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Passenger vehicle sales poised to rebound

Growth in China’s passenger vehicle sales is expected to re-enter the expansion territory after a larger decline in 2019 thanks to a more stable market and favorable policies, according to an industrial...

January 13, 2020, Monday


Former Nissan boss Ghosn flees Japanese ‘injustice’

OUSTED Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a “rigged” justice system in Japan, raising questions about how one of the world’s most-recognized executives had slipped ...

January 2, 2020, Thursday


Beijing adds area for driverless car tests

BEIJING yesterday added a new 40-square-kilometer area for testing self-driving vehicles with passengers, as the capital pushes for further application of the technology, according to the Beijing Municipal ...

December 31, 2019, Tuesday


Tesla rolls out city-made vehicles

TESLA yesterday delivered the first batch of Model 3 vehicles, built at its Shanghai factory, moving the US electric carmaker one step closer to mass production in China. The company delivered a total ...

December 31, 2019, Tuesday


Fresh Nissan crisis as top official quits

The senior executive in charge of plans to revive crisis-hit Nissan has decided to quit just weeks after taking the job, sending the carmaker’s stock plunging more than 3 percent yesterday....

December 26, 2019, Thursday


China banks to loan Tesla US$1.4b

US electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan (US$1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources familiar ...

December 24, 2019, Tuesday


PSA, Fiat agree on merger plans

French carmaker PSA and US-Italian rival Fiat Chrysler said yesterday they had agreed on the terms of a merger to create the world’s fourth-largest automaker as the sector grapples with the difficult and...

December 19, 2019, Thursday


China auto sales plunge 5.4% in Nov

China’s auto sales sank 5.4 percent in November from a year ago, putting the industry’s biggest global market on track to shrink for a second year, an industry group reported yesterday....

December 11, 2019, Wednesday


Work on at SAIC Motor R&D center

SAIC Motor said a new automotive R&D center that focuses on technology and experimentation for intelligent and connected vehicles started construction yesterday....

November 28, 2019, Thursday


Safety fears prompt Toyota, Subaru to recall cars

Japanese automaker Toyota and Subaru will recall a total of 12,637 Alphard cars and 17,479 vehicles sold in the Chinese market over safety hazards, respectively, according to China’s market regulator....

November 25, 2019, Monday




 

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