Business / Auto China

Chinese carmakers sticks to new-energy drive

[2016-05-27 08:24]

Despite the challenges posed by the limits of current battery technology, Chinese carmakers remain persistent in exploring ways to expand their businesses into the fast-growing new-energy vehicle market.

VW breaks ground on SUV production plant

[2016-05-23 14:41]

FAW-Volkswagen breaks ground on Wednesday on a plant in Tianjin that has the capacity to produce 300,000 sport utility vehicles annually. The Tianjin plant, specializing in SUVs, will start producing two of the brand's models in the fourth quarter of 2018.

Car-sharing seen as answer to many ills

[2016-05-23 14:38]

A new player in China's car time sharing business is taking the sector toward a deposit-free mode for the first time.

Mitsubishi faces difficult road ahead

[2016-05-23 14:34]

Mitsubishi Motors looks to have a bumpy road ahead as fallout from the scandal surrounding the falsifying of its fuel economy data intensifies.

West China is ready to zoom around in new-age 'luxury' autos

[2016-05-23 07:50]

The high level of purchasing power of some consumers in China's western provinces is giving hope to makers of luxury cars who have been otherwise experiencing challenges, in the form of low sales growth and obstacles to their "Go West" strategy.

Chinese brands to continue to lead the MPV sector

[2016-05-23 07:30]

The multi-purpose vehicles segment in China is now dominated by local automakers' low-end autos that command about 90% market share.

Family, business find fun, utility on same wheels

[2016-05-23 07:14]

After strolling around the Auto China 2016 expo held from April 25 to May 4 in Beijing, and checking out 1,000 cars displayed by more than 100 automakers from around the world, this is what Luo Xin, a 36-year-old Beijing bachelor, had to say: "MPV is perfect for family."

Tesla to wait for mass customers before building Chinese factory

[2016-05-20 11:25]

Despite an uptick in Tesla 3 preorders in China, the electric car titan still needs a convincing scale before it decides to add a production site.

Geely raises $400 million in green bond sale

[2016-05-20 11:13]

The proceeds will be used to develop a hybrid taxi to replace the iconic black cab in London, where all taxis are asked to have zero emissions in 2018.

Car2go's strong first month in Chongqing

[2016-05-20 08:15]

Car2go, Daimler AG's car-sharing rental service, has made a strong start to its new operations in southwest China's Chongqing after launching in the city on April 15, its first service in Asia.

SAIC motor unit said to pick banks for $500m plus IPO

[2016-05-19 11:06]

Anji Automotive Logistics Co, a unit of China's largest carmaker SAIC Motor Corp, has picked banks for an initial public offering that could raise at least $500 million, people with knowledge of the matter said.

GAC Gonow faces ire of dealerships

[2016-05-16 16:19]

Representatives of nearly 50 car dealerships demonstrated in front of GAC Gonow's headquarters in Hangzhou, Zhejiang province, on Tuesday.

Hanteng happy to learn from success

[2016-05-16 14:47]

When Hanteng Auto unveiled its brand image and first production models in Beijing on Monday with the slogan "Build high quality cars that meet Chinese preferences", it was a case of deja vu for some attendees.

BMW trains new auto generation

[2016-05-16 14:37]

The BMW China Training Academy and its first academic partner in China have celebrated the 10th anniversary of a leading industry-academy cooperative education program, boasting more than 6,000 graduates.

German brand reflects on future of mobility at CES Asia

[2016-05-16 14:35]

German luxury car maker BMW highlighted its shift toward becoming a high-tech company, and demonstrated its connected vehicles and future gadgets at the Consumer Electronics Show Asia in Shanghai.

Auto experts warn of looming overcapacity Dangers

[2016-05-16 14:31]

Experts are warning of structural overcapacity in China's automotive industry after a survey released on Wednesday showed that 37 automakers in China had a combined capacity of 31.22 million cars by the end of 2015.

Luxury car market spawns online buying sites

[2016-05-14 09:56]

China's booming market for imported luxury cars has sparked the emergence of a number of new online buying platforms, including UGcar, a cross-border website.

Mercedes-Benz showcases latest technologies at CES Asia

[2016-05-11 11:03]

As the contemporary lifestyle is increasingly defined by intelligent technologies that simplify day-to-day mobility and connectivity, German premium carmaker Mercedes-Benz wowed visitors to the Consumer Electronics Show Asia 2016 Mercedes-Benz Media Tec-Day with the latest pioneering technologies and mobility concepts, embodied by two extraordinary models.

Top 10 events between Shanghai and Beijing auto shows

[2016-05-11 06:54]

China Daily's senior motoring editors picked the top 10 events that shook or shaped China's auto industry since last year. They offer readers a quick review of what happened and some insights into what is around the corner.

BMW looks to young for China's future

[2016-05-09 14:27]

BMW's concept car had its Asian premiere in Beijing on Thursday, as the group celebrates its centenary and looks to the next generation of young Chinese to lead future mobility.