Private car fleet passes 500,000 mark

Comparison of car density

The prediction brought calls from a green group and an economics professor for fresh consideration of electronic road pricing. But the Automobile Association said there was nothing to worry about.

Saturday, 4 May, 2013, 8:32am 5 comments

Record car sales on line as quality questioned

Joachim Schmidt, sales chief at Mercedes. Photo: EPA

Volkswagen, Daimler and BMW posted record sales for last year, fuelled by demand in China.

But this year, that growth is at risk as the government in Beijing steps up scrutiny of the carmakers and media outlets question their quality.

8 May 2015 - 4:27pm

Forecasts drive up car bond sales

Geely is helping drive up debt issuance this year. Photo: Xinhua

Guangzhou Automobile Industry Group, Zhejiang Geely and Wanxiang Qianchao are among companies that have sold 8.2 billion yuan (HK$10.1 billion) of debt so far this year, compared with 2.5 billion yuan a year earlier, according to data compiled by Bloomberg. Overall corporate bond sales rose 21 per cent to 399 billion yuan.

7 May 2015 - 2:35pm

Cars: new tie-ups in web, R&D

Photo: Bloomberg

A couple of interesting news bits are coming from the auto space, where a top foreign website operator is buying into the China car story, and where two major domestic manufacturers are set to announce a new tie-up.

5 Nov 2012 - 10:34am

Tests grow more strict

The European New Car Assessment Programme's (NCAP) safety ratings are frequently referred to in Hong Kong car showrooms, but marques are finding crash tests are getting more harsh.

15 Aug 2012 - 11:15pm

Mainland car sales up for third month

The mainland's car industry may have turned the corner with an increase in sales for the third straight month in May that could offset the slowdown in January and February.

Analysts, however, said a new round of tax cuts on Tuesday for energy-saving vehicles was unlikely to boost growth any further.

7 Jun 2012 - 12:00am

A U-turn on the road to the American dream

For the first time in over two decades, I am no longer a driver. Faced with spiking petrol prices and a prospective bill for much-needed repairs, I finally donated my Toyota Corolla to an organisation that takes care of orphans.

20 Mar 2012 - 12:00am

Mainland car and van shipments make late surge

Mainland car sales ended the year on a relatively strong note, with shipments of new passenger vehicles rising last month to their highest levels since last January's record volumes.

11 Jan 2012 - 12:00am

Mainland car sales climb 6.3pc on year

Passenger cars sales on the mainland continued to grow at a modest single-digit pace last month, according to preliminary data.

9 Aug 2011 - 12:00am

The Road Ahead

WE KNOW cars are bad for the environment, sitting in traffic jams is a pain and the price of petrol is obscene. But despite what you may hope, cars are here to stay. The feel of cruising down a road is incomparable, and no matter how good public transport gets, 'people will want their own journeys,' says Dale Harrow, Professor of Vehicle Design at the Royal College of Art in London.

5 Aug 2011 - 12:00am

Change of law can encourage more drivers to opt for electric vehicles

I was pleased to learn that the Transport Advisory Committee is finally starting the ball rolling to clear the legal hurdles to allow electric vehicles that meets certain conditions to travel on roads in Hong Kong ('Transport forum opens the way for electric cars', May 5).

19 May 2011 - 12:00am

Mainland car sales continue to slow down

Sales of passenger cars on the mainland grew by single digits for the third month in a row, climbing only 2.8 per cent from a year ago in further evidence of a slowdown in the world's biggest car market.

11 May 2011 - 12:00am

Lai See

Measuring the problem won't make it go away

It's hard to know whether to laugh or cry over the Environmental Protection Department's 'plan' to track polluting taxis and cars using remote-sensing street-level technology. A classic case of closing the stable door after the horse has bolted.

4 May 2011 - 12:00am


How do you get hold of a vintage car?

The Classic Car Club of Hong Kong publishes adverts for cars for sale in its quarterly magazine. As not many come on the market in Hong Kong, most people source classic cars in Britain, New Zealand or Australia. Search the internet and classic car magazines. But beware of buying a car that you have not seen in the metal.

22 Nov 2010 - 12:00am

A different picture of mainland car sales

At some point this week, the China Automobile Manufacturers Association is expected to announce mainland car sales figures for last year.

The number will be a humdinger. Extrapolating from figures for the first 11 months, we can expect to see whole-year sales of 13.5 million vehicles, up an enormous 44 per cent from 2008.

8 May 2015 - 4:38pm