China's top quality watchdog said on Monday that three Chinese car manufacturers will recall approximately 75,000 cars due to their faulty Kumho tires beginning April 15.
Volkswagen Group plans to almost double its dealerships in China in the next five to eight years, according to Christian Klingler, the company's board member for sales and marketing.
Using its existing technologies and production capacity, China's largest automaker SAIC Motor has ambitious plans for its recently launched commercial vehicle division to become a strong player in both domestic and international markets.
In the largest-ever Sino-US deal in the auto components industry, China's State-owned parts manufacturer AVIC Automobile Industry Holding Co Ltd recently became the majority stockholder in Nexteer Automotive, the Michigan-based maker of steering and driveline systems.
Car sales in China rose 6.5 percent to 1.35 million units in March, recovering from the lowest growth rate in two years in February but still well below the hectic pace seen last year.
China's home-made auto sales went up eight percent year-on-year to 4.98 million units in the first quarter of this year, the China Association of Automobile Manufacturers (CAAM) said Sunday.
China's top product quality watchdog said on Friday that the country would suspend imports of Jeep Wrangler vehicles because of a serious potential safety hazard.
Chery Automobile Co, China's largest domestic brand, said Friday its global car sales rose 25.9 percent year on year to 61,240 units last month.
Sales growth in China's passenger vehicle segment cooled in the first three months of this year. Analysts said that the first single-digit quarterly increase in the last two years indicated a downtrend for the whole year.
China's top quality watchdog said Thursday US automaker Chrysler will recall 464 JEEP Wrangler vehicles in the Chinese mainland over problems with bolts that could cause noise and even affect steering while the vehicle is running.
China will launch a development plan in energy-saving and the new-energy vehicle industry to make the country a leader in the sector over the next 10 years, with government funding of 100 billion yuan.
Shanghai Automotive Industry Corp (Group) is close to attaining total securitization by plunging all of its auto-related assets into its listed subsidiary SAIC Motor Corp, to increase the latter's profitability, competitiveness and car making capabilities.
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