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Business / Latest Motoring News

Foreign automakers feel force of Tianjin explosions

[2015-08-17 08:04]

The massive explosions in the port of Tianjin on Wednesday night destroyed thousands of imported cars that were waiting to be distributed.

Almost ten thousand new cars ruined in Tianjin blasts

[2015-08-14 15:37]

Almost ten thousand new cars were ruined following powerful blasts in the northern Chinese port city of Tianjin, with Renault and Volkswagen suffering the most.

Besturn car brand to sponsor Helong International Half Marathon

[2015-08-13 14:19]

The Besturn car brand, from First Auto Works Group, will sponsor the Helong International Half Marathon 2015 in Helong City, Yanbian Korean Autonomous Prefecture, on Sept 5.

China to become world's largest market for new energy vehicles

[2015-08-13 10:07]

China is set to pass the US and become the world's largest market for new energy vehicles this year as supporting measures from the government start to pay off, industry insiders observe.

Subaru recalls 74,036 vehicles in China

[2015-08-13 10:00]

Japanese car maker Subaru will recall 74,036 vehicles on the Chinese mainland due to flaws with the engine control setting, China's quality watchdog announced on Wednesday.

Antitrust rules for auto sector soon

[2015-08-13 09:29]

China's anti-monopoly regulator has started the drafting of antitrust guidelines for the automobile industry, which are likely to involve issues emerging from online sales and parallel car imports.

Tesla to build more charging posts along China's eastern shore

[2015-08-12 17:31]

US electric car maker Tesla said Wednesday that it will build additional charging posts along China's eastern coast this year to increase drivers' access to charging facilities.

Auto sales hit 17-month low, discounts fail to lure buyers

[2015-08-12 08:35]

Chinese consumers bought the fewest passenger vehicles in 17 months in July, extending a slump in the world's largest auto market.

'Tougher' Chinese market is hurting overall sales: Toyota

[2015-08-10 14:05]

Toyota Motor Corp warned of tougher competition in China and raised its forecast for sales in Japan as it reported quarterly profit that beat analyst estimates.

Harsh times for dealers as sales stagnate

[2015-08-10 13:45]

Auto dealers in China have been having a hard time cutting their inventory levels amid sluggish sales in the world's largest auto market.

Authorized vendors face slump in spending

[2015-08-10 13:38]

Chinese customers are spending less money at auto dealerships mainly as a result of government policies, according to a recent JD Power survey.

BMW gives China's children a head start on safety

[2015-08-10 13:27]

2015 BMW Children's Traffic Safety Education Program - featuring simulated driving experiences, safety education courses,"4-D" rides in a safety passenger seat and a "Train the Trainer" course - began at the China Science and Technology Museum in China's capital in July.

Auto repair rules near green light

[2015-08-10 10:00]

A regulation that requires automakers to disclose their maintenance and repair technology information, written by several government departments including the Ministry of Transport and the National Development and Reform Commission, will be released later this month.

Four overseas companies announce major recalls

[2015-08-07 17:30]

The General Administration of Quality Supervision, Inspection and Quarantine announced last week that Jaguar Land Rover, Ferrari and FAW-Volkswagen recalled thousands of their imported cars in China.

Ford's sales fall in China

[2015-08-07 15:40]

US automaker Ford saw its July sales fall 6 percent year-on-year to 77,100 vehicles in China.

Tesla cuts annual sales targets after struggle to maintain steady flow of parts

[2015-08-07 09:50]

Shares in Tesla Motors Inc fell in extended trading after the electric-car manufacturer cut its full-year vehicle sales forecast.

Used car trading website gains $85 million investment

[2015-08-06 16:15]

The pre-owned car trading website renrenche.com announced Monday that it raised $85 million C round funds lead by Internet giant Tencent Holdings.

FAW-Volkswagen to recall 886 vehicles in China

[2015-08-06 13:27]

FAW-Volkswagen will recall 886 imported automobiles on the Chinese mainland due to potential safety hazards caused by the steering system, said the country's top quality supervisor.

Tesla sales revenues surge in Q2

[2015-08-06 10:53]

US electric carmaker Tesla saw its revenue and deliveries surge in the second quarter of 2015, according to its quarterly financial statement released on Thursday.

Chinese carmaker Chery sales up 17% in sluggish market

[2015-08-06 09:32]

Chinese carmaker Chery posted robust growth on Wednesday, despite a sluggish auto market performance.

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