Industry

China expects 50 million cars a year by 2021

Despite a slowdown this year, the Chinese auto market may triple in size over the next 10 years, said a senior member of an...

GM’s China sales up 10% in June

General Motors Co, the biggest overseas automaker in China, said its June sales rose in the country, reversing a two-month decline, as customers bought...

Audi says China, HK H1 sales up 28%

Volkswagen AG unit Audi AG said on Wednesday that it sold 140,699 cars in the Chinese mainland and Hong Kong in the first half...

Daimler to invest 2 bln euros to expand its Chinese joint venture

German auto giant Daimler AG has signed an agreement with its Chinese partner Beijing Auto to invest 2 billion euros into their...

Two new Volkswagen plants Approved in China

German carmaker Volkswagen recently announced that its two new plants have been approved by the National Development and Reform Commission, the country's top economic...

New Skoda ‘Rapid’ for China, India

Skoda is working on a new cheap compact sedan for big developing markets such as China and India. Name is likely to be 'Rapid'....

BYD’s Q1 profit down 84%

Chinese battery and carmaker BYD Co Ltd reported an 84 percent profit decline in the first quarter in a statement filed with the Hong...

Spy Shots: Geely GLEagle GX2 testing in Taiwan

Geely seems planning to export cars to the rebellious island-province  of Taiwan. A camouflaged Geely GLEagle GX2 was seen testing in Taipei. There seems...

Nissan to expand capacity in China, might produce Infiniti

Nissan Motor Co plans to boost production capacity in China by as much as 600,000 vehicles over the next six years as Japan's second-largest...

Chinese Premier Wen Jiabao launches MG6 in UK

The Chinese Premier Wen Jiabao is on a visit to the UK. At the MG car plant, in the Longbridge area of Birmingham, now...