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Business / Latest Motoring News

BAIC plant moves to gear up Southeast Asian markets

[2016-08-05 08:26]

BAICGroup, one of the major Chinese automakers, is taking action to develop its South and Southeast Asian markets.

Apple backing helped Didi outrun Uber

[2016-08-05 07:46]

Apple Inc's $1 billion investment in car-hailing app Didi Chuxing in May helped accelerate Uber Technologies Inc's decision to agree to a halt to a costly two-year battle with its rival in China, people close to the companies said.

Volvo Cars reports global sales growth of 9.3% in July

[2016-08-03 11:02]

Volvo Cars posted a 9.3 percent increase in retail sales globally in July ,said the company's press release on Tuesday.

Volkswagen sales halted amid forgery allegations

[2016-08-03 07:39]

South Korea has fined Volkswagen 17.8 billion won ($16 million) and suspended sales of 80 VW models, alleging that the German carmaker fabricated documents on emissions or noise level tests.

Yongche steps up drive to do battle with Didi

[2016-08-03 07:33]

Yongche Inc, which has immediately become the No 2 ride-hailing player in China after the tie-up between Didi and Uber, said on Tuesday that it will soon launch a very lucrative incentive program to gear up the competition in attracting users.

Chinese consumers show rising interest on self-driving cars: Report

[2016-08-02 09:40]

Chinese consumers showed rising interest in self-driving cars despite concerns over safety, a ten-country report showed Monday.

Rivals Didi and Uber to join forces

[2016-08-02 08:11]

The top two ride-hailing companies in China are expected to soon end the costly fight over the largest such market in the world, with Didi Chuxing agreeing to acquire the China business of its rival Uber Technologies Inc.

Truck manufacturers face overcapacity

[2016-08-02 07:55]

China's truck manufacturers are keeping their eyes on international markets and on production upgrading as ways to deal with the industry's severe overcapacity.

Didi Chuxing confirms merger with Uber China

[2016-08-01 17:10]

Didi Chuxing confirmed on Monday that it will merge with Uber China's business, putting an end to the two companies' cash-burning fight over the dominance of China’s ride-hailing market.

BYD to expand into Brazilian auto market

[2016-08-01 08:38]

BYD Co Ltd, a major private sector new-energy vehicle producer in China, is firming up plans to further expand into the Brazilian market.

In the driver's seat in Europe

[2016-08-01 08:36]

Chongqing Lifan Co Ltd continues to lead Chinese automakers in the European market, going by their performance in the first half of this year, according to a report from Russia's analytics agency AutoStat.

Bosch brings quality education to remote regions

[2016-08-01 07:49]

Expert instructors have delivered Bosch China-funded summer education classes in western China's less-developed regions to improve local teachers' proficiency. The project demonstrated the company's perseverance in improving people's livelihoods and wellbeing.

Acura launches CDX sport utility vehicle

[2016-08-01 07:49]

The first-ever China-made Acura has been launched in the domestic market. The company says luxury sport utility vehicle CDX is in line with global quality standards and comes in five variants. The suggested retail price ranges from 229,800 yuan ($34,561) to 309,800 yuan.

Lifting JV cap a risky move

[2016-08-01 07:49]

A senior executive at China's carmaker association has voiced his opposition to any hasty removal of the cap that limits the stake foreign automakers can hold in joint ventures.

Apple looks to get to core of secretive car project

[2016-08-01 07:49]

The tech world has been fascinated for months by Apple's work on its own car in a project not-so-modestly dubbed Project Titan. Years before an Apple car might hit the roads, though, the company is hitting some speed bumps.

Survey's warning to dealers: Show the customer some love

[2016-08-01 07:49]

Chinese car dealers are being urged to shift their focus onto customer service from sales goals as dealer-customer relations have plunged to their lowest point since 2009.

Congestion fees to break national gridlock

[2016-08-01 07:49]

China's Ministry of Transport is urging local authorities to consider alleviating congestion through economic means such as charging congestion fees instead of relying primarily on administrative measures.

New rules clear way for ride-hailing services

[2016-07-29 08:17]

A long-awaited regulation giving legal status to online car-hailing services in China was released by the central government on Thursday.

Toyota could lose top automaker crown

[2016-07-29 08:16]

Toyota is in danger of losing its crown as the world's biggest automaker this year, as its sales fall behind those of German rival Volkswagen, new figures showed on Thursday.

GAC motors ahead with new plant

[2016-07-29 08:15]

GAC Motor Ltd, the Chinese carmaker focusing on research and development of homegrown vehicles, launched operations at its second assembly plant on Wednesday, which aims to meet growing demand for high-end vehicles.

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