China

China's BAIC in talks to take Daimler stake, report says

Aug. 27, 2015 11:09 CET

Chinese automaker BAIC Motor is in talks with Daimler about taking a stake in the German luxury carmaker, Reuters reported. If a deal is completed BAIC will become one of Daimler's top shareholders after Kuwait and Renault-Nissan.... Read More »

Toyota poised to restart production at China plant

10:22 am U.S. ET | Aug. 27, 2015

Toyota said it will restart work today at China plants that were shut after explosions in the city of Tianjin. Workers at two lines in the Tianjin Economic Technological Development Area were expected to return today and start preparation to begin production on Friday, Toyota said in an e-mailed statement.... Read More »

China's luxury shoppers hit pause amid roiling markets

7:40 am U.S. ET | Aug. 27, 2015

The rout in China stocks is posing another threat to the world's biggest car market, jeopardizing growth plans for companies from Volkswagen AG to General Motors.... Read More »

Toyota poised to restart production at China plant shut in blast

6:28 am U.S. ET | Aug. 26, 2015

Toyota said it will restart work Thursday at China plants that were shut after explosions in the city of Tianjin.... Read More »

EDWARD NIEDERMEYER

China meltdown has burned global carmakers

3:45 pm U.S. ET | Aug. 25, 2015

When a chemical warehouse in Tianjin, China, exploded this month, destroying some 10,000 parked vehicles, cynics suggested that the disaster might actually be for the best, given the massive glut of unsold cars sitting on Chinese lots.... Read More »

Daimler still positive on China business despite stock market rout

Aug. 24, 2015 15:36 CET

Mercedes-Benz owner Daimler is counting on China to be a leading driver of car sales growth this year despite the country's stock market turmoil. The automaker expects vehicle ownership levels to rise and will continue to invest more in compact cars in the market where it has been adding dealerships, Hubertus Troska, head of Daimler China, said.... Read More »

Daimler 'still confident' in China sales outlook after market plunge

8:19 am U.S. ET | Aug. 24, 2015

Daimler AG, counting on China to provide the most fuel for car demand growth this year, pledged to keep up its investments after the country's biggest stock-market rout since 2007.... Read More »

Toyota extends halt in Tianjin operations through Wednesday

6:37 am U.S. ET | Aug. 24, 2015

Toyota said its operations near the Chinese port of Tianjin will remain shut at least through Wednesday due to safety concerns as fires continue to break out at the site of last week's deadly chemical explosions.... Read More »

GM, Ford use 'veiled threat' of imports to gain leverage with UAW

7:02 am U.S. ET | Aug. 21, 2015

GM and Ford are contemplating building cars with lower-paid workers in Mexico and China, a strategy that would improve their hand in contract talks as the UAW seeks higher pay. The automakers and union are in their final weeks of talks to replace four-year contracts that end Sept. 14.... Read More »

VW trims Chinese plant workload as new sites go on stream

Aug. 21, 2015 12:46 CET

VW said average utilization at its Chinese factories will fall as overall production capacity increases with the opening of new plants. The automaker denied it plans to reduce output of key models in China by between 10 percent and 20 percent.... Read More »

Jaguar Land Rover assesses damage to vehicles caught in blasts at China port

Aug. 21, 2015 13:35 CET

Jaguar Land Rover owner Tata said that 'many' of the 5,800 Jaguar and Land Rover vehicles it had at Tianjin port in China were likely to have been damaged in the recent chemical explosions that killed more than a hundred people.... Read More »

YANG JIAN

BLOG: Why the Chinese market rout is hitting global auto brands

5:04 am U.S. ET | Aug. 21, 2015

The Chinese government's decision to allow small- and medium-sized businesses to list on the stock market produced a rout that wiped out the wealth of middle-class consumers, the main customers for global automakers.... Read More »

YANG JIAN

BLOG: Why the Chinese market rout is hitting global auto brands

5:04 am U.S. ET | Aug. 21, 2015

The Chinese government's decision to allow small and medium-sized businesses to list on the stock market produced a rout that wiped out the wealth of middle-class consumers, the main customers for global automakers.... Read More »

Former Ford Europe COO tapped to recruit for U.S.-Chinese EV startup

2:58 pm U.S. ET | Aug. 20, 2015

Martin Leach, former COO at Ford of Europe, is recruiting staff for a new electric car manufacturer based mainly in China and California. Leach declined to say which company is backing the new venture, but said, "It is not a company with a background in the car industry."... Read More »

Toyota extends halt in Tianjin operations on safety concerns

7:04 am U.S. ET | Aug. 19, 2015

Toyota said today its operations near the Chinese port of Tianjin will remain closed at least until Sunday, extending a suspension originally set through Wednesday, due to safety concerns after last week's deadly chemical explosions in the area.... Read More »

Global automakers divert shipments from China's Tianjin port after blasts

Aug. 19, 2015 12:52 CET

BMW, Volkswagen, Toyota and Renault are among global automakers switching to ports in Shanghai and other locations from Tianjin after massive explosions last week disrupted operations indefinitely at China's largest auto import hub.... Read More »

UAW calls potential China-made Buick 'alarming'

11:45 am U.S. ET | Aug. 18, 2015

The UAW is criticizing the prospect of General Motors importing a Buick crossover from China, calling the potential move "alarming."... Read More »

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 »

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