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Driving schools to wheel out higher prices soon

2010-03-26 11:34:51

Beijingers have flocked to register for driving lessons before April 1, when driving schools will raise their course fees by almost 10 percent.

Daimler Benz accused of bribery in China

2010-03-25 13:23:21

German car and truck maker Daimler AG was charged with violating US bribery laws by showering foreign officials with millions of dollars and gifts of luxury cars to win business deals.

Brilliance Auto expects heavy loss in 2009

2010-03-23 19:00:16

Hong Kong-listed Brilliance China Automotive Holdings Ltd has warned of "a substantial loss" for the Brilliance Auto Group, BMW's Chinese partner, in 2009, compared with a net profit of 80.93 million yuan ($11.86 million) in 2008.

Geely says to sign Volvo deal with Ford soon

2010-03-23 13:37:50

Chinese automaker Zhejiang Geely Holding Group said on Tuesday its talks to buy Ford Motor's Volvo car unit were on track and it expected to sign an agreement in about a week's time.

Toyota in talks with Zhejiang on recall

2010-03-23 01:56:12

Toyota started talks with authorities of east China's Zhejiang Province Monday on the recalls and compensations over potential accelerator pedal problems of the RAV4 sport-utility vehicles.

New SAIC Nanjing plant rolls out own-brand cars

2010-03-22 10:53:03

SAIC Motor Co Ltd kicked off operations at a new plant for its own-brand cars in the capital of Jiangsu province last week when a Roewe 350 compact sedan rolled off the assembly line.

Beijing Benz starts leasing program

2010-03-22 10:49:43

The joint venture between Daimler AG and Beijing Automotive Industry Holding Corp last week forayed into the auto leasing business with BetterLife and Fortis, an affiliate of BNP Paribas.

GM China to recall 7,942 Cadillac CTS cars

2010-03-19 09:21:30

GM China Investment Co is to recall 7,942 imported Cadillac CTS cars in the Chinese mainland from April 28 due to possible brake fluid leakages, China's quality watchdog said Thursday.

Auto parts maker returns to profit in '09

2010-03-19 09:20:52

Sichuan Hejia Co, Ltd, a privately-owned auto parts manufacturer based in southwest China, Thursday reported a profit in 2009, a turnaround after its losses the previous year.

Geely set for control of London taxi maker

2010-03-18 11:39:48

China's Geely Group is set to increase its grip on lossmaking London black cab taxi maker Manganese Bronze by taking a controlling stake and moving more of the production of the TX4 cab to China.

Mercedes' domestic sales to outdo UK

2010-03-18 10:13:51

Mercedes-Benz believes its strong market success in China comes from the German carmaker's ability to assimilate the trends and demands of the local market.

Toyota's premium pricing power evaporates in China

2010-03-17 10:44:56

Toyota, which grew more slowly than competitors in China in 2009, will likely lose more market share and see a decline in local profit margin this year, analysts say.