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  • September 17, 2014
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  1. Smartphone car service starts up

    Posted Dec 02nd 2010, 12:00am by Staff Reporter

    ... check the status and remotely control various components, including the car's doors, trunk, horn and headlights, and receive the car's operation data and maintenance history. The firm ... and manage their cars. SK Telecom's mainland subsidiary, Shenzhen E-eye High Tech Co, expects to have about 10,000 users during the first year of E-MIV operations in the world's largest car ...

  2. US hedge fund Stark Investments locks horns with tycoon brothers

    Posted Sep 07th 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih US hedge funds managed by United States-based Stark Investments are suing a company owned by Sun Shaofeng, the chairman and managing director of Hong Kong-listed China Green Holding and a member of the Forbes Chinese Rich List. Also mentioned ...

  3. Electric-car dreams short-circuited by hype

    Posted Jan 10th 2011, 12:00am by Staff Reporter

    ... by demonstrating the world's first mass-produced plug-in hybrid car- years ahead of more established rivals such as Toyota, Nissan, General Motors- and unveiling China's first all-electric passenger car. Warren Buffett- who had recently bought a 10 per cent stake in BYD- appeared grinning on an April 2009 cover of Fortune magazine behind the wheel of a BYD E6 electric car ...

  4. Huge mainland car sales open up prospects for servicing and repair

    Posted Dec 20th 2010, 12:00am by Anita Lam

    ... Anita Lam Since China overtook the United States as the world's largest car market earlier this year, investors have been competing for a slice of the lucrative after-sales and car servicing and repair market on the mainland. Do Hong Kong workshops stand a chance of benefiting from the booming market? The after-sales market- including car repairs, insurance and accessorising- ...

  5. Banco Bilbao plans car-financing tie-up

    Posted Oct 18th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Banco Bilbao Vizcaya Argentaria (BBVA), Spain's second-biggest bank, has revived a plan- first announced to the Shanghai stock exchange in April- to offer car financing ... planned to start offering car financing next year, although the proposal needs mainland regulatory approval. BBVA exercised an option in December last year to raise its stake in China Citic Bank ...

  6. More car parts workers walk off the job

    Posted Jun 24th 2010, 12:00am by Mimi Lau

    ... A fresh strike has broken out at a Japanese-owned car parts factory in Guangzhou, stopping car production at two Honda factories, while an earlier dispute has halted production at a Toyota factory. Hundreds of workers at a Huangpu district factory that supplies suspension parts to several car makers, including Honda and Toyota, walked off the job on Tuesday, demanding a pay rise ...

  7. Mercedes enjoys 67pc rise in sales as demand for luxury cars returns

    Posted Sep 29th 2010, 12:00am by Staff Reporter

    ... Neil Gough Mercedes-Benz is riding the post-financial crisis rebound in demand for luxury cars in Hong Kong and Macau, with sales up 67 per cent in the first eight months to almost 3,000 ... established in 2006, is the exclusive importer and wholesaler of the luxury cars to the local market, while Jardine Matheson's Zung Fu is the sole authorised retail dealer for the brand. ...

  8. FAW Car invests 1.79b yuan to revive struggling Red Flag brand

    Posted Aug 27th 2010, 12:00am by Staff Reporter

    ... Neil Gough State-owned FAW Car is betting 1.79 billion yuan (HK$2.04 billion) that it can raise high the Red Flag once again. The Changchun-based carmaker said yesterday it is investing that sum in a plant with an annual capacity of 30,000 cars. It will be dedicated to resurrecting the historic but struggling Hongqi, or Red Flag, brand of high-end passenger cars. FAW Car said ...

  9. Guangzhou Auto set to make own-brand car

    Posted Jul 15th 2010, 12:00am by Staff Reporter

    ... represents GAC's ambitious 6.8 billion yuan (HK$7.79 billion) gambit to successfully develop its own brand of homegrown passenger cars. The first of these, a mid- to high-end car called the Trumpchi, is slated to enter production by September. An initial batch of about 500 is to be delivered by November, in time to serve as the official car of the 2010 Asian Games Guangzhou will host. ...

  10. Chery, Tianneng sign agreement to co-operate on electric cars

    Posted Mar 27th 2010, 12:00am by Staff Reporter

    ... yesterday to collaborate on developing electric cars in China. Tianneng Power, the mainland's largest electric vehicle battery supplier, will develop batteries for Chery New Energy, a wholly owned subsidiary of Chery Automobile. In return, the carmaker will give priority to Tianneng Power's batteries in its new energy cars. Chery chief executive Zeng Lingpeng said the electric ...




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