Chinese authorities are pushing ahead with reforms for the country's automobile industry to leverage its increasingly important position in the global market.
Major Chinese State auto group Chongqing Changan Automobile Co, which made its start as a mini van maker, on Sunday unveiled a new logo for its fast-growing passenger car business.
Ford Motor Co last week appointed Marin Burela president of its China passenger car joint venture Changan Ford Mazda Automobile Co effective from Nov 1.
Several automakers issued recalls in Chinese market in October.
French auto maker Peugeot expects China to become its biggest market before 2015 and promises to add at least one model every year to its locally produced fleet, said Xavier Peugeot, the company's global director of marketing and communications.
SAIC Motor Corp, China's largest automaker, said on Thursday that its third-quarter profits jumped 46.88 percent to 3.71 billion yuan ($550 million), partly aided by government policies to boost the country's domestic auto industry.
Ford Motor said its top Asia executive, Joe Hinrichs, will assume the additional role as chairman and CEO of its China operations, effective Nov 1, replacing Robert Graziano, Reuters reported on Wednesday.
A new tax law, to encourage the use of smaller engines in vehicles and vessels to reduce pollution and oil dependence, is under consideration.
BYD Co, a Chinese carmaker backed by US billionaire Warren Buffett, posted a 99 percent drop in third quarter earnings as its sales strategy backfired and it slipped behind competitors, Reuters reported on Monday.
China has finished work on its automobile proposal that will become part of the 12th Five-Year Plan (2011-2015), and new-energy vehicles are a top priority, China News Service reported on Monday.
German luxury carmaker Audi AG, owned by Volkswagen Group, expects to sell its next million vehicles in China in three years - some 20 years faster than its first million.
China's top legislature Monday began reviewing for the first time a draft law on vehicle and vessel taxation, as a bimonthly legislative session began.
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