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  • Ford to launch first ever SUV model in China

    2010-09-17 07:46

    US automaker Ford Motor Co plans to enter China's booming sport utility vehicle (SUV) market, launching its first SUV model in the domestic market during the fourth quarter of this year, a top company executive said.

  • Legend to invest in auto rental firm

    2010-09-16 17:25

    Legend Holding Ltd announced Wednesday it would invest 1.2 billion yuan in China Auto Rental, NetEase reported Wednesday.

  • Trade-in car scheme gaining momentum on higher discounts

    2010-09-15 10:48

    China's old-for-new car scheme is gaining momentum after the authorities raised the subsidy levels at the start of this year, the Ministry of Commerce (MOC) announced Tuesday.

  • Geely to build 3 plants to make Volvos

    2010-09-14 13:50

    China's Geely and its newly acquired Volvo plan to build three assembly plants in the country to make Volvo cars, in a bid to realize the dream of selling 300,000 vehicles a year.

  • China's Geely eyes online car sales

    2010-09-13 10:50

    Geely, China's largest privately-owned car maker, said it plans to sell cars specially designed for Internet sales at Alibaba.com, China's biggest online marketplace.

  • China's auto sales jump 39.02% in January-August

    2010-09-09 16:12

    Chinese auto sales rose 39.02 percent year on year to 11.58 million units in the first eight months this year, the China Association of Automobile Manufacturers (CAAM) said Thursday.

  • New energy car subsidies likely to be expanded

    2010-09-09 14:27

    Subsidies for new energy vehicles are likely to be expanded to the manufacturing and usage sectors as the government releases preferential fiscal and taxation policies, said Xu Changming, head of information resource development at the State Information Center during an interview with China Business News on Wednesday.

  • Geely-Volvo deal a win-win

    2010-09-09 10:51

    Chinese companies should not simply be onlookers but need to scan the Geely-Volvo deal as a prime example of Chinese enterprises going overseas and becoming globalized.

  • CAAM says auto sales up to 25m by 2015

    2010-09-08 16:36

    The China Association of Automobile Manufacturers (CAAM) predicted the output and sales of cars in China will increase to 25 million by 2015.

  • Chinese hunger for car ownership: survey

    2010-09-08 10:44

    A nation-wide survey run by China Youth Daily found over half of the respondents plan to buy cars, the newspaper reported Tuesday.

  • Lack of electric car charging stations bites

    2010-09-08 10:31

    Electric vehicles may soon hit China's roads, but automakers are worried that slow development of charging stations will hinder sales of the new energy vehicles.

  • Chery to recall 3,200 vehicles in China due to flawed design

    2010-09-08 09:53

    Chery Automobile Co Ltd, the largest private automaker in China, will recall 3,200 vehicles beginning Sep 8 due to flawed design that could affect tire safety, China's quality watchdog announced Tuesday.

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