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  • July 29, 2014
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  1. Business - Companies - CARS

    Zhejiang University team scoops 10,600 yuan for hacking into Tesla Model S

    Posted Jul 17th 2014, 04:05pm by James Griffiths

    ... vulnerabilities," the company said on Wednesday. "We hope that the security researchers will act responsibly and in good faith." Hackers exploited a "flow design flaw" to gain access ...

  2. Business - Companies - CARS

    VW outsells GM to be top carmaker in China

    Posted Jul 12th 2014, 12:52am by BLOOM

    ... to be top carmaker in China Volkswagen outsold General Motors in China in the first half of the year, keeping it on track to extend its reign as the best-selling foreign car company in the world's biggest vehicle market. VW's sales in China, including Hong Kong, rose 18 per cent to more than 1.8 million vehicles, the company said yesterday. That compares with GM's 1.73 ...

  3. Business - China Business - CARS

    VW and partner FAW to invest €2 b in Chinese plants

    Posted Jul 08th 2014, 01:54am by AFP

    ... is estimated to swell to one billion in the next 10 to 15 years. VW chief executive Martin Winterkorn said in April he expected the company's mainland deliveries this year to rise at least 10 per ...

  4. Business - Companies - CARS

    China Yintai pins hopes on green and glamorous tie-up with Tesla

    Posted Jul 02nd 2014, 01:44am by LANGI CHIANG; KWONG MAN-KI

    ... of eight electric vehicles in April in the capital, battery-powered cars are rarely seen on the streets as many of the orders are yet to be distributed. The company does not disclose the details ... Tesla's China communications director, said Yintai had agreed to build more than 40 charging points in their properties across the mainland. The company has a presence in more than 30 cities, ...

  5. Business - Companies - CARS

    Toyota to launch hydrogen fuel-cell car in Japan

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... Bloomberg in Tokyo Green car to go on sale next year as Toyota eyes market for affordable zero-emissions transport Toyota to launch hydrogen fuel-cell vehicle in Japan Toyota Motor's vision of a hydrogen future will begin with a seven million yen (HK ...

  6. Business - Companies - CARS

    Volvo maps out export plans for China

    Posted Jun 18th 2014, 01:19am by Reuters

    ... Reuters in Beijing Volvo maps out export plans for China Volvo Car's plans to turn the mainland into an export hub show parent company Zhejiang Geely Holding is out to disprove pessimists who have cast doubt on Chinese companies' ability to manage global consumer brands. A senior Volvo executive said the Swedish carmaker would start exporting Chinese-made sedans- ...

  7. Business - Companies - CARS

    GM's top brass spared as carmaker sacks 15 after report on safety scandal

    Posted Jun 06th 2014, 11:50am by Reuters

    ... including a failure to understand "how the car was built". Meanwhile, it said, the highest levels of the company were not made aware. Providing a rare peek into the operations of one ... finally began recalling vehicles for repairs. So far, 2.6 million vehicles have been identified. This recall, coupled with others announced by GM this year, has cost the company about US$1.7 ...

  8. Business - China Business - CARS

    Wanxiang's Lu Guanqiu on a mission to sell electric cars in US

    Posted May 20th 2014, 12:56am by BLOOM

    ... Each mogul aspires to move his company beyond the US to sell lower-emission cars in China- the world's largest car market. "Fisker brings a unique edge and owning the company no doubt ... and Chery have yet to sell their first car in America. Wanxiang aims to produce the Karma model in the US and later make other extended-range hybrids there, the company said last week, without ...

  9. Business - Companies - CARS

    Ford hands keys to new CEO as 'driverless' future looms

    Posted May 03rd 2014, 04:00am by Bloomberg

    ... Bloomberg in Dearborn, Michigan Company veteran Mark Fields must fill shoes of lauded predecessor and steer firm into new era Ford hands keys to new CEO as challenges loom Mark Fields ... for him. The new chief executive officer will have to follow a CEO lauded by investors for saving an iconic American company from failure, and will face the challenge of steering Ford into an era ...

  10. Business - China Business - CARS

    Wanxiang says it will 'bid rationally' in Fisker electric car auction

    Posted Jan 24th 2014, 02:19am by Reuters

    ... company, says he has an edge over a rival bid for bankrupt US plug-in hybrid car maker Fisker Automotive, and would welcome ties with Tesla Motors, another US electric car maker. "We have ... November. Last month, just days before Fisker was to be sold to Hybrid Tech Holdings, an affiliate of Li's, Wanxiang made a surprise bid, prompting a US bankruptcy judge to call for an open ...




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