For the first time in 10 years, car imports have dropped in both demand and supply in the Chinese market.
Jaguar Land Rover and its joint venture appointed new senior executives for its integration organization following the resignation of the former president in April, while the two companies' performances declined further.
China is requiring from July 10 that car companies owning intellectual property rights of electric vehicles further their research and development to speed up EV technologies.
Didi Kuaidi, China's largest taxi-hailing app provider by market share, crashed into regulatory barriers in Beijing as the city's transportation authorities announced on Tuesday that private car owners that use Didi's platform to offer unlicensed taxi rides are violating regulations.
The Middle East and North Africa region, or MENA, is poised for a 61-percent surge in the number of cars on city streets by 2020, with an expanding spare parts market attracting more Chinese investment.
Automakers failed to jumpstart the slowing growth in car sales in China last month despite offering steeper discounts, as consumers opted to defer purchases and invest in the world's biggest stock-market rally instead.
Despite increasing patent volume worldwide, global innovation activity is slowing down, according to a report unveiled last week by the intellectual property and science department of Thomson Reuters, a leading business information provider.
Police in Huizhou, Guangdong province, seized more than 1,000 counterfeit mattresses and semi-finished products, valued at about 10 million yuan ($1.6 million), from an illegal workshop.
China's new 10-year new-energy vehicle development plan has more objective, practical goals than the one released in 2012, after NEV sales in the first quarter accounted for only 5 percent of this year's original target.
Volkswagen China is hoping to accelerate sales of new energy vehicles in China by introducing about 15 domestically produced NEV models in the next four to five years.
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Raymond Zhou
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Chen Weihua
