Latest China news

  • China auto show opens amid environmental, growth concerns
    China auto show opens amid environmental, growth concerns 4 hours ago

    This picture taken on April 19, 2014 shows a Mazda car being installed in an exhibition hall ahead of the Beijing International Automotive Exhibition More »

  • Lexus aloof from China production while Nissan, Honda step in
    Lexus aloof from China production while Nissan, Honda step in 4 hours ago

    By Yoko Kubota BEIJING (Reuters) - The head of Lexus, the premium brand of Toyota Motor Corp , said on Sunday an emphasis on quality had kept it from manufacturing in China. Unlike German peers Audi, Volkswagen AG's luxury division and BMW , Lexus imports all of its vehicles sold in China, from Japan. But high tariffs charged on imported cars make it hard to generate volume and last year, Lexus sold around a seventh of Audi's tally and a fifth of what BMW sold in China. More »

  • BMW helping Brilliance China to develop new minibuses 5 hours ago

    Olaf Kastner, Chief Executive of BMW Brilliance Automotive, said the joint venture between BMW Group and Brilliance China Automotive Holdings Ltd had diversified beyond building BMW branded cars in the world's largest car market. The Munich-based auto maker is helping its Chinese partner develop engines and a next generation minibus as it seeks to deepen its foothold in China where restrictions prevent foreign owners from exerting full control over local manufacturers. "This is a partnership, but not formalised," Kastner said in an interview at China Auto, the motorshow in Beijing. But they sourced and built it," Kastner said, adding that the minibuses may soon be launched under a new brand but he declined to elaborate further. More »

  • Mercedes, BMW chase ultra rich clients with new high end cars
    Mercedes, BMW chase ultra rich clients with new high end cars 5 hours ago

    Premium auto maker BMW unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine. Ian Robertson, BMW Group's board member responsible for sales and marketing said the car is being presented the Auto China show in Beijing as a way to test customer opinion in the world's largest car market. Around half of tall the 7-series flagship models made by BMW end up being sold in China, Robertson said. BMW Group's sales in China are up 25 percent in the first quarter. More »

  • GM to battle VW in China with $12 billion investment and new plants
    GM to battle VW in China with $12 billion investment and new plants 5 hours ago

    U.S. car giant General Motors Corp (GM) plans to invest $12 billion (7.13 billion pounds) in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market. GM expects its China sales to expand 8-10 percent this year, in line with the overall growth of the Chinese market, where foreign firms, such as Volkswagen AG , and domestic players like SAIC Motor Corp vie for more market share. In total we are investing $12 billion between 2014 and 2017," Matt Tsien, president of GM China, said at the Auto China show in Beijing. GM plans to build five more plants in China next year, as part of its efforts to ramp up manufacturing capacity there by 65 percent by 2020, executives said on Sunday. More »

  • Chinese admiral to snub Japan at regional meeting - Xinhua
    Chinese admiral to snub Japan at regional meeting - Xinhua 6 hours ago

    The commander of the Chinese navy will refuse to meet Japanese military officials one-on-one at a regional naval symposium in China this week, a navy spokesman was quoted as saying on Sunday, citing what he called hurtful actions by Japanese leaders. The decision to snub Japanese officials attending the Western Pacific Naval Symposium in Qingdao on Tuesday and Wednesday comes during a chill in relations between the world's no.2 and no.3 economies, amid a row over a chain of disputed islands in the East China Sea. In addition to the territorial quarrel, China's ties with Japan have long been poisoned by what Beijing sees as Tokyo's failure to atone for its occupation of parts of China before and during World War Two. On Sunday the head of Japan's National Public Safety Commission visited the Yasukuni Shrine, which critics including the Chinese government see as a symbol of Tokyo's wartime aggression. More »

  • Hamilton seals first F1 hat-trick
    Hamilton seals first F1 hat-trick 6 hours ago

    Lewis Hamilton sealed his first hat-trick of Formula One wins and led Mercedes to their third straight one-two finish at the Chinese Grand Prix as the team tightened their grip on the season Sunday. More »

