Ford's joint venture in China began a recall of 6,599 new Mondeo cars beginning May 11 for possible short circuit problems, according to China's quality watchdog.
Chinese SUV and car manufacturer Hawtai Motor Group will terminate a proposed 150 million euro ($222 million) deal with Dutch sports car company Spyker Cars NV to make Saab cars in China, according to an emergency news release from Hawtai on May 12.
The share of China's auto market by Japanese brands dropped to 16.75 percent in April from 20 percent in March, according to statistics released by China Association of Automobile Manufacturers.
Regulators have approved an initial public offering on the Shenzhen Stock Exchange by battery and car producer BYD Co Ltd, according to a recent announcement of China Securities Regulatory Commission.
Automechanika Shanghai, Asia's largest trade fair for automotive parts, accessories, equipment and services, will be held from Dec 7 to 10 at the Shanghai New International Expo Center.
While the timetable is uncertain, German carmaker Volkswagen will make an all-new Chinese-brand electric car called the Kaili at its joint venture with FAW Group in China.
Volkswagen Group is looking far beyond its immediate goal of selling more cars in China as it considers future of mobility and new business models in the world's biggest auto market.
Beijingers who buy electric cars, or e-cars, could avoid having to take part in the license plate lottery, a spokesman for a Chinese automaker said on Sunday.
BMW Group recently announced it will almost double the investment in its new Shenyang factory to around 1 billion euros ($1.42 billion) to enable higher production and increased local content.
A "Lamborghini" made by a salon owner in Kunming, Yunnan province, May 11, 2011. It took him 12 days and 90,000 yuan ($13,851) to transform a Nissan A31 into this sports car. [Photo / CFP]
China's top consumer product quality watchdog said Friday that US automaker Chrysler will recall 8,309 Jeep Wrangler vehicles sold on the Chinese mainland over potential safety hazards concerning the vehicles' automatic transmissions and related systems.
China's automaker Chery Auto and Bayer Group have jointly set up a lab to research and develop lightweight materials for automobiles, Chery announced Friday.
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