The Chinese auto market's sales growth in 2011 will be close to last year's 32 percent increase despite a slow start, Reuters reported citing a top Chinese industry executive said on Friday.
China's electric vehicle maker BYD Automobile Co Ltd is set to trial a full-size, all-electric bus in the Danish capital Copenhagen, according to a news release issued by Denmark's biggest public transport operator Movia and Denmark's Ministry of Foreign affairs Thursday.
China's February auto sales fell sharply by 33.09 percent month on month to 1.267 million units due to the week-long Chinese Lunar New Year holidays, the China Association of Automobile Manufacturers (CAAM) said Wednesday.
FAW Group Corporation, China's second-largest auto manufacturer by sales, is targeting a 10 percent increase in sales revenues this year as it expands the development of its brand portfolio.
China's passenger vehicle sales dropped slightly in February from last year, the first fall in more than two years and giving rise to uncertainty about the entire year's sales.
German automaker Daimler AG sees opportunity in China's 12th Five-Year Plan (2011-2015) and intends to invest 3 billion euros (nearly $4.2 billion) to leap forward in the Chinese auto market.
Volvo will recall 750 of its XC60 vehicles on the Chinese mainland starting next Monday, China's quality watchdog said on Friday.
Chinese automaker Dongfeng Motor sold 19,540 vehicles in February, up 29.8 percent year-on-year, figures released on Saturday showed.
Chinese authorities recently granted a business license to Shenzhen BYD Daimler New Technology Co Ltd, the new joint venture between Daimler AG and BYD Co Ltd formed to develop an electric vehicle specifically for the China market.
General Motors Co, the biggest overseas automaker in China, reported slower sales growth last month in the world's biggest auto market as deliveries by its local minivan venture declined.
China and Myanmar companies have reached an agreement on production of 10-15 ton heavy duty trucks in Myanmar, the State-run paper the New Light of Myanmar reported Wednesday.
A fleet of 50 electric cabs started operation in the Chinese capital Beijing on Tuesday. Each of the electric cabs can run 140 kilometers on full battery and saves more than 30,000 yuan on fuel per year.
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