News and information about international auto makers, global and foreign car makers, auto industry policies, auto shows from China Daily and chinadaily.com.cn.
BMW says European markets to remain shaky
2013-03-05 17:19:18
BMW is bracing for car markets in Europe to remain volatile for at least another five years amid uncertainty over government debt in the region.
Magna lifts outlook, dividend after topping forecasts
2013-03-04 17:34:06
Canadian auto parts maker Magna International Inc raised its full-year sales forecast and sweetened its quarterly dividend after a fourth-quarter performance that beat expectations.
Peugeot mulls sharing production with Russian
2013-03-04 15:11:03
French carmaker PSA Peugeot Citroen said it was in talks on sharing vehicle production with Russia's ZIL.
Renault, French unions close to labor deal
2013-03-04 14:46:28
Renault and French unions could clinch a labor agreement within days, as the car maker tries to boost its competitiveness in the face of tumbling sales in its home market.
Former VW executive to head GM's global marketing
2013-02-26 14:44:02
Former Volkswagen executive Tim Mahoney has been named head of global marketing operations at General Motors Co, and CMO of Global Chevrolet.
VW sees record sales in 2012, profits up 2%
2013-02-25 15:40:47
Volkswagen posted its highest-ever operating profit last year as gains from record vehicle sales outweighed costs of an engineering revamp.
Nissan to sell Datsun cars in S. Africa
2013-02-25 15:22:43
Nissan Motor Co will start selling its Datsun brand passenger cars in South Africa next year, to grab more first-time buyers in emerging markets.
GM turns to AT&T for OnStar wireless service
2013-02-25 15:19:05
General Motors Co has chosen AT&T Inc to provide high-speed wireless service for its 2015 car models, dropping its long-term provider Verizon Wireless.
Bosch to boost parts sales to Japanese carmakers
2013-02-25 14:45:36
Germany's Robert Bosch GmbH is seeking to increase its business with Japanese carmakers and take advantage of their plans to increase the common parts.
Ford expands production of EcoBoost engine in US
2013-02-22 15:54:11
Ford Motor Co will add 450 jobs at a northeast Ohio plant to increase the production of its 2- liter EcoBoost engine.
Daimler CEO Zetsche get 3 more yrs to chase rivals
2013-02-22 14:44:33
Daimler extended the contract of its CEO by three years concerned that rival premium carmakers are winning the race for global leadership.
GM pledges $7.3b investment in S. Korea unit
2013-02-22 14:42:47
General Motors Co would invest $7.3 billion in its South Korean unit over the next five years - an amount which will likely help relieve some concerns.
Nissan, Renault to invest $320m in Indian JV
2013-02-22 13:54:41
Nissan Motor Co and Renault SA will invest about 30 billion yen ($320 million) in a new car assembly plant in India.
Volvo Jan truck deliveries weakest in 3 yrs
2013-02-21 17:20:28
Volvo, the world's second biggest manufacturer of heavy trucks, posted on Wednesday its steepest drop in truck shipments in more than three years.
Toyota aims for record global production in 2013
2013-02-21 17:16:21
Toyota Motor Corp plans to make a record 8.79 million vehicles under the Toyota and Lexus brands in 2013 and 9.5 million in 2014.
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