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Robust growth in China's vehicle production and sales continued in the first month of 2010 to sustain last year's record-setting momentum.
The central government plans to implement a new policy to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles.
The Second Global Automotive Sourcing Summit 2010, exclusively hosted by Gasgoo.com, will be held concurrently with Auto China on April 25th, 2010.
The Hong Kong government might announce the final laboratory test results on liquefied petroleum gas (LPG) samples on Feb 26, which is critical to prove whether the recent spate of vehicle breakdowns in the territory is fuel-related.
China will link compulsory automobile liability insurance rates with drink-driving records, the China Insurance Regulatory Commission (CIRC) said Thursday.
China's auto export in 2009 dropped 46 percent year-on-year due to the global downturn, according to the China Association of Automobile Manufacturers (CAAM) Wednesday.
Of 15 top recipients, the Besturn B70 car by First Automotive Works (FAW) Group was the only design patent to win a gold medal at the 11th China Patent Awards in Beijing on Feburary 8.
Ford Motor Co and Zhejiang Geely Holding Group Co are unlikely to sign a deal on the sale of the US automaker's Volvo unit by the start of the Lunar New Year on Feb 14, said three people familiar with the negotiations.
China's automobile production and sales both more than doubled in January, hitting a record high, after the government extended the stimulus package to the end of this year.
Profit before tax for China's 17 major carmakers surged 68 percent year-on-year in 2009, after negative growth in 2008, the China Association of Automobile Manufacturers (CAAM) said Tuesday.
China's central budget will provide public transportation operators with subsidies to offset the impact of a hike in oil prices, the Beijing Times reported Tuesday, citing sources with the Ministry of Transport.
China has become the target market for the world's luxury auto manufacturers as demand for upscale vehicles surged last year despite a global slump.
