Business / Latest Motoring News

$21,700 Land Rover look-alike set to go on sale

[2015-08-06 07:24]

A sport utility vehicle that bears an uncanny resemblance to the Land Rover Evoque will go on sale this week at one-third of its sticker price.

China's new energy vehicle production rises rapidly

[2015-08-05 17:05]

Chinese automakers produced 20,400 new energy vehicles in July, 3.5 times as many as the month last year, after the government promoted the sector, official data showed on Wednesday.

Toyota warns of tough times ahead as competition heats up

[2015-08-05 11:20]

Toyota Motor Corp warned of tougher competition in China and raised its forecast for Japan sales as it reported quarterly profit that beat analyst estimates.

Weak China sales may force BMW to revise full-year profit targets

[2015-08-05 11:19]

Bayerische Motoren Werke AG said slowing sales in China may force it to revise this year's profitability goals, challenging new Chief Executive Officer Harald Krueger as he seeks to defend his lead in the global luxury car industry.

BMW's profit hits new record in H1

[2015-08-05 10:51]

German car producer BMW Group announces on Tuesday that its earnings before interest and tax hits a new record in the first half year, exceeding 5 billion euros for the first time.

Land Rover to recall 19,943 vehicles over braking problem

[2015-08-05 09:01]

Jaguar Land Rover China will recall 19,943 faulty automobiles on the Chinese mainland because of problems with the brakes and lights, said the country's top quality supervisor.

Volvo's car sales surge even as Chinese demand slumps

[2015-08-04 09:25]

The Volvo Car Group reported a global sales surge for the month of July on Monday although the company suffered from a hefty drop in Chinese demand.

Beijing to use odd-even traffic ban for large August events

[2015-08-04 09:02]

Beijing will ban half of all cars from the road from Aug 20 to Sept 3 to ease traffic during the IAAF World athletics championships and the World War II victory parade.

Navigating new growth markets

[2015-08-04 08:04]

During the past two decades, foreign automakers have injected billions into China with an eye on the nation's huge growth opportunities.

9 largest automobile recalls in H1 in China

[2015-08-04 07:11]

By June, 124 recalls had been announced, involving 2.94 million vehicles, a 155 percent rise from the first half of 2014.

Tesla teams with property developer to expand charging poles

[2015-08-03 17:07]

US electric car maker Tesla announced it will work with a Hong Hong property developer to build more charging poles at shopping malls in six Chinese cities on Monday.

Double-hit leads to escalating market adjustment

[2015-08-03 14:33]

In June, sales of passenger vehicles in China declined in year-on-year terms for the first time since the global financial crisis in 2008.

BMW redefines China strategy with new innovative thrust

[2015-08-03 13:44]

BMW launched its latest strategy for the Chinese market on Friday that prioritizes innovation as its core concept.

Vehicle recalls blamed on shoddy quality control, growing customer awareness

[2015-08-03 13:41]

Automakers in China recalled many more vehicles in the first half of 2015 than they did in the same period a year earlier, according to the country's top quality watchdog.

Mazda warns of price war in China

[2015-08-03 13:39]

Mazda Motor joined a growing list of multinational carmakers warning of a price war in China as brands jostle for sales amid a sharp slowdown.

New arrival: Audi A3 Sportback e-tron

[2015-08-03 10:27]

Audi's first mass-produced new-energy car, the A3 Sportback e-tron plug-in hybrid model, hit the Chinese market, as an imported vehicle.

New-energy car rules around corner

[2015-08-03 10:24]

Electric vehicles from different manufacturers in China should soon be able to share charging facilities as the country is expected to release new charging standards soon.

Shanghai moves forward with new car-hailing service

[2015-08-03 10:16]

Shanghai's traffic authorities are going ahead with its own citywide car-hailing service and are ready to issue operational licenses to qualified drivers as the city continues to crack down on noncommercial vehicles who are shuttling passengers for profit.

China's Chery exports 50,130 cars in H1

[2015-07-31 11:03]

Chinese automaker Chery exported 50,130 cars in the first half of this year, accounting for more than a quarter of all exports by Chinese auto brands.

Nissan's Q2 group net profit rises 36.3%

[2015-07-30 14:31]

Nissan Motor Corp announced Wednesday its group net profit for the April-June quarter rose 36.3 percent from a year earlier, citing robust sales in its North American and European markets and a weaker yen.

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