Xi Jinping | SpeedLux

Timing of auto tariffs depends on talks, says US Commerce Secretary

U.S. Commerce Secretary Wilbur Ross stated that potential tariffs on automakers are aimed at encouraging companies to make more cars and other vehicles in the United States and the timing

Asian7 years ago

Geely dispels rumors about political ties with Chinese President

Chinese automaker Geely Automobile Holdings has been subjected to speculation about its political ties. The automaker has moved to dispel a widely held belief its chairman’s wife was related to

Audi7 years ago

Audi seeks to double production with partner FAW in five years in China

German luxury automaker Audi AG is looking to double China production with regional partner China FAW Group under five years, its chief executive stated on Wednesday, as worldwide automakers seek

Ford7 years ago

Ford to boost Lincoln rollout in China to compete rivals

According to two U.S. sources, Ford Motor premium Lincoln brand prepares to construct as many as five new vehicles in China by 2022 in a move to increase sales in

Asian9 years ago

China Now Charges 10 Percent Tax on Supercars and Ultra Luxury

China is now charging a 10 percent tax supercars and high-end vehicles that cost 1.3 million yuan ($190,000). Super-premium brand names like Ferrari, Lamborghini, and Rolls-Royce will likely be hardest-hit

Aston Martin10 years ago

Aston Martin and China joining up to combat Tesla

Recently, Aston Martin introduced its new RapidE concept. The fully electrical idea automobile is based upon the British cars maker’s manufacturing Rapide S sedan. Although Aston’s existing lineup includes mainly

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