Industry
BYD’s Q1 profit down 84%
Chinese battery and carmaker BYD Co Ltd reported an 84 percent profit decline in the first quarter in a statement filed with the Hong...
Spy Shots: Geely GLEagle GX2 testing in Taiwan
Geely seems planning to export cars to the rebellious island-province of Taiwan. A camouflaged Geely GLEagle GX2 was seen testing in Taipei. There seems...
Nissan to expand capacity in China, might produce Infiniti
Nissan Motor Co plans to boost production capacity in China by as much as 600,000 vehicles over the next six years as Japan's second-largest...
Chinese Premier Wen Jiabao launches MG6 in UK
The Chinese Premier Wen Jiabao is on a visit to the UK. At the MG car plant, in the Longbridge area of Birmingham, now...
BYD Share Price Likely to Fall Below IPO Price
Shares of BYD Co. Ltd., the Chinese automaker backed by U.S. billionaire investor Warren Buffett, which will begin taking subscriptions for its initial public...
Ford builds new $500 million engine plant in China
Ford Motor Company's passenger car joint venture in China, Changan Ford Mazda Automobile (CFMA), broke ground today for a new, state-of-the-art engine plant in...
China’s car maker BYD gets approval for IPO
BYD Co Ltd, the Chinese car maker backed by US billionaire investor Warren Buffett, said late Thursday that it had received formal approval from...
Beijing Hyundai to recall nearly 10,000 cars
Beijing Hyundai Motor started to recall 9,280 MoInca vehicles over defective engines on Wednesday, China's quality watchdog said.
MoInca-model vehicles produced between August 1...
Nearly 100,000 Mazda’s to be recalled in China
Japanese automaker Mazda Motor and its Chinese joint venture Chang'an Ford Mazda will recall 94,874 Mazda3 vehicles starting Thursday over defective windshield wipers, China's...
China to exempts green vehicles from taxation
The State Council, or China's cabinet, on Wednesday began soliciting public opinions on a draft regulation for the implementation of the Vehicle and Vessel...