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Most Recently Top 5
Beiben wants to sell 15,000 heavy-duty trucks in 2020 [2019-12-15]

BAOTOU, Inner Mongolia – Beiben Heavy-Duty Truck, which fell out of the top 10 ranking in heavy-duty truck sales this year, wants to sell 15,000 heavy-duty trucks in 2020.

FAW Jiefang wants to sell 300,000 medium and heavy-duty trucks in 2020 [2019-12-15]

NANCHANG, Jiangxi – That was the target announced at the 2020 Business Conference held on December 12 here by China’

Leapmotor teases T03, set for April 2020 launch [2019-12-15]

HANGZHOU – Chinese smart EV startup Leapmotor teased several design sketches of its upcoming T03 on December 13.

CAAM: China auto sales to fall 2 percent in 2020 to 25.31 million units [2019-12-13]

CHANGSHA – China’s auto sales will fall for the third consecutive year in 2020 with annual sales expected to drop 2 percent from 2019 to about 25.

New records for auto, NEV and heavy-duty truck sales, just in different directions [2019-12-12]

November auto sales are out. As was expected, they fell for the 17th consecutive month and NEV sales fell for the fifth consecutive month (see China auto sales down 3.

Autonomous vehicles driving down DiDi valuation [2019-05-20]

In one of the largest tech IPOs in U.S. history, ride-hailing giant Uber went public on NYSE on May 10, six weeks after rival Lyft had done the same thing on NASDAQ.

Auto Shanghai 2019: cloudy with a chance of sunshine [2019-04-15]

Auto Shanghai 2019, or the 18th Shanghai International Automobile Industry Exhibition, is just around the corner.

China is the new automotive powerhouse and Volkswagen is turning into a new "Chinese" automaker [2019-02-18]

HEFEI, Anhui – Dr. Herbert Diess is really making his presence felt in China: the CEO of Volkswagen Group, the perennial leading foreign automaker in China, was in the country yet again in mid-February, right after the Chinese Spring Festival holidays.

Winter wind in the PV market (Part II) [2018-12-03]

Chen Binbo is former executive vice president of Dongfeng-Honda where he held the role from 2009-2017.

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New records for auto, NEV and heavy-duty truck sales, just in different directions [2019-12-12]

November auto sales are out. As was expected, they fell for the 17th consecutive month and NEV sales fell for the fifth consecutive month (see China auto sales down 3.

China's "NEV Roadmap 2035" is both ambitious and conservative [2019-12-05]

The draft version of the much anticipated New Energy Vehicle Industry Development Plan (2021-2035), which provides a roadmap for China’

Is Spring in the air for NEVs? [2019-11-27]

The answer is yes, according to NIO Founder, Chairman & CEO William Li and Volkswagen Group China CEO Dr. Stephan Wö

Global electrification charges into "Mach speed" as China NEV sales run out of juice [2019-11-19]

Another “Tesla killer” has just arrived. Ford’s unveiling of the all-new all-electric Mustang Mach-E on November 17 prior to the start of this year’

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Polestar begins second prototype production phase for the Polestar 2 in Luqiao [2019-12-05]

LUQIAO, Zhejiang – Polestar, the electric performance brand jointly owned by Volvo Car Group and Geely Holding Group, said in a statement on December 2 that it has begun tooling trial production of the Polestar 2 at its Luqiao, Zhejiang Province factory in preparation for customer deliveries in 2020.

WEY to America: GWM's premium SUV brand seeks U.S. entry in 2023, global sales of 300,000 vehicles by 2025 [2019-11-25]

GUANGZHOU – After three years and more than 300,000 units sold, Great Wall Motor Chairman Wei Jianjun has set new ambitious targets for the premium SUV brand named after himself: enter North America in 2023 and other global markets thereafter, and achieve annual sales of 300,000 vehicle globally by 2025.

Foton wants to sell 200,000 new energy CVs in 2025 in new strategy to be top brand in segment [2019-11-18]

BEIJING – Beiqi Foton Motor Co., Ltd. wants to sell 200,000 new energy commercial vehicles in 2025 and become the top brand among Chinese new energy commercial vehicles, the company announced at a press conference at its headquarters in Beijing on November 16.

Volkswagen in discussions with Ford on MEB platform in China, says CEO Diess [2019-11-18]

WOLFSBURG – Volkswagen Group has begun discussions with Ford Motor Co. about the possibility of sharing the German automaker’

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GWM and BMW put the Spotlight on new 50:50 JV [2019-12-02]

ZHANGJIAGANG, Jiangsu – The spotlight was in Zhangjiagang, Jiangsu Province today, literally and figuratively, as Great Wall Motor and BMW Group broke ground for their joint venture –

Chinese automakers increasing footprints in the Indian market [2019-11-23]

NEW DELHI – Contracting auto sales in their domestic market are forcing some Chinese automakers to expand into a promising market next door: India.

