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China auto dealers struggle for profit

Auto dealerships in China found it harder to make money last year because of the high inventory they have to stock due to pressure from carmakers who have a final say in the dealership franchise, according...

January 27, 2015, Tuesday


Volkswagen to recall 80,000 Audis

German carmaker Volkswagen AG will recall 80,000 cars from its luxury division Audi due to issues with the fuel injection system, Audi said over the weekend, adding that around 35,000 of the affected vehicles...

January 26, 2015, Monday


FAW-Volkswagen recalls over 35,000 Audis

CHINA FAW-Volkswagen Automotive Co. Ltd. is to recall 35,186 Audi cars in China to fix a problem in the fuel injection system. The recall, from March 20, involves 32,371 units of A5, A5 Cabriolet, A7, ...

January 24, 2015, Saturday


Drive across US to promote GM

A 1950s era General Motors Futurliner is shown at the Washington Auto Show which runs through February 1. A fleet of Futurliner will travel across the US to promote upcoming GM automotive products. A Futurliner sold for US$4 million last week in Arizona. ...

January 24, 2015, Saturday


Toyota keeps world’s biggest carmaker title

Toyota kept its title as the world’s biggest automaker yesterday as it announced record sales of 10.23 million vehicles last year, outpacing General Motors and Volkswagen, but a shaky outlook for 2015...

January 22, 2015, Thursday


Shanghai car plate success rises

IN Shanghai’s first car plate auction of this year, success rate rose to 8.1 percent as participation level continued to drop.   A total of 7,990 car plates were up for grab among 98,203 people, compared ...

January 17, 2015, Saturday


GM eyes operating profit up in 2015

General Motors Co has forecast its 2015 operating profit will increase from last year due mostly to growth in its two largest auto markets, China and the United States....

January 16, 2015, Friday


China deliveries lift Peugeot’s 2014 sales

French carmaker PSA Peugeot Citroen’s 2014 sales rose 4.3 percent thanks to a 32 percent jump in deliveries in China, in a sign that mass market producers were outperforming premium brands during an economic...

January 15, 2015, Thursday


Tesla’s sales in China ‘unexpectedly weak’

Tesla Motors Inc Chief Executive Elon Musk said the electric luxury car maker’s sales in China were “unexpectedly weak” during the fourth quarter, but sought to assure an audience in Detroit the problems...

January 15, 2015, Thursday


Daimler confident of no plunge in China sales

Daimler Chief Executive Officer Dieter Zetsche said he saw no signs of a significant slump in sales for Mercedes-Benz luxury cars in China, even as rival BMW struck a more cautious tone....

January 14, 2015, Wednesday




 

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