The stockbroker is beating the car salesman in the battle for Chinese wallets.
An up-and-coming premium car brand in China, Infiniti just recorded its best May ever in the nation, with 50 percent year-on-year growth in sales volume.
Beijing authorities announced last week that they are making a plan to require new buildings include such charging posts in the future, to meet the government’s goal to popularize green travel.
Jaguar Land Rover and its joint venture appointed new senior executives for its integration organization following the resignation of the former president in April, while the two companies' performances declined further.
China is requiring from July 10 that car companies owning intellectual property rights of electric vehicles further their research and development to speed up EV technologies.
Automakers failed to jumpstart the slowing growth in car sales in China last month despite offering steeper discounts, as consumers opted to defer purchases and invest in the world's biggest stock-market rally instead.
The Middle East and North Africa region, or MENA, is poised for a 61-percent surge in the number of cars on city streets by 2020, with an expanding spare parts market attracting more Chinese investment.
Didi Kuaidi crashed into regulatory barriers in Beijing as the city's transportation authorities announced on Tuesday that private car owners that use Didi's platform to offer unlicensed taxi rides are violating regulations.
For the first time in 10 years, car imports have dropped in both demand and supply in the Chinese market.
The Tianjin commerce commission has recently released its pilot plan for the so-called parallel imports of autos in the China (Tianjin) Pilot Free Trade Zone, making it the second FTZ to give the go-ahead on the controversial program.
The 2015 Shenzhen-Hong Kong-Macao International Auto Show kicked off in Shenzhen, south China's Guangdong province on June 6, 2015. More than 1,000 new vehicles were on display during the exhibition.
China is set to regulate pure electric vehicle makers' production conditions from July 10 and encourage innovative companies to join the search and production. The future EVs should have a max speed faster than 100 km/h.
General Motors and its joint ventures saw record China sales of 1,472,186 vehicles in the first five months of the year, an annual increase of 5.1 percent, after drastic price cuts. However, sales in May dropped 4 percent year-on-year to 252,567.
The first batch of China-made Volvo S60 Inscription sedans will go on sale at dealerships in the United States in two months, marking the formal debut of luxury cars made in China in overseas markets.
Beijing announced it will adopt the national V emissions standard, the tightest one in China, for diesel-powered vehicles this month, becoming the first city in China to adopt standards for both gasoline and diesel-powered vehicles.
Tianjin announced it will adopt the national V emissions standard for gasoline vehicles in September.
Together with its joint ventures Shanghai Volkswagen and FAW-Volkswagen, Volkswagen delivered 3.7 million vehicles in China in 2014.
Toyota announced it will recall 7,340 units of the 2015 RAV4 that were manufactured between April 7 and May 7 of last year by Toyota's joint venture in China, according to China's quality watchdog.
The Middle East and North African (Mena) are poised to see their number of cars grow by 61 percent by 2020, and the expanding market of spare parts has been attracting more Chinese investment.
Porsche announced management changes in the sports car manufacturer’s sales regions and subsidiaries, with Franz Jung, 52, appointed as chairman of the executive board of Porsche China on June 1.
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