US auto parts maker Delphi expects the fast-growing Chinese market to help it double the share of its global business generated in the Asia-Pacific region over the mid-term future.
Nearly half of complaints filed about auto quality last year were on relatively new vehicles, according to a report released by China's quality watchdog on an auto news website.
China's top carmaker SAIC Motor Corp announced last week that it will suspend share trading on the Shanghai Stock Exchange from Feb 14 as its parent company SAIC Group formulates restructuring plans.
General Motors (GM) sold 268,071 cars in January, marking a year-on-year increase of 22.3 percent, according to a post dated Feb 9 on the website of GM China.
Dongfeng Peugeot Citroen Automobile Co Thursday said it set a new monthly sales record last month selling 41,927 cars.
Exec at joint venture reviews record year and outlines blueprint for the future.
General Motors will import vehicles and components worth $900 million into China under a two-year agreement recently signed with its local joint venture Shanghai GM.
A year after the recovery from the financial crisis began, the overall outlook for vehicle sales across the globe is good.JD Power expect 6 percent growth in global sales to 76.5 million units in 2011.
Having rich management experience and a mature business model no longer provide advantages for overseas car leasing companies entering the Chinese market, industry analysts say.
British luxury icons Jaguar and Land Rover registered blistering growth in 2010 as both brands set new sales records in China.
German luxury carmaker Audi AG plans to further localize production in a strategic move to meet its ambitious target - selling 1 million cars in the world's biggest auto market over the next three years.
Increasing demand, improved living standards and new policies curbing private car usage are providing a big boost to China's car rental market.