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  • July 11, 2014
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  1. Business - China Business - CARS

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

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

    ... b in mainland plants German carmaker Volkswagen will build two plants on the mainland as it invests €2 billion (HK$21 billion) along with mainland partner FAW, it announced yesterday during a visit ... and the infrastructure available", the statement said. VW said the mainland had become its largest and most important market. It sold more than 1.5 million vehicles on the mainland in the first five months ...

    http://www.scmp.com/business/china-business/article/1549222/vw-and-partner-faw-invest-eu2-b-chinese-plants
  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

    ... Langi Chiang and Kwong Man-ki in Beijing Property firm's alliance with electric car maker Tesla could help boost its own branding Yintai pins hopes on glamour tie-up Mainland property ... the mainland's first commercial property operator last month to partner the Californian-based Tesla to provide free charging facilities for its electric cars. Even after Tesla delivered the first batch ...

    http://www.scmp.com/business/companies/article/1544541/china-yintai-pins-hopes-green-and-glamorous-tie-tesla
  3. Business - Companies - CARS

    Volvo maps out export plans for China

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

    ... Reuters in Beijing Volvo maps out export plans for China Volvo Car's plans to turn the mainland into an export hub show parent company Zhejiang Geely Holding is out to disprove ... a long-wheel-based version of the S60 called the S60L- to the United States and the XC90 utility crossover to Russia as early as the end of next year. Volvo was also aiming to beat its mainland sales target ...

    http://www.scmp.com/business/companies/article/1535242/volvo-maps-out-export-plans-china
  4. 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 ... strengthening their mainland presence through aggressive pricing strategies. Geely, which owns Swedish brand Volvo, posted better-than-expected profit growth of 31 per cent last year. BYD chairman Wang ...

    http://www.scmp.com/business/china-business/article/1455796/mainland-chinese-car-brands-worry-over-competition
  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

    ... carmakers over the past few years, in that they often introduced new models or concepts on the mainland first. "The sales of premium cars in China outperformed other markets, while the strong ...

    http://www.scmp.com/business/china-business/article/1498598/beijing-drives-home-status-luxury-market-car-show
  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

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Customers outside Beijing take to Weibo to vent ire amid concern over lack of charging stations Tesla in firing line over delivery of electric Model S It may have been all smiles for Tesla Motors' first customers on the mainland when they were handed the keys to battery-powered Model S cars yesterday, but away from ...

    http://www.scmp.com/business/china-business/article/1494696/buyers-slam-tesla-over-late-delivery-model-s-battery-powered
  7. Business - China Business - CARS

    Chinese carmakers wary of foreign deals

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

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Mainland car brands seen as too weak to compete with foreign investors in the event of ownership rules being loosened Carmakers wary of foreign deals Mainland carmakers are not ready for more foreign investment as homemade brands remain weak despite years of joint ventures with their overseas counterparts. "I opted ...

    http://www.scmp.com/business/china-business/article/1444809/chinese-carmakers-wary-foreign-deals
  8. Business - China Business - CARS

    Volvo chairman urges China to lift curbs on foreign carmakers

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

    ... Bloomberg in Beijing Volvo chairman says mainland needs to let foreign carmakers control their own operations China urged to lift carmaker curbs Li Shufu, the chairman of Volvo Cars, said ... companies. These state-owned enterprises (SOEs) are also helping foreign brands compete with other mainland Chinese carmakers, which is against the interests of the consumer and broader industry, Li ...

    http://www.scmp.com/business/china-business/article/1440567/volvo-chairman-urges-china-lift-curbs-foreign-carmakers
  9. Business - Companies - CARS

    GM targets 10pc growth in China sales for 2014

    Posted Feb 22nd 2014, 01:15am by Reuters

    ... Reuters in Shanghai Carmaker aims to focus on the country's increasing appetite for SUVs and luxury vehicles GM targets 10pc growth in mainland sales for 2014 General Motors plans to boost sales on the mainland this year by as much as 10 per cent and keep pace with the country's vehicle market for the rest of the decade, the new chief of the company's China ...

    http://www.scmp.com/business/companies/article/1432882/gm-targets-10pc-growth-china-sales-2014
  10. Business - China Business - CARS

    Infrastructure snag to deter China's green car buyers

    Posted Feb 11th 2014, 01:57am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Lack of charging stations to upset mainland plan, despite subsidies for buyers, say analysts Infrastructure snag to deter push to go green The mainland government's move to ease pollution by giving more subsidies for the purchase of electric vehicles than it planned will run into a roadblock because inadequate infrastructure ...

    http://www.scmp.com/business/china-business/article/1425583/infrastructure-snag-deter-chinas-green-car-buyers

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