Market & Industry
Borgward plans to assemble EVs in Germany
Borgward plans to assemble EVs in Germany

Borgward, a storied German brand undergoing a revival with Chinese backing, plans to open a factory in Germany to build 10,000 cars a year.

Nov. 3 , 2016
Honda, GAC begin sales of China-only crossover
Honda, GAC begin sales of China-only crossover

Honda Motor Co. has launched sales of a crossover developed specifically for China -- part of the Japanese automaker's plan to stoke red-hot demand in that segment.

Nov. 3 , 2016
Volkswagen's China profit dips 0.5% in first 3 quarters
Volkswagen's China profit dips 0.5% in first 3 quarters

Volkswagen Group's operating profit in China slid 0.5 percent year on year to 3.6 billion euros (26.88 billion yuan) in the first nine months of this year, the German auto giant disclosed Thursday.

Nov. 3 , 2016
China’s Hexie Auto Invests on Developing GV Business in Jiang Xi Province
China’s Hexie Auto Invests on Developing GV Business in Jiang Xi Province

Shanghai Yiwei Industry Co., Ltd., held the signing ceremony where the company announced to launch project of producing 300 thousand units of green vehicles, in Shang Rao City, Jiang Xi Province, China, on October 30.

Nov. 2 , 2016
Honda's hot-selling Chinese crossovers boost profits, outlook
Honda's hot-selling Chinese crossovers boost profits, outlook

Honda Motor Co. raised its forecast for full-year profits as demand for Vezel and XR-V crossovers surged in China, the carmaker's second-largest market.

Nov. 2 , 2016
Listed auto companies’ performances in the previous three quarters: Chana ranking second in net profits
Listed auto companies’ performances in the previous three quarters: Chana ranking second in net profits

The passenger vehicle market has a steady sales volume in the previous three quarters, with the soaring financial performances for listed auto companies, in which SAIC Group ranks first with a net profit of RMB 23.09b But FAW car has a deficit of RMB

Nov. 1 , 2016