Business / Latest Motoring News

China's new energy vehicle production surging

[2015-07-08 09:35]

Chinese automakers produced more than 25,000 new energy vehicles in June, four times as many as they did in the same month last year, as the government promotes use of less polluting vehicles.

Marginal blips in auto exports between Jan-May

[2015-07-08 09:33]

Automobile export volumes remained sluggish in China from January to May despite the increase in export value, indicating the positive structural adjustment in vehicle exports.

Chinese car maker BYD wins biggest order in Cuba

[2015-07-07 13:57]

The order of 719 cars, the biggest since the company entered the Cuban market in 2014, include BYD's gasoline vehicle models.

Honda recalls SUVs in China

[2015-07-07 10:01]

Japanese automaker Honda has announced a recall of 2,422 Acura-brand SUVs in China because of a fault that could see a section of the vehicles' air conditioner detach and fall off the underside.

Geely invests $45.5m in methanol plant

[2015-07-07 07:53]

Owner of Volvo Car Corp plans to expand its methanol vehicle operation after by investing big in Iceland's Carbon Recycling International Inc.

Uber adjusts business model to drive success in China

[2015-07-06 13:27]

Uber is planning to set up a Chinese company after police raids at local offices of the controversial ride-booking service provider.

New rules may fuel construction of electric charging posts

[2015-07-06 13:26]

New properties being built in Shanghai are now required to include some electric car charging facilities. A similar regulation is waiting for approval in Guangzhou and Beijing.

Lamborghini sets ambitious goals amid slowing market

[2015-07-06 13:25]

After several years of rapid growth, China, the world's fifth largest super luxury sports car market, is slowing down.

Antitrust law to step up penalties on automakers

[2015-07-06 13:25]

China is drafting an antitrust guideline for theauto industry after several companies, including automakers and spare parts producers, were fined for monopolistic practices.

JV gears up to enter the East African market

[2015-07-06 09:42]

JAC Motors, a Chinese light truck brand that is the third best-selling light truck maker in the world, has become No 1 in most parts of Africa.

China's methanol car maker invests in Iceland's leading new energy producer

[2015-07-04 10:34]

Geely Holding Group inked a deal to make an investment of $45.5 million in three years to Iceland's Carbon Recycling International.

Chinese car buyers now more satisfied with purchases than last year

[2015-07-03 17:33]

Chinese customers are more satisfied with their car purchases than they were a year ago, according to a J.D. Power report.

VW will roll out budget cars in China

[2015-07-03 13:20]

Volkswagen plans to launch a line of budget cars in China and possibly in other countries in 2018, chief executive Martin Winterkorn said.

Volvo's car sales soar on strong European performance

[2015-07-02 09:54]

Sweden-based automaker Volvo Cars saw sales surge in June as the company benefited from strong figures in the European market.

BMW supports dealers to enhance business performance in H2

[2015-07-01 17:30]

The investors acknowledged the effective measures BMW had taken to cope with the market fluctuations in the first half of this year, and expressed their constructive suggestion regarding the second half-year target for steady growth.

Great Wall to slash prices on SUVs

[2015-07-01 10:08]

Domestic carmaker Great Wall Motors announced price slashes of up to 6,000 yuan for its Hover H2 and H6 sports editions.

BYD will likely pull out of Russian market

[2015-07-01 09:57]

BYD has halted its exports to the Russian market, signaling the likelihood that it will withdraw from the market for a second time.

Vehicle makers on bumpy road to international status

[2015-06-30 09:24]

The growth in Chinese vehicle exports in recent years has prompted original equipment manufacturers to navigate the next wave of globalization, including sales and service networks and dealer networks.

Changan Ford enters new segment by bringing C-class Taurus sedan to China

[2015-06-29 09:31]

Changan Ford is poised to compete in a new segment, with its new C-class flagship sedan Taurus expected to hit the Chinese market soon.

Qoros hinting at revitalizing image in Chinese market

[2015-06-29 09:25]

Qoros is planning to renew its image and reposition itself in the Chinese market.

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