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'34.6m by 2020', light vehicle sales2013-05-20
Sales of light vehicles including cars and light commercial vehicles will total 34.6 million units in 2020, doubling the figure in the US, according to a recent projection by Finbarr O'Neil.
China Grand Auto, top dealership2013-05-20
China Grand Auto topped the ranking of the 100 biggest auto dealer groups in China last year with revenue of 72.6 billion yuan, according to a recent report by Automobile Dealers Association.Sinomach Automobile Co Ltd.
China's Tri-Ring makes Polish acquisition2013-05-20
Chinese manufacturer of special-purpose vehicles Tri-Ring Group may buy Polish bearings maker FLT Krasnik for some 300 million zlotys($95 million)in the largest investment yet by a Chinese firm in Poland, Reuters news agency reported recently.
Vehicles prices fell from March2013-05-20
Its study of 36 big and mid-sized cities found that prices of locally made vehicles decreased 0.18 percent from March, and 0.1 percent from last April.Imported vehicles dropped 0.12 percent from March and 3.42 percent year-on-year.
U-turn on foreign firm incentives2013-05-18
China said it will encourage foreign investment in vehicle manufacturing in its western region, reversing a policy to remove automaking from a list of industries qualifying for government incentives.
Taiyuan Int'l Automobile Exhibition2013-05-18
A model presents a Bugatti Veyron at the 2013 China(Taiyuan)International Automobile Exhibition in Taiyuan, capital of north China's Shanxi Province, May 17, 2013.
GM recalls defective Cadillacs in China2013-05-17
Shanghai GM will recall 2653 imported Cadillac SRX vehicles as their wheel nuts may become loose and pose a safety hazard, China's consumer quality watchdog said Friday.
BYD unveils HK electric taxis fleet2013-05-16
BYD Co Ltd rolled out Hong Kong's first electric taxi fleet on Wednesday.The Hong Kong Taxi&Public Light Bus Association said it is renting from BYD an initial fleet of 45 taxis for HK$8000($.
Volkswagen plans brand tie-up with FAW2013-05-16
Volkswagen AG, Europe's largest carmaker, plans to produce cars for a planned budget brand in China with joint-venture partner FAW Car Co, two people familiar with the matter said.
BYD electric taxis to debut in HK2013-05-16
Hong Kong's Financial Secretary John Tsang (left) and Wang Chuanfu, chairman and president of BYD, walk past a BYD e6 electric taxi after a launching ceremony in Hong Kong yesterday.
Dongfeng sets for stake in Fujian Motor2013-05-15
Dongfeng Motor Corp, a State-controlled vehicle manufacturer in Shiyan, Hubei province, is planning a share purchase of more than 40 percent in Fujian Motor Industry Group, China Business News reported on Wednesday.
Shanghai to cut car plate stock to 9,0002013-05-15
Shanghai will reduce the supply of car plates to 9000 and lower a price ceiling designed to curb soaring plate prices to 79900 yuan(US$.
Volkswagen China sales grow by 20%2013-05-14
German auto giant Volkswagen said on Tuesday that its passenger car sales in the first four months of 2013 rose 5.3 percent, thanks to strong demands from China and North America.
Volkswagen to open new plant2013-05-15
German automobile conglomerate Volkswagen AG will invest $1.95bn to build its first plant in Central China, in a bid to help increase its capacity to meet the rising demand from the world's largest vehicle market.
Special Coverage
The European Commission decided to open an anti-dumping and anti-subsidy investigation into Huawei and ZTE.
Insight
Q1 textile exports beat expectations with 19.4% rise
In the first quarter, China exported an aggregate of US$ 35.3148 billion of clothes and accessories, up 19.4 percent compared with the same period of last year.
Listed insurers post improved Q1 earnings
According to data of premium income in the first quarter of 2013 published by China Insurance Regulatory Commission recently, the industry achieved a premium income of RMB 515.06 billion Yuan in the first quarter, up 6.5 percent year on year.
Construction machinery industry on the road to recovery
According to the data released by the China Construction Machinery Association (CCMA), in January 2013, the eight main product production and marketing of construction machinery industry grew by 23.15 percent year on year.
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