Geely Automobile Holding has opted to sell its interests in micro-sized electric carmaker Zhidou, to enable the company to operate as an independent entity as a prerequisite to get listed in the nation's new energy vehicle catalog.
International carmakers' profits in the Chinese market have plunged, with rising competition from local players forcing foreign auto giants to give heavy discounts, resulting in a loss of pricing power.
A senior auto expert called for China's fast-growing new-energy vehicle industry to decelerate, a rare move amid the government's campaign to stimulate the sector nationwide.
Chinese officials are seeking to provide incentives to people to switch from ordinary cars to electric cars.
BAIC Motor Corp Ltd has become the biggest partner of Daimler's Mercedes-Benz brand in China. That's after a share restructuring of the German manufacturing base in eastern China.
Volkswagen China said on Monday that it expects electric vehicles to account for up to 25 percent of its total auto production by 2025.
The long-awaited all-new E-Class L rolled off the production line at Beijing Benz Automotive Co Ltd on Thursday, heralding a new decade of development for the joint venture.
Two design patents involved in a lawsuit Jaguar Land Rover filed against Chinese automaker Jiangling for allegedly copying the design of its popular SUV have been canceled in China, which has caused many jaws to drop and may discourage actions to protect intellectual property.
Chinese electric-car maker BYD Co Ltd's new commercial vehicle factory in Qingdao, Shandong province, started production on Thursday. The facility is expected to manufacture up to 5,000 electric buses annually worth 10 billion yuan ($1.5 billion).
Automakers in China will face greater pressure on their profit margins as the market slows and competition increases, ratings agency Fitch said Tuesday.
Volkswagen AG's CEO Matthias Muller has made clear the company's commitment to rolling out more cars specifically designed for Chinese drivers, in a move to consolidate the German automaker's position amid increasingly fierce competition in the world's largest auto market.
China is set to play a more prominent role in Ford Motor's global growth strategy following one of the automaker's biggest management reshuffles in the country.
A joint venture named after the literary figure Monkey King is planning to bring innovation to the automotive industry in 2016, which is the Year of the Monkey according to the Chinese zodiac.
China's first national-level demonstration base to test intelligent connected cars opened in Shanghai on June 7, signalling that the sector has entered into a new phase in the country.
China's industry warned over the potential problem posed by 'intelligent future'
Chinese electric-car maker BYD Co Ltd will develop an electric streetcar network in smaller cities within the next five years to further expand its business, but some industry insiders say its plan lacks feasibility.
If an auto finance company wants to improve its business, it should speed up the process of approving loans to buyers, a recent survey finds.
Fu Qiang, 50, has left Volvo China Sales Co as former president and CEO and is joining Zhejiang Aiche Internet Intelligent Electric Vehicle Co, which is financially backed by a major investor that has recently been luring many Chinese auto executives to its ventures.
Fast-tracking the development of energy-saving smart cars is the purpose behind a new innovation contest which began in Beijing on Thursday.
The Chinese car market, which sold 24.59 million vehicles last year, still has much room to grow, an industry association official said.
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