Business / Auto Global

Tianjin teams up with Glasgow in new energy vehicles

[2016-10-21 09:58]

China's northern port city Tianjin will join hands with Glasgow, the largest city in Scotland and the third-largest city in the UK, in new energy vehicle (NEV) development, said an official of Tianjin on Thursday.

Nissan agrees to Mitsubishi stake deal

[2016-10-21 07:30]

Nissan Motor Co completed its acquisition of a $2.3 billion stake in Mitsubishi Motors Corp, clearing the way for Carlos Ghosn to take over as chairman and embark on a bid to turn around a third major automaker.

Automaker gears up for future with new brand of car

[2016-10-21 17:29]

Chinese automaker Geely launched a new brand of car-Lynk & Co-on Thursday in Berlin in its drive to seize the midrange market.

Chinese firms rev up at Frankfurt auto event

[2016-10-10 11:13]

The number of Chinese enterprises participating in Automechanika Frankfurt has been increasing over the last few years.

ZD mini rolls into Europe car time-sharing market

[2016-10-10 11:11]

Shandong Xindayang Electric Vehicle-maker of the ZD mini electric vehicle-said it is moving into the fast lane to promote and expand its time-sharing rental business in Europe.

Fiat, Samsung partnership talks stall on Note 7 distraction

[2016-10-17 10:37]

Fiat's talks with Samsung Electronics over a partnership with its carparts unit have stalled because the Korean company is focused on resolving the Galaxy Note 7 smartphone crisis

China's BYD to start electric bus manufacturing in Hungary

[2016-10-11 11:35]

Chinese electric vehicle manufacturer BYD is building a bus factory in Hungary, in the northern town of Komarom, which is to be the first of its kind on the European continent.

Paris auto show powered by new energy vehicle strategies

[2016-10-10 11:22]

New energy vehicles are increasingly taking center stage in the automotive world, with several major automakers announcing their electric car strategies at the ongoing Paris auto show.

GM throwing off cash and confident it'll keep flowing

[2016-10-10 11:21]

General Motors generates $1 billion in pretax profit a month. Yet the stock market seems unimpressed, assigning the company a market value of just $50 billion.

Chinese automaker Lifan unveils new model for Argentine market

[2016-10-06 17:04]

Chinese automaker Lifan has recently unveiled its new model X50 in Argentina, where the small-size SUV will sell for 245,000 pesos (about $16,333).

VW faces record German investor lawsuits after emissions scandal

[2016-09-26 10:15]

Volkswagen AG faces Germany's biggest investor lawsuit, as attorneys filed complaints totaling $9.2 billion related to the diesel emissions scandal that wiped out a third of the company's market value.

Carmakers quit Paris Motor Show to go online

[2016-09-19 10:18]

Ford Motor Co and Rolls-Royce are among the companies skipping the Paris Motor Show, as the once-unmissable event succumbs to changes sweeping the industry. Instead of shelling out millions to woo consumers to crowded exhibition centers, carmakers are reaching out to buyers where they like to spend time - on Instagram, blogs and the beach.

Mitsubishi still under regulator's watch

[2016-09-12 07:33]

Mitsubishi Motors Corp, which has been raided three times by Japan's transport ministry over its decades-long fuel economy scandal, could be searched again by the regulator, because a planned rescue by Nissan Motor Co has fallen behind schedule.

BYD launches Europe's biggest all-electric bus fleet

[2016-09-10 07:10]

Chinese automotive manufacturer BYD officially launched 51 new single decker electric buses on Friday, which it said would be Europe's biggest all-electric bus fleet so far, saving London 700 metric tons of CO2 emissions a year.

Volvo Cars and auto safety group Autoliv team up to develop autonomous driving

[2016-09-08 07:13]

Chinese-owned Volvo Cars and the Swedish-based automotive safety group Autoliv Inc say they are creating a jointly-owned company to develop autonomous driving software.

Geely to revolutionize London's black taxis

[2016-08-12 07:05]

Three years ago, London Taxi Co was bankrupt and Londoners faced losing their familiar black taxicabs. But thanks to Chinese automaker Geely, the re-energized company is about to introduce a radical change on the streets of London.

BAIC plant moves to gear up Southeast Asian markets

[2016-08-05 08:26]

BAICGroup, one of the major Chinese automakers, is taking action to develop its South and Southeast Asian markets.

Apple looks to get to core of secretive car project

[2016-08-01 07:49]

The tech world has been fascinated for months by Apple's work on its own car in a project not-so-modestly dubbed Project Titan. Years before an Apple car might hit the roads, though, the company is hitting some speed bumps.

BYD to expand into Brazilian auto market

[2016-08-01 08:38]

BYD Co Ltd, a major private sector new-energy vehicle producer in China, is firming up plans to further expand into the Brazilian market.

In the driver's seat in Europe

[2016-08-01 08:36]

Chongqing Lifan Co Ltd continues to lead Chinese automakers in the European market, going by their performance in the first half of this year, according to a report from Russia's analytics agency AutoStat.

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