Autos

Aotecar Will Supply Electric Air-Conditioning Compressors for FAW Volkswagen’s NEVs

Aotecar Will Supply Electric Air-Conditioning Compressors for FAW Volkswagen’s NEVs

A wholly-owned subsidiary of Aotecar New Energy Technology Co. [SHE:002239] (Aotecar) has been confirmed as a supplier of electric compressors…

Jun 12, 2017
Yicai Global
Toyota Bests Volkswagen as Bestselling Auto Brand, but Faces Uphill Battle in China

Toyota Bests Volkswagen as Bestselling Auto Brand, but Faces Uphill Battle in China

Volkswagen Group [ETR:VOW3] (VW) overtook Toyota Motor Corp. [TYO:7203] as the world’s bestselling carmaker last year.

Jun 9, 2017
Li Suwan
Zhongtong Sales Flop Over 40% as Bus Market Downshifts in First Half

Zhongtong Sales Flop Over 40% as Bus Market Downshifts in First Half

Zhongtong Bus Holding Co. [SHE:000957], Zhengzhou Yutong Bus Co. [SHA:600066] and King Long Bus Co. [SHA:600686] are beset by falling production and sales, Sina.com reported.

Jun 8, 2017
Yicai Global
Dongfeng Motor Reshuffles Top-Level Management at Subsidiaries, Foreign-Partner Joint Ventures

Dongfeng Motor Reshuffles Top-Level Management at Subsidiaries, Foreign-Partner Joint Ventures

Chinese carmaker Dongfeng Motor Corp. has reshuffled its senior management, affecting top-level executives at its Chinese subsidiaries and joint ventures…

Jun 7, 2017
Li Suwan
Chongqing FTZ to Inaugurate Pilot Parallel Imports for Foreign Cars This Year

Chongqing FTZ to Inaugurate Pilot Parallel Imports for Foreign Cars This Year

Established in April, the China (Chongqing) Pilot Free Trade Zone (FTZ) is striving to become a trial region for parallel…

Jun 7, 2017
Li Xiuzhong
China Will Stop Issuing Licenses for NEV Production

China Will Stop Issuing Licenses for NEV Production

China plans to stop handing out licenses for new energy vehicle (NEV) production as the National Development and Reform Commission evaluates existing policies, Sina.com reported yesterday.

Jun 6, 2017
Yicai Global
Daimler Will Invest in BAIC BJEV to Further Cooperation in NEVs

Daimler Will Invest in BAIC BJEV to Further Cooperation in NEVs

Beijing Automotive Group Co. (BAIC) signed a framework agreement with its German partner Daimler AG [ETR:DAI] (Daimler) on furthering their strategic cooperation on June 1.

Jun 5, 2017
Wu Ziye
Guoxuan High-Tech Seals USD276 Million Procurement Contract With BAIC BJEV

Guoxuan High-Tech Seals USD276 Million Procurement Contract With BAIC BJEV

BAIC BJEV, the new-energy vehicle subsidiary of China’s state-owned automaker -- BAIC Group -- will purchase USD276 million (CNY1.875 billion)…

Jun 2, 2017
Yicai Global
Ministry of Transport Mules Providing Incentives for Timeshare Car Rental Industry

Ministry of Transport Mules Providing Incentives for Timeshare Car Rental Industry

China’s ministry of transport’s (MOT) latest draft policy concerning car renting industry indicates that it will encourage car timeshare rental…

Jun 1, 2017
Zhang Ke
Germany’s Continental AG Partners With Baidu, NextEV to Develop Electric Cars and Automated Driving

Germany’s Continental AG Partners With Baidu, NextEV to Develop Electric Cars and Automated Driving

Leading German automotive manufacturer Continental AG [FWB:CON] today teamed up with Chinese search giant Baidu Inc. [NASDAQ:BIDU] and new-energy vehicle…

Jun 1, 2017
Yicai Global
Chinese Carmaker BAIC Starts Production in Mexico

Chinese Carmaker BAIC Starts Production in Mexico

Beijing Automotive Group Co.’s first production line in Mexico began operations in the city of Veracruz on May 23, state-owned news agency Xinhua reported.

May 26, 2017
Yicai Global
Four Chinese Volvo Executives Step Down After Flubbing Sales Targets

Four Chinese Volvo Executives Step Down After Flubbing Sales Targets

Volvo Group AB [STO:VOLV] accepted the resignations of four high-level executives in the past year, despite April’s 38 percent rise in…

May 25, 2017
Yicai Global

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