Auto


Auto sales jump 8.6% as sector recovers

CHINA’S auto sales rose 8.6 percent year on year to 2.25 million units in April, data from the China Association of Automobile Manufacturers showed. Although the growth pace is slower than the 74.9 percent ...

May 13, 2021, Thursday


Nissan cuts loss, outlook clouded

Crisis-hit Japanese carmaker Nissan said yesterday it had trimmed its annual net loss but warned its outlook remained clouded by the global chip shortage that has hit the auto industry....

May 12, 2021, Wednesday


Tesla sells 95,125 cars in first 4 months

United States electric carmaker Tesla says it sold 95,125 vehicles in China in the first four months of the year amid good momentum in the country’s green car market....

May 12, 2021, Wednesday


Tesla to launch data platform for car owners

United States electric-vehicle maker Tesla Inc said yesterday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles....

May 7, 2021, Friday


Double Five festival boosts vehicle sales

Vehicle sales have been rising as a result of activities and promotions during Shanghai’s Double Five Shopping Festival....

May 7, 2021, Friday


Chip shortage hurts Stellantis output

A GLOBAL semiconductor shortage hit production at US-European auto giant Stellantis in the first quarter but the owner of 14 brands including Peugeot, Fiat and Chrysler still booked strong sales, the company...

May 6, 2021, Thursday


Tesla just beats Wall Street target

Electric carmaker Tesla Inc marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and liquidating some bitcoi...

April 28, 2021, Wednesday


Lyft to sell self-driving unit to Toyota

United States ride-hailing service Lyft agreed to sell its autonomous driving division to a unit of Japan’s Toyota for US$550 million, the companies said on Monday....

April 28, 2021, Wednesday


Tesla to add facilities at city factory

United States electric vehicle maker Tesla Inc plans to add facilities at its Shanghai factory to repair and reproduce key components such as electric motors and battery cells, a document submitted by...

April 27, 2021, Tuesday


Phone maker becomes determined upstart in electric car market

XIAOMI, the Beijing-based maker of smartphones and other consumer electronics, is investing about US$10 billion over the next decade to join the somewhat crowded ranks of electric-car manufacturers. Xiaomi ...

April 21, 2021, Wednesday




 

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