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Honda Motor Co, Japan's second-largest carmaker, reported sales to dealers in China fell 2.7 percent in June.
Chinese battery and car maker BYD Co has set up an auto financing firm with a subsidiary of Societe Generale's consumer financing arm, an adviser of the French company said on Monday.
Toyota said Monday it is inviting four outside experts to help beef up quality controls at the recall-battered automaker under a program that began in March to review defect measures.
China's second-largest steelmaker Baosteel Group said it will be evaluated by Japanese carmaker Nissan Motor Co as a global autosheet supplier.
Federal-Mogul Corp, a global automobile parts manufacturer, is boosting its investment and technical innovation to better serve the growing Chinese automotive industry.
Growth in the overall Chinese auto market has slowed over the past three months, but British luxury brand Jaguar has continued to set new company records.
Sino-German joint venture Shanghai Volkswagen reported 40 percent sales growth to about 447,000 vehicles in the six months to June, thanks to sparkling demand for the VW Passat and Lavida as well as the Octavia model from its Skoda brand.
Volkswagen's luxury arm Audi broke through the 100,000-unit sales mark in China in the six months that ended on June 30, not only maintaining segment leadership by volume, but also better balancing sales of its locally produced cars and imported models.
China's auto replacement policy has boosted domestic auto spending by 20.5 billion yuan ($3 billion) in the first half of the year, said the Ministry of Commerce (MOC) Friday in an online statement.
China Changan Auto Group Corporation (CCAG) and French leading carmaker PSA Peugeot Citroen signed a contract Friday here on the creation of an equally owned joint venture in China.
Toyota Motor Corp is open to raising the wages of workers in China, where a series of strikes have disrupted its operations, the automaker's president said on Friday.
Denso Corp, Toyota Motor Corp's largest component supplier, plans to expand production capacity in China during the next 12 months as rising demand outweighs concerns that labor costs in the nation will increase.