New Evergrande Vehicle: Hui Ka Yan's grand auto ambitions [2019-11-14]

UPDATE: Hui Ka Yan announced at the Evergrande New Energy Auto Global Strategic Partners Summit on November 12 in Guangzhou, where CEOs and senior executives of 206 automotive companies attended, that it plans to invest ¥45 billion over the next three years and build 10 production bases globally each with annual output capacity of 500,000 units aiming to sell 5 million vehicles annually within 10 years.

Industry Bluebook: shared and driverless mobility to dent future PV sales and parc [2019-11-07]

BEIJING – Shared mobility and driverless cars are expected to have significant impact on future passenger vehicle (PV) sales and parc in China, denting potential in the two categories by as much as 32.

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BYTON's very first M-Byte [2019-10-24]

NANJING – The very first BYTON M-Byte production prototype (PP01) successfully rolled off the production line at the Chinese smart EV startup’

This is BEIJING: BAIC Group to invest ¥20 billion in new brand over 5 years [2019-10-16]

BEIJING – Welcome to BEIJING. China’s capital city has now become the first city with a namesake automotive brand after Beijing Automotive Group Co., Ltd.

Happy 70th Birthday China: military parade gets "assist" from Chinese auto brands [2019-10-09]

BEIJING – The spectacular grand rally that included a military parade and evening gala with fireworks at the Tian’

BYTON, Red Flag and WEY at IAA 2019 [2019-09-12]
BYTON, WEY eye European market entry in 2021

FRANKFURT – A Chinese smart EV startup, an iconic brand from the “cradle” of China’

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Leapmotor teases T03, set for April 2020 launch [2019-12-15]

HANGZHOU – Chinese smart EV startup Leapmotor teased several design sketches of its upcoming T03 on December 13.

Charge your Xpeng at a NIO charging station, and vice versa [2019-12-11]

GUANGZHOU – As the saying goes, if you can’t beat them, join them.   That’s what happened with Xpeng Motors and NIO on December 11.

Geely and Quanergy form partnership for smart city and AV initiatives [2019-12-11]

SUNNYVALE, California – Quanergy Systems, Inc., a leading provider of LiDAR (Light Detection and Ranging) sensors and smart sensing solutions, announced that the company was selected as a LiDAR partner for Geely Automotive Group, China’

Japanese trading company Marubeni Corp. become partner in BYTON's Series C financing [2019-12-05]

TOKYO – Japanese trading company Marubeni Corp. has become a partner in BYTON’s ongoing Series C financing round, CEO Dr. Daniel Kirchert said in his social media posts on both WeChat and LinkedIn.

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New BAOJUN's first NEV is from the future [2019-12-09]

After the RS-5, RM-5, RC-6 and RS-3, it’s New Baojun’s first new energy vehicle. The rendering of the yet-to-be-named two-door micro NEV was officially unveiled on December 9 by the JV independent brand from SAIC-GM-Wuling.

Three months, nearly 30,000 units sold: Volkswagen's JETTA brand gets off to a flying start [2019-12-12]

CHENGDU – JETTA, Volkswagen’s sub-brand dedicated exclusively for the Chinese market, has sold nearly 30,000 vehicles since its official market entry in early September, Volkswagen said in a statement on December 5.

Chevrolet goes electric in China with the Menlo EV, introduces Blazer flagship SUV [2019-11-11]

HEFEI, Anhui – Chevrolet has finally gone electric in China, debuting the brand’s first fully-electric model, the Menlo EV, for the first time globally at the 2019 Chevrolet Gala Night held here on November 8.

New Volkswagen: a global brand but Chinese just as much [2019-10-31]

GUANGZHOU – That’s the claim from Jochen Sengpiehl, chief marketing officer of Volkswagen Passenger Cars Brand while speaking at a workshop on the DNA of the new Volkswagen brand design and logo unveiled in Guangzhou on October 31 at the Welcome to New Volkswagen event celebrating the brand’

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Beiben wants to sell 15,000 heavy-duty trucks in 2020 [2019-12-15]

BAOTOU, Inner Mongolia – Beiben Heavy-Duty Truck, which fell out of the top 10 ranking in heavy-duty truck sales this year, wants to sell 15,000 heavy-duty trucks in 2020.

FAW Jiefang wants to sell 300,000 medium and heavy-duty trucks in 2020 [2019-12-15]

NANCHANG, Jiangxi – That was the target announced at the 2020 Business Conference held on December 12 here by China’

Weichai targets sales of 1 million engines in 2020, annual revenues of ¥1 trillion by 2030 [2019-12-09]

XI’AN, Shaanxi – Weichai Power, China’s leading diesel engine manufacturer, wants to sell one million engines in 2020 and achieve annual revenues of ¥1 trillion by 2030.

Shaanxi Auto wants to sell 300,000 trucks a year by 2025 [2019-12-09]

XI’AN, Shaanxi – Shaanxi Auto has set a strategic target to sell 300,000 heavy-duty trucks a year by 2025, according to Tan Xuguang, chairman of Shaanxi Auto as well as chairmen of parent company Shandong Heavy Industry Group (SHIG) and Weichai Power.

