Business / Auto China

Geely gears up with new car brand

[2016-10-21 07:14]

Chinese automaker Geely launched a new car brand-Lynk & Co-on Thursday in Berlin as it seeks to seize the midrange market.

Didi targets tourists with TripAdvisor deal

[2016-10-19 17:29]

China's largest online car-hailing platform Didi Chuxing announced on Wednesday that it had signed a strategic partnership agreement with travel site TripAdvisor (China), to gear up its expansion in travel offerings.

Hyundai plans two new factories in China

[2016-10-19 09:51]

South Korea's Hyundai Motor Co said two new factories in China will produce more environmentally friendly vehicles and models targeting the world's biggest auto market.

Honda restarts expansion with Wuhan plant

[2016-10-19 09:40]

Honda Motor said on Tuesday it has revived plans to expand production in China, beginning work on a new plant this year that will start operating in 2019.

Geely set to unveil mid-tier brand

[2016-10-15 06:52]

Chinese billionaire Li Shufu will test whether there's room for another global car brand by introducing a new marque next week, built on technology jointly developed by his two car companies, Geely Automobile Holdings Ltd and Volvo Cars.

Skoda concentrates on SUVs for sales in China

[2016-10-10 11:23]

Czech automaker Skoda Auto is starting an SUV offensive, with its seven-seat Kodiaq as the spearhead, to boost sales in China and other major markets.

Parallel imports give dealers a run for their money

[2016-10-10 11:20]

China's vehicle parallel import business dragged down prices and maintained luxury car sales volume, while the high-end market has cooled over the past several years.

Hailing apps expected to slow amid new car size regulations

[2016-10-10 11:20]

Online chauffeured car hailing platforms' development may slow down in the tough days ahead, as major Chinese cities squeeze out the popular compact vehicles from business.

Skoda new shareholder of SAIC Volkswagen

[2016-09-30 10:33]

Czech automaker Skoda Auto has become a shareholder of SAIC Volkswagen which has been localizing its cars since 2007, said its CEO Bernhard Maier.

VW to bet big on mobility and NEV

[2016-09-29 09:44]

Volkswagen AG has built a company dedicated to mobility service as part of its goal to stay competitive as it has been, said a senior executive of the German car giant on Sept 29, the eve of the Paris auto show.

GAC gears up for major capacity expansion

[2016-09-29 09:12]

GAC Motor Co Ltd on Wednesday began major renovations of its assembly plant in Hangzhou, capital of Zhejiang province, in a push to expand production capacity following substantial sales growth.

Renault to set up autonomous driving demonstration zone in central China

[2016-09-26 10:23]

French car maker Renault announced Sunday it will set up an autonomous driving demonstration zone in central China's Wuhan city to promote the new technology.

Car dealers protest against Hyundai over financial pressures

[2016-09-26 10:15]

Thirty local dealers are seeking compensation from Hyundai Motor Group (China) Ltd for losses totaling $90 million, which relates to the South Korean automakers' alleged premeditated plan to shut down the network for imported cars.

Top Genesis brand to debut in mainland

[2016-09-24 07:43]

South Korea's Hyundai Motor will launch its stand alone premium Genesis auto brand in China within two to three years, betting on a luxury lane to profit as competition bites at the lower end of the world's biggest auto market.

Sinotruk revs up factory plans

[2016-09-21 09:04]

China National Heavy Duty Truck Group, the country's largest truck manufacturer by revenue, will speed up efforts to develop manufacturing facilities in countries along the Belt and Road to battle sluggish exports.

FAW Car to sell luxury brand unit

[2016-09-20 13:20]

Big losses suffered by the flagship Hongqi maker prove to be unsustainable for the listed company

SOEs turn to SUVs for growth

[2016-09-19 11:00]

Chinese carmakers lead in the fast-growing sport utility vehicles segment, while the joint venture car brands grabbed sustainable profits amid intensified competition in the non-luxury sedan and emerging margin erosion risk.

Tesla Autopilot function update follows accidents and court case

[2016-09-19 08:06]

US electric carmaker Tesla Motors Inc, which was widely praised for its Autopilot, has been under fire for the same system since a Model S sedan crashed into a semi trailer that was crossing a Florida highway in May and killed the driver.

Chinese automaker BYD to expand electric vehicles factory in California

[2016-09-14 17:16]

Chinese carmaker BYD announced Tuesday that it would expand its electric vehicle plant in the U.S. city of Lancaster in southern California, tripling the size of its facility, employment and production capability in next three years.

GAC to boost output to 1 million cars

[2016-09-14 07:18]

GAC Motor focusing on research and development of Chinese homegrown vehicles-will expand its annual output capacity to one million vehicles by 2020.

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