Chinese conglomerate Geely Holding has hit a speed bump on its way into the United States, as Ford Motor has challenged the trademark application for its new car brand Lynk & Co.
WASHINGTON - Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration's demand for higher US automotive content in a modernized North American Free Trade Agreement.
Jewelry companies that plagiarize designs will be put on the industry blacklist if they refuse to rectify their actions after two warnings, according to Shi Hongyue, secretary-general of the Gems and Jewelry Trade Association of China.
The recently signed light rail trains project in Kuala Lumpur, Malaysia, is a sign that Chinese companies in the transportation sector are increasingly focusing on quality rather than quantity when it comes to exports, industry insiders said.
As the Chinese military-themed action movie Wolf Warrior II has gained huge market acclaim, the potential value of the movie's name is drawing increasing attention. Industry experts said there is an ongoing intellectual property battle behind the scenes of the battle for the box office.
China sold 1.97 million cars in July, a five-month low, and the situation is not expected to improve soon, according to the country's leading industry association.
Lexus, the luxury unit of Toyota Motor, is confident that it will reap steady sales growth in China this year, encouraged by its strong performance in the first seven months of 2017.
Electric car startups in China are ratcheting up their efforts to develop and roll out models as new energy vehicles are gradually becoming more and more accepted across China.
After a market wobble in 2016, new energy vehicle sales are predicted to ramp up by 51.8 percent this year in China.
Germany's effort to clean up diesel's dirty image by getting older, more polluting models off the road is likely to spur a rush for trade-in deals from the country's automakers.
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Raymond Zhou
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