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 …
cars in china
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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
Nissan to introduce range of new vehicles in China over next five years
by SpeedLuxby SpeedLuxNissan 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 …
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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 …
- General MotorsTesla
GM venture’s car becomes most sold EV in China, surpassing Tesla’s Model 3
by SpeedLuxby SpeedLuxA 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 …
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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 …
- Cars
China auto sales mark first gain in nearly 2 years as restrictions ease
by SpeedLuxby SpeedLuxChina’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 …
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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 …
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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 …
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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 …
