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  • July 14, 2014
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  1. Business - Companies - CARS

    Toyota to launch hydrogen fuel-cell car in Japan

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

    ... vision of a hydrogen future will begin with a seven million yen (HK$532,500) car. That is the price of Toyota's new fuel-cell vehicle, the world's largest carmaker said yesterday. The Camry-sized car would go on sale to Japanese consumers before April, followed by debuts in the United States and Europe months later, it said. The car represents the path Toyota will take towards zero ...

  2. 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

    ... Chen Xiaodong said the company aimed to provide more convenient and smart services to eco-friendly consumers through its partnership with Tesla. In Beijing, Yintai competes against other luxury ... Meanwhile, mall operators are under renewed threat from e-commerce, in big and small cities, as consumers increasingly go online to shop. ...

  3. Business - Companies - CARS

    Volvo maps out export plans for China

    Posted Jun 18th 2014, 01:19am by Reuters

    ... pessimists who have cast doubt on Chinese companies' ability to manage global consumer brands. A senior Volvo executive said the Swedish carmaker would start exporting Chinese-made sedans- ... for other mainland companies that have had limited success digesting and managing major consumer brands, following multibillion-dollar foreign acquisitions in recent years. Geely's purchase ...

  4. Business - China Business - CARS

    Tesla goes against the grain in China by slashing price of premium car

    Posted Feb 05th 2014, 11:19am by Reuters

    ... doing things differently," Tesla said in the blog post on January 22, reposted to consumers through popular social media channels on the mainland. The post, titled "A Fair Price ... to communicate with Chinese consumers in the context of a more transparent pricing world," said Shawn Wu, Shanghai-based project manager at consultancy SmithStreetSolutions. Last year, Tesla's ...

  5. Business - China Business - CARS

    Beijing drives home status in luxury market at car show

    Posted Apr 28th 2014, 04:43am by Kwong Man-ki

    ... consumers, Ribault said. "The SUV market in China is growing very fast, and the premium SUV market is our target," he said, adding that the DS6WR would be launched in China by the end ...

  6. Business - China Business - CARS

    Buyers slam Tesla over late delivery of Model S battery-powered sedans

    Posted Apr 23rd 2014, 12:50am by Kwong Man-ki

    ... train. In Beijing, Tesla chief executive Elon Musk was on hand to host the delivery event for the Model S, which are priced at between 734,000 yuan (HK$921,000) and 852,500 yuan. Musk said Tesla ...

  7. Business - China Business - CARS

    Chinese carmakers wary of foreign deals

    Posted Mar 10th 2014, 05:59am by Kwong Man-ki

    ... consumers," he added. China's car industry is getting bigger but is not stronger, said Gordon Xie, a partner with Deloitte who advises the car industry. Consumer recognition still belongs ... and they didn't need a foreign partner at the very beginning." Xie agreed that private carmakers like Geely were able to maintain a good cost structure that made them more competitive in prices ...

  8. Business - China Business - CARS

    Volvo chairman urges China to lift curbs on foreign carmakers

    Posted Mar 05th 2014, 01:38am by BLOOM

    ... China should allow foreign carmakers to control their operations to encourage competition and bring down prices. "We should let the market decide and form real competition between Chinese companies and foreign companies," Li, who is also chairman of Volvo Cars' parent, Zhejiang Geely, said in Beijing. "The interests of the consumers and the competitiveness ...

  9. Business - China Business - CARS

    Mainland Chinese car brands worry over competition

    Posted Mar 24th 2014, 04:45am by Kwong Man-ki

    ... Mainland brands worry over competition Mainland car brands are coming under increasing pressure as they lose their price advantage amid intensified competition from the joint ventures of foreign ... enjoyed price advantages with their low-priced models in the past, but joint venture are also seeking to boost market share by launching more affordable models customised for the Chinese ...

  10. Business - China Business - CARS

    Fiat revs up plans to build Jeep in China

    Posted Oct 23rd 2012, 12:00am by Sophie Yu, Bloomberg

    ... was still strong. "Last year, total car sales in the country grew 2.45 per cent but the SUV segment grew 20.2 per cent," he said. Jia said mainland consumers preferred SUVs because they were seen as trendy and cool. And, even though major cities were afflicted with traffic jams and fuel prices kept rising, "consumers don't care about these factors". But Jia said ...




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