Beijing has cleared Guangzhou Automobile Industrial Group to proceed with negotiations with Toyota Motor over a proposed joint-venture car-making plant, Guangzhou city officials said. Offici... Read more
Even well-sprung luxury motors have been feeling the speed bumps laid down by Beijing credit squeezers. BMW and H-share Brilliance China Automotive Holdings managed to sell only 1,907 top-en... Read more
Ford Motor reported that its credit unit received initial approval from the China Banking Regulatory Commission to provide auto loans, giving the green light to plans to offer financing to b... Read more
Shanghai Automotive Industrial Corp (SAIC) plans to acquire a 48.9% share of South Korea-based automaker Ssangyong Motor for US$500 million by September. The bid rests on gaining approval fr... Read more
Ford Motor plans to build a factory to produce cars with affiliate Mazda Motor in Nanjing, Jiangsu province. Ford signed the deal with Chinese partner Changan Ford Automobile. The plant will... Read more
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