China curbing overcapacity

    2012-02-21 10:12:56

    China is clamping down on overcapacity, benefiting companies with entrenched production and sales while hurting newcomers to the market.

    Lamborghini supercar sales may slow

    2012-02-21 09:54:00

    Lamborghini SpA (LAM), maker of the $1 million Aventador LP 700-4, said industry sales of ultra-luxury sports cars may slow as signs that China's economy is weakening puts off some buyers.

    GM set for approval on China plant

    2012-02-13 13:12:51

    General Motors Co, the world’s biggest automaker, is poised to receive approval to build a 7 billion yuan ($1.1 billion) factory in China.

    Lower returns for Daimler in transition year

    2012-02-13 13:15:32

    Daimler said profits would come under pressure during the current "transition year" as it accelerates investment in new models.

    Beijing parks govt cars to improve air quality

    2012-02-13 13:29:18

    Beijing will take some government cars off its roads as part of a campaign to lower the city's PM2.5 readings and improve air quality.

    Public views solicited on vehicle recall rule

    2012-02-06 14:15:27

    The Legislative Affairs Office of the State Council is soliciting public opinions on a draft regulation on vehicle recalls.

    JLR plans manufacturing JV

    2012-02-06 14:42:55

    Jaguar Land Rover (JLR) plans to partner with Chery Automobile to manufacture vehicles in China and has applied to regulators for clearance of the joint venture.

    Volvo reports record high net sales

    2012-02-06 09:39:50

    Net sales of the Swedish Volvo group in 2011 reached a record high level of 310.3 billion Swedish kronor ($46 billion), up 17.2 percent compared to 2010.

    Mercedes to sell 2.7m cars by 2020

    2012-02-01 17:12:24

    Daimler plans to more than double output of Mercedes brand vehicles to 2.7 million by 2020 in its drive to become the world's largest premium car maker.

    China Auto 1st Chinese IPO filer since US rule change

    2012-02-01 15:01:37

    China Auto Rental Inc became on Jan 18 the first Chinese company to file for a US listing since regulators changed the rules.

    Honda slashes profit outlook on disasters, sees rebound

    2012-02-01 10:10:11

    Honda Motor Co slashed its annual profit guidance to the lowest level in three years as it counted the cost of natural disasters in Japan and Thailand and a strong yen.

    Chinese cars cover 12.7% of Chilean market

    2012-01-16 16:55:25

    Chinese manufactured cars took 12.7 percent of the Chilean market share in 2011, ranking second among its competitors, according to the latest data.

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