Industry

Volkswagen to recall 7.544 vehicles in China

Shanghai Volkswagen will recall 7,544 vehicles due to a flawed design that could cause inoperative steering, China's consumer quality watchdog said Friday. The vehicles being...

China raises Fuel Prices with 6.1%

Retail gasoline and diesel prices were raised on Monday for the fourth time this year, but experts said the move will not have a...

China car sales up 8.26% in August

Vehicle sales in China, the world's largest car market, rose more than eight per cent year-on-year in August, following a similar rise in July,...

China’s Ma Qinghua to drive HRT F1 car at Monza

Ma Qinghua will become the first Chinese driver to compete in Formula One when he lines up for the HRT team in Friday's opening...

Toyota wants to double China sales to 1.8 million by 2015

Toyota Motor Corp aims to sell up to 1.8 million cars annually in China by 2015, up from about 900,000 cars it sold in...

New sales record for GM in China

US automaker General Motors said on Wednesday that it has set a new August sales record in China. Sales rose 7.3 percent from August...

BYD predicts Q3 results will be Bad

The Chinese battery and automaker BYD Ltd remains cautious about its third-quarter outlook and has forecast a steep profit fall of as much as...

Auto inventories in China up again in June

China's automakers have seen high automobile inventories over the past six months, prompting many to worry whether the country's car industry is facing a...

Unease over new limits to car registrations in Guangzhou

China's southern metropolis of Guangzhou began to limit car registrations through a license plate lottery and auction this week, triggering concerns over the fairness...

BYD profits down 94% in H1

Chinese vehicle maker BYD said Tuesday its net profit slumped 94 percent in the first half from the same period a year ago, on...