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  • Premium brands luxuriate in China's new wealth

    2010-11-29 13:11

    China overtook the United States as the world's largest vehicle market in 2009 and has also become the growth engine for global luxury car brands.

  • Dongfeng hits 2010 target 40 days early

    2010-11-29 13:09

    Hubei-based Dongfeng Motor Corp, one of China's top-four auto groups, reported year-to-date sales of 2.28 million vehicles by Nov 21, meeting its full-year goal 40 days ahead of schedule.

  • Lifan IPO latest in quest for capital

    2010-11-29 10:53

    Lifan Industry Group Co became the first non-State-owned automaker to be listed on the A-share market when its shares began trading on the Shanghai Stock Exchange on Nov 25.

  • Ford adds 100 China dealers

    2010-11-25 13:37

    Ford Motor is adding 100 dealers in China this year, mostly in smaller cities in inland provinces, its Asia chief said.

  • New car numbers surge in Beijing last week

    2010-11-25 13:28

    Beijing saw 18,000 new cars, or about 2,571 per day, on roads in the past week, said sources with Beijing Traffic Management Bureau Wednesday.

  • China's Lifan Industry to debut in Shanghai this week

    2010-11-24 15:06

    Shares of Lifan Industry (Group) Co, which raised 2.9 billion yuan ($437 million) in an initial public offering, will make their trading debut in the Shanghai Stock Exchange on Thursday.

  • GM plans 100 China dealers for Baojun brand

    2010-11-24 15:54

    General Motors Co and its Chinese partner SAIC Motor Corp Ltd plan to have more than 100 dealerships ready in China for its newly-created Baojun brand before the first car hits the market in the first half of next year, a senior GM executive said on Tuesday.

  • AutoChina cuts 2010 earnings outlook

    2010-11-23 13:53

    AutoChina International Ltd, which sells and leases commercial vehicles in China, posted third-quarter sales which missed estimates, partly hurt by a decline in demand for heavy trucks, and cut its 2010 earnings outlook.

  • GM unveils new brand in China, targets smaller cities

    2010-11-23 13:59

    General Motors, the biggest overseas automaker in China, unveiled its first car under its newly created Baojun brand on Monday, as it steps up expansion in 3rd- and 4th-tier cities that are becoming its main growth driver in the world's largest auto market.

  • Shanghai GM's annual auto sales to top 1m units

    2010-11-22 16:49

    Shanghai General Motors Co Ltd's auto sales may reach 1.02 million units -- a new high -- this year, China Business News reported Monday.

  • Two months of shining sales

    2010-11-22 16:19

    "Golden September - silver October" is often how the two months are known because of their high automotive sales.

  • BMW: Sharp competition will drive down prices

    2010-11-22 15:48

    Competition will become so acute in China's fast-growing premium car market, price cuts are likely over the long term, according to a top China executive from Germany's BMW Group.

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