in China rose 51 percent from a year earlier on strong demand for Chevrolet and Cadillac models as...... |
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03/08/2010 |
Daimler Signs Deal With China's BYD For Electric Cars Joint Venture
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Daimler, the German parent of the Mercedes and Smart brands, Tuesday signed an agreement with China's BYD (Build Your Dreams) for a joint-venture to build electric ca...... |
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03/05/2010 |
Embattled Toyota Chief Says Sorry To China
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The president of Japanese auto giant Toyota, under fire after the company was forced to make massive global safety recalls, on Monday apologised to co...... |
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03/03/2010 |
Tengzhong: Couldn't Get Approval For Hummer Deal
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China's Tengzhong said Thursday it withdrew its offer to acquire the iconic Hummer brand from General Motors because it could not obtain regulatory approval from Chinese authorities, reported AFP. |
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02/26/2010 |
Zhongsheng Said To Market For Up To $1 Billion IPO
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Zhongsheng Group Holdings Ltd., a Chinese automobile dealer, Monday started testing demand for a Hong Kong initial public offering that could raise as much a...... |
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02/22/2010 |
Porsche Says 2010 China Sales To Exceed 10,000 Units
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Porsche SE, which counts China as its third biggest market, said it aims to sell over 10,000 cars in the country this year as rising wealth makes luxury vehicles more affordable, reported Bloomberg. |
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02/15/2010 |
China Passenger Car Sales up 84% In January
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China's passenger car sales rose 84 percent in January from a year earlier, heavily boosted by minivans, China Passenger Car Association said on Friday, reported Xinhua. |
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02/08/2010 |
Jiangling Resumes Making Transit Classic Diesel Cars In China
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Jiangling Motors Co. is resuming production of Transit Classic diesel cars in China after making a review of parts sourced from a supplier involved in Toyota Motor Corp.&rsquo...... |
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02/04/2010 |
Ford Halts Some China Production After Toyota's Woes
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US automaker Ford said Thursday it was suspending production of a commercial vehicle sold in China that may be suffering from the same accelerator problems as rival Toyota, reported AFP. |
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02/03/2010 |
Toyota To Recall 75,000 Vehicles In China
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China's product safety watchdog said Thursday Toyota would recall over 75,000 automobiles in the Asian nation, extending a programme that has already a...... |
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02/01/2010 |
UK Luxury Car Brand Opens Up Huge Store In Beijing
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Luxury carmaker Aston Martin launched its flagship store in Beijing Sunday evening in a push to increase its presence in the premier Asian market, reported China Daily. |
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01/29/2010 |
Peugeot Targets 8% China Market Share By 2016
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French carmaker PSA Peugeot Citroen wants to grow 30 percent in China this year, with a long-term goal of obtaining an 8 percent share of its booming mar...... |
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01/26/2010 |
Honda, Dongfeng To Build $170 Million China Plant
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Honda Motor Co.’s venture with Dongfeng Motor Group Co. will invest 1.15 billion yuan ($168 million) to build a second plant in China as vehicle demand...... |
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01/20/2010 |
GM China Exec Says Uncertain On Hummer Deal
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The head of General Motors Co's China operations said on Wednesday that GM is still awaiting Beijing's approval for a deal to sell Hummer and that he is uncertain of the outcome, reported Dow Jones. |
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01/19/2010 |
BYD To Start Selling E6 Crossover in U.S. This Year After Showing At Detroit Auto Show
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Chinese automaker BYD says it's going to bring its electric e6 crossover vehicle to the U.S. by the end of the year. It made the announcement Wednesday at the No...... |
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01/07/2010 |
Geely Gets China's Support For Volvo Purchase
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Geely, China's leading private carmaker, said on Thursday that its parent company has strong support from the Chinese government to acquire Ford Motor's Volvo unit, reported CNBC. |
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12/28/2009 |
Hyundai Motor Signs Deal To Enter China's Truck Market
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Hyundai Motor on Sunday said it will again try to penetrate China's mid-size and large truck market. The Korean automaker made two failed attempts to establish a truck venture...... |
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12/24/2009 |
Honda To Build Fifth Plant In China
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Japan's Honda Motor plans to build its fifth car plant in China to cope with mounting competition in the fast-growing auto market, reported AFP, citing business daily Nikkei. |
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12/18/2009 |
Chinese Firm Strikes Deal To Produce Saab Models
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Beijing Automotive Industry Holding has struck a tentative agreement for the right to produce several of the beleaguered Swedish manufacturer’s models, the New York Times reported Sunday. |
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12/18/2009 |
China Divided Over Battery-Powered Bikes
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Last week China’s national standards agency issued rules threatening to rein in bigger models of electric bikes, which caused an uproar among the country’s vast population of th...... |
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12/17/2009 |
China Government Rolls Back Small Car Purchase Tax Incentive
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The Chinese government on late Wednesday announced a new stimulus package in which it increased purchase tax on small cars with an engine capacit...... |
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12/15/2009 |
China's BYD Likely To Focus On L.A. Market For Electric Cars
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BYD Co., the Chinese auto maker part-owned by one of Warren Buffett's companies, is likely to choose the Los Angeles area as the lead market for the electric car it plans to start se...... |
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12/11/2009 |
GM To Sell China JV Majority Control To SAIC
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General Motors has agreed on a deal to sell majority control of its China venture and transfer half of its India unit to Chinese partner SAIC, China's biggest ...... |
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12/07/2009 |
GM Nov China Vehicle Sales More Than Double
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General Motors Co [GM.UL] said vehicle sales in China jumped 109.5 percent in November from a year earlier, boosted by strong sales of fuel-efficient models, reported Reuters. |
