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
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.20 Apr 2013 - 6:12am
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.23 Feb 2013 - 3:21am
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
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
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
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 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
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
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