General Motors said it would launch two new made-in-China cars under the Chevrolet brand in February, boosting its offering in an increasingly competitive market. The new small and mid-size... Read more
Japanese automaker Mazda said it was launching a US$12m sales and distribution venture in China with First Auto Works Group. Mazda, which is one-third owned by the Ford Motor Co, said it wou... Read more
German carmaker BMW announced it was slashing the price of its China-made sedans by up to US$12,080 as part of an effort to boost flagging sales. The company said it was making the move, cut... Read more
Shanghai Automotive Industry Corp (SAIC) may be looking to reduce the scale of its Hong Kong IPO by up to 50% to around US$1bn, a report said. The Financial Times quoted the company as sayin... Read more
A senior executive from General Motors dismissed a recently announced venture to bring Chinese vehicles to the United States, saying Chinese-made cars are not ready to compete in the US mark... Read more
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