Business / Auto China

Volkswagen backs removal of stake cap

[2016-08-08 07:56]

Volkswagen AG has said it would welcome the earliest possible removal by China of caps on the stakes foreign automakers can have in joint ventures in the country.

Tesla S crash driver blames Autopilot

[2016-08-08 07:56]

A Tesla Model S, with the autopilot software engaged and driver's hands off the steering wheel, was involved in a collision in Beijing last week, China's first known Tesla accident involving its self-driving Autopilot system.

With Autopilot on, Tesla driver crashes in China

[2016-08-05 16:17]

With Autopilot on and driver's hands off the steering wheel, a Tesla was involved in an accident Tuesday morning, becoming China's first known Tesla Autopilot accident.

Rivals Didi and Uber to join forces

[2016-08-02 08:11]

The top two ride-hailing companies in China are expected to soon end the costly fight over the largest such market in the world, with Didi Chuxing agreeing to acquire the China business of its rival Uber Technologies Inc.

Yongche steps up drive to do battle with Didi

[2016-08-03 07:33]

Yongche Inc, which has immediately become the No 2 ride-hailing player in China after the tie-up between Didi and Uber, said on Tuesday that it will soon launch a very lucrative incentive program to gear up the competition in attracting users.

Chinese consumers show rising interest on self-driving cars: Report

[2016-08-02 09:40]

Chinese consumers showed rising interest in self-driving cars despite concerns over safety, a ten-country report showed Monday.

Uber to merge China business with local rival Didi Chuxing: Report

[2016-08-01 17:10]

Didi Chuxing confirmed on Monday that it will merge with Uber China's business, putting an end to the two companies' cash-burning fight over the dominance of China’s ride-hailing market.

Lifting JV cap a risky move

[2016-08-01 07:49]

A senior executive at China's carmaker association has voiced his opposition to any hasty removal of the cap that limits the stake foreign automakers can hold in joint ventures.

Survey's warning to dealers: Show the customer some love

[2016-08-01 07:49]

Chinese car dealers are being urged to shift their focus onto customer service from sales goals as dealer-customer relations have plunged to their lowest point since 2009.

Toyota could lose top automaker crown

[2016-07-29 08:16]

Toyota is in danger of losing its crown as the world's biggest automaker this year, as its sales fall behind those of German rival Volkswagen, new figures showed on Thursday.

GAC motors ahead with new plant

[2016-07-29 08:15]

GAC Motor Ltd, the Chinese carmaker focusing on research and development of homegrown vehicles, launched operations at its second assembly plant on Wednesday, which aims to meet growing demand for high-end vehicles.

Unmanned metro to launch in 2017

[2016-07-28 07:54]

Beijing plans to unveil the country's first self-developed fully automatic subway next year, with the scheduled opening of the Yanfang Line.

NEV makers short of cash in tricky market

[2016-07-25 08:06]

Chinese new-energy vehicle makers are seeking more funds to support their expensive operations, as the small volume of sales generates no economy of scale, despite subsidies from both central and local governments.

Door opens for removal of stake caps for carmakers

[2016-07-25 08:06]

China is allowing foreign auto-parts makers to conduct research and production in the country without partnering with local companies in a trial move experts believe may signal the imminent removal of investment restrictions on international carmakers.

'Worst is over' for luxury Infiniti brand

[2016-07-20 07:16]

Infiniti brand, which lost its China head to a startup and saw deliveries slump in the country, will regain growth in the world's largest auto market in the second half of the year, said its top executive.

Jinheng builds new air bag plant to meet demand

[2016-07-19 10:38]

Jinzhou Jinheng Automotive Safety System Co, one of China's leading air bag manufacturers, announced it will set up a new plant to meet the increasing safety demands of local consumers.

Hyundai imports dealers join hands to demand compensation

[2016-07-18 10:57]

After suffering years of losses, Hyundai Motor's imported car dealers across the country have joined hands to seek compensation from the automaker, claiming it had failed to offer sufficient products.

New company off to a flying start in NEV race

[2016-07-18 10:46]

Future Mobility Corp Ltd, the Chinese electric and smart car startup backed by Tencent Holdings and Foxconn Technology Group, plans to launch its first model before 2020.

Experts warn NEV sector could overheat amid sales surge

[2016-07-18 10:35]

Experts are warning of overcapacity in China's new-energy vehicle sector as NEV sales continue to keep rapid pace in the country.

Buy or hail?

[2016-06-27 13:24]

With the car-hailing industry gaining in popularity, many are wondering if they need to buy their own cars.