Chinese car maker BYD Co Ltd , backed by US billionaire Warren Buffett, said on Thursday that it sold 40,100 cars in April, down 11 percent year-on-year according to data from analysts.
BMW's sales in China jumped 72 percent in the first quarter as a growing army of super-rich in the country fuels demand for luxuries such as Gucci handbags and Rolls-Royce cars.
Eager car buyers who miss out in Beijing's highly competitive license lottery are now turning to court auctions to fight over seized vehicles.
Honda Motor said Wednesday that the production halt at its Chinese plants was unrelated to the March earthquake that hampered its supply chains.
The automaker Brilliance China Automotive Holdings Ltd has signed a preliminary cooperative framework with Beijing Runfar Investment Group to establish a joint venture.
Little-known Chinese auto maker Hawtai Motor Group has come to the rescue of Saab, only a year after tiny Dutch supercar maker Spyker bailed out the Swedish marque.
China's leading truck manufacturer Beiqi Foton Motor announced on April 30 that it has signed a MOU with India's Maharashtra state government to manufacture trucks in India.
Chinese automotive giant Chery might be a newcomer to Turkey, but its fortunes are posed to change
Shares of Pangda Automobile Trade Co Ltd fell more than 20 percent on their trading debut in Shanghai on Thursday.
The Hyundai Motor Company signed a formal agreement on Thursday to create a commercial vehicle joint venture (JV) in Sichuan province.
Beijing Hainachuan Automotive Parts Co Ltd will acquire 100 percent of the stock of the Netherlands' Inalfa Roof Systems Group, China Business News reported Friday, citing an internal announcement from the Netherlands company's China office.
The Shanghai Auto Show 2011 is set to conclude on Thursday with a "good harvest" for luxury brands, such as Rolls-Royce, Bentley, Ferrari, Lamborghini and Maybach.
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