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Did GM downplay debut of SUV to avoid Trump's wrath? [2016-10-31]

DETROIT -- If you're wondering why you haven't read a review of the Buick Envision SUV yet, blame Donald Trump.

Will Qoros gain some momentum after price cut? [2016-03-14]

Under sales pressure, Qoros announced a maximum ¥26,000 ($3,976) price cut on its Qoros 3 model on February 22.

Volkswagen bankrupt? Not unlikely [2016-03-07]

In the ranking of global sales in 2015, Volkswagen came in second, the same as in 2014. Volkswagen senior executives think the outcome was satisfactory, given the slowed growth of the world’

JV brands benefit from policy incentive [2016-01-18]

China’s policy of reducing sales tax for small-displacement vehicles is benefiting joint venture brands, according to a signed article published in Qingnian Cankao Bao or Elite Reference quoting statistics released by China Association of Automobile Manufacturers (CAAM).

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China sets 25 percent NEV and 30 percent ICV share targets for 2025 in new 15-year plan [2019-12-04]

BEIJING – China wants new energy vehicles (NEV) to account for about a quarter of new vehicle sales by 2025 and increase the share of intelligent connected vehicles (ICV) to 30 percent by then, according to a draft proposal of an industry plan released by the Ministry of Industry and Information Technology (MIIT) on December 3.

China to allow CAFC+NEV credit transfer among JVs [2019-10-17]

BEIJING – Foreign-invested vehicle joint ventures will be able to transfer CAFC (Corporate Average Fuel Consumption) and NEV (New Energy Vehicle) credits among themselves, in an amendment that will be made to the Parallel Administrative Measures for Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) Credits, which is currently under revision, according to a decision announced at an executive meeting of the State Council chaired by Chinese Premier Li Keqiang on October 16.

Vehicle purchase restrictions to be relaxed in new measures to boost consumption, but details lacking [2019-08-29]

BEIJING – China is exploring ways to gradually loosen or remove vehicle purchase restrictions in areas where such restrictions are in place and support the purchase of new energy vehicles in areas where relevant conditions exist, part of a series of measures announced by the State Council on August 27 to beef up domestic consumption.

CAFC+NEV "dual credit" scheme "adjusted:" new ratios set for 2021-2023 [2019-07-10]

BEIJING – China’s “dual credit” scheme for passenger vehicles is getting a makeover.

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SAIC Motor's MG expands partnership with Liverpool FC to global markets [2019-07-16]

SHANGHAI – SAIC Motor’s MG brand has extended its existing long-term regional relationship with Liverpool FC to incorporate global markets, according to July 15 statement from one of the most historic football clubs in the world.

Jebsen Motors remains as Porsche China's top dealership for fourth consecutive year [2019-06-14]

SHANGHAI – Jebsen Motors has taken “pole position” in heading Porsche China’s Dealership Rankings for a fourth consecutive year.

Cadillac in the house: Luxury brand opens new flagship "space" in Shanghai [2019-03-29]

SHANGHAI – It’s a contemporary museum. It’s a cultural center. And it’s a vehicle delivery center.

Creating reality: now part of Accenture, Mackevision to continue to support Chinese brands' efforts to go high-end [2018-03-19]

BEIJING – Mackevision, a leading global producer of 3D-enabled visualization and CGI services mainly for automotive clients, will continue to support Chinese brands’

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Daimler adds China's Farasis and CATL as key battery suppliers for electric cars and trucks [2019-09-27]

STUTTGART – Daimler, within a span of about a week, has added two key Chinese power battery suppliers –

Xi'an launches 200 electric taxis, clean energy to replace gas by 2019 [2019-08-08]

XI’AN, Shaanxi – Xi’an, the capital city of China’s Shaanxi Province and one of the oldest cities in China, announced on August 8 the launch of 200 new electric taxis as part of its green transportation program, which aims to introduce 6,461 electric taxis by the end of 2019.

BYD and Toyota to jointly develop Toyota-branded EVs for Chinese market [2019-07-24]

TOYOTA CITY, Japan – BYD Co., Ltd. and Toyota Motor Corp. announced on July 19 that they have signed an agreement for the joint development of battery electric vehicles.

China PV CAFC reaches 5.8L/100 km in 2018, more than 4 million NEV credits generated [2019-07-10]

BEIJING – The Ministry of Industry and Information Technology (MIIT), Ministry of Commerce, General Administration of Customs and State Administration for Market Regulation jointly released results of 2018 Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) credits for 112 domestic passenger vehicle manufacturers and 29 passenger vehicle importers on July 2.

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Chinese cars could shake up European sales [2016-12-05]

A decade ago the Chinese made a big push to try and establish themselves in Europe. It was a disaster.

