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  • September 23, 2014
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  1. Business - China Business - CARS

    Wanxiang to relaunch Fisker’s Karma hybrid car, sources say

    Posted Sep 19th 2014, 10:42am by Reuters

    ... to the media. A third source said Fisker has the necessary funding thanks to Wanxiang’s backing. The source close to Fisker said the company was hiring people in the United States but declined to provide further details. However, several sources were sceptical Fisker can meet the timeline laid out in February by Pin Ni, the head of Wanxiang’s US unit. The source close to Fisker said ...

    http://www.scmp.com/business/china-business/article/1595891/wanxiang-relaunch-fiskers-karma-hybrid-car-sources-say
  2. Business - Companies - CARS

    Lamborghini sees strong Chinese demand for its new 'supercar'

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

    ... sales amounted to 2,121 cars. The Gallardo enjoyed a 10-year production run and was Lamborghini's best-selling car, with 14,022 units produced. Winkelmann said he did not expect the Huracan ...

    http://www.scmp.com/business/companies/article/1588531/lamborghini-sees-strong-chinese-demand-new-supercar
  3. Business - Companies - CARS

    Volvo cannot escape mainland carmaker probe, analysts say

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

    ... 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 ...

    http://www.scmp.com/business/companies/article/1573081/mainland-carmaker-probe-likely-reach-volvo-say-analysts
  4. 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 ...

    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

    ... makers have already announced price cuts. Effective this month, Jaguar Land Rover, the premium car unit of India's Tata Group, reduced the prices of three popular models by an average of 200,000 yuan (HK$251,000) each. The adjustments were in response to investigations into the car industry by the National Development and Reform Commission's anti-monopoly unit, the carmaker ...

    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

    ... the budget. Jiang forecast that government purchases of new-energy cars could reach 100,000 units in 2016. The number could reach 30,000 to 40,000 units this year as heavily polluted areas ...

    http://www.scmp.com/business/china-business/article/1560726/beijings-clean-energy-incentives-give-price-edge-chinese
  7. Business - Companies - CARS

    VW outsells GM to be top carmaker in China

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

    ... million units, an 11 per cent increase. In 2013, the German carmaker outsold GM in China for the first time in nine years. China is the biggest market for both VW and GM and key to the three-way ... more than 3.5 million vehicles in China this year and would probably exceed 10 million units in global deliveries four years earlier than previously planned. The firm said this month ...

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

    Policy shot in the arm for new-energy vehicles

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

    ... the 110,000 in the United States and the 50,000 in Japan. Yale Zhang Yu, the managing director of Shanghai-based consulting firm Automotive Foresight, said the steep price tags of electric and plug-in ...

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

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

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

    ... to luxury home appliances. Germany last year sold goods worth €67 billion to China, its No2 export market outside Europe after the United States. Imports from China, meanwhile, topped €73 billion. ...

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

    Toyota to launch hydrogen fuel-cell car in Japan

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

    ... 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 ...

    http://www.scmp.com/business/companies/article/1540550/toyota-launch-hydrogen-fuel-cell-car-japan

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