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  • September 30, 2014
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  1. Business - Companies - CARS

    Lamborghini sees strong Chinese demand for its new 'supercar'

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

    ... is experiencing strong demand for its new supercar across the mainland and expects sales to pick up this year despite the crackdown on lavish spending. President and chief executive Stephan Winkelmann said the Italian luxury carmaker had already received 300 orders for the entry-level Huracan LP 610-4 from the mainland, Hong Kong and Taiwan. The first customers will receive their cars ...

    http://www.scmp.com/business/companies/article/1588531/lamborghini-sees-strong-chinese-demand-new-supercar
  2. 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 Volvo's mainland backing may have spared it from the first round of anti-monopoly investigations in the car sector but analysts say the Geely-owned carmaker cannot avoid government enforcers ...

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

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

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

    ... Bloomberg in Beijing Beijing mulls 100b yuan plan for charge network The mainland is considering providing as much as 100 billion yuan (HK$126 billion) in government funding to build 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 ...

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

    Tesla forges deal to end China trademark row

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

    ... Bloomberg in Los Angeles Tesla forges deal to end mainland trademark row Tesla Motors, the electric carmaker led by Elon Musk, said it resolved a trademark dispute on the mainland ... names he had registered on the mainland including tesla.cn and teslamotors.cn to the carmaker, Tesla said. Liz Jarvis-Shean, a Tesla spokeswoman, declined to discuss financial terms related ...

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

    Foreign carmakers under pressure to cut prices in China

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

    ... foreign carmakers are expected to cut prices under pressure from anti-monopoly investigations by mainland regulators, with market forces expected to play a bigger role in pricing as competition ... 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 ...

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

    Policy shot in the arm for new-energy vehicles

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

    ... Celine Sun in Beijing celine.sun@scmp.com Analysts predict better times ahead after mainland governments are told to lift purchases of electric and hybrid vehicles to 30pc of mix by 2016 Policy shot in arm for new-energy vehicles Beijing's move to ensure that at least 30 per cent of new government vehicles on the mainland are powered by alternative energy by 2016 is expected ...

    http://www.scmp.com/business/china-business/article/1554316/policy-shot-arm-new-energy-vehicles
  8. 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
  9. Business - Companies - CARS

    VW outsells GM to be top carmaker in China

    Posted Jul 12th 2014, 12:52am by BLOOM

    ... will build two more plants on the mainland, increasing its total investment to more than €20 billion (HK$211.16 billion). "Volkswagen is gaining market share as their vehicles hit the market ...

    http://www.scmp.com/business/companies/article/1552385/vw-outsells-gm-be-top-carmaker-china
  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

    ... 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

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