Auto Market Update: Trump Victory Puts Uncertainty In Automakers [2016-11-10]

The 2016 election has just ended and a new president has been elected. With a new leader comes changes and while others look forward to a new administration, some are uncertain about it.

A Chinese billionaire is staking his legacy — and thousands of American jobs — on this factory in Ohio [2016-11-02]

MORAINE, OHIO — Shortly after his private plane landed in Ohio on a recent morning, the Chinese billionaire set off down Interstate 75 to inspect the factory on which he has staked his legacy and the future of this gritty patch of the American Rust Belt.

They're coming to America -- someday [2016-10-17]
U.S. market still tempts the world's automakers and wannabes

The U.S. auto establishment has scarcely heard of Bob Smith and his Alkane Dominator, a beefy military truck he plans to assemble in South Carolina using a Brazilian army vehicle platform and U.S. components.

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BMW Group signs €540 million lithium supply contract with China's Ganfeng [2019-12-12]

MUNICH – BMW Group said in a statement on December 11 that it has signed a supply contract for the lithium needed as a key raw material for battery cells from China’

BlackBerry teams up with MARELLI China on digital cockpits, to power WM Motor's next gen vehicles [2019-12-11]

SHANGHAI – BlackBerry Ltd. and MARELLI Electronics China, a global Tier-1 automotive supplier, announced on December 10 a strategic collaboration to integrate QNX® Platform for Digital Cockpits in MARELLI’

Bosch breaks ground for China fuel cell center in Wuxi [2019-12-04]

WUXI, Jiangsu – Bosch broke ground on a fuel cell center in Wuxi, Jiangsu Province on November 29, paving way for technological breakthroughs in their application in both commercial vehicles and passenger cars for the Chinese and global markets.

HASCO starts production of new tech center [2019-12-02]

SHANGHAI – Huayu Automotive Systems Co., Ltd. (HASCO), one of China’s biggest automotive suppliers and a subsidiary of SAIC Motor, China’

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CAAM: China auto sales to fall 2 percent in 2020 to 25.31 million units [2019-12-13]

CHANGSHA – China’s auto sales will fall for the third consecutive year in 2020 with annual sales expected to drop 2 percent from 2019 to about 25.

China auto sales down 3.6 percent in November, NEV sales fall for 5th consecutive month [2019-12-10]

BEIJING – China’s auto sales fell for the 17th consecutive month in November, and new energy vehicle sales dropped for the fifth consecutive month, according to data released by China Association of Automobile Manufacturers (CAAM) on December 10.

China auto sales down 4 percent in October, NEV sales fall for 4th consecutive month [2019-11-11]

BEIJING – China auto sales fell for the 16th consecutive month in October while new energy vehicle sales dropped for the fourth consecutive month, according to data released by China Association of Automobile Manufacturers (CAAM) on November 11.

China auto sales down 5.2 percent in September, NEV sales plunge 34.2 percent [2019-10-15]

BEIJING – China auto sales fell for the 15th consecutive month in September while new energy vehicle sales dropped for the third consecutive month, according to data released by China Association of Automobile Manufacturers (CAAM) on October 14.

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China Grand Auto solidifies position as top Chinese dealer in latest CADA rankings [2018-05-29]

BEIJING – China Grand Auto Service Co., Ltd. solidified its position as China’s leading automobile dealer group with sales revenue of more than ¥160 billion and vehicle sales of over 1.

GAC Motor to scout dealers at NADA 2018 in preparation for N.A. entry [2018-03-23]

LAS VEGAS – GAC Motor, the Chinese brand passenger vehicle arm of GAC Group, China’s sixth largest automaker, will be scouting for dealers when it attends for the first time the annual National Automobile Dealers Association Show (NADA Show) to be held on March 23-25 at the Las Vegas Convention Center.

Audi Dealer Association sends letter of discontent to Audi over senior exec comments [2017-03-22]

BEIJING – On March 20, five days after Audi senior executives told the Chinese media in an interview that Audi would not force dealers to maintain relationship against their will if trust is lost, the CADA Audi Dealer Association expressed its discontent over the comments in a heated letter requesting clarification from Audi.

Luxury car dealers and OEMs discuss strained relationship [2016-02-16]

Luxury car dealers and OEMs discussed their strained relationship at a close-door session during the 2015 China Automobile Dealers Association (CADA) annual meeting held in early November in Xiamen.

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HELLA appoints new executive board members for business activities in China [2019-12-11]

SHANGHAI – Lighting and electronics supplier HELLA said in a statement on December 10 that it has appointed new heads for its business activities in China.

WEY Head of Sales Liu Yan appointed deputy secretary of CAAM [2019-12-09]

BEIJING – Liu Yan, vice president of Great Wall Motor and general manager in charge of sales & marketing at the company’

Gerard van Keulen appointed general manager of Scania China [2019-12-02]

SHANGHAI – Gerard van Keulen has been appointed general manager of Scania (China) Sales Co., Ltd.

