Rising sales, but dealers feel crunch

2012-06-26 14:09:58

The market moved forward in May as light vehicle sales rose 18 percent over a year earlier to 1.6 million units.

Nissan China JV builds new plant

2012-06-25 17:36:19

Japanese carmaker Nissan Motor Corp's Chinese joint venture said it will spend 5 billion yuan to build a new auto assembly plant in Northeast China.

Benz may use Beijing nameplate

2012-06-18 14:36:14

German automaker Mercedes-Benz may sell its E-Class sedans under the Beijing brand owned by its local partner BAIC Group to qualify for the government procurement market now limited to domestic brands.

Auto trade-in program for 2012

2012-06-14 09:01:20

China's Ministry of Finance issued an old-for-new trade-in auto program for 2012, to boost the auto market and facilitate its emissions-reduction efforts.

Nissan plans $785m NE China plant

2012-06-15 11:24:39

Nissan Motor, the biggest Japanese automaker in China, is to build a 5 billion yuan ($785 million) plant in the Northeast China.

97,452 Elantra cars recalled

2012-06-09 16:36:33

China's consumer quality watchdog said Friday that Beijing Hyundai had decided to recall thousands of Elantra Yuedong cars because of defective airbag designs.

VW to double capacity in China

2012-06-11 11:08:00

Volkswagen plans to nearly double its production in China in the next few years, said a management board member who was recently appointed to head the group's operations in the country.

Infiniti: Local output to boost share

2012-06-05 10:49:21

As it battles the dominance of German carmakers in China's premium segment, Nissan's luxury unit Infiniti has signed deal to begin local production in the city of Xiangyang, Hubei province in 2014.

Govt capital fuels green autos

2012-06-05 11:03:44

The Chinese government will allocate 1 to 2 billion yuan annually to support the development and production of green vehicles, said a deputy minister of finance.

Big reshuffle at top of VW

2012-06-04 09:26:36

Volkswagen AG CEO Martin Winterkorn appointed a new trucks chief, added a top executive for China and replaced three Audi board members.

BMW Car distributor cancels IPO

2012-05-29 11:01:53

China's biggest distributor of BMW cars responded to decreasing stock prices by canceling its plans to raise as much as $430 million in an IPO in Hong Kong.

Ferrari recalls 56 cars

2012-05-26 09:47:18

Luxury sports car manufacturer Ferrari will recall another 56 vehicles imported to the Chinese mainland due to defective crankshafts.