Auto


VW and partners to inject US$12b to produce NEVs

Volkswagen will invest more than 10 billion euros (US$12 billion) along with its partners in China to build new energy vehicles in the country, the company said yesterday....

November 17, 2017, Friday


Auto sales grow under 1% as sedan demand drops

China’s auto sales grew below 1 percent in October as demand for sedans shrank, an industry group said yesterday....

November 16, 2017, Thursday


GM sure to meet quotas from NEV sales

General Motors Co’s China joint ventures will be able to generate enough new energy vehicle sales volume to account for NEV production quotas by 2019, without the need to buy credits, GM China chief Matt ...

November 14, 2017, Tuesday


SAIC Volkswagen tops list

SAIC Volkswagen Automotive generated the highest revenue and paid the most taxes in 2016 among multinational companies in Shanghai, a conference heard yesterday. The automaker, Apple China and SAIC General ...

November 9, 2017, Thursday


New loan policies for car buyers

China yesterday announced new loan policies for car purchases, allowing buyers of new-energy vehicles to borrow a larger portion of the purchase price....

November 9, 2017, Thursday


Ford’s venture for e-cars

FORD Motor Co is launching a venture with a Chinese partner to develop electric vehicles for sale in China, the biggest market for the technology. The announcement yesterday of the US$750 million venture ...

November 9, 2017, Thursday


Tesla suffers Q3 loss in bid at high volume output

Tesla Inc’s first attempt at high-volume production isn’t going as well as it hoped — and the company has a record quarterly loss to show for it....

November 3, 2017, Friday


JV eyes lift in car sales by 2022

DONGFENG Renault Automotive Co said yesterday that it aims to increase annual sales to 400,000 units in China by 2022. “China is the world’s largest auto market and a global trendsetter in the mobility ...

November 1, 2017, Wednesday


Led by Levante, Maserati makes China top market

ITALIAN super-luxury car manufacturer Maserati has enjoyed remarkable success in China. Thanks to its rich brand heritage and the outstanding performance of its cars, Maserati has won over more than 40,000 ...

October 30, 2017, Monday


Carmaker Tesla in talks over a Shanghai plant

AMERICAN electric carmaker Tesla Inc is communicating with the Shanghai government about building a plant in the city, Ministry of Commerce spokesman Gao Feng said yesterday. He also told reporters that ...

October 27, 2017, Friday




 

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