The China Automobile Dealers Association is calling for carmakers to help with the residual value of second-hand new energy vehicles, which is much lower than that of gasoline cars.
Luxuries - be they cars or handbags - are usually marketed as essentials of a desirable lifestyle and items that will make consumers seem appealing, successful and energetic if they buy them.
China's Dongfeng Motor may sell its shares in PSA Group as sales of French vehicles continue to flag in the world's largest auto market.
If there's any silver lining in China's lackluster car market, the improvement of vehicle quality can't be ignored.
NEW DELHI - India's auto industry demanded tax cuts and easier access to finance for dealers and buyers at a meeting with Indian government officials on Wednesday to discuss the sector's woes, sources said, in an effort to revive sales that have slumped.
JINAN - The age difference between members of group of tai chi practitioners in East China's Shandong province is as much as 80 years, proving that the ancient martial art's appeal is timeless. The oldest member is 91 years old and the youngest only 7.
China is riding high in the film and television merchandise business but facing challenges, industry insiders said at a recent forum.
TIANJIN - For most Chinese, dough is only used to make noodles, dumplings and steamed buns. This is not the case for 71-year-old Wang Di, who can turn dough into lifelike figurines.
At 10 years old, GM's China Advanced Technical Center is working to fuel the automaker through the next decade by progressing in the research and development of cutting--edge technologies and advanced materials.
Chinese startup Human Horizons unveiled its first production-ready prototype vehicle, called HiPhi 1, last week in Shanghai, targeting the premium segment of the growing electric car market.
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