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  • Automakers drive stock indices higher

    2011-01-29 10:12

    Stocks on the Chinese mainland rose, capping the benchmark index's biggest five-day gain in six weeks. That advance came as automakers and industrial companies rallied on speculation their shares are undervalued given the prospects for earnings growth.

  • Beijing car market remains sluggish after 1st plate lottery

    2011-01-28 10:47

    A moderate rebound in Beijing's car market looms ahead, after Beijing's license plate lottery program issued the first batch in its quota to 17,600 individual buyers on Wednesday.

  • SAIC jumps in Shanghai trading

    2011-01-28 10:45

    SAIC Motor Corp, China's largest carmaker, jumped to the highest level in a month in Shanghai trading on speculation the company's shares are undervalued as economic growth will sustain industry earnings.

  • Side effects seen for dealers

    2011-01-27 14:02

    The Beijing government's restrictions on new license plates were meant to contend with traffic congestion, but are simultaneously threatening the livelihoods of many local dealers of second-hand cars.

  • Lottery green light for 17,600 people

    2011-01-27 10:16

    The capital's first car license plate lottery took place on Wednesday under new rules to tackle chronic traffic gridlock and air pollution.

  • New rules alter the game for car hire companies

    2011-01-27 09:27

    Car rental companies in Beijing have enjoyed robust growth in business as many people resorted to hiring a car when their plans to buy one were dampened by the new vehicle registration rules.

  • Volvo opens China headquarters

    2011-01-25 17:23

    Volvo Car Corporation inaugurated its China headquarters in Shanghai on Jan 25, 2011 to increase its presence in the Chinese market.

  • City curb on auto purchases to hit motor insurers hard

    2011-01-25 10:16

    The capital city's auto insurance premium income will probably see a slump in growth this year due to curbs on auto purchases by the local government.

  • GM sold more cars in China than in US last year

    2011-01-25 09:56

    General Motors Co sold more vehicles in China than it did in the United States last year, marking the first time a foreign market has outpaced the automaker 's domestic sales in its 102-year history.

  • Tata Motors's Jaguar, Land Rover sales hit records in China

    2011-01-24 15:50

    Tata Motors Ltd said sales of its Jaguar and Land Rover cars in China surged to records in 2010, Bloomberg reported Monday.

  • Guangzhou to curb government car use

    2011-01-24 12:59

    Guangdong's provincial capital will not restrict vehicle registrations in new measures to curb traffic congestion, a senior provincial official said on Sunday.

  • BAIC buys Guangzhou Baolong

    2011-01-24 09:52

    BAIC Group, the partner of Daimler AG and Hyundai Motor Co, recently bought a private automaker in Guangdong province to gain a foothold in the southern market and boost its own brand cars.

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