With fuel imports continuing to soar and international oil prices showing little sign of slowing, China has issued a new set of fuel efficiency standards for passenger vehicles. In the first... Read more

With car financing in China still in an embryonic stage, bank sources conceded that overdue car loans have already ballooned to RMB90 billion, a situation blamed on aggressive lending, poor... Read more

Shanghai Automotive Industry Corp (SAIC) appeared set to buy a 49% stake in South Korea's Ssangyong Motors, reports said. The deal would be the first major overseas acquisition by a Chin... Read more

Anhui province auto industry official Zhang Yi said discussions were ongoing with Pakistan regarding the construction of a car making plant on the subcontinent. Just this week, Chery Automob... Read more

Volkswagen began offering car loans through its China financing unit, saying the launch would help drive future sales and help it retain first place in China's auto sector. Financing now... Read more