BAIC will begin mass production for China's new energy vehicles in July, according to an official with BAIC Group Friday during the 14th China Beijing International High-tech Expo.
China's quality control authorities on Friday said Jaguar Cars Ltd, a British luxury car manufacturer, would recall 1,552 XK and XF cars sold on the Chinese mainland due to steering flaws.
Four days after a deal collapsed with Hawtai Motor Group, Spyker Cars NV announced on May 16 that Chinese auto dealer Pangda Automobile Trade agreed to invest in the owner of the Swedish brand Saab.
China's growth prospects, combined with Western companies' fears of being shut out of the world's largest auto market, are leading to a shift in attitude toward Chinese rivals buying into Europe's auto sector.
Demand for car rental services rose strongly during China's three-day Labor Day holiday, indicating great potential for leasing in the world's second-largest economy. However, experts are calling for an improved legal framework to better govern the booming sector.
Spyker Cars NV, the Dutch supercar maker, said China's Pangda Automobile Trade Co agreed to invest in the company, four days after a deal with Hawtai Motor Group collapsed.
Ford's joint venture in China began a recall of 6,599 new Mondeo cars beginning May 11 for possible short circuit problems, according to China's quality watchdog.
Chinese SUV and car manufacturer Hawtai Motor Group will terminate a proposed 150 million euro ($222 million) deal with Dutch sports car company Spyker Cars NV to make Saab cars in China, according to an emergency news release from Hawtai on May 12.
The share of China's auto market by Japanese brands dropped to 16.75 percent in April from 20 percent in March, according to statistics released by China Association of Automobile Manufacturers.
Regulators have approved an initial public offering on the Shenzhen Stock Exchange by battery and car producer BYD Co Ltd, according to a recent announcement of China Securities Regulatory Commission.
Automechanika Shanghai, Asia's largest trade fair for automotive parts, accessories, equipment and services, will be held from Dec 7 to 10 at the Shanghai New International Expo Center.
While the timetable is uncertain, German carmaker Volkswagen will make an all-new Chinese-brand electric car called the Kaili at its joint venture with FAW Group in China.