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12/07/2009 |
China Official: Confident Auto Purchase Tax Cut to Continue 2010
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A mid-level official at China's Commerce Ministry said Tuesday he is confident the government will continue its tax cut on small-car purchases into ne...... |
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12/03/2009 |
China's BAIC Weighing Options After Dropped Saab Bid
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Chinese automaker Beijing Automotive Industry Holding Corp (BAIC) said it is reviewing its options and reaffirmed its commitment to become more global after a consortium it was part of pulled out of t...... |
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11/20/2009 |
BYD To Spend 1.5b Yuan On Vehicle Testing Center
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China's battery and electric car producer BYD Co said Monday that it would invest 1.5 billion yuan ($219.71 million) to build China's largest vehicle t...... |
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11/12/2009 |
Navistar Eyes China Diesel Engine Joint Venture
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Truck maker Navistar International Inc. says it is exploring a joint venture with a Chinese vehicle manufacturer to build diesel engines for commercial vehicles in China, reported AP. |
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11/11/2009 |
China's Geely Says 'Fully Prepared' For Volvo Buy
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China's Geely Automobile, one of the country's largest private carmakers, said Thursday it was "fully prepared" to make good on a bid to buy premium ...... |
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10/27/2009 |
China Auto Market Likely To Slow After Record 2009
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Chinese car sales soared to a record in recent months on government incentives, but the same money tap that turbocharged sales could easily be turned off in 20...... |
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10/23/2009 |
Caterpillar Announces Joint Venture With China Truck Maker
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China's Anhui Jianghuai Automobile Co and US construction equipment giant Caterpillar Inc., announced their plan to set up a ...... |
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10/23/2009 |
GM抯 Hummer Sold To Sichuan Tengzhong
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China’s Sichuan Tengzhong Heavy Industrial Machinery Co. agreed to buy the Hummer brand from General Motors Co., adding sport-utility vehicles to a product lineup th...... |
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10/22/2009 |
General Motors Says China Sales Set New Record In Sep.
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GM and its Chinese joint-venture partners sold a total of 181,148 vehicles in September, the company said. Its total sales for the first nine months of the...... |
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10/20/2009 |
Ford Expands China Operations With Third Auto Factory
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U.S. automaker Ford Motor Co., is expanding its presence in China with a new factory and car models as it tries to catch up with General Motors Co. Ford&n...... |
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10/15/2009 |
Toyota Eyes China With New Affordable 'Family Car'
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Toyota Motor Corp. is counting on growth in China, and plans to introduce a cheap "family car" there that will likely sell in big numbers, an executive said Friday, reporte AP. |
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10/15/2009 |
Ford Begins Work On 3rd China Car Plant In Asia Push
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Ford Motor Co. began work on a third Chinese car plant as it strives to challenge General Motors Co. and Volkswagen AG in a country set to pass the U....... |
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10/07/2009 |
Geely To Issue $334m Bonds, Warrants To Goldman
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Geely Automobile Holdings Ltd. said Wednesday it will raise HK$2.59 billion ($334 million) selling convertible bonds and warrants to a fund managed by Goldman Sachs Group Inc., |
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10/01/2009 |
Geely, Goldman In $250 Million Convertible Bond Deal Talks
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An investment arm of Goldman Sachs Group is in talks with China's biggest privately-owned car maker Geely Automotive to buy about $250 million of the company's c...... |
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09/28/2009 |
China's BYD Aims For Country's Top Slot Before 2015
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China's battery and electric carmaker BYD Co. is aiming to become the nation's largest passenger car manufacturer ahead of its targeted 2015 schedule, China Daily reported Thursday. |
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09/25/2009 |
China's BYD Aims To Become Country's Top Automaker Before 2015
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BYD Co., China's battery and electric carmaker is setting its sights on becoming the nation's largest passenger car manufacturer earlier than its targeted 201...... |
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09/25/2009 |
Qingyuan, Daimler May Make Electric Vehicles In China
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Chinese Electric Car Maker Tianjin Qingyuan Electric Vehicle Co Is In Talks With Daimler AG to develop an electric version of a van made at the German automaker's joint ve...... |
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09/24/2009 |
Geely Holding Isn抰 Considering Bid For Volvo Cars
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Geely Holding Group Co., the parent of Geely Automobile Holdings Ltd., has disavowed an earlier statement that it was considering a possible bid for Ford Motor Co.’s...... |
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09/23/2009 |
Volkswagen Sets To Expand Capacity In China
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Europe's biggest automaker Volkswagen AG is investing 4 billion euros over the next two to three years to maintain its "persistent development" in China, China Daily reported. |
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09/22/2009 |
New US Tire Tariffs May Cut 100,000 Jobs In China
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The decision by the Obama administration to impose “an increased duty to all imports of passenger vehicle and light truck tires from China for a period of three years," will be a hu...... |
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09/17/2009 |
China Sends Back Application To Buy Hummer, Vice Minister Says
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China sent back Sichuan Tengzhong Heavy Industrial Machinery Co.’s application to acquire General Motors Corp.’s Hummer unit, Vice Mini...... |
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09/15/2009 |
China Regulator Seeks More Info On Hummer Buy
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China's Commerce Ministry has not rejected heavy equipment maker Tengzhong's planned purchase of GM's Hummer unit, but has asked for more information on the deal,...... |
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09/14/2009 |
China To Produce 12 Mln Vehicles In 2009, But Over-Capacity Risk Looms
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China is forecast to produce 12 million units of vehicles for the whole year of 2009, said Chen Bin, director of the Department of Industry under the National Development and Refo...... |
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