Lamborghini CEO said the company will have about the same sales numbers as last year.
Experts and more than 100 customers from 15 provinces have said that Pang Da Group's contract fraud has become a "public hazard to the industry".
Daniel Kirchert, BMW Brilliance Automotive Ltd's former senior vice-president of sales and marketing, may join Beijing Mercedes Benz Sales and Service Co Ltd.
Dieter Zetsche, president and CEO of Daimler AG and Mercedes-Benz, said that Mercedes cars are falling behind its competitors but believes that the company will catch up by 2020.
China has issued the Regulation on the Responsibility Involving Repairing, Replacing and Returning of Household-use Vehicles on Jan 15, specifying the "three guarantees" conditions.
Guangzhou Automobile Group has signed an agreement with Italian manufacturer Fiat SpA and its Chrysler Group LLC subsidiary to build and sell more vehicles in China.
Jinan, capital of Shandong province, implemented a temporary rule on Wednesday requiring drivers to use cars on alternate days, as heavy smog continued to shroud many parts of the country.
Fuji Heavy Industries Ltd, the maker of Subaru cars, targets a 6 percent increase in global sales, spurred by the introduction of a new Forester SUV model.
Litex Motors Corporation, a joint venture of the Chinese private automaker Great Wall Motors won Bulgaria's award "Investor of the Year 2012".
General Motors Co outsold Volkswagen AG in China in 2012, keeping its lead among foreign automakers in the country for an eighth year.
A senior executive of British luxury automaker Jaguar Land Rover said the automaker was looking forward to further expanding in the Chinese market.
British-based luxury carmaker Jaguar Land Rover has announced that China has overtaken Britain to become its largest market.
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