Michael Dong appointed president of Volvo Trucks China [2019-11-19]

BEIJING – Volvo Trucks China said in a statement on November 18 that it has appointed Michael Dong as its new president effective immediately.

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A new StarRides is born in Hangzhou: Geely and Daimler launches premium ride-hailing service [2019-12-04]

HANGZHOU – Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group, officially launched the premium ride-hailing provider StarRides in Hangzhou on December 3.

The death of Chang'an PSA [2019-12-02]

CHONGQING – Chang’an PSA will soon be history. Just a little over eight years in existence as a joint venture between Chang’

Spotlight is on: Great Wall Motor's JV with BMW gets approval, SOP expected in 2022 [2019-11-27]

UPDATE: Great Wall Motor and BWM Group will officially inaugurate Spotlight Automotive at an event on November 29 in Zhangjiagang, Jiangsu Province.

ZF and Wolong Electric to form JV to produce electric motors and components [2019-11-20]

SHANGHAI – ZF Friedrichshafen AG and China’s Wolong Electric Group Co., Ltd signed an agreement here on November 18 to establish a joint venture that will produce components and electric motors for automotive applications, stepping up their existing cooperation.

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Volkswagen Financial Services issue largest ABS in RMB to date: more than ¥6 billion in receivables volume [2019-11-18]

BRAUNSCHWEIG – Volkswagen Financial Services said in a statement on November 14 that it has successfully placed its highest-volume asset-backed securities (ABS) transaction in Chinese RMB, with a receivables volume of over ¥6 billion.

Geely's Cao Cao unit is now China's leading ride-hailing operator with more than 4.75 million monthly active users [2019-11-07]

HANGZHOU – Cao Cao Technology, the ride-hailing taxi operator under Geely Holding Group, said in a statement on November 7 that it has emerged as the country’

ERGO and Great Wall Motor sign JV for mobility insurance business in China [2019-10-29]

BAODING, Hebei – ERGO Group, one of the major insurance companies in Germany and Europe, signed an auto mobility joint venture MOU with Great Wall Motor Co., Ltd.

PlatON develops blockchain-based residual value platform for Mercedes-Benz's used vehicles in China [2019-08-29]

BEIJING – PlatON, the pioneering global privacy-preserving computing network, said in a statement on August 29 that it has developed a bespoke blockchain-based “

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China Auto Electronics to go private at S$0.16 a share [2016-10-24]

CHINA automotive electrical and electronics distribution system manufacturer China Auto Electronics has become the latest firm to announce its intention to delist from the Singapore Exchange.

China stocks jump again as emergency measures bite [2015-07-12]

By Samuel Shen and Engen Tham Shanghai (Reuters) - Chinese stocks rose strongly for a second day on Friday, buoyed by a barrage of government support measures, but worries persist about the long-term impact that four weeks of market turmoil may have on the world's second-largest economy.

Chen Hong: SAIC should reflect on how to develop independent brands [2015-06-23]

SAIC’s sales decreased by 4.51 percent in May. The total sales of its independent brands Roewe and MG plummeted 34 percent from January to May, according to huiche.

China auto sector sets for a 2011 slowdown [2011-02-14]

— by Sarah Turner SYDNEY (MarketWatch) — Chinese auto makers are expected to report strong earnings in 2010, but while analysts are expecting some deceleration in 2011, they are divided on the extent of the anticipated slowdown.

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Ola K?llenius' balancing act: China, investment, efficiency, brand and C.A.S.E. [2019-12-02]

GUANGZHOU – Exactly six months into his new job as Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG, Ola Kä

Porsche China has received about 120-130 firm orders of the Taycan, expects another record year for sales [2019-11-19]

SHANGHAI – Porsche has received about 120-130 orders in China for the Taycan, meaning these owners-to-be have fully signed the purchase order and specified configurations for their cars, according to Dr. -Ing.

HELLA lighting's success factor: global tech leadership with local autonomy [2019-11-14]
Exclusive interview with Dr. Frank Huber, member of the HELLA Management Board responsible for the global lighting business

FRANKFURT – For HELLA’s lighting business, it’s important to be a technology leader covering global trends but also having a very dedicated and specific local for local approach serving local customer requirements that may not be purely focused on functionality, according to Dr. Frank Huber, member of the management board and managing director of the Lighting business division at HELLA.

VAMA continues to grow in China despite market decline thanks to "strength" in high quality steel [2019-09-25]
- Exclusive interview with Jurgen Cobbaut, CMO of VAMA

CHANGSHA, Hunan – China’s auto market may be in the midst of its worst downturn ever, but Valin ArcelorMittal Automotive Steel Co., Ltd.

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Shen Jinjun tries to boost industry morale at annual CADA forum: there are always more solutions than problems [2019-11-18]

XIAMEN, Fujian – Shen Jinjun always has encouraging words to say to boost industry morale every time China Automobile Dealers Association (CADA) holds its annual convention and expo.

