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Toyota knew two years ago about the engine problem behind its latest Lexus recall, even changing the spring part to correct it, but did not think a recall was warranted until recently, a company official said Tuesday.
BYD Co, the Chinese automaker partly owned by billionaire Warren Buffett, started assembling cars in Russia, BYD's local partner TagAZ said.
Despite news that Beijing has already removed around 25,000 high-polluting cars from city streets this year, environmental officials claim they are under pressure to finish the year-end target of 40,000 cars.
Mercedes-Benz sold 113,300 cars worldwide last month, making it the best June performance in its history, Daimler said. The premium brand's sales in China were up 177 percent last month to 13,700 cars.
Automobile sales slowed for the third consecutive month this year in June as inflationary pressures continued to weigh heavily on new purchases, analysts said on Monday.
Toyota started recalling more than 90,000 luxury Lexus and Crown vehicles Monday in Japan over defective engines — the latest setback for the automaker beset with quality problems.
China’s passenger-car sales growth slowed in June to 10.9 percent from a year earlier, the China Automotive Technology & Research Center said today.
German luxury carmaker BMW's support for Chinese culture was once again illustrated last month when it and its joint venture partner organized the fourth annual BMW China Culture Journey.
British automaker Jaguar Land Rover, now owned by India's Tata Motor Ltd, last week opened a training center in the city and announced formation of a wholly owned sales company that will import its vehicles to China.
Daimler Northeast Asia, Ltd. will recall seven Axor trucks in China beginning July 5 due to a possible oil leak.
A string of recalls by some big-name car makers in the first half have fueled Chinese consumer concerns over quality and prompted the world's biggest auto market to lay down stricter recall regulations.
Volkswagen's premium brand Audi broke through the 100,000 vehicle sales mark in China during the first half of this year and expects to match this result in the remaining months of 2010.
