Ferrari recalls 16 Maserati cars in China

2012-10-31 09:36:00

Luxury sports car manufacturer Ferrari will recall 16 Maserati vehicles in China due to defective tire pressure monitoring.

BYD profits may slump 98% Y-O-Y

2012-10-30 10:30:45

BYD Co Ltd, China's battery and electric car maker, has warned that profits for 2012 are expected to be down as much as 98 percent over last year.

Chinese auto sales boost in Brazil

2012-10-29 14:19:45

Chinese automakers are eager for a share of the market in booming developing countries, among them Brazil, which has the potential to become the world's third-largest auto market in five years.

New countryside stimulus plan in the works

2012-10-29 14:12:49

The Ministry of Finance and the National Development and Reform Commission are considering another round of the countryside campaign to drive vehicle demand in rural areas.

SAIC sheds most share in GM India JV

2012-10-29 11:12:53

Shanghai-based SAIC Motor Corp decreased its stake in an equal partnership with General Motors in India to only 7 percent after the venture failed to be profitable for three consecutive years.

Hyundai caters to luxury market with new services

2012-10-22 11:22:54

In the eyes of increasingly discerning Chinese customers, premium vehicles are not only defined by lavish interiors and advanced technology but also by the special services that manufacturers and dealers offer.

Rough terrain for new Mitsubishi partnership

2012-10-22 11:15:20

Moving to tap the fast-growing SUV market in China, Mitsubishi Motors Corp recently formed a joint venture with Guangzhou Automobile Group Co.

Iveco builds imported car sales company

2012-10-22 14:31:01

Iveco China Commercial Vehicle Sales Co was officially established on Sept 29 to import the European-made commercial vehicles to China and export products made by its Chinese joint ventures.

China initiates new exporter review for Nissan

2012-10-19 10:32:49

China has decided to initiate a new exporter review on anti-dumping and anti-subsidy measures imposed on autos made by Nissan North America, Inc.

Lexus denies it stopped exports to China

2012-10-18 15:36:45

Lexus China denied that it has stopped importing cars, and said that some popular models, such as the ES300h, are still being imported.

Beijing Hyundai targets 1 trillion yuan revenue

2012-10-19 10:56:41

Beijing Hyundai Motor Company Corporation is expected to produce more than 10 million automobiles, and achieve accumulated revenue of 1 trillion yuan ($159 billion) by 2017, according to Xu Heyi, chairman of the company.

Toyota not to close China factories

2012-10-18 09:21:10

Leading Japanese carmaker Toyota on Wednesday denied reports saying that it would temporarily close some of its factories in China amid strained bilateral ties.