German automaker Volkswagen Group reported a 39 percent year-on-year sales hike in the first three quarters this year in China, outperforming what it achieved for the full of last year.
Lifan Industry Group Co, which American International Group owns a stake in, won approval from the China Securities Regulatory Commission to list in Shanghai, according to a statement posted to the regulator's website on Oct 15, Bloomberg reported on Monday.
Chinese battery and low-cost car manufacturer BYD Co recently hit a bump on its road to become a leading global automaker as it was accused of illegal land use.
China's automotive industry is not overheated despite its continued fast growth, an industry analyst said Sunday, amid recent concerns that overcapacity problems loom in the world's largest auto market.
German auto giant BMW Group on Friday began recalling more than 21,000 luxury sedans in China to fix a faulty brake system, while British carmaker Jaguar Land Rover recalled 30 Discovery 3 TDV6 diesel vehicles, China's quality watchdog said Friday.
China's annual production capacity of electric motor vehicles will reach 1 million units by 2020, a senior official forecast Saturday.
Two driverless electric vehicles have begun an epic 13,000-km journey from Italy to Expo 2010 Shanghai along the Silk Road.
China's top automaker SAIC Motor Corp's does not rule out the possibility of participating in General Motors' initial public offering (IPO), Reuters reported Friday, citing the company's chairman.
China's top legislature will discuss the draft of country's only taxation law on vehicle and vessel. The review is scheduled from Oct 25 to 28 at a bimonthly session.
China's top economic planner said Thursday that auto prices fell slightly in September for a third consecutive month, and were expected to continue falling in the fourth quarter.
Auto sales in China continued to expand last month, raising the forecast for annual sales to a record 17 million units this year, the China Association of Automobile Manufacturers (CAAM) said in Beijing on Oct 12.
New regulations on China's tiremakers could provide a boost for the industry, according to analysts.
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