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Car plate price at US$13,517 this month

Shanghai's car plate auction for June concluded this morning, with 209,672 people signing up for the auction of 10,775 car plates, making the success rate standing at 5.1 percent.
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Volvo opens 1st US plant as CEO worries about tariff threats

Auto manufacturing giant Volvo Cars opened its first North American plant in Charleston on Wednesday, as its CEO expressed concerns over recent US tariff threats.
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Hyundai recalls over 2,300 defective cars in China

Hyundai has started to recall over 2,300 imported cars in China due to a defective door control, according to the General Administration of Customs (GAC).
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Automakers drive to promote self-driving cars at CES Asia

The manufacturers aim to ride on the huge potential of autonomous driving in China and are hoping to impress with their technologies at the show.
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New NEV subsidy policy to boost high-quality development

The newly-implemented subsidy policy for new energy vehicles will aid the industry's high-quality development and avoid low levels of blind expansion.
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Mercedes-Benz, Maserati to recall nearly 8,000 automobiles in China

German carmaker Mercedes-Benz and Italian luxury car manufacturer Maserati will recall nearly 8,000 imported automobiles in China, the General Administration of Customs said.
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China's auto sales climb 9.6 percent to nearly 2.3 million vehicles in May from a year ago

The growth is attributed to rising consumer demand and a strong domestic macro-economic environment.
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Mao Jingbo becomes head of Lincoln Asia-Pacific and China

Mao Jingbo has been appointed president of Lincoln Asia-Pacific and China to lead Lincoln's business operations, according to Lincoln Motor Company.
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Porsche announces price cuts following import tariff reduction

Porsche China Motors Limited announced on Wednesday they will cut car prices following the country's decision to reduce import tariffs on vehicles.
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Tesla reveals plans to build cars in Shanghai

Tesla on Tuesday revealed to shareholders that it is working with officials in China to build electric cars and battery packs in Shanghai.
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