Guangzhou Automobile Group is planning to list on the domestic A-share market before the end of the year, a company executive told state media. The executive gave no further details of the l... Read more
In August growth in car sales went almost completely flat, with volume rising just 0.1% year on year, piling manufacturers' rising inventories even higher. August marked the sixth straig... Read more
Volkswagen launched its wholly-owned auto finance unit, Volkswagen Finance (China), with start-up funds of RMB 500 million (US$60 million) to sell retail loans to car buyers. VW is the only... Read more
Volkswagen AG's main Chinese joint venture, First Automotive Works (FAW) in Shanghai, saw August sales fall 7.1%, compared to July, to 26,034 units, VW reported. But sales at its JV in C... Read more
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