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Business / Latest Motoring News

Road-test ban may set back self-driving car

[2016-07-29 08:04]

Chongqing Changan Automobile Co, the Chinese automaker that completed a 1,931-kilometer trek with a self-driving car earlier this year, has postponed public road tests in response to a regulatory ban it said could impede efforts to develop autonomous vehicles.

China recalls 9 million cars in 7 months, a historic high

[2016-07-29 07:53]

China has recalled nearly 9 million cars with potential safety risks since the beginning of the year, a historic high and more than twice as many as the same period last year.

Tesla opens Gigafactory to expand battery production, sales

[2016-07-29 07:13]

It's Tesla Motors' biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world's production of lithium-ion batteries.

Emerging sectors driving growth of GDP in capital

[2016-07-28 07:54]

Emerging industries such as auto manufacturing and pharmaceuticals carried the capital's gross domestic product growth in the first half of the year, amid a weak performance from the real estate sector.

Unmanned metro to launch in 2017

[2016-07-28 07:54]

Beijing plans to unveil the country's first self-developed fully automatic subway next year, with the scheduled opening of the Yanfang Line.

Standards for smart driving on the way

[2016-07-25 09:03]

China is about to unfold its road map for intelligent connected vehicle development, in the expectation of regulating and standardizing the burgeoning sector, and helping local car makers and related companies head forward speedily.

Three US states sue VW, say execs covered up diesel cheating

[2016-07-25 09:02]

Senior executives at Volkswagen AG, including its former chief executive, covered up evidence that the German automaker had cheated on US diesel emissions tests for years, three US states charged on Tuesday in civil lawsuits against the company.

NEV makers short of cash in tricky market

[2016-07-25 08:06]

Chinese new-energy vehicle makers are seeking more funds to support their expensive operations, as the small volume of sales generates no economy of scale, despite subsidies from both central and local governments.

Door opens for removal of stake caps for carmakers

[2016-07-25 08:06]

China is allowing foreign auto-parts makers to conduct research and production in the country without partnering with local companies in a trial move experts believe may signal the imminent removal of investment restrictions on international carmakers.

High recalls no cause for alarm

[2016-07-25 08:05]

Zhou Lei, an independent auto analyst in Beijing, said the rise in the number of cars recalled did not necessarily mean that more cars are shoddily made.

Samsung pays $449m for stake in BYD

[2016-07-23 08:22]

Samsung Electronics Co Ltd bought a $449 million stake in Chinese electric-car maker BYD Co Ltd, which is backed by US billionaire investor Warren Buffett's Berkshire Hathaway Inc.

Squeezed in sedan, Chinese families with more kids look to MPV

[2016-07-22 10:39]

Sedans may no longer be the automobile of choice for Chinese families who believe they need more seats to fit in more family members now that the one-child policy is a thing of the past.

General Motors 2Q profit sets record

[2016-07-22 10:10]

General Motors announced that it earned $2.87 billion in profits in the second quarter of this year, more than doubling its earnings in the same period of last year and setting a post-bankruptcy record.

Tesla gears up for trucks and buses

[2016-07-22 07:21]

Elon Musk unveiled his master plan for Tesla Motors Inc, delivering a long-term vision that includes making an integrated solar and battery storage system and building a freight truck and a bus.

MIIT rules out unregulated driverless car tests

[2016-07-21 17:29]

China is formulating rules for governing the testing of autonomous vehicles on the country's highways, according to bloomberg.com, citing an official from the auto industry regulator.

'Worst is over' for luxury Infiniti brand

[2016-07-20 07:16]

Infiniti brand, which lost its China head to a startup and saw deliveries slump in the country, will regain growth in the world's largest auto market in the second half of the year, said its top executive.

Subsidies drive new energy car sales in China

[2016-07-19 14:31]

Favorable policies are driving new energy car sales in China.

Jinheng builds new air bag plant to meet demand

[2016-07-19 10:38]

Jinzhou Jinheng Automotive Safety System Co, one of China's leading air bag manufacturers, announced it will set up a new plant to meet the increasing safety demands of local consumers.

Top 10 2016 Red Dot Award winning car makers

[2016-07-19 06:55]

The winners of the most prestige product design awards, Red Dot, were unveiled in earlier this month in Germany. The top award, Red Dot: Best of the Best, went to three models by Ferrari, McLaren and Kia. A total of 10 carmakers received Red Dot: Best of the Best, and Red Dot awards.

Hyundai imports dealers join hands to demand compensation

[2016-07-18 10:57]

After suffering years of losses, Hyundai Motor's imported car dealers across the country have joined hands to seek compensation from the automaker, claiming it had failed to offer sufficient products.

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