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Roundup: Auto industry insiders highlight interdependence between China, Europe
The interdependence between China and European automakers plays a crucial role as the industry gears up to transition towards sustainable mobility, industry insiders from the two sides said here on Thursday.
April26,2024
U.S., European protectionism against China's auto industry will hurt their long-term development: spokesperson
Trade protectionist measures taken by the United States and Europe will hurt their own long-term development and encumber the progress and prosperity of the world, a Chinese Foreign Ministry spokesperson said here Tuesday.
February21,2024
World Insights: With record sales, Chinese automakers win Russian market
Russia has seen continuous growth in Chinese car sales in recent years. Chinese cars are known for their affordability and increasingly competitive quality, which has contributed to their growing popularity among local consumers.
January22,2024
German auto industry expert: Chinese are years ahead of us
German auto industry expert Ferdinand Dudenhöffer believes that Chinese manufacturers are years ahead of the German car giants, which is why he hopes to see collaboration between the brands.
November01,2023
China's auto industry embraces change as local brands seize NEV opportunities
This year has seen a new trend in China's auto market: The sales of new energy vehicles (NEVs) from domestic automakers such as BYD and GAC Aion continue to rise, while joint venture brands face a decline in sales or even suspended production.
October27,2023
Intelligent connected vehicles set trends for auto industry
Customer preferences for enhanced driving and passenger experiences, characterized by robust performance, attractive aesthetics, longevity and intelligence, were evident at the 2023 World Intelligent Connected Vehicles Conference (WICVC), which concluded on Sunday.
September27,2023
EconomyInFocus | China's auto industry witnesses high-quality growth
The five millionth new energy vehicle (NEV) produced by China's leading NEV manufacturer BYD rolled off the production line on Wednesday.
August11,2023
Stellantis will benefit from the reallocation of NRRP funds for car production in Italy, as Italian Minister Urso aims for a pact with the unions by mid-August
The Ministry of Enterprises and Made in Italy is holding a series of discussions on the future of the automotive sector. Part of the funds could come from REPowerEU, as the goal is to produce 1 million cars per year in Italy.
July26,2023
China's auto industry logs robust growth in January-May
China's automobile industry registered steady expansion in terms of production, revenue and profit during the first five months of this year, industry data showed.
July23,2023
Chinese electric car brands set sights on Europe
Chinese auto makers have set their sights on the European electric car market, with one third of companies exhibiting at the Automobile Barcelona show this week coming from China.
May17,2023
Interview: Chinese carmakers gather steam as innovation thrives, expert says
Three Chinese auto brands were among the top 10 most "future-ready" carmakers, reflecting a rise of Chinese players as the industry pivots toward new capabilities, such as chipset design and software, an expert said here Tuesday.
May17,2023
Economic Watch: Foreign capital spurs new vitality in China's auto industry cradle
Robot couriers shuttle inside a German production workshop in northeast China's Jilin Province, where only a few workers operate a bustling production line churning out e-mobility products.
April23,2023
China's auto industry sees steady M&A progress in 2022: PwC
China's auto sector continued to catch capital's attention in 2022, with the merger and acquisition (M&A) amount exceeding 371.4 billion yuan and 666 M&A transactions made, up 1 percent and 22 percent from 2021, respectively, reported China Securities Journal Thursday quoting a report by global auditing and consultancy firm PwC.
April07,2023
China's production, sales of NEVs to maintain rapid growth in 2023: MIIT
China's production and sales of new energy vehicles (NEVs) is likely to maintain a rapid growth in 2023, according to a projection made public by the Ministry of Industry and Information Technology (MIIT) on Wednesday.
February10,2023
GLOBALink | Booming auto industry in China's Changchun attracts German companies
Despite the COVID-19 pandemic, many German companies are tapping into the Chinese market, and foresee long-term success, given China's promising economic prospects and sound business environment.
January10,2023
German auto industry confidence improves, outlook uncertain
German automakers' sentiment turned positive at the end of 2022, but the overall business situation was strained for both manufacturers and suppliers, and expectations for the coming months remain cautious, survey results from the ifo Institute showed.
January09,2023
Foreign auto firms see rising investment in China, bullish on Chinese market
As one of the most dynamic and promising mobility markets in the world, China, in both terms of sales and production, is attractive to foreign auto companies to further increase long-term investment, which helps the country's auto industry to better interact with the world, promoting high-quality development of the sector.
January06,2023
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
Economic Watch: China's major auto cluster in high gear on road to economic recovery
Located in southeast Shanghai, U.S. carmaker Tesla's Shanghai Gigafactory is bustling with production activity as it has returned to full production capacity by early June following a disruption due to COVID-19 resurgence.
June29,2022
Digitalization empowers China's auto industry with more opportunities
Digitalization has provided China's automobile industry with more opportunities to strengthen its resilience, battle risks, and identify growth potential.
June27,2022
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