  • Pitstop blunder ruins Massa's race 6 hours ago

    By Abhishek Takle SHANGHAI (Reuters) - A frustrated Felipe Massa was left ruing a pitstop blunder by his Williams team that left him out of the points in Sunday's Chinese Formula One Grand Prix. "Unfortunately, another race that we lost important points," Massa, who eventually crossed the line a lap behind winner Lewis Hamilton in 15th place, told reporters. We need to understand everything that happens, when it's good when it's bad and try to make things better next (time)." Rob Smedley, who joined Williams recently as their new head of vehicle performance, said the reason for the botched pitstop was clear and that the team needed to implement changes to prevent a repeat. More »

  • Automakers unveil China-focused models in Beijing
    Automakers unveil China-focused models in Beijing 6 hours ago

    Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. Automakers are looking ... More »

  • GM boosting China production capacity to 5 million
    GM boosting China production capacity to 5 million 6 hours ago

    BEIJING (AP) — The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million. More »

  • Ferrari's Alonso: 'We're still in the fight'
    Ferrari's Alonso: 'We're still in the fight' 7 hours ago

    SHANGHAI (AP) — Ferrari driver Fernando Alonso said his struggling team is "still in the fight" after he finally got on the podium for the first time this season, finishing third at the Chinese Grand Prix. More »

  • Alonso credits Domenicali after Ferrari podium
    Alonso credits Domenicali after Ferrari podium 7 hours ago

    Fernando Alonso earned Ferrari their first podium finish of the Formula One season on Sunday and handed some of the credit to former team boss Stefano Domenicali. The Spaniard said his third place in China, the fourth race of the year, was a confidence boost for Formula One's most glamorous team after a difficult start to the season led to Domenicali's resignation last week. "We have definitely made a step forward, because compared to two weeks ago, we have partly closed the gap to the leaders, but we are well aware there's still a long way to go and we have to keep our feet on the ground." Mercedes have won every race this year, with Lewis Hamilton leading Nico Rosberg in a one-two finish in the last three including China. More »

  • China's Most Expensive Production Car Sells for £500,000
    China's Most Expensive Production Car Sells for £500,000 7 hours ago

    Communist China's FAW Group has sold its first Hongqi ("Red Flag") L5, the company has announced at the Beijing auto show. The first customer was Wang Zhonghua, who owns a nationwide furniture mall chain. The FAW Group Corp – formerly First Automotive Works - is China's local manufacturing partner with Audi and makes the company's Volkswagen AG (VOW) cars. FAW was set up by the Communist Party in 1958 and its first customer was Chairman Mao. More »

  • Lotus progress halted by gearbox gremlins 8 hours ago

    Romain Grosjean's hopes of scoring Lotus's first points of the Formula One season were dashed on Sunday when the Frenchman was forced out of the Chinese Grand Prix by a gearbox problem. Grosjean had qualified 10th in treacherous conditions on Saturday and was gunning for a ninth-place finish when his race engineer came on the radio asking him not to shift into fourth gear. "It had been quite nice in the race as we'd been fighting for ninth position so we were in the points, which is a good improvement from before." Grosjean's team-mate Pastor Maldonado, who had start from the back of the grid after being unable to compete in qualifying, finished 14th. More »

  • Hamilton wins third straight F1 race at Chinese GP
    Hamilton wins third straight F1 race at Chinese GP 8 hours ago

    SHANGHAI (AP) — Mercedes driver Lewis Hamilton captured his third straight Formula One race with ease on Sunday, leading from start to finish to win the Chinese Grand Prix. More »

