News
United rules for driverless car eyed
United rules for driverless car eyed

CHINA will revisit in 2018 the standards for vehicle-to-vehicle communication that are vital for driverless cars and lay out a common national standard after that, the chief of the Society of Automotive Engineers of China (SAE-China) said yesterday.

Dec. 22 , 2016
VW seals US$1b agreement to settle claims in diesel case
VW seals US$1b agreement to settle claims in diesel case

VOLKSWAGEN AG has agreed to a US$1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States as the German automaker took new steps to put its emissions cheating scandal behind it.

Dec. 22 , 2016
Volvo Cars’preference shares sale a step toward listing
Volvo Cars’preference shares sale a step toward listing

GEELY’S Volvo Cars has raised 5 billion Swedish crowns (US$532 million) from a group of Swedish institutional investors in a step toward a listing of the Chinese-owned company.

Dec. 22 , 2016
Smart ForTwo engine fires probed by U.S. safety watchdog
Smart ForTwo engine fires probed by U.S. safety watchdog

The U.S. National Highway Traffic Safety Administration has opened a preliminary evaluation of complaints that Smart ForTwo vehicle engines catch fire and quickly consume the cars.

Dec. 22 , 2016
VW reaches agreement to fix, buy back 3.0-liter U.S. diesels
VW reaches agreement to fix, buy back 3.0-liter U.S. diesels

WASHINGTON -- Volkswagen Group has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting U.S. diesel vehicles as the automaker on Tuesday took new steps to put its emissions cheating scandal behind it.

Dec. 22 , 2016
SAIC adjusts MG’s brand position of commonly unique one
SAIC adjusts MG’s brand position of commonly unique one

Reporters learn that SAIC passenger vehicles’ total sales exceed 300,000 units till December 14th, 30% higher than annual sales target.

Dec. 21 , 2016