China's Geely takes stake in Proton, Lotus

KUALA LUMPUR, Malaysia: Chinese auto giant Geely on Wednesday announced it was taking a 49.9% stake in Malaysia's troubled Proton as well as a 51% share in British sports car brand Lotus...

25 May 2017


Nissan aims for China launch of cheap electric car in two years

The Nissan-Renault alliance aims to launch a new electric car in the "booming" China market costing just $8,000 within two years...

9 Nov 2016


GM takes stake in China car-sharing startup

US automaker General Motors is taking a stake in the Chinese car-sharing startup Yi Wei Xing, expanding the company's global footprint...

17 Oct 2016


Chinese market electrifying for 'green' cars

Government subsidies are fuelling a boom in electric vehicles in China, driving hopes for the industry's global future as the world's biggest car market offers economies...

8 Feb 2016


China tech firms shake up world's biggest car market

SHANGHAI, CHINA: Chinese technology giants Alibaba and Tencent are promising to build the cars of the future, vehicles linked seamlessly to the Internet and offering shopping and navigation help while on the road...

24 Apr 2015


China car sales up 20.3% in October

SHANGHAI - China's auto sales surged 20.3% year-on-year in October, helped by a long holiday, China Association of Automobile Manufacturers said on Monday (11 November).

12 Nov 2013


Strong Chinese demand to pull global car market: Moody's

PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).

6 Sep 2013


Cars sales up 11,2% in China

BEIJING, CHINA: Car sales in China, the world's largest car market, increased by 11.2% year-on-year in June, an industry group said Wednesday (10 July).

11 Jul 2013


VW recalls 384,181 vehicles in China

SHANGHAI, CHINA: Volkswagen said on Wednesday (20 March) that it will recall 384,181 vehicles in China because of gearbox defects, marking the German car manufacturer's biggest ever recall.

21 Mar 2013


Bigger is better says motor industry

Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.

11 Mar 2013


Japan car sales in China fall 59.4% in October

SHANGHAI, CHINA: Sales of Japanese passenger cars in China slumped 59.4% year-on-year in October, a Chinese industry group said last week as a territorial row between the countries hurt demand.

11 Nov 2012

Let's do Biz