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  • China's absence in Toyota's global recalls sparks suspicions

    2011-03-01 17:48

    The tardy inclusion of the Chinese market in Toyota's latest global recalls may affect the No 1 automaker's image in the world's largest auto market, Japanese media commented, according to a report by the China Securities Journal on Monday.

  • BYD denies report of staff-reduction

    2011-03-01 11:33

    BYD Co Ltd, backed by the US billionaire Warren Buffett, denied an earlier report that it is implementing a staff reduction plan, caijing.com.cn said, citing a Feb 28 report by Hong Kong media.

  • GM recalls 232,931 cars in China

    2011-03-01 09:55

    Shanghai General Motors Co began recalling 232,931 cars in China Monday to fix faulty fuel lines. The recall covered 133,074 2-liter and 2.4-liter Regal sedans produced from Sept 18, 2008, to Oct 14, 2010, and 99,857 2.4-liter LaCrosse cars made from April 20, 2009, to Oct 14, 2010.

  • Chery Auto to sell cars in Australia

    2011-02-28 16:35

    China's Chery Automobile said on Monday it aims to sell 5,000 cars in Australia this year, after the first shipments arrived on the weekend, and plans to double its outlets in the country within two years, Reuters reported Monday.

  • Bookkeeping buoys numbers, but price war looms

    2011-02-28 14:22

    Car sales in China started off 2011 on a healthy note, with light vehicle sales in January climbing 16 percent over the same month last year to 1.8 million units.

  • Latest BAIC deal bolsters gearbox tech in own brands

    2011-02-28 14:17

    Domestic automaker Beijing Automotive Industry Corp (BAIC) recently announced that it acquired all equipment and core technologies of Weigl Transmission Plant AB, a Swedish gearbox maker, for 31 million euros ($42.8 million).

  • Volvo: New home in Chengdu

    2011-02-28 11:01

    Volvo Cars Corp, the Swedish automaker acquired by Zhejiang Geely Holding Group Co last year, announced on Feb 25 that it will build its first Chinese plant in the western city of Chengdu and aims to sell 200,000 cars in 2015.

  • Toyota to recall 5,202 Lexus cars in China

    2011-02-26 15:02

    Toyota Motor (China) Investment Co will recall 5,202 imported Lexus cars in China to fix a malfunctioning gas-pedal problem beginning March 23, the AQSIQ said Friday.

  • Volvo aims to spend $11b on expansion

    2011-02-26 10:41

    Volvo Car Corp, the Swedish automaker acquired by Zhejiang Geely Holding Group Co, plans to invest as much as $11 billion worldwide over the next five years to tap rising demand in markets including China.

  • Volvo aims to sell 200,000 cars in China by '15

    2011-02-25 17:02

    Volvo Car Corp announced Friday it will build two manufacturing bases in the west China city of Chengdu and northeastern Daqing over the next five years in an ambitious expansion that aims for car sales in China of 200,000 by 2015.

  • China adopts law on vehicle tax

    2011-02-25 15:53

    China's top legislature Friday voted to adopt a law on vehicle and vessel taxation, which is aimed at standardizing taxation and promoting environmental awareness and energy efficiency.

  • FAW-Toyota plant to be in operation at year end

    2011-02-25 15:40

    A new plant owned by China's First Automobile Works (FAW) Group Corp and Japan's Toyota Motor Corp is expected to go into operation in northeast China city of Changchun at the end of this year, with an annual output capacity of 200,000 cars.

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