2.4 million autos recalled since April 2014
Great Wall Motors, China's largest SUV manufacturer, announced earlier this month that it will raise a fund of up to 16.8 billion yuan ($2.7 billion) in a private share placement to pay for the research and development of new-energy vehicles, intelligent vehicles and auto parts.
Joint venture to introduce four Jeep models by 2017 as sales surge in China
Politically and socially stable, globally minded and abundant with natural resources, fast-growing Ethiopia is portraying itself as one of the most exciting African economies in which to invest.
Exciting things are happening with companies working on the ground in Ethiopia. With a country in the midst of development, the construction sector is expanding with public sector investment in large infrastructure projects and rapid urban expansion fueling the boom.
China is drafting an antitrust guideline for the auto industry after several companies, including automakers and spare parts producers, were fined for monopolistic practices.
The two-door sports car hit the Chinese market last week as an imported vehicle.
After several years of rapid growth, China, the world's fifth largest super luxury sports car market, is slowing down. However, Italian super sports carmaker Automobili Lamborghini is confronting its future in the nation with optimism, as it believes in the maturity of the market and customers.
Uber is planning to set up a Chinese company after police raids at local offices of the controversial ride-booking service provider.
New properties being built in Shanghai are now required to include some electric car charging facilities. A similar regulation is waiting for approval in Guangzhou and Beijing is also drafting rules to promote construction of charging posts.
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