Tesla Motors said there will not be massive layoffs in China in the near future, denying recent Chinese reports that said the US-based electric carmaker would slash around 30 percent of its employees after missing its 2014 sales goal in the world's largest auto market.
Premium carmaker Infiniti has ambitious plans to boost its share of the Chinese luxury car market by pushing its locally made models and branding campaign.
Chongqing-based Changan Automobile hopes to become one of the top new-energy vehicle producers in China by 2025, with aims to make 34 models and sell 2 million electric cars, said the company's president Zhu Huarong.
The 500 units of Volvo's XC90 limited edition sold out within 45 minutes in China on its online sales channel, and the massively produced version is coming to the Chinese market in April.
China's new-energy vehicle industry is booming because of a rising awareness of saving energy, protecting the environment and traveling in an environmentally friendly way.
China and Colombia have significantly expanded economic and trade cooperation over the past 35 years through steady development of bilateral relations.
"Colombia highly values its relations with China and would like to strengthen cooperation with the country in various sectors," Colombia's Foreign Minister Maria Angela Holguin said in Bogota to mark the 35th anniversary of bilateral relations .
Three cities receive designation to pilot tech breakthroughs, Tang Zhihao and Feng Zhiwei report.
The pilot National Innovation Demonstration Zone program was established by the central government to promote independent innovation capability, strengthen industrial competitiveness and enhance the role of high-tech parks in guiding regional development. The demonstration zones are given favorable policies, then required to lead the way in areas such as technology transfer, share option incentive schemes and technology finance.
Skoda Auto expects to establish a more independent brand image in China as the Czech marque gains in popularity in the world's largest auto market.
Dongfeng Fengshen's latest L60 sedan has rolled off the production line in Wuhan, the capital of Hubei province. It is the Chinese brand's first model since Dongfeng Peugeot Citroen Automobile Co Ltd took control of the French carmaker.
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