  • Motor racing-Team by team analysis of Chinese Grand Prix 8 hours ago

    Team by team analysis of Sunday's Chinese Formula One Grand Prix (listed in current championship order): - - - - MERCEDES (Lewis Hamilton 1, Nico Rosberg 2) Hamilton's third win in a row, the first time in his F1 career that he has done that, and 25th in total. He has now equalled the tally of former champions Niki Lauda and Jim Clark and is eighth on the all-time list. - RED BULL (Daniel Ricciardo 4, Sebastian Vettel 5) Vettel was ordered to let Ricciardo through for the second race in a row, complying after initial reluctance. - FORCE INDIA (Nico Hulkenberg 6, Sergio Perez 9) Force India slipped from second place but remain the second strongest Mercedes team. More »

  • Motor racing-Formula One Chinese Grand Prix result 9 hours ago

    April 20 (Infostrada Sports) - Result from the Formula One Chinese Grand Prix at Shanghai International Circuit on Sunday 1. Lewis Hamilton (Britain) Mercedes 1:33:28.338 2. Nico Rosberg (Germany) Mercedes +00:18.062 3. Fernando Alonso (Spain) Ferrari 00:23.604 4. Daniel Ricciardo (Australia) RedBull - Renault 00:27.136 5. Sebastian Vettel (Germany) RedBull - Renault 00:47.778 6. Nico Huelkenberg (Germany) Force India - Mercedes 00:54.295 7. Valtteri Bottas (Finland) Williams-Mercedes 00:55.697 8. Kimi Raikkonen (Finland) Ferrari 01:16.335 9. Sergio Perez (Mexico) Force India - Mercedes 01:22. ... More »

  • GM says China sales to hit 5 million next year
    GM says China sales to hit 5 million next year 9 hours ago

    Sales of GM-brand vehicles in China should reach 5 million next year, and Cadillac sales will double to 100,000, the president of General Motors said Sunday. Speaking at the Beijing auto show, Dan Amman ... More »

  • In the driving seat: China's yuppies are new market force for global au …
    In the driving seat: China's yuppies are new market force for global au … 9 hours ago

    By Samuel Shen and Norihiko Shirouzu SHANGHAI/BEIJING (Reuters) - Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model. After nearly two decades of frenzied growth driven mainly by the very wealthy, China's auto market is maturing, yet remains ferociously competitive with manufacturers having to react quickly to shifting consumer trends. People like Zhou Wenxi, a 32-year-old Shanghai cram-school owner, and Guo Yetao, 23, a software salesman from Hangzhou, are fuelling two trends: hot demand for smaller crossover sport utility vehicles like Ford Motor Co's EcoSport; There is a potential "seismic shift" in the influence these young urban professionals will have on China's auto market, says Yale Zhang, head of Automotive Foresight, a Shanghai-based consultant. More »

  • McLaren woes continue in China 9 hours ago

    McLaren endured another tough weekend in China on Sunday with both drivers failing to score points for the second race running and the team tumbling down the Formula One constructors' standings. After a double retirement in Bahrain, the team's first since 2006, Jenson Button and Danish rookie Kevin Magnussen finished a distant and disappointing 11th and 13th respectively in Shanghai. McLaren, the second most successful team in the sport, had led the constructors' championship after the opener in Australia when Magnussen was second and Button third but they slumped to fifth overall on Sunday. "We've got a lot of work to do and it's tough for all of us, it's tough for us out there driving the car because we've got to put up with it for an hour and a half." Magnussen said the car overall was good but lacked overall grip: "We just need loads of downforce," he said. More »

  • Hamilton storms to China Grand Prix win
    Hamilton storms to China Grand Prix win 10 hours ago

    Lewis Hamilton completes a hat-trick of wins by leading a Mercedes one-two in the Chinese Formula One Grand Prix. More »

  • Vettel chafes after orders to let Ricciardo pass
    Vettel chafes after orders to let Ricciardo pass 10 hours ago

    By Abhishek Takle SHANGHAI (Reuters) - Formula One world champion Sebastian Vettel smarted on Sunday after being told for the second race in a row to let Red Bull team mate Daniel Ricciardo overtake because the Australian was faster. Ricciardo finished fourth in the Chinese Grand Prix with quadruple champion Vettel, winner of the last nine races of 2013, in fifth. Vettel sounded reluctant to comply when he received the radio instruction on the 24th lap, replying 'tough luck'. Ricciardo went past on lap 27 and ended the race more than 20 seconds ahead of Vettel and with Ferrari's third-placed Fernando Alonso in his sights. More »

