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  • Taxes slashed to cut emissions

    2011-06-20 17:04

    Electric vehicles will be exempt from annual taxes starting from Jan 1 next year, according to a draft regulation by China's State Council.

  • Geely head has major investment in lithium

    2011-06-20 17:04

    In a move insiders see as groundwork for new energy vehicles and batteries, the chairman and largest shareholder of automaker Geely has personally invested in the Australian lithium compound company Galaxy Resources.

  • Falling sales: A convergence of challenges

    2011-06-20 16:59

    While May's 1.4 percent drop in light vehicle sales - the first fall in 27 months - might look discouraging, the market is not overly pessimistic as it sees the rationale behind the decline.

  • Booming time for auto after-sales market

    2011-06-20 10:36

    The growing number of car owners in China is proving to be a big attraction to the after-sales market in the almost two years since sales boomed.

  • Wheels of fortune

    2011-06-17 17:09

    China's annual economic expansion of 9.7 percent, rising property prices and a strengthening yuan have combined to create a new breed of big spenders.

  • Lotus gears up to join China's sports-car pack

    2011-06-17 14:09

    Lotus Cars Ltd announced its official foray into China on Wednesday, seeing the huge potential from China's surging super sports-car market. 

  • New ship opens doors for car exports

    2011-06-17 10:34

    China's domestic carmakers now have a new option to ship their vehicles to overseas markets, after a cargo vessel capable of carrying 5,000 cars began operations. 

  • Ford opens new factory

    2011-06-17 10:20

    Ford Motor Co broke ground on Thursday on a $500 million engine factory in Southwest China as the automaker seeks to expand in the world's largest market and boost global sales by 50 percent in four years.

  • China's car maker BYD gets approval for IPO

    2011-06-17 09:22

    BYD Co Ltd, the Chinese car maker said late Thursday that it had received formal approval from China's top securities regulator for an A-share listing on the Shenzhen market.

  • Green vehicles exempted from taxation

    2011-06-16 11:12

    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 Tax Law, which will exempt electric cars, fuel-cell vehicles and hybrid vehicles from taxation.

  • Beijing Hyundai to recall nearly 10,000 cars

    2011-06-16 10:00

    Beijing Hyundai Motor started to recall 9,280 MoInca vehicles over defective engines on Wednesday, China's quality watchdog said.

  • 100,000 Mazdas to be recalled in China

    2011-06-16 09:59

    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 consumer quality watchdog said on Wednesday.

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