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  1. Two mainland carmakers seek US$2b in IPOs

    Posted May 09th 2007, 12:00am by Staff Reporter

    ... to develop their own vehicles,' said a mainland vehicle industry analyst. The Daimler joint venture makes Mercedes-Benz, Chrysler and Mitsubishi cars. The partners opened a plant in September last year, boosting annual capacity by 105,000 cars. Audi is the leader in the mainland luxury car market with a 48 per cent market share. It is trailed by BMW with 15 per cent and Mercedes ...

  2. Manufacturers do their sums and exit Pearl River Delta

    Posted Jun 29th 2012, 12:00am

    ... for Ngan, managing director of one of the world's largest hat and headgear makers, Mainland Headwear Holdings. Rather, she wants to speed up the relocation of the firm's manufacturing ... to the environment. Deputy Commerce Minister Chen Deming has said China's exports are 'large in size, but not strong'. An upgrade of industry- moving manufacturers higher up the value chain ...

  3. News - China

    Shenzhen party chief ditches Audi for electric car

    Posted Jan 17th 2013, 02:06pm by Amy Li

    ... Shenzhen’s Communist Party chief Wang Rong recently replaced his Audi A6 with a China-made electric car in a bid to promote green living, reported China's  Southern Metropolis Daily ... a driver to take him to work every day, he occasionally drives the car, a BYD E6,  himself, said the report. Although the report reads favourly for Wang, many netizens don't agree.  “No matter ...

  4. Bra maker not exactly in top form after closure

    Posted Jul 04th 2012, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Top Form International is expecting its first loss since 2009 after it closed down its manufacturing operations in Shenzhen. The company posted a HK$12.6 ... 30- was made. The company will stop manufacturing in Shenzhen by the end of next month, chairman Willie Fung Wai-yiu said. 'Shenzhen is an operational hub to us,' he said. 'We ...

  5. News - China

    Four Chinese will be charged for wrecking Japanese cars in Shenzhen

    Posted Sep 15th 2012, 12:00am by Fiona Tam

    ... Fiona Tam fiona.tam@scmp.com Charges for wrecking Japanese cars Police have arrested at least four people accused of damaging privately owned Japanese cars in a big anti-Japanese ... 19 rally, and deliberately smashed the cars to encourage a boycott of Japanese products. "The police understand the public's patriotism, and support the people voicing their views ...

  6. University student arrested in connection with crash

    Posted Jun 05th 2012, 12:00am

    ... and found Hou. He stopped another taxi and accompanied Hou to a yacht club at the Dameisha Scenic Resort, the Shenzhen Evening News reported yesterday. Hou's car was travelling at a speed of at least 180km/h when it slammed into two taxis early on the morning of May 26, killing the driver and two women passengers in a BYD electric taxi. Three female passengers in Hou's car were ...

  7. Car stocks take hit from sales cap

    Posted Jul 03rd 2012, 12:00am

    ... Anita Lam anita.lam@scmp.com Car stocks are tipped to plunge today as a new cap on annual registrations of new cars in Guangzhou is expected to hit the mainland's already beleaguered car market. All major car stocks fell in Shanghai yesterday. Hong Kong's stock market was closed for a public holiday. Guangzhou Automobile and Great Wall Motors fell nearly 8 per cent, ...

  8. 22 held over illegal slaughterhouse

    Posted Apr 20th 2012, 12:00am

    ... at a high price to nearby wet markets and food manufacturers, including in Guangming and nearby sub-districts of Shenzhen and Dongguan. In Tuesday's raid, police seized 46 dead pigs, 12 cars ... allegedly sold tens of thousands of tonnes of dead pigs to wet markets, food manufacturers, factories and school canteens in Shenzhen, Guangzhou, Dongguan and Huizhou. Police said at least one ...

  9. Families eschew public transport for private cars

    Posted Mar 24th 2012, 12:00am

    ... Anita Lam As a leader of a group representing hundreds of cross-border drivers, Yang Kun knows first hand that there is a demand for a quick and affordable border-crossing system for cars ... Territories and border area, many of them aimed at the mainland's growing middle-class population as clientele. These wealthy people- many of whom own a car- won't want to take trains ...

  10. BYD cuts profit hopes as electric car interest lags

    Posted Oct 29th 2011, 12:00am

    ... Toh Han Shih hanshih.toh@scmp.com Car and battery maker BYD has warned that its full-year net profit could fall as much as 65 per cent- worse than analysts had forecast. 'The company ... in car sales. Also, the weak solar energy market meant BYD's solar energy business would not perform as expected, the company said. In terms of the number of units, BYD's car sales rose ...




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