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Business / Latest Motoring News

Rate of auto loan approvals is vital, report says

[2016-06-06 11:15]

If an auto finance company wants to improve its business, it should speed up the process of approving loans to buyers, a recent survey finds.

Volvo exec makes move to Chinese NEV maker

[2016-06-06 11:14]

Fu Qiang, 50, has left Volvo China Sales Co as former president and CEO and is joining Zhejiang Aiche Internet Intelligent Electric Vehicle Co, which is financially backed by a major investor that has recently been luring many Chinese auto executives to its ventures.

Chinese use of ride-hailing apps rising

[2016-06-06 11:13]

Convenience is said to be important by users, but most say cost is the most decisive factor

Beijing residents brace for fee on congestion

[2016-06-06 10:57]

Chinese reports said Beijing's policymakers will follow in the footsteps of London and Singapore in their efforts to ease traffic and cut down on air pollution, though details have not been announced.

Top 10 Chinese automotive firms by revenue in 2015

[2016-06-06 07:12]

China Machinery Industry Federation and China Association of Automobile Manufacturers jointly ranked the Chinese auto companies by their revenue in 2015.

Beijing hosts smart-car contest

[2016-06-03 13:53]

Fast-tracking the development of energy-saving smart cars is the purpose behind a new innovation contest which began in Beijing on Thursday.

Parallel-import car sales speed up in China

[2016-06-03 07:51]

China's parallel-import car sales are growing at the fastest pace in the past two years, at 31.5 percent to more than 150,000 this year, according to a leading industry insider.

Volvo Cars' global sales in May grow 5.5% year-on-year

[2016-06-02 09:49]

Cars has reported a year-on-year global sales growth of 5.5 percent in May.

Tesla to deliver Model X to Chinese consumers ahead of schedule

[2016-06-02 07:02]

Tesla Motors Inc plans to deliver in advance its Model X to Chinese customers at the end of the month, instead of the first quarter of 2017.

T6 offers innovative flexibility

[2016-05-30 09:30]

Targeted at China's business executives and start-up entrepreneurs, Light Commercial Vehicles of Volkswagen Group Import Co Ltd expects its sixth generation T Series to set new standards with its flexibility, class-leading functionality, and superior reliability.

Fans celebrate joy of smart brand in Hangzhou

[2016-05-30 09:28]

Daimler AG's smart brand, which is designed for modern urban driving, has built up a devoted following among city trendsetters in China since it entered the country's market in 2009.

Shanghai GM hit with biggest recall in Chinese history

[2016-05-30 09:28]

A GM joint venture is recalling more than 2 million cars in China due to possible engine problems, the biggest recall by an automaker in the country, according to China's top quality watchdog.

Braced for rule amendments

[2016-05-30 09:28]

Chinese traction battery manufacturers are preparing for a shakeup of the sector following the release of draft proposals to industry insiders that are reported to include amendments to national standards for the production of traction batteries, which are used to power new energy vehicles.

Localization isn't always the answer

[2016-05-30 09:27]

Localization is an exciting word for those in China's auto industry. After all, it implies the importance of the Chinese market, means new job opportunities, brings specifically designed cars and generates taxes.

VW launches its crossover Beetle with a bang

[2016-05-30 09:27]

More than 300 fans of the VW Beetle gathered with actor and singer Lu Han at the True Me Beetle Day festival on May 22 in Beijing to add a crossover model to the automaker's lineup of iconic Beetles.

China's car market yet to peak, says trade association

[2016-05-30 09:26]

The Chinese car market, which sold 24.59 million vehicles last year, still has much room to grow, an industry association official said.

Chinese carmakers sticks to new-energy drive

[2016-05-27 08:24]

Despite the challenges posed by the limits of current battery technology, Chinese carmakers remain persistent in exploring ways to expand their businesses into the fast-growing new-energy vehicle market.

Lu Han excites VW Beetle Dune launch

[2016-05-24 13:31]

Volkswagen Import Beetle Day festival kicked off grandly in Beijing on Sunday, and the car maker's first ever spokesperson, entertainment superstar Lu Han, helped reveal the price of the latest Beetle Dune model.

VW breaks ground on SUV production plant

[2016-05-23 14:41]

FAW-Volkswagen breaks ground on Wednesday on a plant in Tianjin that has the capacity to produce 300,000 sport utility vehicles annually. The Tianjin plant, specializing in SUVs, will start producing two of the brand's models in the fourth quarter of 2018.

Car-sharing seen as answer to many ills

[2016-05-23 14:38]

A new player in China's car time sharing business is taking the sector toward a deposit-free mode for the first time.

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