Industry
Nepali market for Chinese cars growing slowly
KATHMANDU-- Although Chinese cars are being introduced in the Nepali market in a big way, they are still struggling to make their presence in...
Geely net Profit up 17% in China
China's Geely Automobile said its first-half net profit jumped 17% from a year ago but warned that demand will slow in the next six...
China auto industry challenged by slow infrastructure development
After more than two-years of rapid growth, China's booming passenger car market experienced a slow summer in 2011. With the future of the car...
Buffett’s backing fails to improve BYD’s status
HONG KONG - Warren Buffett's support for BYD Co is proving no solace for investors, as analysts rate the Chinese automaker the lowest among...
Chery to set up JV to further explore African car market
Leading private Chinese automaker Chery will set up a joint venture (JV) with China-Africa Development Fund to further explore the car market in Africa,...
FAW-Volkswagen to develop SUV for China
The FAW-Volkswagen joint venture will develop a 'city SUV' based on the PQ35 platform that underpins, among others, the Volkswagen Tiguan and Golf 6....
Volvo Cars reports profit, record growth in China
China-owned but Gothenburg-based Volvo Cars Corporation reported an operating earning before interest and taxes of 600 million kronor ($93 million), 170 million kronor in...
Tianjin Faw Toyota Motor to recall 33,809 vehicles in China
Tianjin Faw Toyota Motor Co ill recall 33,809 Corolla EX sedans from Tuesday to fix an engine computer malfunction, China's quality watchdog said on...
New Volkswagen Sagitar to get China-made 1.2 TSI
The new Volkswagen Sagitar (US Jetta) will get a new 1.2 TSI engine. The engine will be made by the FAW-Volkswagen engine factory in...
China car sales up 2.18% in July, Year on Year
China's car sales and output edged up in July from one year earlier despite the weak selling season, signaling a mild rebound may come...