New cars subject in 45% of consumer complaints

2011-02-14 13:25:52

Nearly half of complaints filed about auto quality last year were on relatively new vehicles, according to a report released by China's quality watchdog on an auto news website.

SAIC to suspend share trading

2011-02-14 10:32:06

China's top carmaker SAIC Motor Corp announced last week that it will suspend share trading on the Shanghai Stock Exchange from Feb 14 as its parent company SAIC Group formulates restructuring plans.

New cars subject in 45% of consumer complaints

2011-02-14 13:25:52

Nearly half of complaints filed about auto quality last year were on relatively new vehicles, according to a report released by China's quality watchdog on an auto news website.

SAIC to suspend share trading

2011-02-14 10:32:06

China's top carmaker SAIC Motor Corp announced last week that it will suspend share trading on the Shanghai Stock Exchange from Feb 14 as its parent company SAIC Group formulates restructuring plans.

GM Jan sales in China rose 22%

2011-02-11 15:39:45

General Motors (GM) sold 268,071 cars in January, marking a year-on-year increase of 22.3 percent, according to a post dated Feb 9 on the website of GM China.

Dongfeng Peugeot Citroen sales up in Jan

2011-02-11 13:36:16

Dongfeng Peugeot Citroen Automobile Co Thursday said it set a new monthly sales record last month selling 41,927 cars.

Shanghai VW: Torrid 2010, steady growth ahead

2011-01-31 15:47:05

Exec at joint venture reviews record year and outlines blueprint for the future.

Top Sino-foreign carmaker GM inks $900m import deal

2011-01-31 15:44:49

General Motors will import vehicles and components worth $900 million into China under a two-year agreement recently signed with its local joint venture Shanghai GM.

Mature auto markets recovering, but a new challenge could loom

2011-01-31 15:41:06

A year after the recovery from the financial crisis began, the overall outlook for vehicle sales across the globe is good.JD Power expect 6 percent growth in global sales to 76.5 million units in 2011.

Auto rent business better for locals

2011-01-31 11:13:20

Having rich management experience and a mature business model no longer provide advantages for overseas car leasing companies entering the Chinese market, industry analysts say.

Beijing car market remains sluggish after 1st plate lottery

2011-01-28 10:47:36

A moderate rebound in Beijing's car market looms ahead, after Beijing's license plate lottery program issued the first batch in its quota to 17,600 individual buyers on Wednesday.

SAIC jumps in Shanghai trading

2011-01-28 10:45:52

SAIC Motor Corp, China's largest carmaker, jumped to the highest level in a month in Shanghai trading on speculation the company's shares are undervalued as economic growth will sustain industry earnings.