Global


Toyota plans to roll into China's EV market in GAC vehicle

Toyota is taking an unprecedented route to meet China's stringent green car quotas: Its showrooms will sell an EV without the Japanese company's triple-oval logo and instead will feature the label of GAC Motor, Toyota's China partner.

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MORE WORLD MARKETS NEWS ASIA CHINA WORLD CONGRESS
China in control as industry enters new era

China has been the world's biggest auto market since 2009, when it eclipsed the United States. But only recently has it reached a long-anticipated, and in many quarters, long-feared, tipping point.

Execs see partnership perks even as China opens market

International auto executives say they are in no rush to shake up their joint ventures with Chinese carmakers, despite Beijing's promise to loosen limitations on foreign investment. Regional bosses for Nissan, Ford and Toyota say they'll stick with partners for now.

China to scrap foreign ownership caps on automakers by 2022

The move is a major policy shift that will open the market wider to automakers such as Nissan and Tesla. It comes amid a trade standoff between Washington and Beijing, and signals the end of a 1994 rule in the biggest auto market that limits foreign automakers to a 50 percent share of any local venture.

Ford aims to rebuild trust with China partners as sales slip

After 20-odd years of "marriage" in China, Ford is preparing a product blitz and campaign to localize management to maintain and build trust with partners Changan Auto and Jiangling Motors Group. The goal: Reverse a sales slump and boost employee morale.


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