There are no superheroes: executives debate future of mobility and self-driving at CEIBS auto forum [2019-11-01]

SHANGHAI – There are no superheroes when the industry is confronting entirely new challenges and you can’

China's annual auto sales to peak at 33 million units, says State Council DRC's Wang Qing [2019-09-04]

TIANJIN – China’s annual output and sales of automobiles will reach a peak of 33 million units by 2028, according to Wang Qing, deputy director-general of the Institute of Market Economy at the State Council Development Research Center (DRC).

IFCAID: China sticking with BEV-focused NEV technology route, but debate goes on [2019-09-04]

TIANJIIN – China will continue to stick with the battery electric vehicle (BEV) technology route as the primary driver of the country’

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GAC Motor launches brand and GS8 SUV in Russia [2019-12-11]

MOSCOW – GAC Motor, subsidiary of GAC Group, China’s fifth largest automaker by sales, launched its brand as well as the GS8 SUV into the Russian market at an event held at the Museum of Moscow on December 9.

MG debuts electric ZS SUV in India [2019-12-10]

NEW DELHI – MG Motor India has expanded its model lineup with the first electric variant, the ZS EV, with commercial launch slated for January 2020.

BYD to supply 200 electric vans to Jakarta and Bali [2019-12-10]

JAKARTA – BYD announced on December 9 the signing of an order for 200 T3 pure electric vans from PT Blue Bird Tbk, the biggest taxi operator in Indonesia.

BYD lands Europe's largest ever electric bus order: 259 units to begin service by the end of 2020 [2019-12-09]

DEVENTER, the Netherlands – BYD has secured the largest ever single order for electric buses in Europe in a deal with Keolis Nederland BV, the Dutch subsidiary of global public transport provider, Keolis.

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ABB acquires majority stake in Chinese EV charging provider Chargedot [2019-10-30]

SHANGHAI – ABB, a technology leader that drives the digital transformation of industries, said in a statement on October 28 that it will acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd.

BAIC Group takes 5 percent stake in Daimler, ups total Chinese ownership in German automaker to nearly 15 percent [2019-07-23]

STUTTGART – Beijing Automotive Group Co., Ltd. (BAIC Group), China’s fourth largest automaker by sales, has acquired an equity interest of approximately 5 percent in long-time partner Daimler AG, both companies announced on July 23.

AIWAYS acquires 50 percent stake in Jiangling Holding for nearly ¥1.75 billion [2019-06-05]

CHONGQING – Chinese smart EV startup AIWAYS has acquired a 50 percent stake in Jiangling Holding Co., Ltd.

Evergrande-owned NEVS acquires in-wheel motor specialist Protean Electric [2019-06-04]

LONDON – Less than five months after acquiring a 51 percent stake in Sino-Swedish smart EV startup National Electric Vehicles Sweden (NEVS), Chinese real-estate and health giant Evergrande has made another key move in its strategy to become a major player in the global EV market: acquisition of British automotive tech company Protean Electric.

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R&D
Volkswagen's new autonomous driving unit VWAT to focus on L4 driving systems and set up China subsidiary in 2021 [2019-10-29]

MUNICH/WOLFSBURG – Volkswagen Group announced on October 28 the establishment Volkswagen Autonomy GmbH (VWAT GmbH), which bundles Group activities for the development of self-driving systems from Level 4 and above.

Geely and Volvo to merge combustion engine operations [2019-10-07]

HANGZHOU/GOTHENBURG – Geely Holding Group and its wholly owned subsidiary Volvo Car Group (Volvo) intend to merge their existing combustion engine operations in order to establish a world leading business unit that will seek to develop next generation combustion engine and hybrid systems, the companies said in statements on October 7.

Hyundai opens new innovation office in China, completes global innovation network [2019-09-26]

BEIJING – Hyundai Motor Group has completed its creation of a global innovation network with the establishment of Hyundai CRADLE Beijing, the Korean automaker said in a statement on September 23.

DiDi to launch robo-taxi services for the public in Jiading, Shanghai [2019-09-04]

SHANGHAI – Didi Chuxing (DiDi), the world’s leading mobile transportation platform, announced on August 30 that it plans to launch robo-taxi services for the general public in Jiading District, Shanghai.

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The death of the 50:50 JV equity rule and the traditional fuel vehicle? [2017-09-22]

The Ministry of Commerce (MOFCOM) sort of responded to a recent Bloomberg report that China is considering letting foreign carmakers set up wholly-owned ventures to produce electric vehicles inside China’

Volvo launches production of new fuel-efficient engines [2013-05-27]

By WardAuto Staff Volvo begins production of its new 4-cylinder gas and diesel engines that will play an integral part in the auto maker’

New engine standard released to reduce vehicle emissions [2013-02-28]

BEIJING – The State Council Information Office of the People’s Republic of China (the State Council) released Views on Energy Saving of Internal Combustion Engine on February 17.

China's vehicle engine sales up 5.05 percent through August [2012-10-04]

BEIJING – China produced and sold 11,540,461 and 11,599,525 vehicle engines in the first eight months, an increase of 6.

