German carmaker Volkswagen Group chalked up robust sales growth in China in the first 11 months of this year partly as a result of its "BlueMotion Technologies", pushing its global sales beyond all of last year.
Leading automakers on the Chinese mainland and Taiwan formally unveiled a new joint venture on Dec 14, the first major cross-Straits deal since September's adoption of the Economic Cooperation Framework Agreement (ECFA) to lower cross-Straits trade barriers.
China's government may be given credit for keeping the auto industry on track to grow, particularly when times are tough, but its policies are not expected to be the main market driver in 2011.
Klaus Maier, president and CEO of Mercedes-Benz (China) Ltd, is satisfied with his company's fruitful and far-beat-expectation achievements in China in 2010.
Overseas automakers including GM, Ford Motor Co and Nissan Motor Co should benefit next year if the Chinese government ends the rebate as expected by Dec 31, said Bill Russo, a Beijing-based senior adviser at Booz & Co.
Honda Motor Co said it will target sales in China of 730,000 units in 2011, for growth of more than 10 percent from the 650,000 estimated for this year, Reuters reported Friday.
China's second major auto show for 2010 kicks off next week in the southern city of Guangzhou, capping a year of record sales for the country's booming auto market, though analysts warn the strong growth will likely ease, the Associated Press reported Friday.
The California-based premium electric vehicle manufacturer Fisker Automotive is ready to sell its environment-friendly low carbon-emission cars in China next fall, the company announced on Wednesday.
General Motors (GM), the largest overseas automaker in China, is considering giving long-time Chinese partner SAIC Motor Corp access to its sales network in the United Kingdom, a senior executive of the US firm said on Monday.
Fuji Heavy Industries Ltd, the Japanese maker of Subaru-brand cars, is likely to begin production of cars in China in 2012 to meet demand in the world's fastest growing major economy, Bloomberg News reported Wednesday.
Two leading car makers across the Taiwan Straits established a joint venture Tuesday in East China's Zhejiang province.
Seeing robust demand from the new-energy automobile industry for energy storage, China's storage-battery companies have strengthened their efforts to innovate in the field of environmental protection technology.
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