Chinese auto manufacturer Geely Holding has purchased a $9 billion stake in Daimler AG, making it the largest investor in the German automaker, according to a report in Bloomberg.
Crossover utility vehicles and compact SUVs represent the fastest growing segments in the global automotive industry in every region of the world, impacting both retail and fleet sales
Ford is shifting production of its next-generation 2019 Focus compact car to China from Mexico, and will invest $900 million in its Kentucky Truck Plant to expand production for the new Expedition and Lincoln Navigator, Ford has announced.
Ford has started shipping its all-new 2017 F-150 Raptor – a high-performance off-road pickup truck – to customers in China, marking the first time any U.S.-built F-Series truck has been officially exported to China.
Buick has updated its LaCrosse sedan for the 2017 model year, making it longer, lower, and wider than the current model, Buick announced at the Los Angeles Auto Show.
ZAP and Jonway Auto, jointly with Dong Feng Motor Corporation recently announced in Hangzhou, Zhejiang Province volume orders for mass production of Jonway's EV minivan for 2016.
As part of the joint venture between Dongfeng and Renault, Dongfeng Renault Automotive Company (DRAC) will produce an electric vehicle that is based on the Fluence Z.E.
The automotive market in China is declining faster than expected due to economic uncertainty and government restrictions over vehicle ownership.
One factor driving the deluge of Chinese exports of replacement truck tires to the U.S. is China's immense tire production overcapacity. In 2015, China manufactured 120 million tires, with an overcapacity rate of almost 25 percent. The influx of Chinese truck tires is also having a detrimental effect on the tire retreading industry, because many of these “bargain” tires have only one life because they cannot be retreaded.
Ford previewed the new Ford Tourneo for China’s premium MPV market at Auto Shanghai 2015.
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