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China Auto Boom Is Warning to World Miners Facing Scrap Age [2016-09-30]

Nearly 150 million passenger cars bought since start of 2005 Top European auto recycler taken over by Chiho-Tiande Group China is on the cusp of a scrap wave that will return metal from ageing cars and expired fridges to the supply chain in a growing threat to mining companies, according to Chiho-Tiande Group Ltd.

China's steel makers invest in auto industry [2010-09-21]

On August 20, Capital Steel Co., Ltd. (Capital Steel) announced that it would invest all the shares it holds in Beijing Automobile Investment (BAI) plus some fund for 18.31 percent equity stake in the planned Beijing Automobile Co., Ltd. to become the new company's second biggest shareholder.

Lighter steel up, but more needed [2009-06-11]

LIVONIA, MI - Thanks to increased use of advanced high-strength steel, the average weight per vehicle worldwide declined by 163 pounds on 2009 models.

China steel-mill merger signals bid for more U.S. plant sourcing [2009-02-05]

A three-company merger in China's 1,000-strong industry signals increased competition for orders from North American automakers, according to experts at the American Iron and Steel Institute.

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SSE approves Didi Chuxing's ¥10 billion shelf offering of supply chain finance ABS [2018-03-26]

BEIJING – Didi Chuxing’s (DiDi) program for a ¥10 billion shelf offering of a supply chain finance asset-backed security product received a no-objection letter from the Shanghai Stock Exchange (SSE) on March 19, making it the first asset-backed securities supporting the new transportation supply chain finance economy.

Groupe PSA becomes first foreign carmaker to launch a smartphone app for car loans in China [2018-01-30]

WUHAN – Groupe PSA has become the first foreign carmaker to launch a smartphone app for car loans in China, the French automaker said in a statement on January 25.

Hyundai Motor, BAIC set up China auto financing venture [2016-09-26]

Hyundai Motor Group said on Tuesday it had established an auto financing venture in China with Chinese state automaker BAIC Group, that will help it take advantage of growing interest in car loans in a market where most consumers still pay with cash.

Volkswagen Financial Services completes its third Chinese Auto ABS [2016-01-15]

BRAUNSCHWEIG – Volkswagen Financial Services completed its third Chinese Auto ABS (Asset-Backed Security) transaction with a volume of around ¥3 billion ($484 million), according to a company news release on January 12.

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Chinese tire producer Sentury to market PCR range in India [2019-03-18]

NEW DELHI – Qingdao Sentury Tire Co., Ltd. is targeting evolving potential in the Indian tire market after the Chinese tire producer recently acquired BIS certification for selling tires in India.

Chinese tire brands expanding in Africa [2016-08-01]

JOHANNESBURG – The rapid growth of middle class in African countries has pushed up demand for automobiles and tires.

Most tire manufacturers will not survive 2016 [2016-02-29]

In a recent survey conducted by tireworld.com.cn regarding the wellbeing of domestic tire manufacturers, nearly two-thirds of the respondents believe that most tire manufacturers will not survive 2016, according to results released on February 2.

Chinese tire makers target Asian, African & Middle Eastern markets [2015-10-18]

  By Satnam Singh, CBU/CAR India Correspondent CHENNAI -- Chinese tire producers are diverting shipments to other overseas markets after US Commerce Department imposed anti-dumping duty on tires made in China.

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China's dependency on foreign oil nears 60% in 2014 [2015-01-29]

BEIJING - China's dependency on imported oil and natural gas grew to about 60 percent and 32.2 percent respectively in 2014, according to a report released by a research team with the country's largest oil and gas producer on Wednesday.

Data show China passing US as biggest oil importer as economic growth, car sales drive demand [2013-10-11]

BEIJING — China has achieved another world-beating status its leaders don’t want: Biggest oil importer.

China likely to cut refined oil prices [2013-09-28]

BEIJING -- Analysts believe China may cut the price of refined oil on Friday in response to a drop in global crude oil prices.

China announces pricing policy for greener fuel [2013-09-23]

BEIJING - Chinese drivers will have to pay more in fuel prices amid the country's drive to reduce air pollution through upgraded fuel quality.

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Making NEVs a "new normal:" Volkswagen to invest €4 billion in China in 2020 [2019-11-27]

GUANGZHOU – Unlike years past, there was not a single car shown at Volkswagen Group China’

Premium, smart and electric: BYD, Yutong, King Long and CRRC EV unveil new models at Busworld Europe 2019 [2019-10-24]

BRUSSELS – BYD, Yutong, King Long (including Xiamen King Long, Xiamen Golden Dragon and Higer Bus) as well as CRRC EV represented the Chinese presence at the Busworld Europe 2019 held on October 18-23.

Daimler CEO Ola K?llenius: "In China, for the world" with help from Chinese partners [2019-10-08]

UPDATE: Mercedes-Benz set new sales records in China in both September and the year to date: 61,664 cars were delivered last month (+12.

