BAIC Group, partner of Daimler AG and Hyundai Motor Co, plans to acquire one or two domestic automakers this year, said the company's senior management.
Li Feng has been promoted to president of the Beijing Automobile Industry Corp, and Liu Zhifeng will succeed the vice-general manager of the Beijing Hyundai.
Under the current market environment, it is no doubt good news for the Chinese auto industry that the government is giving a hand to Chinese brands, supporting and guiding their development.
The Internet of Cars concept has a bright future as computer technology is now more advanced, possessing an even greater intelligent design.
Electric vehicles - a "green" transportation alternative pushed by China's leaders - have been slow to catch on with the general public, a report said.
US giant automaker Chrysler Group LLC said Wednesday it is issuing four new recall campaigns covering about 560,000 vehicles.
Ford Motor Co has formed partnerships with Baidu and China Unicom to provide a broad lineup of infotainment services to motorists.
French automaker PSA Peugeot Citroen's Chinese joint venture with Dongfeng Motor Corp (DMC) opened a new plant on Tuesday in central China as part of its efforts to boost capacity and sales.
Shanghai Volkswagen officially launched its local hatchback model Gran Lavida on June 30 in Hainan province, and added a wagon-like model to the company's Lavida series.
The impact of tight bank liquidity has spread to the automobile financing business, as some commercial banks and auto financing institutions are slowing down the pace of auto loans' approval and issuance.
The 12th Shenyang (China) International Automobile Industry Expo 2013 began June 28, under the banner of "New science and technology, Wonderful new life," at the Shenyang International Convention Center.
As electric vehicles become more widely used in public transportation, some local governments are moving a step further and promoting their private use.
China Auto Rental, the country's largest vehicle leasing company by fleet size and revenue, recently announced its strategy together with British soccer legend David Beckham.
Now MINI enthusiasts in China can have more fun driving a racing compact as BMW officially introduces its sporty sub-brand John Cooper Works to consumers.
BMW is striving to "maintain sustainable and profitable growth in China," said Peter Van Binsbergen, senior vice-president of sales and marketing at BMW Brilliance.
Geely No 1 in Russia Geely has become the largest Chinese automaker by sales in Russia, according to the latest statistics from the Association of European Business. It sold 2,414 units in the neighboring country in May, up 119.5 percent from the same month last year. In the first five months, the company sold 8,987 units, up 76.3 percent. Lifan, the sales champion last year, fell to second place with single month sales of 2,353 units in May and 8,790 vehicles in the first five months.
BYD's electric car did not explode in Hong Kong, but a malfunction due to overheating. This will not affect the operation of electric taxi cabs.
12th Shenyang Intl Automobile Industry Expo kicks off
Ford Motor Co CEO Alan Mulally sees China becoming an export hub for the automaker but he added that the company's current focus is on meeting local demand.
China's watchdog said in a report that Shanghai VW has falsely claimed 5,570 vehicles that are not up to the subsidy standards encouraging energy-saving.
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