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China's car dealers cut prices as sales slow

2010-07-22 16:21:19

China's appetite for cars has slowed and Zhu Dongwei, an auto salesman in the central Chinese city of Zhengzhou, is doing all he can to whet it.

Chinese automakers eye growing Russian market

2010-07-21 11:53:51

Chinese auto manufacturers are eyeing opportunities in Russia as that country witnesses a recovery in its domestic auto market, an industry insider said Tuesday at a major auto show in Northeast China.

SAIC Motor says H1 profit may more than quadruple

2010-07-20 16:04:43

SAIC Motor Corp, China's largest automaker, said its first-half profit may have more than quadrupled from a year earlier because of rising demand for vehicles in the world's most populous nation.

China's automakers told to develop abroad

2010-07-20 15:21:32

China's automakers must expand research and development initiatives abroad in order to overcome limitations to their innovative and competitive abilities at home, an industry expert said Tuesday at a major auto show in Northeast China.

BYD: Land investigation will not impact business

2010-07-20 13:44:17

BYD Co said a government investigation into a possible illegal use of land will have no "material adverse impact" on its business.

Flood-damaged autos a vehicle for profit

2010-07-20 11:14:10

People in the hunt for a secondhand car are being warned to watch out for flood-damaged autos after it emerged that write-offs have been recycled in the pre-owned market.

Automakers quicken energy-efficient vehicle development

2010-07-20 10:58:06

Chinese automakers have begun to ramp up efforts to develop hybrid autos, a move which industry experts said is crucial for China to transform from being a "big nation" to a "powerful nation" within the auto industry.

VW bosses perish in high-speed road crash

2010-07-20 09:41:52

The general manager of Shanghai Volkswagen and three other high-ranking managers were killed in a horrific traffic accident on Saturday during a business trip to Jiuquan in Northwest China's Gansu province, according to a company statement on Monday.

Ford, Jiangling break ground on $300m China plant

2010-07-19 16:32:45

Ford Motor and its partly-owned Jiangling Motors Corp broke ground on Sunday on a $300 million vehicle plant in central China as the partners speed expansion in the world's largest auto market.

GM of Shanghai VW dies in traffic accident

2010-07-19 15:00:21

The general manager of Shanghai Volkswagen Automotive Co was killed in a traffic accident along with three other people, the official Xinhua News Agency reported, citing the company.

Demand slows in auto market

2010-07-19 14:30:54

As expected, tremendous growth registered in the first quarter of 2010 proved unsustainable in the second as the light vehicle market continued to slow through June.

Porsche powering ahead in SUV segment

2010-07-19 13:56:14

Porsche chose this grand metropolis - currently in the spotlight for its World Expo 2010 - as the locale for the national launch of its alluring new Cayenne range.