Business / Auto China

BYD 'may join' Fortune 500 by 2017

[2016-04-26 08:02]

BYD Co Ltd, a major Chinese new-energy vehicle manufacturer, is likely to join the ranks of Global Fortune 500 companies in 2017 as the carmaker has grown rapidly amid the country's booming green automobile sector.

Mercedes-Benz reaffirms commitment to China

[2016-04-25 10:34]

After another successful year in China, key executives from Mercedes-Benz joined this year's Auto China to highlight their commitment to China.

A year of leaps in progress

[2016-04-25 10:11]

Editor's Note: China is the world's largest and probably fastest-growing auto market, where breaking news happens every day: exciting innovation, history-making moments, far-reaching policies or outrageous scandals. Below are China Daily's senior motoring editors' picks of the top 10 events that shook or shaped China's auto industry since last year. They offer readers a quick review of what happened and some insights into what is around the corner.

Nissan features intelligent mobility at Auto China

[2016-04-19 17:09]

Nissan announced it will feature its latest sports sedan, Maxima, and the Nissan Intelligent Driving Solution Concept, a fully operational autonomous drive vehicle, at Auto China 2016.

Skoda to spend $2.3b to enrich China portfolio

[2016-04-01 08:22]

SAIC Volkswagen will spend around 2 billion euros ($2.27 billion) over the next five years to enrich Skoda's portfolios in China, the biggest single investment the Czech brand has received since its entry into the Chinese market in 2007.

Jaguar Land Rover merges two hearts into one

[2016-03-31 08:36]

There is a Chinese saying that, "When two men are one at heart, they will gain strength with which metal can be cut". That wisdom is helping British icon Jaguar Land Rover grow its sales for seven months in a row - and probably more to come - in the world's largest automotive market.

Lincoln ensures staff offer personalized experiences

[2016-03-28 09:28]

Ford Motors' premium brand Lincoln is focusing on customer experience to distinguish itself from its competitors in the Chinese market.

Qoros sees change at helm amid reshuffle

[2016-03-28 08:16]

Qoros' sales chief quit on March 23, adding to the uncertainty of the young Chinese automaker's future.

Auto executives shifting to Internet companies

[2016-03-28 08:15]

The former vice-president of SAIC Motor Corp is reportedly joining the electric car division of Internet company LeEco.

GM to focus on SUVs and MPVs for growth in China

[2016-03-22 07:23]

General Motors is eying SUVs and MPVs to fuel its growth in China as it expects car sales in the country to remain low for years, the automaker said on Monday.

Two Chinese carmakers make major acquisitions

[2016-03-21 09:43]

Two State-owned Chinese carmakers made major acquisitions last week that experts say will boost their profitability and expand their economic footprints.

Borgward charts new journey to respectability in Chinese market

[2016-03-21 09:35]

German auto brand Borgward has embarked upon a road to restore its former glory, with its starting point the Chinese market and a leader familiar with the world's second-largest economy.

More automakers to buy Hunan Corun hybrid powertrains

[2016-03-18 08:06]

Hunan Corun New Energy Co expects a sixfold jump in the number of vehicles it will equip next year with its own gasoline-electric systems as more automakers embrace the technology to meet a deadline for lowering fuel consumption.

PSA CEO optimistic about Chinese auto market

[2016-03-17 10:13]

The CEO of European auto giant PSA Peugeot Citroen believed the strategic cooperation with Dongfeng Motor would ensure their business success, and the Chinese market will remain their top priority in the future.

BAIC makes foray into Fujian Benz

[2016-03-16 15:28]

BAIC Motor Corp, Daimler's Chinese partner in Beijing Benz, took over 35 percent shares in Fujian Benz on Mar 14, and became the second largest shareholder in the premium vehicle maker in Southern China.

Delegates address auto industry challenges at two sessions

[2016-03-14 10:09]

During the annual sessions of the National People's Congress, China's top parliamentary body, and the Chinese People's Political Consultative Conference, China's top advisory body, many delegates made suggestions and proposals for the further development of the auto industry.

Internet era steers future of automakers

[2016-03-14 08:11]

Electrification and the mobile Internet will help make cars become more than a transport tool, industry experts say.

BJEV declined funding plan report

[2016-03-11 15:08]

A BAIC Group subsidiary that produces new-energy vehicles shot down local media reports that it is seeking $460 million through a public listing on the Shanghai Stock Exchange.

BAIC expects to raise $460m from electric-car division IPO

[2016-03-09 07:59]

Beijing Electric Vehicle Co plans to sell shares in Shanghai and has attracted investments from tech companies, including LeEco, sources said.

Electric carmakers galvanized by anti-pollution measures

[2016-03-08 10:55]

China's leading manufacturers of electric cars will receive a big boost in the next five years, as the country provides more support for the sector amid mounting pressure to combat air pollution.