Prices of domestic automobile prices will continue to decline in 2005 as supply continues to exceed demand, state media reported, citing a government report. Despite this trend and the risin... Read more
China's domestic auto output remained nearly flat, rising 0.62% in January compared to December, while sales declined 25% to 243,100 units from December, according to an industry trade g... Read more
Volkswagen AG, Europe's largest carmaker, blamed falling sales in China as one of the main causes behind its third consecutive decline in annual profit worldwide. China remains VW's... Read more
China's luxury car market dipped sharply in 2004, Xinhua reported, with sales of German automakers Audi and Mercedes-Benz both falling well short of company targets. Audi, part of the Vo... Read more
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