Nagged by slow sales, BYD slashes prices

2011-02-21 11:19:18

Faced with continuing stagnant sales, domestic automaker BYD announced a major price cut on its five most popular models on Feb18 to boost demand.

Slowing car sales to hit automakers

2011-02-19 10:32:29

Automakers in China shipped 16.2 percent more cars to dealers in January as they moved aggressively to replenish inventories that were nearly depleted after explosive sales in December.

Volvo to make cars in southwestern China: report

2011-02-18 14:55:32

Swedish carmaker Volvo, owned by Zhejiang Geely Holding Group, has finalised its decision to make Volvo cars in southwestern China, two people with knowledge of the matter said on Friday.

Honda to recall 156,302 cars in China

2011-02-18 13:12:24

Guangqi Honda Automobile Co, Ltd, will recall 156,302 vehicles sold in China as of Feb 25 due to motor defects, according to the website of the General Administration of Quality Supervision, Inspection and Quarantine on Thursday.

Ford may build new plant in China

2011-02-17 08:01:16

Ford Motor Co may build a new car plant in northern China, a newspaper said on Wednesday.

Chery generates record sales in January

2011-02-16 14:06:30

Chery Automobile, China's largest automobile exporter, said Tuesday its global monthly sales reached a record high of 86,299 vehicles, an increase of 17.52 percent over the same month last year.

More 'aggressive' investment from General Motors

2011-02-16 07:51:46

General Motors will continue "investing aggressively" in the world's biggest auto market, according to the company's top executive.

GM to add over 20 new, upgraded models in China

2011-02-15 14:18:53

General Motors Co (GM) plans to introduce more than 20 new and upgraded models in China over the next two years, the Reuters reported Tuesday.

Passenger vehicle sales continue to rise

2011-02-15 09:33:07

Passenger vehicle sales in China continued to surge in January, registering a 15 percent increase over the same month last year. Analysts said that strong demand in the second- and third-tier cities has offset stagnant sales in big cities because of the policy limitations.

GM sets record even as govt incentives lapse

2011-02-14 15:21:13

Despite the expiration of government incentive programs to fuel auto sales, General Motors set an all-time sales record of more than 268,000 vehicles delivered last month in China, an increase of 22 percent over a year earlier.

SAIC's parent likely to list assets

2011-02-14 15:14:44

Shanghai Automotive Industry Corp, the parent of China's largest domestic automaker, may list all of its operating assets, the Bloomberg News reported on Monday, citing two people familiar with the plan.

US parts giant Delphi ratchets up for growth in Asia-Pacific

2011-02-14 14:06:29

US auto parts maker Delphi expects the fast-growing Chinese market to help it double the share of its global business generated in the Asia-Pacific region over the mid-term future.