BYTON CEO Dr. Daniel Kirchert: we have only one chance [2019-10-08]

FRANKFURT – BYTON finally has something to cheer about. The Chinese smart EV startup known for its German founders and the unique yet controversial 48-inch curved display –

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China's used vehicle transactions top 12 million units in 2017 [2018-01-30]

BEIJING – Used vehicle transaction volume of 1,068 used vehicle trading markets in 31 provinces reached 12.

Revised regulation to stimulate used car market [2015-12-21]

The Administrative Methods of Used-Vehicle Sales (suggested draft for revision) has been completed and released late last month for review within the industry, according to local media.

Problems facing China's used car market [2015-12-20]

China’s growing used car market faces a number of problems, according to a signed article by Wen Jiajun published on zhuweihua.

Car makers to profit from China's booming used market [2015-04-26]

By Julien Girault Beijing (AFP) - The vast majority of cars in the world's biggest auto market are purchased new, but a second-hand trade is beginning to emerge in China despite traditional buyer reluctance -- and foreign manufacturers are hoping to benefit.

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Piaggio Group and Foton sign final contract to jointly develop LCVs [2018-05-28]

PONTEDERA, Italy – Italy’s Piaggio Group and leading Chinese light commercial vehicle manufacturer Foton signed the final contract here on May 17 for the development and production of a new range of four-wheel light commercial vehicles.

Quiet transformation of Euro-style light bus market [2014-10-16]

Not long ago, the Euro-style light bus market led by Jiangling Motors (JMC) and NAVECO was likened to a blue ocean due to few competitors, high profits and fast-paced research and development.

Brilliance-Jinbei initiates light truck project in Shenyang Auto Zone [2011-04-14]

SHENYANG, Liaoning – Brilliance-Jinbei, a subsidiary of Brilliance Auto, recently initiated a light truck manufacturing project in the Shenyang Auto Zone with an investment of ¥1.

Jinbei Auto initiates a light truck project in Shenyang Auto Zone [2011-03-30]

SHENYANG, Liaoning – Jinbei Auto, a subsidiary of Brilliance, recently initiated a light truck manufacturing project in the Shenyang Auto Zone with an investment of ¥1.

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Low-speed farm vehicles should be included in rural subsidy program [2009-12-30]

- by Feng Jugao

 

Rough and bumpy road for low-speed vehicles

The low-speed vehicle (LSV) used to be called the farm vehicle.

Stable growth in farm vehicle market in H1 [2007-09-01]

BEIJING ¨C China?ˉs farm vehicle market continued its stable growth in the first half of this year. Production and sales reached 1,088,992 and 1,086,247 units respectively, an average of 8.1 percent increase compared to last year, according to the latest statistics from the Farm Vehicle Sub-Association of the China Agricultural Machinery Association.

China's farm vehicle market in 2005 [2006-03-01]

Continued decline

China’s farm vehicle sector has experienced another year of continued decline. Output and sales were 1,899,834 and 1,895,116 units, respectively, in 2005, down 9.15 and 9.25 percent compared with those of 2004, according to the latest statistics from the Farm Vehicle Association. However, this rate fell back to single digits, compared with a more than 20 percent decline in 2004.

Policy pushing farm vehicle makers into truck manufacture [2006-01-01]

China’s farm vehicle manufacturers are moving into light and medium truck production, according to the latest statistics published by CBU. While most medium truck manufacturers have registered a decline in output in the first nine months of last year, one manufacturer, Wangpai Automobile, registered a 77.03 percent increase year on year in their medium truck output. Wangpai is one of the country’s leading farm truck manufacturers. Another farm truck maker, Yinhe Automobile, is now the seventh largest medium truck manufacturer in

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Italian motorcycle makers courting Chinese partners [2011-05-25]

Struggling since the onset of the global financial crisis in 2008, some famed Italian motorcycle makers are now courting Chinese buyers, an Italian trade official said.

China's motorcycle industry recovers slowly in 2010 [2011-02-08]

China’s motorcycle industry produced and sold 26.69 and 26.59 million motorcycles in 2010, up 4.

Zongshen to produce 1 million new energy motorcycles a year [2010-07-19]

- by Zhao Yi and Zheng Shuang   Zongshen Industrial Group (Zongshen) based in Chongqing, southwest China, is one of the biggest motorcycle makers in China. Zongshen has recently partnered with PEM Power Systems Inc. of Canada and Piaggio of Italy to produce respectively pure electric motorcycles and hybrid motorcycles.

CSIG to form a mega motorcycle group in Chongqing [2009-12-25]

CHONGQING - China South Industry Group Corp. (CSIG) is planning to merge its three motorcycle companies, China Jialing Group (Jialing), Jianshe Motorcycle Co., Ltd. (Jianshe) and Qingqi Motorcycle Co., Ltd. (Qingqi), into a new mega motorcycle group in Chongqing, according to a recently report in 

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