Volkswagen returned to profit in the third quarter as increasing Chinese demand for luxury cars helped offset a 1.1% decline in vehicle deliveries because of the coronavirus crisis, sending its
Volkswagen returned to profit in the third quarter as increasing Chinese demand for luxury cars helped offset a 1.1% decline in vehicle deliveries because of the coronavirus crisis, sending its
U.S. electric automaker Tesla reduce the starting price of its Chinese-made Model 3 sedans on Thursday by about 8% to 249,900 yuan ($36,805), once Chinese subsidies for electric vehicles are
Nissan Motor’s CEO said on Saturday he prepared to launch a number of new vehicles in the Chinese market over the next five years, including electrical vehicles, that could help
Chinese automakers have announced plans to boost sales of hydrogen fuel cell vehicles, a niche sector in the world’s biggest auto market, and the government is expected to declare supportive
A micro electric vehicle (EV) by General Motors’ local Chinese joint venture has become the most sold EV model in China, with 15,000 cars sold in China in August, followed
Geely Automobile Holdings stated on Friday it raised HK$6.48 billion ($836 million) from a share placement as the Chinese automaker looks to refill its coffers to finance growth in the
China’s monthly auto sales increased for the first time in nearly two years in April, industry data revealed, as more customers visited showrooms after the economy started to open up and officials eased coronavirus-related
China commerce ministry has started permitting exports of second-hand cars, marking the nation’s recent move to drive domestic sales and support trade in the world’s biggest auto market. The move
Volkswagen’s joint venture with China’s Anhui Jianghuai (JAC) prepares to spend 5.06 billion yuan ($750.8 million) in a new electric car factory located in eastern Hefei city, according to local
Ford Motor plans to launch over 30 new models in China for the next three years of which more than a third will be electric vehicles, the U.S. automaker stated




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