Price cuts were made by some luxury marques during the recent May Day holiday - and more players are predicted to follow suit in a bid to attract customers.
Volkswagen AG Chief Executive Officer Herbert Diess pledged to step up integrity and compliance efforts as part of the German manufacturer's deepest overhaul since the diesel-emissions scandal came to light in 2015.
Following the debut of the all-new BMW X3 at Auto China 2018 in Beijing, the German automaker's Chinese joint venture, BMW Brilliance, announced the model's recommended retail price of 399,800($63,131.17) to 585,800 yuan with orders being taken nationwide as of April 26.
Carmakers are jumping on the mobility services bandwagon in China, which is a strategic step as ride-hailing and car-sharing threaten traditional sales and also an expedient to sell their locally made electric cars, according to industry analysts.
Nissan and its Chinese joint venture Dongfeng Motor, known as DFL, will offer more than 20 electric models over the next five years - both zero-emission and e-POWER - as part of a commitment to sustainable development in China.
In keeping with customer demands, the milestone breaking all-new BMW X3 went into domestic production recently, taking the premium German brand's Chinese venture to the next level.
Shanghai High People's Court recently upheld a lower court ruling on a trademark dispute revolving around a much-honored university name that stretches back over a century.
The time taken to review trademark filings will continue to shorten as part of ongoing reforms, according to a plan released by the State Intellectual Property Office at a recent news conference.
A novel aimed at promoting innovation and intellectual property awareness was launched during an open house event of the State Intellectual Property Office last week.
Jaguar Land Rover and its Chinese joint venture Chery Jaguar Land Rover made a powerful impression on the opening day of the 15th Beijing International Auto Show, last week, debuting two flagship models.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
