industry

A string of recalls by some big-name car makers in the first half have fueled Chinese consumer concerns over quality and prompted the world's biggest auto market to lay down stricter recall regulations. According to data from the General Administration of Quality Supervision, ...
China today announced that 71 cars have been approved for fuel-efficient subsidies as it promotes greener vehicles to address pollution and energy security. The first batch of green vehicles are made by 16 Chinese car makers including BYD Automobile Ltd, and Chongqing Chang'an ...
WASHINGTON, April 6 - Almost 50 U.S. firms and organizations, including Google (GOOG.O), General Electric (GE.N) and AT&T (T.N), urged President Barack Obama on Tuesday to let consumers know how much energy they use so they can decide where to cut back. This could "unleash the ...
China launched China Formula Grand Prix (CFGP) in Beijing on Tuesday. It is the first time for China to hold an automobile Formula race by the Federation of Automobile Sports of China (FASC) Yan Jianchang, vice-president of FASC, said that the first version of CFGP would have ...
China's quality inspection authorities said Wednesday that Japanese car-maker Honda has decided to recall 165 Civics and Streams models sold in China due to airbag defects. The recall, beginning July 19, covered two imported models -- the 2001-2002 Civics and Streams, which were ...
Retail sales of China-made autos rose 17.18 percent year on year to 1.056 million units in July, the China Automotive Technology and Research Center said in a statement Monday. July sales were down 6.7 percent from June, the statement said, adding that the figure brought auto ...
Government subsidies for fuel-efficient vehicles and bigger discounts from dealers have increased passenger car sales for July, according to China Automotive Technology & Research Center Monday. Combined sales of cars including sedans, sport-utility vehicles and multi-purpose ...
Chinese car maker Geely Holdings Group Co. Ltd. said Monday it has completed its 1.8 billion U.S. dollar-buyout of Ford Motor Co.'s Volvo unit, in a landmark foreign acquisition by a Chinese company. At a handover ceremony held in London, Ford delivered all of its Volvo assets to ...
Dongfeng Motor Corp, one of China's top four auto groups, registered a 63 percent surge in revenue in the first half of the year to 175 billion yuan on sales of 1.28 million vehicles. It reached 58 percent of its full-year sales target of 2.22 million units in the six months to ...
Volkswagen Group China Thursday said sales of its imported models hit a new record of 21,760 units in the first half of this year. The bullish sales more than doubled from the same period of last year, the German auto giant said. Volkswagen said sales increased after it ...
SAIC Motor Corp Monday said it has no plan to form a three-way venture with Volkswagen and Japan's Suzuki Motor Corp in China although the two overseas auto makers formed a strategic partnership. The comment came after an Economic Observer report said Suzuki plans to buy into ...
Super-luxury cars are back in vogue in China, even though the nation's highway network and the disposable income of its citizens still fall far short of Western standards. Wealthy business people in China are ready to splash out upwards of 38 million yuan (US$5.6 million) to buy ...
GM China, the Chinese subsidiary of the US auto manufacturer General Motors, is recalling a number of imported models sold in China due to faulty windshield wiper fluid systems that could lead to engine fires, China's quality watchdog said Friday. A defect in a heated windshield ...
Visitors to an international automobile fair in northeast China this year noticed a change taking place at the event: a greater number of hybrid and all-electric vehicles on display. More than 30 models of all-electric buses, BEVs (battery electric vehicle) and new HEVs (hybrid ...
Nissan Motor Corp reported its first-half sales in China rose 51.4 percent from a year earlier. Japan's second-largest car maker, along with its premier affiliate Infiniti, achieved combined sales of 503,077 units during the first six months, accounting for 58 percent of its full...
WASHINGTON, April 5 - Mobil Natural Gas Inc., Mobil Exploration & Producing U.S. Inc. and their affiliates have agreed to pay the U.S. government 32.2 million U.S. dollars to allegations of underpayment of royalties owed on natural gas produced from federal and American Indian ...
Workers went on strike Wednesday at a south China factory owned by Japanese firm Omron which supplies Honda, Toyota vehicles with electronic components, demanding for higher pays, local sources said. An undetermined number of workers of Omron (Guangzhou) Automobile Electronics Co...
April 6 - Oil prices rose more than 2 percent on Monday to their highest since October 2008, after U.S. manufacturing, home sales and jobs data boosted optimism about a recovery in the world's top economy. The U.S. service sector grew in March at its fastest pace in nearly four ...
China's largest auto group, SAIC Motor Corp, expects first-half profit to have more than quadrupled from a year earlier after surging sales. Shanghai-based SAIC said yesterday that net income would increase from the 1.45 billion yuan (US$214 million) for the first half of 2009. ...
April 6 - The U.S. Energy Information Administration is revamping the way it calculates domestic natural gas production after it overestimated output from key producer states Texas and Louisiana, an agency official said on Monday. Rapid changes to U.S. natural gas output ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...