  • Hamilton wins Chinese GP in Mercedes one-two
    Hamilton wins Chinese GP in Mercedes one-two 10 hours ago

    By Abhishek Takle SHANGHAI (Reuters) - Lewis Hamilton raced to a hat-trick of wins in Sunday's Formula One Chinese Grand Prix, cruising unchallenged to the flag ahead of team mate Nico Rosberg as a dominant Mercedes claimed a third straight one-two finish. The win was the 25th of Hamilton's career and drew him level with British legend Jim Clark and his current Mercedes boss, triple world champion Niki Lauda, in the all-time winner's list. It is also the first time that Hamilton - who moved ahead of Clark to become the top British qualifier on Saturday - has managed to win three races in a row. This team is on a roll, that's for sure." Fernando Alonso, winner of last year's race in China, finished third to give Ferrari their first podium of the season and the first under new boss Marco Mattiacci, who looked on from the pitwall. More »

  • Premium car brands eye China's secondhand market
    Premium car brands eye China's secondhand market 11 hours ago

    By Edward Taylor and Jan Schwartz BEIJING (Reuters) - Strong demand for new automobiles in China has laid the foundations for the next leg of business for carmakers BMW , Audi and Mercedes-Benz: the second-hand premium car market. China's auto market is the world's biggest and is set to grow between 8 percent and 10 percent this year, fuelled by increasingly affluent buyers, who use them for the daily commute, with some opting for luxury brands as a status symbol. We have 290 dealers who offer certified pre-owned Audis," Rupert Stadler, chief executive of Volkswagen's premium brand, Audi, said during the Auto China show in Beijing. "In China, we have some dealers that sell between 1,500 and 3,000 cars." Audi, which expects China to contribute 40 percent of its sales by 2020, plans to train 40,000 to 50,000 new sales staff a year by 2017 to meet growing demand for brand-new and used cars, he said. More »

  • Hamilton Wins In China
    Hamilton Wins In China 12 hours ago

    Lewis Hamilton has completed a hat-trick of victories for the first time in his F1 career by easing to victory in the Chinese GP ahead of Mercedes team-mate and title rival Nico Rosberg. Leading the race from start to finish, and never once having cause to check his mirrors, Hamilton was in cruise control as he romped to his third successive victory. The 2008 World Champion is now just four points behind Rosberg in the Drivers' World Championship despite the German's sturdy recovery to second place as Mercedes wrapped up a hat-trick of their own with a third consecutive 1-2 for the dominant Silver Arrows. With Hamilton effectively only racing himself after pulling away from the field at a rate of a second per lap from the start, and Rosberg cutting through the field like a knife through melting butter in the class-apart W05 after a bumpy ride through the first corner, only the ongoing travails of Sebastian Vettel provided compelling intrigue. More »

  • Lewis Hamilton of Mercedes wins the Formula One Chinese Grand Prix 12 hours ago

    Lewis Hamilton of Mercedes wins the Formula One Chinese Grand Prix. More »

  • Local anger at Japan island surveillance unit
    Local anger at Japan island surveillance unit 14 hours ago

    Residents scuffle with officials as Tokyo begins construction of coastal monitoring unit near islands claimed by China. More »

  • Daimler to sell DENZA electric car in China with local subsidy
    Daimler to sell DENZA electric car in China with local subsidy 14 hours ago

    Daimler said its DENZA electric car will be eligible for local subsidies in China when it goes on sale there in September priced at 369,000 renminbi (35,693.04 pounds). DENZA, a local Chinese brand jointly developed with Chinese partner BYD , forms part of the German auto maker's push to expand its footprint in the world's largest car market, and to boost economies of scale for electric cars. Speaking at Auto China, the car show held in Beijing on Sunday, Thomas Weber, Daimler's head of research and development, said: "DENZA is the first complete vehicle that Daimler has developed together with BYD outside of Germany." The 5-seater car will be produced by Shenzen BYD Daimler New Technology Co. Ltd, and will have an operating range of 300 km (190 miles), Daimler said. More »

