Automotive Industry

French fume over mocking snub by US businessman

Riot police are covered with paint during clashes with protesters in front of tyremaker Goodyear's headquarters in France. Photo: Reuters

The grim routine of economic life in Europe and efforts to get to grips with intractable problems of high unemployment, heavy deficits and debts were enlivened last week by an extraordinary spat between an American industrialist nicknamed "The Grizz", outraged French workers and a Socialist minister.

Wednesday, 27 February, 2013, 3:14am

BMW taps wind to maintain profit

The BMW i8 electric concept car at the Canadian International Auto Show. Photo: Xinhua

Four wind turbine towers will soon supply almost a quarter of the power used at Bayerische Motoren Werke's Leipzig plant, where the carmaker builds the X1 sport utility vehicle and soon the i3, its first electric car.

20 Feb 2013 - 2:52am

Export growth pushes Geely Automobile past weak local demand

Geely Automobile's exports nearly tripled in the first six months of the year. Photo: Bloomberg

A sharp growth in exports not only rescued mainland carmaker Geely Automobile from weakening demand at home but also made it one of the best performers among its domestic rivals in the first half of this year.

7 May 2015 - 1:03pm

Zhongsheng a tale of life in the fast lane

Zhongsheng chairman, Huang Yi, says it is "absolutely possible" turnover can reach 100 billion yuan. Photo: Edmond So

It looked like an ordinary car dealership found anywhere on the mainland, with long glass windows showcasing the latest car models and a handful of neatly dressed agents waiting with their sales pitches.

20 Aug 2012 - 5:36am

Leader of the pack

The BMW X6 Sports Activity Coupe seems bulky in Hong Kong traffic, but the luxury crossover makes sense if you are travelling into Guangdong for business or a game of golf.

15 Aug 2012 - 10:54pm

After-sales service found wanting

The mainland may be a market where carmakers post record sales year after year, but some of the companies are not expanding their after-sales services quickly enough.

15 Aug 2012 - 10:51pm

HK to be new HQ for luxury carmaker Infiniti

Infiniti, the luxury division of Japan's second-largest carmaker, Nissan, is moving its global head office to Hong Kong, the first time the city has been selected for the headquarters of a car manufacturer.

22 May 2012 - 12:00am

Shanghai bets on home-grown cars

Despite the slowdown in the market for cars on the mainland, Shanghai is moving into higher gear, beginning construction on an automotive research campus yesterday.

The city hopes to entice global car designers such as Pininfarina to help develop China's domestic marques.

10 May 2012 - 12:00am

Xtension withdrawn from trip to Singapore

John Moore has scrapped plans for Xtension to run in the Singapore Airlines International Cup on May 20 at Kranji, with stablemate Zaidan to replace the back-to-back BMW Champions Mile winner in the field.

10 May 2012 - 12:00am

Mainland car sales drop in quarter

Car sales dropped 1.25 per cent to 3.77 million units on the mainland in the first quarter although the fall narrowed from the first two months, according to data released by the China Association of Automobile Manufacturers yesterday.

Sales rose 4.54 per cent to 1.4 million units last month, as dealers offered more discounts to boost sales.

12 Apr 2012 - 12:00am

Geely to unveil Volvo venture car next year

Geely Automobile says it will roll out its domestically produced car - developed with Volvo - as early as next year, with a price tag of 100,000 to 300,000 yuan.

The Hong Kong-listed arm of Zhejiang Geely is betting on the rights to use Volvo technology, which will provide a competitive edge in the mid-priced passenger car market.

7 May 2015 - 1:03pm

Smaller impact seen from car policy

A new government procurement policy that was hailed as a lifeline for the mainland's carmakers may not be what it first seemed, after a top official clarified last Friday that government leaders are not bound by the new rule.

7 May 2015 - 1:03pm

40pc rise in net profit seen for SAIC

The mainland's largest carmaker, SAIC Motor - which completed a 28.5 billion yuan (HK$35 billion) acquisition late last year - expects net profit to jump 40 per cent to more than 19.21 billion yuan for 2011.

1 Feb 2012 - 12:00am

Rolls-Royce is riding high in China

Red-hot mainland sales of ultra-luxury limousines is set to cool this year, but the head of Rolls-Royce Motor Cars still sees another record-setting year globally for the British carmaker.

Sales of 'Rollers' on the mainland rose 60 per cent last year, helping China overtake the US as the company's single biggest market.

12 Jan 2012 - 12:00am

BMW cars upstage local movie stars at premiere of 'Mission Impossible' sequel

The third act of the fourth instalment of the Hollywood action franchise Mission: Impossible plays out like a BMW commercial.

19 Dec 2011 - 12:00am