Industry
Belarus in talks with China on car JV
Belarusian truck maker BelAZ and auto component plant BATE are holding talks with leading Chinese auto makers on joint production in Belarus, the Belarusian...
General Motors to Develop Electric Cars in China
General Motors Co. (GM) will develop electric cars in China with SAIC Motor Corp. as the partners look to meet government demands for more...
Beijing mulls congestion fees to ease traffic
Beijing plans to impose congestion fees on autos using certain roads and to encourage residents to buy alternative-energy cars in its latest drive to...
BYD’s safety airbags not safe
Safety airbags in BYD Auto Co LTD (BYD) F3 cars have failed to protect passengers at critical moments, reported CCTV on Sept 11.
In an...
Lamborghini sees China as No 1 market
Italy's Automobili Lamborghini Holding SpA expects that by next year at the latest, it will be the first super sports car brand to have...
New subsidy policy for energy-saving vehicles in China
China will launch a new subsidy policy for energy-saving vehicles next month in a bid to encourage automakers to increase green-technology investment and reduce...
Pangda plans to raise $594m via bond sale
Chinese car distributor Pangda plans to raise up to 3.8 billion yuan ($594 million) by issuing bonds, it said on Sept 16. The proceeds...
Chang’an to expand into European markets
FRANKFURT - Chang'an Automobile (Group) Co Ltd, China's fourth-largest automaker, intends to start selling its vehicles in Europe in 2013, with the "right products...
BMW to develop electric car for China
BMW is to develop a new brand of electric cars exclusive to China, giving into pressure from the Chinese authorities. “It will be a...
Automaker Chery sees record exports in August
Chery Auto, China's largest independent automaker, said on Sept 9 that its automobile exports hit a record high in August due to a recovering...