China

Hyundai, Kia replace China executives after sales slump

11:12 am U.S. ET | Aug. 18, 2015

Hyundai and sister automaker Kia replaced three China executives, the South Korean carmaker said today, after sales skidded in the country, the group's largest market.... Read More »

Has the Taurus comeback story come to an end?

12:01 am U.S. ET | Aug. 17, 2015

The Taurus, a once-revolutionary nameplate that Ford already killed off once, until Alan Mulally arrived and gave it new life, again has an uncertain future, at least on this side of the globe.... Read More »

Will U.S. get Buick made in China?

12:01 am U.S. ET | Aug. 17, 2015

In 2013, GM polled some U.S. Buick dealers about their volume and model-mix expectations for a new vehicle: a compact crossover that has since been launched in China as the Buick Envision. It's two years later and there's no U.S. Envision, leaving industry watchers and dealers scratching their heads.... Read More »

Saab owner will develop green cars with China's Dongfeng

Aug. 17, 2015 12:50 CET

China's Dongfeng and National Electric Vehicle Sweden (NEVS), which bought Saab Automobile in 2012, have signed an agreement to jointly develop green cars. NEVS will also help Dongfeng to develop its own brand cars to meet regulations and technical specifications of overseas markets including Europe and North America.... Read More »

VW says 2,700 cars damaged in China port blasts

Aug. 17, 2015 12:15 CET

VW said about 2,700 of its imported cars were damaged in last week's blasts at China's largest port for vehicle imports. Toyota said evacuation orders in the area have halted three of its production lines.... Read More »

Siemens CEO sees German car industry slowing in 2016

Aug. 17, 2015 06:01 CET

Germany's exporter-heavy auto industry could be poised for a slowdown next year as demand in foreign markets slows, Siemens CEO Joe Kaeser said in a newspaper interview. "I would not be surprised if we see a darkening in the automobile sector in 2016 or 2017," Kaeser said.... Read More »

Inferno aftermath

12:01 am U.S. ET | Aug. 17, 2015

Global automakers including Volkswagen, Hyundai and Toyota were scrambling last week to assess the damage from a pair of chemical explosions that ripped through the port area of Tianjin, China's largest auto import hub.... Read More »

Toyota loses China output as plants stay shut on Tianjin blasts

10:42 pm U.S. ET | Aug. 16, 2015

Toyota will lose its biggest source of car production within China for at least three days, as automakers struggle to assess the damage of last week's explosions in the port city of Tianjin.... Read More »

Toyota says more than 50 staff injured in China port explosions

6:28 am U.S. ET | Aug. 14, 2015

Toyota said today more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people. Several other automakers including Volkswagen and Hyundai scrambled to assess damage to their cars and facilities at China's largest auto import hub.... Read More »

Mercedes' China surge pushes it past BMW, Audi in July

Aug. 14, 2015 11:55 CET

Mercedes sold more luxury cars worldwide than the Audi and BMW brands in July as its rising deliveries in China defied a market slowdown there. Mercedes' surge left it just 272 units behind Audi after seven months for second place in the global premium-car sales race.... Read More »

Thousands of vehicles burned in fatal blast at China port

11:35 am U.S. ET | Aug. 13, 2015

Thousands of vehicles made by at least four automakers were destroyed by a fiery factory explosion in the Chinese city of Tianjin, Chinese media reported. About 50 deaths and 700 injuries were reported. VW, Hyundai-Kia, Renault, and Toyota all lost cars in the explosion, reports said.... Read More »

Former FAW Group boss expelled from Communist Party

Aug. 13, 2015 11:21 CET

Xu Jianyi, the former chairman of China's FAW Group Corp., which makes cars with VW Group, Toyota and GM, has been expelled from the ruling Communist Party, an anti-graft agency said on Thursday.... Read More »

BMW sales rise 5.6% as Europe offsets China slump

Aug. 12, 2015 12:35 CET

BMW Group said on Wednesday that deliveries of its Mini, BMW and Rolls-Royce cars rose 5.6 percent to 173,195 in July to a new record as demand in Europe offset falling sales in China and the U.S.... Read More »

Mercedes R class production launched at AM General

1:01 pm U.S. ET | Aug. 11, 2015

AM General today launched production of the Mercedes-Benz R class at its assembly plant in Mishawaka, Ind. The agreement with Mercedes-Benz makes AM General the German automaker's first U.S.-based contracted manufacturer.... Read More »

China auto sales slump to 17-month low despite price cuts

6:58 am U.S. ET | Aug. 11, 2015

Chinese consumers bought the fewest passenger vehicles in 17 months in July, extending a slump in the world's largest auto market as deeper discounts failed to revive demand.... Read More »

Lear keeps investment plan unchanged in China

11:35 am U.S. ET | Aug. 11, 2015

Of the challenges facing global automakers in China, the recent downturn of the country's stock market is relative small potatoes, a top U.S. auto supplier executive says. That is because the big sell-off hurts just a tiny sliver of the country's car-buying customer base, said Jay Kunkel, Asia Pacific president of seat and electronics at Lear.... Read More »

Ford hires exec who helped build up Buick in China

6:27 am U.S. ET | Aug. 11, 2015

A former GM sales and marketing executive, Joseph Liu, has joined Ford's China unit -- a move ex-colleagues of the auto industry veteran describe as a big gain for Ford.... Read More »

China car sales dip to 17-month low in July

Aug. 11, 2015 11:09 CET

New-car registrations in China fell 2.5 percent in July, the lowest monthly sales level since February 2014 despite deep price cuts. China's near 2 percent devaluation of the yuan today put additional pressure on profits at foreign carmakers.... Read More »

Is look-alike a good thing for the Evoque?

12:01 am U.S. ET | Aug. 10, 2015

That oft-discussed Chinese SUV that resembles the Range Rover Evoque so much went on sale in China last week at about a third of the price of its doppelganger. Jaguar Land Rover fears the cheap lookalike will make it harder for the Evoque to command a premium price in China's softening market. However, at least one analyst thinks the Land Wind X7 may be a good thing for the Evoque.... Read More »

Automakers fear profit hit as China's price cuts worsen

Aug. 10, 2015 14:53 CET

Recent price cuts -- which some are calling the worst in China's auto history -- were unexpected and are now causing the industry to worry that a damaging price war will ravage profit margins.... Read More »

Tata Motors shares fall on JLR concerns

Aug. 10, 2015 11:51 CET

Tata Motors' share price fell in trading on the Mumbai market today on concern that luxury unit Jaguar Land Rover will face more pressure in China.... Read More »

China investigates auto industry for consumer rights violations

Aug. 10, 2015 11:31 CET

China has launched a new investigation into the auto industry to identify possible infringements of consumer rights, dissemination of false or misleading publicity, violation of registered trademarks and bribery in commercial transactions.... Read More »

VW starts work on 5th plant in China despite economic slowdown

Aug. 9, 2015 06:01 CET

Volkswagen is pushing ahead with expansion of its manufacturing capacity in China despite the recent slowdown in vehicle sales. Construction work has started on a plant in the east China port city of Qingdao.... Read More »

Tata Motors quarterly profits plunge on lower JLR China demand

6:50 am U.S. ET | Aug. 7, 2015

Tata Motors quarterly profits plunged as demand for Jaguar Land Rover vehicles slumped in China amid a market slowdown.... Read More »

GM July sales drop 4% in China, but margins hold up

7:10 am U.S. ET | Aug. 6, 2015

General Motors sales in China fell 4 percent year-on-year in July but the U.S. automaker said it remained on track to achieve an upbeat goal for profit margins this year in its second-largest market.... Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read