Shanghai Automotive Industry, China's second-largest carmaker, said yesterday that sales in the first nine months jumped 41.7 percent. The firm sold 419,000 cars from January to Septembe... Read more

Overcapacity will be a major factor in the Chinese motor manufacturing industry in the next two years, according to auto industry consultants in KPMG's financial advisory services. Paul... Read more

Car giant DaimlerChrysler has signed a new agreement with its joint venture partner Beijing Automotive Industry Holding Co, the New York Times said. Under the deal, the venture will build a... Read more

Vehicle exports soar Vehicle exports grew 232 per cent year-onyear to reach US$239m in the first eight months of this year, according to Customs data. The two biggest categories were special... Read more

Taiwan's Formosa Automobile Corp (FAC) was reported by industry sources to be close to setting up a 200,000 units-a-year car plant in Ningbo, Zhejiang province. FAC was set up in 1998 by... Read more