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  • August 28, 2014
  • Last updated: 12:03pm
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  1. Business - China Business - CARS

    Foreign carmakers under pressure to cut prices in China

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

    ... of the China Automobile Dealers Association. "While market competition intensifies as consumers react to new prices, market forces will bring down prices," Shen said. Some foreign luxury car ... would stir up competition, which in turn would benefit consumers, said Geoff Broderick, a vice-president for Asia-Pacific at consultancy JD Power. "Not to let one side determine prices ...

  2. Business - Economy - CARS

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

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

    ... be a tailwind for carmakers coping with consumer concerns over the price, reliability and convenience of electric vehicles. It would also build on efforts by China, the world's biggest carbon ...

  3. Business - China Business - CARS

    Policy shot in the arm for new-energy vehicles

    Posted Jul 15th 2014, 01:31am by Celine Sun

    ... to boost a new-energy car market that has been losing steam of late because of high prices and a lack of charging stations. The new policy, issued by the National Government Offices Administration ... cent gain for the Hang Seng Index. The mainland, the world's largest car market, has been aggressively pursuing the goal of becoming a global leader in new-energy vehicle manufacturing ...

  4. 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 ... round of supportive measures would give homegrown brands a significant price advantage, with more models enjoying local government subsidies. In addition to central government subsidies designed ...

  5. Business - Companies - CARS

    Volvo cannot escape mainland carmaker probe, analysts say

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

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Analysts say investigation into car price fixing will expand to many more foreign brands Mainland carmaker probe likely to touch Volvo ... Audi and Chrysler of the United States had engaged in monopoly practices and Germany's BMW was under investigation. It has also completed probes into 12 Japanese firms for fixing prices ...

  6. 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 ...

  7. 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 ...

  8. 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. ...

  9. 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 ...

  10. 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 ...




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