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  • August 23, 2014
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  1. Business - China Business - CARS

    Tesla forges deal to end China trademark row

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

    ... will accelerate production of the Model S, priced from US$71,000 in the United States, and the Model X electric sport utility vehicle, to a rate of 100,000 units a year by the end of 2015. The company ... 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 ...

  2. 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 ...

  3. 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 ... and anti-monopoly unit started collecting evidence in February as foreign carmakers were alleged to have overcharged on products and spare parts, taking advantage of their dominant position. The price cuts ...

  4. 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 ...

  5. Business - Companies - CARS

    Production to double at new Volkswagen plant

    Posted Sep 26th 2013, 12:00am by Reuters

    ... Reuters in Foshan Carmaker has ambitious plans for Guangdong factory, eyeing capacity of 600,000 cars a year Production to double at new Volkswagen plant Volkswagen plans to double ... next year, sources said. The planned expansion stems from an agreement signed in May by the two companies, which aim to boost the plant's capacity to 600,000 vehicles a year ...

  6. Business - China Business - CARS

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

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

    ... would together spend about €2 billion to expand production capacity. It was not clear what the cost of the new factories, in Tianjin and Qingdao, Shandong province, would be, nor how the investment would be apportioned. The VW statement also failed to specify the annual capacity of the two plants or when they were expected to start production. "With these investments, Volkswagen ...

  7. 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 ...

  8. Business - Companies - CARS

    Honda plans new production in China

    Posted Jul 19th 2013, 12:00am by Reuters

    ... production. Because of high tariffs charged on cars brought in from overseas, it is difficult to generate volume unless a carmaker produces the cars on the mainland. Audi, Mercedes-Benz and BMW all ... China to displace the United States as the world's biggest market for upscale cars. Honda plans new mainland production ...

  9. Business - Companies - CARS

    Toyota to launch hydrogen fuel-cell car in Japan

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

    ... greenhouse-gas limits will be tightened in 2017 and carmakers will be required to double the average fuel efficiency of their fleets to 4.3 litres per 100km by 2025. That has led to the production ...

  10. 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, ...




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