Amid weaker demands and worries over Brexit, Jaguar Land Rover recorded a loss in the last financial year. But the ongoing transformation program and emerging demands for new models offer hope to the British premium carmaker.
The downward spiral in China's new vehicle market continued in April, marking the 10th straight monthly fall in the world's largest car market, and the situation is unlikely to get better anytime soon, according to the country's leading industry association.
Mercedes-Benz's sales chief in China is moving to take the helm of the brand's operations in the United States, leaving his successor a solid foundation to move forward but also achievements that may require strenuous efforts to match.
Hampered by significant market share losses, Chinese auto brands are struggling to compete for customers with automakers around the globe.
The safety of new energy vehicles should be an area of increased focus by automakers and governments as several recent fire incidents have had negative effects on industry development and customer confidence, industry analysts said.
Private autonomous vehicles will not hit public roads soon because of safety and cost, according to a senior executive at leading supplier of technology and services Bosch.
TOKYO - Japanese car giant Nissan shook up its executive board Friday, adding a top director from partner Renault as it battles fallout from the Carlos Ghosn saga and disappointing results.
BEIJING - Colored clay toys, porcelain and jade flower arrangements from ancient palaces next to virtual reality devices, 3D-printed sneaker soles and Buddha statues are ready to dazzle participants at the Conference on Dialogue of Asian Civilizations.
For more than 1,000 years, Chinese artists and craftsmen have sought to replicate the beauty of their surroundings by creating unique works, which feature unique techniques that have played an important role in the country's culture and history. One of those techniques is woodblock printing.
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