Japanese automakers are bracing for a potential consumer backlash should tensions with China escalate after Prime Minister Shinzo Abe visited a shrine memorializing those killed by war on Chairman Mao Zedong's birthday.
Dec. 30 , 2013Volkswagen AG is poised to sell more vehicles in China than General Motors for the first time in nine years, regaining its place as the biggest foreign carmaker in the world's largest auto market.
Dec. 27 , 2013Daimler AG will decide next year whether to build a second car factory in North America to take advantage of the sales momentum at its Mercedes-Benz brand in the U.S., its biggest market.
Dec. 27 , 2013The Brazilian government said on Tuesday it will gradually roll back tax breaks on cars next year amid worries from producers that higher duties could hit sales in the South American country.
Dec. 26 , 2013General Motors' (GM.N) European unit Opel is cautiously optimistic that sales will grow enough in 2014 to avoid a further round of cost cutting, Chief Executive Karl-Thomas Neumann told newspaper Sueddeutsche Zeitung.
Dec. 26 , 2013Automobile company stops to shout “wolf coming” any more, when purchase restriction policy come out. With fast growth industry background, single city automobile purchase restriction does not attract much attention as before.
Dec. 26 , 2013