Industry

Jaguar Land Rover and Chery agree joint venture in China

Jaguar Land Rover has clinched a joint venture deal with China's Chery Automobile in a move that promises to boost sales in one of...

Mercedes-Benz offering 25% discount on cars in China

There has never been a better time to buy a Mercedes-Benz in China. The problem for luxury carmakers such as Daimler AG is that...

FAW-Volkswagen to develop new SUV for China

The FAW-Volkswagen joint venture will develop a new SUV for the Chinese car market, it will be based on the PQ35-platform that underpins the...

Fuel prices in China raised by 6.5-7%

China raised fuel prices for the second time this year, hiking gasoline and diesel by 6.5 percent to 7 percent effective on Tuesday, amid...

Nissan might spin off heavy truck business in China

Nissan Motor and Dongfeng Motor Group Co will spin off the heavy truck segment of their China venture to Dongfeng's state parent, paving the...

Volvo scores global endorsement deal with Jeremy Lin

Volvo Cars has signed New York Knicks point guard Jeremy Lin to a global endorsement deal, the automaker announced today in New York City....

New CEO for Renault China

Katsumi Nakamura was appointed as CEO of the French carmaker's China business operations. He reports to Carlos Tavares, COO of Renault. Born in 1953, Nakamura...

Record 9,380 U.S. dollar for a License Plate in Shanghai

Prices of new license plates in Shanghai hit record high in March as enthusiasm for private-car ownership continued to grow despite government controls on...

Geely to launch in UK this year

Geely will start sales of its Emgrand EC7 compact car at the end of 2012 through a new distribution company called Geely Auto UK....

China’s Maxus & JAC vans heading to Australia

China’s largest vehicle manufacturer, Shanghai Automotive Industry Company (SAIC), will arrive in Australia later this year when it launches a range of new people...