Hu Yumo

Business Reporter
Auto

Car plate price at 87,089 yuan this month

Shanghai's car plate auction for April concluded this morning, with 204,980 people signing up for the auction of 11,916 car plates, making the success rate standing at 5.8 percent.
Auto

Foreign auto shareholding limits to be phased out

China will phase out shareholding limits for foreign investors in the automobile industry as part of its efforts to further expand opening-up.
Auto

Volkswagen SUVs drive out the door in record numbers

Volkswagen Group China announced they sold more than one million vehicles on the Chinese mainland and Hong Kong in the first quarter of this year, up 13.4 percent year on year.
Auto

Green cars popular in Shanghai, but concerns still exist

Shanghai is one of the leading cities promoting electric vehicles in China. Shanghai Daily recently hit the streets to find out people's views on "green" vehicles. 
Auto

Ford to unveil 50 new vehicles in China by 2025

US automaker hopes the new vehicles will boost sales in the world's largest auto market.
Auto

Nissan to show three electric vehicles at Beijing's auto show

Japanese automaker aims to meet growing demand for electric cars in China.
Auto

GM reports more sales in China

General Motors and its joint ventures in China delivered 352,346 vehicles in March, up 2 percent year on year, according to a statement published by GM today.
Finance

Stocks fall after Caixin service PMI dips to 4-month low

Shanghai stocks fell yesterday, dragged down by telecom and steel shares.
Finance

Shanghai shares fall as investor sentiment cautious

Bad day for insurance companies, iron and steel producers and carmakers which all declined.
Finance

Shanghai shares fall on weak growth in China's industrial production

Investors became cautious after the Caixin Manufacturing PMI dipped to a four-month low last month.
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