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PSA Peugeot Citroen and Volkswagen AG's joint ventures in China will benefit as a weaker euro reduces the cost of components imported from Europe, Nomura Holdings Inc analysts said.
SAIC Motor Corp, China's largest domestic automaker, expects its first-half sales to increase to more than 1.65 million vehicles from 1.23 million a year earlier, President Chen Hong said. SAIC plans to expand brand portfolio, capacity
After reporting strong annual sales in China last year, SAIC-GM-Wuling, General Motors' Chinese joint venture in Guangxi Zhuang autonomous region, is charting further expansion of its product portfolio and capacity.
Beijing drivers waiting to have their cars repaired after collisions have long faced the frustration of paying to rent a car - or going without a vehicle altogether.
China's quality watchdog said Tuesday Volkswagen Import Co will recall 30 imported Lamborghini vehicles from May 31 due to a problem with the fuel tank.
Copper demand in China, the world's largest user of the metal used in pipes and wires, may gain as much as 12 percent this year and prices won't fall much further, according to Wanxiang Resources Co's chief analyst.
Infrastructure construction in China may push up domestic demand for special purpose motor vehicles, especially construction vehicles and engineering trucks, an industry analyst said.
With China's high-end, heavy-duty truck market not expected to boom for at least 10 years, global truck makers are now seeking opportunities in China's special-purpose vehicle segment in hopes of grabbing a foothold in the world's fastest growing economy.
Fast growth of India's automobile sector are capturing the investment interests of the Chinese auto industry, with India's first auto plastic fuel tank maker in scale YAPP-ZOOM starting production Monday.
General Motor's and its Chinese partners are expanding their mini-van and pick-up truck venture, a move which would boost capacity by nearly 50 percent by the end of 2012, the venture said in a statement.
China's government will extend subsidies for trade-in vehicles to the end of this year, the Shanghai Securities News reported, citing unidentified people.
China's automotive market remains volatile. Speculation that strong sales in March were just building dealer inventories appears to be well founded. In April, light vehicle sales totaled 1.44 million units, 12 percent lower than the previous month, though still up 34 percent year on year.
