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Car market down 13th month in a row

China’s auto sales fell 4.3 percent in July from a year earlier to 1.8 million vehicles — the 13th consecutive monthly decline, according to data released by the China Association of Automobile Manufacturers...

August 13, 2019, Tuesday

City’s used car sales rise as prices fall

Shanghai’s used car sales rose 12.3 percent to 311,952 units in the first seven months of this year, data from the Shanghai Used Car Trade Association shows....

August 7, 2019, Wednesday

Ailing Nissan to slash jobs, costs

Nissan is slashing 12,500 jobs, or about 9 percent of its global workforce, to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said yesterday....

July 26, 2019, Friday

Nissan’s woes deepen as profits dive, job cuts rise

Nissan Motor Co Ltd warned yesterday that first-quarter profit tumbled around 90 percent, a day before it is expected to announce more than 10,000 job cuts as the crisis deepens at Japan’s second-largest...

July 25, 2019, Thursday

It’s a buyer’s market as automakers cut prices

Automobile makers were locked in fierce competition at the 16th China (Changchun) International Auto Expo amid growing downward pressure in the industry....

July 23, 2019, Tuesday

Xpeng draws ire of customers

Xpeng Motors, an electric car startup based in Guangzhou, is facing complaints from previous buyers after it introduced a revamped model with a longer driving range just seven months after its first vehicle...

July 17, 2019, Wednesday

Auto sales slide, drop 9.6% in June on year

China’s auto sales fell 9.6 percent from a year earlier to 2.06 million vehicles in June, the 12th straight monthly decline, according to data released by the China Association of Automobile Manufacturers...

July 11, 2019, Thursday

FTZ boost for auto manufacturers

Auto manufacturers registered in Shanghai’s free trade zone and manufacturing vehicles in the zone will be allowed to manufacture new types of vehicles after completing type testing....

July 10, 2019, Wednesday

Car-recall numbers drop 43%

China recalled more than 2.75 million defective cars in the first six months of this year, a drop of more than 43 percent compared with the same period last year, according to the General Administration...

July 9, 2019, Tuesday

Ford reports 21% drop in 2nd-quarter China sales

Ford Motor Company reported on Friday it sold 154,042 vehicles in the second quarter of 2019 in China, decreasing 21.7 percent from the same period last year....

July 8, 2019, Monday



 

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