Fraudulent use of government incentives knocks the wind out of new energy vehicle market's sails.
BMW Group maintained its No 2 position in the world's largest market with a year-on-year surge in sales approaching 10.6 percent in the first three quarters of this year.
China's car ownership reached 190 million by the end of September, with total motor vehicles numbering 280 million, the Ministry of Public Security said Friday.
Chinese billionaire Li Shufu will test whether there's room for another global car brand by introducing a new marque next week, built on technology jointly developed by his two car companies, Geely Automobile Holdings Ltd and Volvo Cars.
The government will expand a pilot program to diversify vehicle import channels to boost domestic consumption and will improve the service sector, the State Council decided on Friday at an executive meeting.
In Boston Consulting Group's tenth annual global survey of the state of innovation, there was only one carmaker from China, BYD Co, among the most innovative automotive companies in the list.
Chinese electric vehicle manufacturer BYD is building a bus factory in Hungary, in the northern town of Komarom, which is to be the first of its kind on the European continent.
Czech automaker Skoda Auto is starting an SUV offensive, with its seven-seat Kodiaq as the spearhead, to boost sales in China and other major markets.
New energy vehicles are increasingly taking center stage in the automotive world, with several major automakers announcing their electric car strategies at the ongoing Paris auto show.
General Motors generates $1 billion in pretax profit a month. Yet the stock market seems unimpressed, assigning the company a market value of just $50 billion.
China's vehicle parallel import business dragged down prices and maintained luxury car sales volume, while the high-end market has cooled over the past several years.
Online chauffeured car hailing platforms' development may slow down in the tough days ahead, as major Chinese cities squeeze out the popular compact vehicles from business.
The number of Chinese enterprises participating in Automechanika Frankfurt has been increasing over the last few years.
Shandong Xindayang Electric Vehicle－maker of the ZD mini electric vehicle－said it is moving into the fast lane to promote and expand its time-sharing rental business in Europe.
Czech automaker Skoda Auto has become a shareholder of SAIC Volkswagen which has been localizing its cars since 2007, said its CEO Bernhard Maier.
Volkswagen AG has built a company dedicated to mobility service as part of its goal to stay competitive as it has been, said a senior executive of the German car giant on Sept 29, the eve of the Paris auto show.
GAC Motor Co Ltd on Wednesday began major renovations of its assembly plant in Hangzhou, capital of Zhejiang province, in a push to expand production capacity following substantial sales growth.
French car maker Renault announced Sunday it will set up an autonomous driving demonstration zone in central China's Wuhan city to promote the new technology.
Thirty local dealers are seeking compensation from Hyundai Motor Group (China) Ltd for losses totaling $90 million, which relates to the South Korean automakers' alleged premeditated plan to shut down the network for imported cars.
Volkswagen AG faces Germany's biggest investor lawsuit, as attorneys filed complaints totaling $9.2 billion related to the diesel emissions scandal that wiped out a third of the company's market value.
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