Business / Latest Motoring News

President Xi visits junior football camp in Germany

[2014-03-31 11:39]

Chinese Zhidan and Hong'an junior football team is visiting Germany as part of the Volkswagen-sponsored Rainbow Bridge Project.

Hangzhou: New plate restrictions

[2014-03-31 10:59]

With just a day's warning, the city government of Hangzhou implemented a vehicle restriction policy last week, leaving automakers, dealers and buyers unprepared.

Daimler, BAIC earmark 1b euros to expand China capacity

[2014-03-31 09:35]

Daimler and Beijing Automotive Industry Corp have earmarked 1 billion euros of a 4 billion-euro China investment plan to more than double car production at their joint venture.

Top 10 Chinese car maker moves

[2014-03-31 07:52]

Chinese car makers and internationl brands' joint ventures are continuing to expand in the country and the world through increased investments.

Customized financing plans free car owners from worries

[2014-03-29 11:20]

Volkswagen Finance China Co is set to launch its first customized loan plan in China this year, aiming to relieve owners from troubles.

VW, SAIC, FAW to make China auto sector's largest investment

[2014-03-29 07:34]

German automaker Volkswagen AG signed joint declarations with its Chinese partners to develop and begin production of new-energy vehicles in its largest market from 2016.

Chery plans to put up assembly plant in Philippines

[2014-03-28 15:14]

China's car manufacturer Chery Automobile Co Ltd is planning to put up an assembly plant costing 4.5 billion pesos ($100 million) in the Philippines within the next three years.

BYD plans to sell new shares in HK: report

[2014-03-28 11:25]

BYD Co Ltd plans to sell new stocks worth as much as 20 percent of its Hong Kong-listed shares, Bloomberg reported on Thursday, citing unidentified sources.

Toyota to buy back shares worth up to $3.5b

[2014-03-28 10:41]

Toyota Motor Corp will buy back up to 1.89 percent of its shares worth up to 360 billion yen ($3.5 billion) in what would be the automaker's biggest buyback in more than a decade.

FAW reshuffles top management

[2014-03-27 17:31]

One of the biggest automobile companies in China has announced major changes in its top management.

Chinese carmakers accelerate into Brazilian market

[2014-03-27 11:02]

Chinese carmakers have started to steer more business toward the Brazilian market due to growing appetite for cars in Brazil and booming production in China.

Dongfeng, Peugeot officially inks 14% stake deal

[2014-03-27 10:31]

PSA Peugeot Citroen and Dongfeng's tie-up brings the French carmaker much-needed cash and greater access to Asia

Hyundai Motor eyes expansion with new China plant

[2014-03-26 16:19]

Hyundai Motor Co plans to build its fourth plant in China for about 1 trillion Korean won ($926.48 million) and start production in early 2016, a source said.

China's Hangzhou city to restrict car ownership

[2014-03-25 21:50]

East China's Hangzhou City is now the sixth Chinese city to clamp down on car ownership in a bid to ease traffic congestion and combat air pollution.

Ferrari appoints new board members

[2014-03-25 16:33]

Ferrari said Luca Cordero di Montezemolo has been reappointed as chairman and Amedeo Felisa as CEO.

Icebreaking year for new energy automobiles?

[2014-03-25 10:25]

Continuous haze in China has prompted more people to seek a healthy, eco-friendly mode of transport.

Shanghai to install safety seats in taxis

[2014-03-25 08:31]

A total of 168 taxis from four local companies - Dazhong, Qiangsheng, Jinjiang and Haibo - will install the safety seats.

GM's recall includes imported Buick Enclaves in China

[2014-03-24 17:36]

General Motors Co will recall 24,021 imported Buick Enclave vehicles due to airbag defects, China's quality watchdog said on Monday.

Infiniti sees China as most important market

[2014-03-24 13:23]

Infiniti, Japanese automaker Nissan's luxury brand, views China as the most important market at present, a company representative said on Sunday.

Models at China's Hainan auto show

[2014-03-24 09:54]

Models are pictured on March 23, 2014 at the Hainan International Auto Show in Haikou city, South China's Hainan province.

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