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  • April 25, 2014
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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. 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 ...

  5. 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 ...

  6. Business - China Business - CARS

    Doubts raised over China green car push

    Posted Feb 17th 2014, 04:47am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Lack of maintenance and repair facilities cited as concerns amid state support through subsidies Doubts raised over mainland green car push Huang Yi is a businessman from Shenzhen who is all for doing his part to protect the environment. He is having second thoughts on buying an electric car after putting down a 250,000 yuan ...

  7. 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 ...

  8. 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", drew overwhelming support from the mainland's netizens. One reader survey on popular site QQ.com which received over 80,000 votes, showed that 90 per cent of consumers supported the US ...

  9. Business - China Business - CARS

    China's coming 'baby boom' fuels need for more spacious cars

    Posted Jan 17th 2014, 10:11am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Relaxation of the mainland's one-child policy has set the stage for a shift to models with more seats to accommodate larger families ... wants a second child following the relaxation of the mainland's one-child policy. "The car I am using would become very crowded if I had two children," Zhang, an only child, said. ...

  10. Business - China Business - CARS

    Vehicle sales soar past record 20m in China

    Posted Jan 10th 2014, 01:28am by BLOOM

    ... Bloomberg in Beijing Vehicle sales soar past record 20m on mainland China became the first country where more than 20 million vehicles were sold in any given year as Toyota Motor ... yesterday. Sales of vehicles, excluding buses and trucks, rose 16 per cent to 17.93 million. While the mainland's motorisation has been a boon for foreign carmakers- all the major ones saw ...




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