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New cars subject in 45% of consumer complaints

Car buyers examine a new car. Some of the complaints are attributed to consumers who lack knowledge about their purchase and register unnecessary concerns. [China Daily] Nearly half of complaints filed about auto quality last year were on relatively new vehicles, according to a ...

GM sets record even as gov't incentives lapse

The Chevrolet Sail made by GM is popular in the compact segment. [China Daily] Despite the expiration of government incentive programs to fuel auto sales, General Motors set an all-time sales record of more than 268,000 vehicles delivered last month in China, an increase of 22 ...

Quality updates for drugmakers

The State drug regulatory body announced plans for new drug production quality management standards, which are expected to help further integrate the highly fragmented sector. The new plan, called the Good Manufacturing Practice (GMP) standards, is slated to go into effect March ...

Lego set to face the might of Hasbro

TRANSFORMERS fought for world domination in "Revenge of the Fallen." Now they're taking aim at Lego. Toy maker Hasbro Inc is joining the building-block fray with a new line called Kre-O that's compatible with Lego blocks. The first products feature popular Transformers characters ...

Bundesbank chief rules himself out for ECB post

THE outgoing head of Germany's Bundesbank decided against seeking the presidency of the European Central Bank because he believed his opposition to its bond-buying program would have posed a credibility problem. Axel Weber had been favorite to succeed Jean-Claude Trichet at the ...

Car plates a prize asset as new rules take effect

DEMAND for second-hand Shanghai car plates is soaring since the supply of new ones was reduced and restrictions tightened on plates from outside the city. The price of a second-hand Shanghai car plate price has increased 10 percent since before the Spring Festival - up to 44,000 ...

China cuts Israeli potash deal

Fertilizer and specialty chemical maker Israel Chemicals said Sunday it had signed contracts with several customers in China to supply a total of 500,000 tons of potash in the first half of 2011. Israel Chemicals said the price agreed was similar to the price reached by other ...

January rural appliance sales double

The Ministry of Commerce said Saturday that sales of home appliances in rural areas jumped 123 percent from one year earlier in January to 25.36 billion yuan ($3.84 billion), boosted by a government subsidy. In January, 10.49 million home appliances were sold in the country's ...

More bad news for rubber manufacturers, tire makers

The rising cost of rubber is putting pressure on domestic tire producers, which have seen declining profits for most of the last 12 months. Net profits of Wuxi Boton Belt Co, a rubber product maker, totaled 44.19 million yuan ($6.70 million) in 2010, a drop of 8.51 percent over ...

Volvo opens Shanghai headquarters

Swedish automaker Volvo Automotive Group's Chinese operation officially has opened its headquarters in Shanghai, announced Stefan Jacoby, president and CEO of the group. Its China technology center was established in the Jiading district of Shanghai. The newly established center ...

Luxury auto sales continue to surge

Sales of luxury vehicles on the Chinese mainland continued to grow in January, including 15,330 vehicles under the Mercedes-Benz, AMG, smart and Maybach brands, an 80 percent increase over the same period the previous year. Mercedes flagship model, the ninth-generation S-Class, ...

FAW sets up center for electric vehicle R&D

FAW Group recently set up an R&D department to develop electric vehicles (EV) after receiving 720 million yuan under the State-sponsored "863 Program" to develop batteries, electric motors and electric control system. In addition to the new EV department, FAW Group also has R&D ...

Suzuki to recall SUVs for steering problems

Suzuki Motor Corp will begin recall of 4,007 Grand Vitara SUVs in China at the end of this month to fix faulty springs that might cause steering problems, China's quality watchdog said on its website recently. The recall will affect four Grand Vitara models that were produced ...

VW hiring to climb, most of it in China

German magazine Automobilwoche recently reported that Volkswagen Group will increase its VW brand staff to 290,000 employees, up from the current 250,000, the majority of them in China. The report, citing the company's internal documents, said Volkswagen plans to add 21,000 ...

Chery exports rise over 132 percent

Domestic carmaker Chery Automobile Co exported 10,505 vehicles last month, a 132.5 percent increase over a year ago and 19.2 percent more than the previous month. By the end of January, China's largest auto exporter had sold nearly 480,000 vehicles overseas since first it began ...

New cars subject in 45% of consumer complaints

Nearly half of complaints filed about auto quality last year were on relatively new vehicles, according to a report released by China's quality watchdog on an auto news website. The report said complaints on cars with less than 10,000 kilometers on the odometer comprised 45.17 ...

GM sets record even as govt incentives lapse

US no longer top market for century-old automotive icon Despite the expiration of government incentive programs to fuel auto sales, General Motors set an all-time sales record of more than 268,000 vehicles delivered last month in China, an increase of 22 percent over a year ...

US parts giant Delphi ratchets up for growth in Asia-Pacific

US auto parts maker Delphi expects the fast-growing Chinese market to help it double the share of its global business generated in the Asia-Pacific region over the mid-term future. Majdi Abulaban, president of both Delphi Asia-Pacific and Delphi China, said in a recent interview ...

Putting new skills in the picture frame

EMBA course offers film and TV executives an opportunity to develop their managerial abilities Kang Bao has to make four days available every month out of his tight schedule to take lessons to earn an executive master of business administration degree (EMBA) at the University of ...

Romance on the cards - at a price

Valentine's Day provides retailers with a chance to boost profits Following hard on the heels of a record spending binge by the Chinese over Spring Festival of 404.5 billion yuan ($61.29 billion), another shopping season has arrived with Valentine's Day and the traditional ...
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china

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China offers inspirations to global dilemmas
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world

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IMF chief warns of risks to recovery
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China's farm product pricing plan shifts to market orientation
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Chinese investors look to overseas opportunities
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finance

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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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trade

sports

Yao's gift of sport for all
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Lucrative golf industry lures stiff competition
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Li Na wins French Open women's singles title
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