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  • July 30, 2014
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  1. Business - China Business - CARS

    Beijing's clean-energy incentives give price edge to Chinese carmakers

    Posted Jul 28th 2014, 04:26am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Clean-energy incentives lift mainland producers The latest government incentives have armed mainland car brands with competitive price advantages as they seek to win market share in the burgeoning "new-energy" car market from foreign brands. Harry Chen, an automotive analyst with Guotai Junan Securities, said the latest ...

  2. Rescue mulled as car sector loses steam

    Posted Jan 14th 2009, 12:00am by Kandy Wong

    ... of Automobile Manufacturers. Last year, mainland carmakers sold 9.38 million vehicles, including buses, trucks and export vehicles, up 6.7 per cent from 2007, in line with the adjusted expectations ... for buying cars during the Golden Week holiday, the mainland recorded monthly sales declines in August, September, November and December, as the A-share market slump dampened consumption. Nick ...

  3. Carmakers say export growth to keep slowing

    Posted Nov 14th 2008, 12:00am by Kandy Wong

    ... a reduction caused by the global slowdown that has dampened demand for vehicles in emerging markets. Exports rose 79 per cent last year, according to the China Association of Automobile Manufacturers ... and September. Figures from the China Association of Automobile Manufacturers showed that the country's vehicle exports decreased 15.7 per cent in September from a year earlier. The exports dropped ...

  4. Five-seater taxis' days are numbered

    Posted Sep 29th 2008, 12:00am by Anita Lam

    ... rushed to secure the last batch of stock from the main manufacturer, Toyota, since early this year. Hong Kong dealer Crown Motors saw a nearly 70 per cent rise in business in the eight months ... The manufacturer said the new taxi would be more environmentally friendly, fuel-efficient and powerful, but it would also be more expensive and have one less seat. Toyota dealer Crown Motors, which said ...

  5. VW conquers long and winding road

    Posted Jul 14th 2008, 12:00am by Samantha Kierath

    ... with Samantha Kierath Before there was Buick, Hyundai or Honda, there was Volkswagen. From around the late 1980s, the German car giant's Santanas were synonymous on the mainland to sedan, and even today a random sampling of five cars on Beijing roads will include at least two Volkswagen models. Martin Posth, a former member of the Volkswagen and Audi executive management ...

  6. Business - Comment - THE VIEW

    End of the line for China's low cost manufacturing model?

    Posted Jul 22nd 2014, 12:01am by Cathy Holcombe

    ... labour; then plough export earnings into further industrialisation projects, raising productivity and thus wealth. Eventually capital moves elsewhere, in search of the next low-cost manufacturing ... it can do so on a mindboggling scale So far, however, there is no obvious successor to China. And some futurists argue that the game is up- that low-end manufacturing can be done by machine ...

  7. Manufacturers warned against overexpansion

    Posted Apr 25th 2012, 12:00am

    ... into options such as after-sales services or used car sales. Tan Peng-wei, the Asia president of ADP, said manufacturers should provide more training to sales agents as the industry was still young ... and demand. The conference was held on the sidelines of the Beijing Auto Show. 'We expect sales of imported cars to grow by about 20 per cent to one million this year,' said Sun Yong, ...

  8. Business - Companies - VEHICLES

    Tesla hands over keys to its technology on electric cars

    Posted Jun 14th 2014, 04:21am by AP

    ... Associated Press in San Francisco Tesla hands over keys to technology on electric cars Electric-car maker Tesla Motors is handing over the keys to its technology in an unusual effort to encourage other car manufacturers to expand beyond petrol-burning vehicles. Tesla chief executive Elon Musk has promised to give away the company's entire patent portfolio to all comers, ...

  9. Top brands shrug off luxury car tax raise

    Posted Jul 31st 2003, 12:00am by Staff Reporter

    ... to 100 per cent. Mr Rushworth said that while many of the top car manufacturers were increasing their market share, the market in smaller cars was suffering from a lack of buyers among ... car market, with Mercedes-Benz and BMW actually increasing their market share. Although some dealers had feared a drop of 50 to 60 per cent in sales, figures show that Hong Kong's love ...

  10. Business - China Business - LISTINGS

    BAIC Motor scraps IPO amid tepid investor appetite for car stocks

    Posted Jun 12th 2014, 01:10am by Ray Chan

    ... manufactures Hyundai and Mercedes-branded vehicles for the mainland market through joint-venture agreements, decided to refrain from turning in the listing application to the city's stock exchange ... demand for car stocks remains tepid after more mainland cities imposed restrictions to curb consumer demand due to problems with choking air pollution and congestion. "The issuer's ...




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