Sales of SAIC-GM-Wuling Auto (short for SGMW) were 195 thousand units in the Chinese market in October, with a monthly rise of 9% and a yearly rise of 13.8%, according to data from the company.
Nov. 4 , 2016
Nov 4 Japan's Suzuki Motor Corp willinvest about 100 billion yen ($970.97 million) in a second vehicle production line at its new plant in Gujarat, even before operations have begun, the Nikkei business daily reported on Friday.
Nov. 4 , 2016
Volkswagen (VOWG_p.DE) said the software allowing its diesel vehicles to evade emissions rules does not violate European law, as the carmaker aims to toughen its legal defenses in view of a possible rise in compensation claims in its home region.
Nov. 4 , 2016
A startup backed by Chinese technology giant Tencent Holdings signed an agreement with local government officials to produce electric vehicles in the east China city of Shangrao.
Nov. 4 , 2016
A year ago, the Chinese government halved the purchase tax for light vehicles with engine sizes of 1.6 liters and below. Sales subsequently jumped, as expected, but now the government faces a problem of its own making.
Nov. 4 , 2016
Renault-Nissan's low-cost electric-car program is aiming to sell an EV in China for about $8,000, CEO Carlos Ghosn said today.
Nov. 4 , 2016