Industry
Audi sales up 35.2% in China in July
Volkswagen's premium car brand Audi sold 16 percent more cars in July than a year earlier, thanks mostly to growth in China, Audi said...
SAIC restructuring plan approved
SAIC Motor Group, China's largest automaker by sales volume and revenue, announced that its asset-restructuring plan has received the green light from Chinese authorities....
China to tighten subsidy scheme for green cars
China is likely to raise the threshold for carmakers qualifying for incentives for fuel-efficient vehicles, the China Securities Journal reported on Thursday. The move,...
Geely to invest $2 billion in Indonesia
China's Geely Automobile Holdings Ltd plans to invest $2 billion in Indonesia to tap strong consumer demand for cars in Southeast Asia's largest economy....
SAIC July auto sales fall 2.97%
Top Chinese automaker SAIC Motor Corp saw July vehicle sales fall 2.97 percent from a year ago, amid a slowdown in the world's largest...
Porsche China sales up 47%
Porsche AG sold 47 per cent more cars in China in the six-month period than a year earlier, and the Asian country –...
China’s JAC Motors To Build Auto Factory In Brazil
Chinese auto maker JAC Motors and SHC, a Brazilian importer of JAC's vehicles, plan to invest $600 million to build a factory in Brazil,...
BMW China sales up 61%
BMW sold a total of 122,000 vehicles in China in the first half of the year, an increase of 61 per cent on the...
China is Ferrari’s Second Largest Global Market
China has become Ferrari’s second largest global market, a not-so-surprising development in light of the global economic realities. The Italian automaker enjoyed strong growth...
Toyota’s China sales up 28.4% in July
Toyota Motor Corp. said Monday that it sold 82,500 new vehicles in China in July, up 28.4 percent from the previous year.
The result marks...