Business / Auto China

Experts expect popularity of MPVs to surge in China

[2016-02-15 14:51]

Chinese auto experts expect multipurpose vehicles to become the next popular vehicle in China as the nation's second-child policy goes into full swing.

Renault opens plant in Hubei province to produce Kadjar SUV

[2016-02-15 14:41]

Renault began production on its compact Kadjar sport utility vehicle this month in Wuhan, capital of Hubei province, after more than a decade of selling its imported cars in China.

Industry urged to log in to social media trends

[2016-02-15 14:41]

The auto industry is being urged to pay more attention to social media as it may provide insight on potential customers.

Up to 50% of Chinese car buyers will use loans by 2020

[2016-02-04 20:04]

The penetration rate of automotive finance in China is likely to increase from the current 25 percent to 50 percent by 2020, according to senior professionals in the industry. It means half of Chinese automobile buyers will use loans to buy a vehicle.

Luxury auto market feels the sting of China's slowdown

[2016-02-02 14:46]

Significant headwinds from China's economic slowdown and its yearslong anti-corruption campaign have stalled the nation's luxury vehicle market and its automakers.

New head committed to Infiniti roadmap

[2016-02-02 14:42]

Gaby-Luise Wuest is preparing to brush up her Chinese language skills after she was appointed head of Dongfeng Infiniti Motor Co on a chilly afternoon last week in Beijing.

Backed by Tencent, startup puts prominent names behind wheel

[2016-02-02 14:40]

Two heavyweight auto executives have joined a little-known Chinese company aiming to produce electric cars, a harbinger of more integration between the IT and traditional auto industries.

Renault opens first China plant

[2016-02-02 10:29]

French automaker Renault opened its first factory in China on Monday, in a joint venture with Dongfeng Motor Corp that has an initial production capacity of 150,000 cars per year.

Vehicles damaged in Tianjin blasts sold in auctions

[2016-02-01 15:26]

More than 500 vehicles damaged in massive explosions at the Port of Tianjin in August last year went on the market this month through auctions in the city and in Qingdao, Shandong province.

Dealerships seek $153m from Chrysler joint venture

[2016-02-01 15:23]

Chamber says automaker failed to offer solution after complaints of losses and soaring inventories

Tencent-backed startup attracts big names in auto industry

[2016-01-29 16:13]

Harmony Futeng, a company backed by Tencent, said that Carsten Breitfeld will take the role as chief executive officer and Daniel Kirchert as chief operating officer of its 'Internet Smart Electric Car' enterprise.

Racing car designed for public roads prepares to wow China

[2016-01-29 08:00]

The BAC Mono makers are convinced the car will become the ultimate 'big boy' accessory among young cosmopolitan executives in China's big cities.

Dongfeng Infiniti appoints new president

[2016-01-27 20:28]

Gaby-Luise Wuest was appointed president of Dongfeng Infiniti Motor Co on Wednesday to replace Daniel Kirchert "who has decided to leave the company to pursue other opportunities", said premium automaker Infiniti.

Infiniti's Kirchert leaving for smart car venture

[2016-01-26 09:35]

Premium carmaker Infiniti's China head, Daniel Kirchert, is resigning this week and will join a startup smart electric car venture backed by Internet giant Tencent Holdings and Foxconn Technology Group, sources said on Tuesday.

Delivery business fuels demand for electric vehicles

[2016-01-25 14:58]

Growth in demand for home deliveries will boost the electric vehicle industry domestic express delivery companies are using more such vehicles in their fleets.

BMW gears up for growth with new engine plant in Shenyang

[2016-01-25 11:19]

BMW Brilliance Automotive entered a new phase of local production on Friday as its new engine plant in Shenyang started production of the automaker's latest turbocharged engines.

Critics not optimistic Qoros will meet ambitious targets

[2016-01-25 11:15]

Qoros' new leadership released a series of ambitious plans half a month after its CEO resigned, though experts expressed doubt that the sweeping changes will turn things around for the company.

Lexus' golden rule in China focuses on quality, brand

[2016-01-25 10:54]

Toyota Motor Corp's luxury brand Lexus is not banking on domestic production to propel business in China despite the fact that its competitors, such as Audi, BMW and Mercedes-Benz, have seen sizable volume growth by relying on locally produced autos over the past decade.

BAIC BJEV announces ambitious 5-year plan

[2016-01-25 10:42]

BAIC Group's electric car making arm, Beijing Electric Vehicle Co, has announced its five-year plan for developing new-energy vehicles, after topping the domestic new-energy vehicle market in terms of volume.

BMW opens first engine plant in China

[2016-01-23 10:54]

German automaker BMW opened its first engine plant in China on Friday. The plant, based in the northeastern city of Shenyang, belongs to its Chinese joint venture BMW Brilliance Automotive (BBA) Holdings Ltd.