• Sun
  • Dec 28, 2014
  • Updated: 12:07pm

Automobiles

China's low-cost carmakers race up value chain

A prototype car from Nissan is viewed on the opening day of the Shanghai auto show on Saturday. Photo: Reuters

The trend was on display yesterday at the start of the Shanghai car show, with carmakers such as Great Wall, Changan, and Beijing Auto - who typically price their cars at below 150,000 yuan (HK$186,500) - presenting new models at prices closer to the mid-range mark of 200,000 yuan.

Thursday, 29 August, 2013, 4:13am

Vehicle makers' shares are boosted by leap in mainland sales

Mainland car maker Geely saw record year-on-year sales growth of 67 per cent in January, which helped push its shares 7.66 per cent higher yesterday. Photo: Bloomberg

Vehicle makers' stocks continued to rally yesterday, with electric-car manufacturer BYD closing above HK$30 for the first time in 21 months after robust sales on the mainland last month.

16 Feb 2013 - 4:13am

Japan’s Suzuki shuts down US car business

Suzuki  will stop selling cars in the US, but will keep its other businesses going. Photo: Bloomberg

Japan’s Suzuki said on Tuesday it would shut down its money-losing car business in the United States and file for bankruptcy, citing a strong yen and weak demand for its small cars in the US market.

6 Nov 2012 - 4:33pm

China cars: Volvo sputters, GM sails

Geely Chairman Li Shufu attends a press conference after the signing ceremony in Goteborg of Sweden, March 28, 2010. Photo: Xinhua

Volvo is rapidly running into trouble and could eventually pull down Geely, while GM is consolidating its market leading position through strong growth for its low-end cars.

26 Sep 2012 - 12:42pm

Cars may be vulnerable to computer viruses, too

An employee uses a computer mouse inside an office in Kiev April 24, 2012. REUTERS/Gleb Garanich

BOSTON (Reuters) - A team of top hackers working for Intel Corp's <INTC.O> security division toil away in a West Coast garage searching for electronic bugs that could make automobiles vulnerable to lethal computer viruses.

20 Aug 2012 - 6:52pm

When old rubber hits the road

It's a great feeling driving out of a showroom in a new car, tempered only by the fact that your new toy has, in a flash, depreciated in value by as much as 20 per cent and you've been hammered by a wallet-sucking first registration tax of up to 115 per cent of the retail price.

23 May 2011 - 12:00am

Deluxe cars get new home in HK

The financial meltdown in Europe, the strong economy in Hong Kong and the city's ravenous appetite for luxury goods have led to a surge in the number of imported second-hand private cars. And although they are not new, they are not necessarily cheap either.

Transport Department figures show the number of such imports reached 9,412 last year, compared to 2,991 in 2006.

6 Apr 2011 - 12:00am

IAuto leads online used-car sale

Ma Xiaowei's husband likes telling people she is a used-car dealer.

Even in the mainland, with less than a decade of widespread private car ownership, this profession ranks alongside journalism as among the least trusted and most ignoble.

27 Feb 2007 - 12:00am

IAuto leads online used-car sale

Mainland pioneer navigates rough road in a young market

Ma Xiaowei's husband likes telling people she is a used-car dealer.

Even in the mainland, with less than a decade of widespread private car ownership, this profession ranks alongside journalism as among the least trusted and most ignoble.

27 Feb 2007 - 12:00am

Driven to distraction

Many would-be car buyers who held off in anticipation of cheaper vehicles because of the government's commitment to lower tariffs under the Asean Free-Trade Area are now in a quandary.

Instead of cheaper vehicles, they could actually end up paying more for their pride and joy.

17 Jan 2004 - 12:00am

Motors running for second-hand market

LONG CONSIDERED the preserve of shady profiteers, the Hong Kong used-car market still offers considerably better value than many other countries. In a city where the latest Lexus is the ultimate status symbol, it is not difficult to see why prices for used cars are relatively cheap.

10 Dec 2000 - 12:00am