Industry

Guangzhou Auto and Chery sign R&D agreement

In a landmark move between State-owned companies, Guangzhou Automobile Group Co, China's sixth-largest carmaker by sales, and ninth-ranked Chery Automobile Co will sign an...

BYD will sell electric cars with zero down payment

China's auto maker BYD Company Limited has announced a series of financial incentives for customers, China Business News reported. Taxi operators and bus companies for...

Spy Shots: sub-brand for the FAW-Toyota joint venture in China

Chinese media reports that the FAW-Toyota joint venture will start its own sub-brand. First car will debut sometime next year and will be based...

China’s Geely exports up 190% year-on-year

Zhejiang Geely Holding Group said on Thursday that it has achieved its whole-year target for vehicle export two months early, reporting year-on-year export growth...

Toyota sales in China down 44%, hit by islands row

Toyota sales in China fell 44 percent in October from a year earlier as the Japanese auto maker remains pressured under the impact of...

China’s Sinotruk exports over 20.000 trucks

China's largest heavy-duty truck maker Sinotruk has maintained growth in its exports this year despite shrinking overseas demand due to the eurozone debt crisis,...

SAIC profit up 1.43% in in China

China's leading automaker SAIC Motor Co Ltd, said Wednesday its net profit increased 1.43 percent year-on-year to 5.35 billion yuan ($849 million) in the...

Nissan stops Infiniti exports to China

Infiniti, the luxury Japanese automaker under the auto giant Nissan Motor Co, will suspend its exports to China until January next year, Beijing Times...

Honda slashes forecast, blames dispute between China and Japan

Honda warned that its full-year results would be much weaker than forecast, as a trade dispute between Tokyo and Beijing dents sales. Investors dumped the...

BYD says profits could be down 98% year-on-year

BYD Co Ltd, China's battery and electric car maker, has warned that profits for 2012 are expected to be down as much as 98...