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  • VW sales in China hike 39% in first 9 months

    2010-10-18 15:27

    German automaker Volkswagen Group reported a 39 percent year-on-year sales hike in the first three quarters this year in China, outperforming what it achieved for the full of last year.

  • Lifan Industry gets nod for Shanghai IPO

    2010-10-18 13:20

    Lifan Industry Group Co, which American International Group owns a stake in, won approval from the China Securities Regulatory Commission to list in Shanghai, according to a statement posted to the regulator's website on Oct 15, Bloomberg reported on Monday.

  • BYD hits snag for illegal land use

    2010-10-18 10:42

    Chinese battery and low-cost car manufacturer BYD Co recently hit a bump on its road to become a leading global automaker as it was accused of illegal land use.

  • China's auto industry not overheated, analysts say

    2010-10-18 09:29

    China's automotive industry is not overheated despite its continued fast growth, an industry analyst said Sunday, amid recent concerns that overcapacity problems loom in the world's largest auto market.

  • BMW recalls 21,771 sedans in China

    2010-10-16 16:32

    German auto giant BMW Group on Friday began recalling more than 21,000 luxury sedans in China to fix a faulty brake system, while British carmaker Jaguar Land Rover recalled 30 Discovery 3 TDV6 diesel vehicles, China's quality watchdog said Friday.

  • China's annual output of electric vehicles to hit 1m by 2020

    2010-10-16 16:28

    China's annual production capacity of electric motor vehicles will reach 1 million units by 2020, a senior official forecast Saturday.

  • Solar-powered robot cars on Silk Road to Expo

    2010-08-05 08:57

    Two driverless electric vehicles have begun an epic 13,000-km journey from Italy to Expo 2010 Shanghai along the Silk Road.

  • SAIC says likely to participate in GM IPO

    2010-10-15 15:08

    China's top automaker SAIC Motor Corp's does not rule out the possibility of participating in General Motors' initial public offering (IPO), Reuters reported Friday, citing the company's chairman.

  • China reviews draft law on vehicle, vessel tax

    2010-10-15 13:20

    China's top legislature will discuss the draft of country's only taxation law on vehicle and vessel. The review is scheduled from Oct 25 to 28 at a bimonthly session.

  • Auto prices expected to continue falling: NDRC

    2010-10-15 09:28

    China's top economic planner said Thursday that auto prices fell slightly in September for a third consecutive month, and were expected to continue falling in the fourth quarter.

  • Auto sales boom brings challenges

    2010-10-13 11:13

    Auto sales in China continued to expand last month, raising the forecast for annual sales to a record 17 million units this year, the China Association of Automobile Manufacturers (CAAM) said in Beijing on Oct 12.

  • Tire rules may boost industry

    2010-10-13 11:07

    New regulations on China's tiremakers could provide a boost for the industry, according to analysts.

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