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Tesla deliveries fall with temporary closure of China factory - China Auto News
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Tesla deliveries fall with temporary closure of China factory

Tesla's deliveries of electric vehicles fell in the second quarter compared to the previous one due mainly to a weekslong closure of its factory in China, the company said.
GM inks US$100m investment deal with Pudong to show commitment and confidence - China Auto News
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GM inks US$100m investment deal with Pudong to show commitment and confidence

General Motors and Shanghai's Pudong New Area government sign a Letter of Intent for the automaker's proposed US$100-million investment in the GM Premium Import business.
Two killed after NIO test car falls from building in Shanghai - China Auto News
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Two killed after NIO test car falls from building in Shanghai

Two people were killed after a NIO car they were testing fell from the third floor of a building on Wednesday afternoon, the Shanghai-based electric vehicle maker said on Thursday.
Auto giant BMW opens new factory in China - China Auto News
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Auto giant BMW opens new factory in China

A new factory of BMW Group's joint venture in China opened Thursday in Shenyang, northeast China's Liaoning Province, with an investment totaling 15 billion yuan (US$2.2 billion).
Tesla cuts job openings since Musk's economic warning - China Auto News
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Tesla cuts job openings since Musk's economic warning

Tesla's actions are a concerning sign of the health of the global economy as markets contract, inflation soars and recession worries run rampant.
Auto industry 'on track to recover,' experts say - China Auto News
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Auto industry 'on track to recover,' experts say

China's automotive industry is on track to recover after the pandemic and production is likely to accelerate from June, driven by stronger-than-expected stimulus packages.
China's NEV sales soar in May as production resumes - China Auto News
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China's NEV sales soar in May as production resumes

Sales of China's new energy vehicles (NEVs) logged a sharp increase in May amid the country's efforts to resume car production and stabilize supply chains, industry data showed.
Tesla Shanghai plant regains momentum after reopening - China Auto News
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Tesla Shanghai plant regains momentum after reopening

Over 40,000 vehicles have rolled off the production line in Tesla's Shanghai plant since it resumed production on April 19.
China's largest SUV maker sees sales growth in May - China Auto News
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China's largest SUV maker sees sales growth in May

Great Wall Motor (GWM), China's largest sport utility vehicle (SUV) and pickup manufacturer, posted a month-on-month rise of 48.9 percent in vehicle sales in May.
China's passenger car sales down in May: industry association - China Auto News
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China's passenger car sales down in May: industry association

Retail sales of passenger cars in China declined 17 percent in May from the same period a year ago, narrowing by 17 percentage points from the previous month.
Credit Suisse to 'outperform' on China's equities market China's two policy banks to raise 300 bln yuan to finance major projects Profits of Chinese SOEs down in first five months amid pandemic China's internet sector reports steady revenue growth in first 5 months China's home prices continue to ease in May Hear the power of magic: Harry Potter Chinese China's property investment down 4% in January-May Female Chinese neuroscientist honored with prestigious award China Broadnet becomes 4th mobile carrier offering 5G Shanghai launches campaign to lure more investment Shanghai-Hong Kong Stock Connect a channel for wealth China to use policy-based, developmental financial instruments to support major projects, expand work-relief programs in key projects China issues 3.32 trln yuan of local gov't bonds in Jan.-May China UnionPay network a close liaison for HK residents More leading overseas firms sign up for CIIE China's new telecom carrier launches 5G services China's new home prices slightly up in May Freighter fleet of China's SF Airlines expands to 72 China ships 17.74 million 5G phones in May Real estate stays flat, but offices favored Apple store workers vote to form their first US union CIIE stories wanted to share common memories Foreign financial firms to expand campus recruitment in China China's PMI bounces back to expansion territory in June Financial institutions invest big in real economy: officials China's non-manufacturing PMI back to expansion territory in June Bookings for import expo top 70 percent of exhibition space New Oriental creates national buzz despite Tencent selloff Shopping malls gradually welcome customers back Huawei boosts ecosystem on AI, data centers and talent Starbucks CEO calls for better China-US relations Shanghai sees metaverse worth US$54b by 2025 China's home prices continue to ease in April CIIE firms step up to support China's frontline workers with vital supplies H&M closes Shanghai flagship store amid weak sales China encourages renminbi settlement in new models of foreign trade Banks make it easier for seniors to access funds China capable of coping with the unexpected in meeting growth target: economic planner China International Import Expo booming beyond expectations Life science real estate investment booming iQiyi posts its first profitable quarter Interconnected national AI computing network debuts
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