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Carmakers continue to post record profits
The world's largest automakers are continuing to post record profits, according to a study by consulting firm EY.
December07,2022
German carmaker BMW starts production of fuel cells
German carmakers Mercedes-Benz and Audi are focusing entirely on the battery-powered electric car for the future - but BMW is also investing in the hydrogen-powered car alongside it.
September01,2022
Global luxury carmakers bet on China's NEV market
Global luxury carmakers attending the third China International Consumer Products Expo have set their sights on the world's largest new energy vehicle (NEV) market.
April17,2023
Global carmakers vie for China's vast auto market
The 19th China Changchun International Auto Expo that kicked off on Friday in Changchun, capital of northeast China's Jilin Province, has attracted tens of thousands of automobile enthusiasts.
July18,2022
Carmaker BYD launches car app development platform
Chinese carmaker BYD rolled out an open platform for developing applications for smart cars on Wednesday at a developer conference held in Shenzhen city, south China.
September06,2018
Carmaker BYD to build NEV base in east China
Leading Chinese new energy vehicle (NEV) maker BYD will set up an industrial base for passenger vehicles and key components in the city of Changzhou, east China's Jiangsu Province.
April28,2019
German carmaker Daimler announces corporate re-organization
German carmaker Daimler AG announced a far-reaching re-organization of its corporate structure on Monday.
October17,2017
German carmaker Daimler announces corporate re-organization
German carmaker Daimler AG announced a far-reaching re-organization of its corporate structure on Monday.
October17,2017
Malaysian carmaker Proton launches new car with Geely partnership
Malaysian national carmaker Proton rolled out the X50 Sports Utility Vehicle (SUV) on Tuesday from the partnership with China's Geely.
September16,2020
Evergrande's carmaking arm secures 500-mln-USD strategic investment from UAE-based auto maker NWTN
Evergrande Auto, Evergrande's carmaking arm, announced on Monday that it secured a 500-million U.S. dollars strategic investment from an eco-conscious mobility technology company NWTN Group, which is headquartered in Dubai, United Arab Emirates (UAE).
August15,2023
German carmaker Audi builds new technology campus in Ingolstadt
The foundation stone for a large technology park in the German city of Ingolstadt has been laid by Bavarian premier Markus Soeder, Audi production manager Peter Koessler and mayor Christian Loesel.
May15,2019
Apple, carmakers lower prices after VAT reduced
As a new round of value-added tax rate cuts were implemented starting May 1, Apple Inc and some major automakers cut their product prices in China.
May03,2018
BMW boss says carmaker wants 20-percent reduction in CO2 emissions
German carmaker BMW wants to reduce its carbon dioxide emissions by 20 percent in the coming year in order to meet new EU environmental regulations, board chairman Oliver Zipse said on Wednesday.
February19,2020
German carmaker Audi to reopen main plant at end of April
German luxury carmaker Audi plans to restart production at its main plant in Ingolstadt in Bavaria at the end of April, a spokeswoman said on Thursday.
April17,2020
German carmaker Audi sees turning point in Chinese car sales
Audi said on Thursday that its Chinese car sales had improved again following the recently resolved dispute between the German car manufacturer and its network of dealerships in China.
June09,2017
German luxury carmakers see Q2 sales fall, but China provides boost
Germany's three main luxury carmakers posted declines in sales in excess of 20 per cent for the second quarter on Tuesday and Wednesday, driven by sharp falls in US and European markets resulting from the novel coronavirus pandemic.
July10,2020
Chinese carmaker launches electric car in Indonesia
SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer, through its local unit SGMW Motor Indonesia (Wuling), on Monday launched here its production of the electric vehicle in Indonesia, named Wuling Air EV.
August09,2022
Chinese market becomes "most important pillar" for German carmakers in Q2: Ernst & Young
Three major German carmakers of Volkswagen, BMW and Daimler had reported more sales in China with a year-on-year increase of five percent in the second quarter (Q2) of 2020, according to a study published by global consulting firm Ernst & Young (EY) on Wednesday.
September10,2020
Chinese carmaker BAIC posts robust sales growth in 2023
Chinese automaker Beijing Automotive Group Co., Ltd. (BAIC Group) sold some 1.7 million vehicles in 2023, a robust year-on-year growth of 17.6 percent, the company said on Saturday.
January29,2024
(CIIE) German carmakers affirm commitment to Chinese market
German automakers including Volkswagen, Mercedes-Benz and BMW have demonstrated their commitment to the Chinese market by participating in the China International Import Expo (CIIE) for the fifth straight year.
November10,2022
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