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24-hour auto factories still can't meet demand

2010-01-16 07:54:04

Nissan Motor Co's factory in central China is making cars almost 24 hours a day, yet Pan Xiaowei still waited three months for her new Tiida compact to arrive at the dealership.

Rich spend more on lifestyle enhancement

2010-01-15 08:08:20

If you ever wondered how wealthy Chinese spend their money, here is some insight from Hurun, a research firm specialized in tracking China's rich and famous.

Mercedes-Benz's 2009 sales soar 77% in China

2010-01-13 10:03:35

Mercedes-Benz marked 2009 as their "best year ever" in China with sales in the mainland soaring 77 percent to 68,500 vehicles, German-US auto giant Daimler Chrysler said Tuesday.

Peugeot Citroen recalls 14 cars in China due to faulty bolt

2010-01-13 09:46:15

French auto maker PSA Peugeot Citroen would recall 14 of its 308 SW model sold to the Chinese mainland due to faulty bolt, China's product quality watchdog said Tuesday.

China: World's biggest auto producer, consumer

2010-01-12 15:37:29

Official figures Monday confirmed China had overtaken the United States to become the world's top auto maker and market in 2009 boosted by government stimulus measures.

China's electric car displayed at NAIAS

2010-01-12 10:39:49

China's first electric carmaker BYD displayed its e6 and F3DM electric vehicles at the North America International Auto Show (NAIAS) which opened in the US auto city of Detroit on Monday.

Cycle maker gets Buffett share bump

2010-01-12 08:01:14

Everything that Warren Buffett mentions an interest in turns magically to gold, or at least it appears to in China.

Stimulus cash helps drive auto industry to success

2010-01-12 07:46:50

Last year was a remarkable one for China's automobile industry. Not only did the country snatch the crown as the world's largest car market from the United States, Chinese companies also branched out to buy up foreign brands and assets.

China becomes world's biggest auto market

2010-01-11 16:51:29

China has overtaken the United States to become the world's biggest auto market for the first time, with the annual sales exceeding 13.64 million units in 2009, the China Association of Automobile Manufacturers said on Monday.

China drives US into 2nd spot

2010-01-11 15:25:17

China overtook the United States as the biggest auto market in 2009 and auto makers should see stronger growth this year, an industry group said on Jan 8.

Li consummates his love of Volvo

2010-01-11 08:00:24

To Li Shufu, chairman of Zhejiang Geely Holdings Group, his pursuit of Swedish luxury brand Volvo is the story of a swain courting a princess. Last month when the Zhejiang-based Geely settled commercial terms to buy the Sweden-based Volvo division from US company Ford for an estimated price of $2 billion, the Chinese businessman finally received a nod of approval from his regal heartthrob.

Volkswagen sales surge 36.7 percent in 2009

2010-01-11 08:00:57

German auto giant Volkswagen AG posted a 36.7 percent surge in 2009 China sales to maintain the top position it has held for more than 20 consecutive years.