Industry

Toyota will delay launch of new production line in China plant

Toyota Motor Corp is set to delay the launch of a new production line at its plant in Tianjin, northern China, because a decline...

China’s Wanxiang Group wins battle for battery maker A123

Bankrupt battery maker A123 Systems Inc. on Sunday said it will sell most of its assets to the U.S. arm of Chinese auto parts...

Geely denies it wants to buy Aston Martin

Geely denied reports that it is in talks to buy an interest in British sports car maker Aston Martin from its Kuwaiti owners who...

China car sales up 13% in November

Passenger-vehicle sales in China hit a record last month as a series of positive indicators boosted the market. A total of 1.419 million cars,...

Mazda sales in China down 30% in November

Japan's Mazda Motor Corp said on Monday it sold 12,187 cars in China in November, down 29.7 percent on a year earlier, as Japanese...

Ford sales in China up 56% in November

Ford China broke sales records for a third consecutive month in November. Led by strong sales of the Ford Focus (including the Ford Focus...

GM says China car sales on track for new Record

US auto giant General Motors (GM) said Thursday that its full-year sales in China, the world's biggest car market, will surpass last year's 2.55...

Chinese dealers don’t want to Sell Japanese cars anymore

Three months after a territorial dispute led rioters to vandalize Japanese cars in China, carmakers from Toyota Motor Corp to Nissan Motor are luring...

SAIC & GM to join forces in South East Asia

General Motors Co's new China chief downplayed concerns over the health of its relationship with Chinese partner SAIC Motor Corp, insisting they are growing...

China’s Youngman buys 29.9% stake in Spyker

China's Youngman Automobile on Thursday acquired a 29.9 percent stake in the Netherlands' Spyker Cars NV for 10 million euros ($12.95 million), the Beijing...