A Chinese auto association has forecast that vehicle sales will slow more than previously projected, as the economy is showing little sign of improvement.
China's ultra luxury vehicle sector continued to grow in the first half of the year despite worries of a drop in sales due to the government's frugality campaign.
As China's economy enters an era of low growth, the backbone automobile industry will face the new challenges after several years of surging market demand.
The Chinese name BMW uses translates as "precious horse" while the province of Guizhou literally means "precious state".
When the State Council recently announced new-energy vehicles are exempt from purchase taxes from Sept 1 to the end of 2017, it was another boost to the industry.
Volvo Cars recently launched its Sensus connectivity system in China, becoming the latest in a string of carmakers offering local customers access to the mobile Internet and related services.
In a first step, Volkswagen will introduce two electric cars into Chinese market, although hybrids will remain the German automaker's priority in terms of new energy vehicles.
Volvo Cars China Senior Vice-president Lars Danielson said that the newly launched Sensus Connect technology will make customers' life easy.
The government's latest policy to support alternative-fuel vehicles - a waiver of the 10 percent purchase tax - will do much to accelerate individual adoption of those cars, said analysts.
Less than two weeks after the China launch of the Qoros 3 Hatch, Qoros collected a prestigious Red Dot Award at the "Designers' Night" held at the Red Dot Design Museum in Essen.
Bentley Motors, British luxury car brand now owned by Germany's Volkswagen, Wednesday announced that its global sales increased by 23 percent.
The Chinese government announced Wednesday that new energy cars will be exempted from a 10 percent purchase tax starting from September in its bid to save energy and combat pollution.
The government is to waive the auto-purchase tax for new-energy vehicles - all electric cars, plug-in hybrids and fuel-cell vehicles – as part of expanded measures to boost sales.
China's automobile output and sales both exceeded 11 million units during the first half of 2014.
A123 Systems, a high-quality automotive battery manufacturer, has been on the mend with aid from multinational Wanxiang corporation.
Wang Yang on Tuesday met with Martin Winterkorn, chairman of the Board of Management of Volkswagen AG.
Tesla Motors Inc is being sued in China for trademark infringement in the latest example of the difficulties foreign firms face while doing business in the country.
Volkswagen Group China impressed German Chancellor Angela Merkel by making people a priority when she visited an FAW-VW plant in Chengdu, Sichuan province, on July 6.
Jochem Heizmann, member of the board of management of Volkswagen Aktiengesellschaft and president and CEO of Volkswagen Group China, signed a joint declaration on July 7.
Passenger-vehicle sales in China continued their momentum with double-digit growth numbers during the first six months of the year on the back of stable economic growth.
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