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China set to drive global auto sales in 2017

China will continue to be the most important growth driver of the global auto industry in 2017 as it is this year, while new-energy vehicles and smart connected cars are set to become hot in the next decade...

December 9, 2016, Friday


Demand lifts heavy earnings

Sales of excavators and heavy trucks in China surged nearly 73 percent last month as heavy machinery companies tapped a construction boom, helping them reap profits. In November, 6,664 excavators were ...

December 9, 2016, Friday


Ford’s sales hit record high in November

FORD Motor sold a record number of vehicles in China in November, helping the US carmaker drive past the 1 million mark before the year ends, the company said in Shanghai yesterday....

December 8, 2016, Thursday


Chinese car market shows extremely strong growth in 2016:German association

THE Chinese car market showed extremely strong growth in 2016, growing by 15 percent year-on-year, the German Association of the Automotive Industry (VDA) reported here on Friday. "We have raised our ...

December 3, 2016, Saturday


Honda sales drive past Toyota’s

HONDA Motor Co’s sales in China overtook those of Toyota Motor Corp for the first 11 months of 2016 as new models lured consumers and set the Japanese rivals up for a photo finish in their rankings for ...

December 3, 2016, Saturday


Extra 10% tax levied on ultra high-end cars

CHINA has imposed an extra 10 percent tax on ultra high-end cars costing over 1.3 million yuan (US$190,000) such as Lamborghini and Ferrari, the government said, in a bid to rein in lavish spending and ...

December 2, 2016, Friday


SK to ban sales of certain car models

South Korea is to ban sales of some cars made by Porsche, BMW and Nissan, and fine the companies over US$5 million as a probe into emissions documentation widens. Seoul began investigating environmental ...

December 1, 2016, Thursday


Toyota head to lead EV division

Toyota Motor Corp yesterday appointed its president to lead their newly formed electric car division, flagging its commitment to develop a technology that the automaker has been slow to embrace....

December 1, 2016, Thursday


Talking shop about auto parts

Visitors and exhibitors are talking at an auto parts booth in the Automechanika Shanghai 2016, a trade fair for auto parts and service suppliers which opened at the National Exhibition and Convention Center (Shanghai) yesterday. A total of 5,756 exhibitors from 42 countries and regions are participating in the four-day event, whose highlights include technologies for smart connected cars and new-energy vehicles, according to the organizers. ...

December 1, 2016, Thursday


Defective airbags spark recall

Mitsubishi Motors will recall 3,804 vehicles in China’s mainland due to defective airbags, the country’s top quality watchdog has said....

November 28, 2016, Monday


 

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