STUTTGART – Porsche said in a statement on March 29 that it will begin shipping cars made in Germany to China via rail transport in addition to the normal sea transportation, cutting shipment to just 20 days.
The move means that some vehicles will travel to customers in China via the Read More
BEIJING – BAIC Motor, the Hong Kong-listed subsidiary of BAIC Group, said in a statement on March 26 that it and partner Daimler AG will inject $892.84 million in further capital into their joint venture, Beijing-Benz Automotive Co., Ltd. (BBAC).
Upon completion of the capital increase, the registered capital of BBAC Read More
SHANGHAI – WM Motor said in a statement on March 8 that it has secured a ¥3 billion financing round led by Baidu and participated by Taihang Industrial Fund and Linear Venture, among others. The latest financing round puts the valuation of the Chinese smart EV startup at more than Read More
BAODING, Hebei – Haval, Great Wall Motor’s dedicated SUV brand, announced its 521 strategy at the grand ceremony it held here on January 13 to celebrate its global sales topping 5 million units.
By the end of 2018, cumulative global sales of Haval SUVs had exceeded 5 million units, which made Read More
SHANGHAI – For BMW Group, January 16 turned out to be a day of “lucky 777s” in China.
The German premium carmaker announced at the world premiere of the new BMW 7 Series in Shanghai that the BMW X2 will later this year become the seventh BMW model to go into Read More
HANGZHOU – Geely Auto Group, the subsidiary of Geely Holding Group that manufactures and sells vehicles under the Geely Auto brand, plans to launch its first Coupe SUV in Q2 2019.
The company previewed the model – codenamed FY11 – on January 2. It is the first Geely product based on Read More
PARIS – GAC Motor’s All-New GS5 SUV is set to make its global debut at the upcoming Paris Motor Show on October 2 as the Chinese automaker continues to embark on a path to go international. GAC Motor will be appearing at the 120-year-old Paris Motor Show for the first Read More
[ Featured Image ] Jim Farley, executive vice president and president of global markets, Ford Motor Company (right), and Ying Jianren, chairman of Tech-New Group Ltd., the parent company of Zotye Auto (left), witnessed the signing of a JV contract to establish Zotye Ford Smart Mobility Technology Co., Ltd. Peter Read More
RIZHAO, Shandong – Great Wall Motor Co., Ltd. held a product introduction conference here and announced its vehicle production project in the city on September 16.
As introduced at the conference by Michael Ning (Ning Shuyong), vice president of Great Wall, the Rizhao plant, to be the fifth production base of Read More
Joachim Drees, Cai Dong and Andreas Renschler
HANNOVER – TRATON AG, the recently formed wholly-owned commercial vehicle subsidiary of Volkswagen Group combining the MAN, Scania, Volkswagen Caminhões e Ônibus and RIO brands, signed a strategic cooperation deal with China Heavy-Duty Truck Corp. (CNHTC) here on September 18 to establish a joint Read More