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  • October 2, 2014
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  1. Business - China Business - CARS

    Wanxiang to relaunch Fisker’s Karma hybrid car, sources say

    Posted Sep 19th 2014, 10:42am by Reuters

    ... of Fisker’s Karma hybrid luxury car by using a design from the company’s last year of production, people close to the companies said. Wanxiang aims to reintroduce by next year Fisker’s electric cars, which enjoyed a cult following for their streamlined design among early fans including actor Leonardo DiCaprio and pop star Justin Bieber before the company’s demise last year. The “new” Karma ...

    http://www.scmp.com/business/china-business/article/1595891/wanxiang-relaunch-fiskers-karma-hybrid-car-sources-say
  2. Business - Companies - CARS

    Lamborghini sees strong Chinese demand for its new 'supercar'

    Posted Sep 09th 2014, 12:58pm by Mark Sharp

    ... this month. The company has received almost 3,000 orders globally for the car, which debuted at the Geneva Motor Show in March. Winkelmann was in Hong Kong on Monday for the local launch ... For this reason, Winkelmann was reluctant to reveal the company's sales target for this year. "We have sales targets; we will do better than last year in terms of the total number of cars sold. ...

    http://www.scmp.com/business/companies/article/1588531/lamborghini-sees-strong-chinese-demand-new-supercar
  3. Business - Economy - CARS

    China mulls 100b yuan in funding for charging stations for electric cars

    Posted Aug 28th 2014, 05:03am by BLOOM

    ... charging facilities for electric vehicles and spur demand for clean cars, according to two sources. The policy will be announced soon, said the sources, who declined to be named. They declined ... a strategic and emerging industry like NEVs is a "win-win" for industrial development and environmental protection, the central government said last month in the statement announcing the tax ...

    http://www.scmp.com/business/economy/article/1581320/china-mulls-100b-yuan-funding-charging-stations-electric-cars
  4. Lifestyle - Technology - CARS

    GM China's licence plate texting app raises safety, privacy concerns

    Posted Aug 24th 2014, 03:30am by James Griffiths

    ... nothing scarier than a texting driver looking down at his handset," he said during an address at the Boston CEO Club last year. Ackerman said the company's OnStar infotainment system ... market in 2009, and the company says it has more than 600,000 subscribers. It is unclear whether DiDi Plate only works with OnStar registered vehicles, or if the app has access to the national ...

    http://www.scmp.com/lifestyle/technology/article/1580098/gm-chinas-licence-plate-texting-app-raises-safety-privacy
  5. Business - China Business - CARS

    Foreign carmakers under pressure to cut prices in China

    Posted Aug 04th 2014, 03:40am by Kwong Man-ki

    ... said. Volkswagen's luxury brand Audi also announced reductions in spare-part prices. A company spokesman said Audi, which operates mainland joint venture FAW-Volkswagen, supported ... makers have already announced price cuts. Effective this month, Jaguar Land Rover, the premium car unit of India's Tata Group, reduced the prices of three popular models by an average ...

    http://www.scmp.com/business/china-business/article/1565758/foreign-carmakers-under-pressure-cut-prices-china
  6. Business - Companies - CARS

    Volvo cannot escape mainland carmaker probe, analysts say

    Posted Aug 14th 2014, 01:28am by Kwong Man-ki

    ... But when the investigators look at more foreign premium brands and companies, they will likely look at Volvo too," said Graef. Volvo told the South China Morning Post that it was not being ... spread to more than 1,000 foreign and local car companies, including manufacturers, suppliers and dealers, as well as state and domestically owned firms. The NDRC last week said Germany's ...

    http://www.scmp.com/business/companies/article/1573081/mainland-carmaker-probe-likely-reach-volvo-say-analysts
  7. Business - China Business - CARS

    Tesla forges deal to end China trademark row

    Posted Aug 06th 2014, 03:48pm by Bloomberg

    ... that threatened to complicate the company's plans to expand sales in the world's largest car market. Tesla and Zhan Baosheng, who had registered rights to the Palo Alto, California-based ... the company said. "Collectively, these actions remove any doubt with respect to Tesla's undisputed rights to its trademarks in China." The trademark fight for Tesla, maker of the Model ...

    http://www.scmp.com/business/china-business/article/1567639/tesla-forges-deal-end-china-trademark-row
  8. Business - China Business - CARS

    BYD's earnings plummet 94pc

    Posted Aug 28th 2012, 12:00am

    ... the earnings were announced late yesterday. In a stock exchange filing, BYD blamed the profit slide on slowing car sales, a weak domestic economy and the spreading euro-zone debt crisis, and warned ... Reuters in Beijing The Buffett-backed carmaker trails mainland rivals amid poor solar business BYD's earnings plummet 94pc Chinese carmaker BYD, backed by billionaire investor Warren ...

    http://www.scmp.com/business/china-business/article/1023966/byds-earnings-plummet-94pc
  9. 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 to the Tesla car's system, SyScan360 announced on Weibo. The loophole enabled attackers to remotely unlock the vehicle, sound the horn and flash the lights, and open the sunroof while the car ...

    http://www.scmp.com/business/companies/article/1555588/hackers-target-tesla-us10000-bounty
  10. 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

    ... directory of models eligible for local subsidies, in order to keep out cars made elsewhere on the mainland, but the State Council announced on Monday that a unified directory would be compiled ...

    http://www.scmp.com/business/china-business/article/1560726/beijings-clean-energy-incentives-give-price-edge-chinese

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