SAIC Motor Corp, China's largest domestic carmaker, aims to raise as much as 10 billion yuan ($1.47 billion) in a private share placement to expand in the world's biggest auto market by developing own-brand vehicles.
China's largest recharging station, which can handle 45 electric vehicles, opened Wednesday in Linyi city in Shandong province, National Business Daily reported.
A strike at a Japanese car parts supplier in Guangdong province forced Toyota Motor Corp to suspend production at a Chinese auto assembly plant on Tuesday, the latest in a string of labor-related disruptions at foreign-owned manufacturers across the country.
Hybrid Kinetic Motors Co (HK Motors) CEO Wang Chuantao recently refuted claims that his company was incapable of manufacturing natural gas hybrid cars and unable to raise enough funds for the project.
China will retain its competitive edge and remain a favorite manufacturing destination for global automakers, but the recent labor unrests may increase costs for companies, industry sources and analysts said on Tuesday.
Daimler AG is showing its ambitions in China's high-end multipurpose vehicle (MVP) market as it rolls out two luxury models, the Viano and Vito.
German automaker Volkswagen recently presented four of its alternative-energy cars in Shanghai, showing some of its long-term plans for global leadership in technology and overall sales.
Workers went back to work on Sunday morning at a Toyota parts supplier in North China's Tianjin municipality, ending a three-day strike for higher pay, local authorities said.
Mercedes-Benz dealers from throughout the country recently gathered at a "family dinner" to celebrate a successful year in 2009.
As automakers worldwide gear up to produce alternative-energy vehicles, BMW is on track to fulfill its own commitment to save energy and reduce emissions while enhancing driving pleasure.
Every day thousands of new cars hit the roads in China and they all travel on rubber tires. The four wheels on your car, or the 14 wheels on the trucks hurtling between Beijing and Shandong and beyond are the most obvious evidence of the importance of the rubber industry.
Italy-based Carrozzeria Bertone Auto Design Company has signed a partnership agreement with the Raffles CU International College affiliated with Changchun University in Changchun, capital city of northeastern China's Jilin province.