  • Motor racing-Formula One Chinese Grand Prix starting grid 14 hours ago

    April 20 (Infostrada Sports) - Starting grid from the Formula One Chinese Grand Prix at Shanghai International Circuit on Sunday 1. Lewis Hamilton (Britain) Mercedes 2. Daniel Ricciardo (Australia) RedBull - Renault 3. Sebastian Vettel (Germany) RedBull - Renault 4. Nico Rosberg (Germany) Mercedes 5. Fernando Alonso (Spain) Ferrari 6. Felipe Massa (Brazil) Williams-Mercedes 7. Valtteri Bottas (Finland) Williams-Mercedes 8. Nico Huelkenberg (Germany) Force India - Mercedes 9. Jean-Eric Vergne (France) Toro Rosso - Renault 10. Romain Grosjean (France) Lotus - Renault 11. ... More »

  • Hyundai Motor unveils small SUV concept for China, to launch this year
    Hyundai Motor unveils small SUV concept for China, to launch this year 16 hours ago

    By Hyunjoo Jin SEOUL (Reuters) - South Korea's Hyundai Motor on Sunday unveiled its small sport utility vehicle (SUV) concept targeted at the Chinese market, planning to join a flurry of rivals in tapping the growing segment in the world's biggest market. Hyundai said it had picked popular Korean actor Kim Soo-hyun to promote the subcompact SUV ix25, to capitalise on the Korean pop culture boom in wooing Chinese customers aged between 25 and 35. Small SUVs are a bright spot in key markets from China and India to the United States and Europe, offering the functionality and space of SUVs in an affordable small vehicle. In China, General Motors and Ford Motor are offering small SUVs Trax and EcoSport, respectively, among other carmakers. More »

  • Toyota to launch China-made Corolla, Levin hybrids in 2015
    Toyota to launch China-made Corolla, Levin hybrids in 2015 17 hours ago

    By Yoko Kubota BEIJING (Reuters) - Toyota Motor Corp plans to make and sell hybrid versions of its Corolla and Levin sedans in China next year, fitting them with locally-made components, in its first bid to entirely manufacture gas-electric hybrids outside Japan. The backdrop to Toyota's plans are efforts by foreign and domestic automakers to kick-start sales of hybrid cars in China, as the world's largest auto market warms to the vehicles in its efforts to cut pollution and reliance on fossil fuels. Toyota, an industry leader in hybrid vehicles, already makes the Prius and Camry hybrids in China, but has to import key parts, such as hybrid systems, making it tough to generate volume due to high import tariffs. In 2015, the Corolla and Levin hybrid sedans will carry made-in-China batteries, hybrid transaxles and inverters, Executive Vice President Yasumori Ihara, said at the Auto China car show in Beijing on Sunday. More »

  • Best Of British Gear Up For China Car Show
    Best Of British Gear Up For China Car Show 18 hours ago

    UK brands such as Rolls-Royce, Jaguar and Land Rover are showing their new models at the China Motor Show in Beijing to help boost sales in an intensely competitive market. More than 1,100 vehicles will be on display at the exhibition which will also be attended by General Motors, Toyota, Volkswagen and Hyundai, along with SAIC and Dongfeng, China's domestic carmakers. Although sales growth is forecast to slow from last year's 15.7% to 8 to 10% this year, China remains the world's biggest auto market with 17.9 million vehicles sold last year. The boss of Mercedez-Benz in China told Sky News earlier this year that survival in the automotive industry is based largely on success in China. More »

  • China set to replace U.S. as Volvo's biggest market this year
    China set to replace U.S. as Volvo's biggest market this year 19 hours ago

    China is set to surpass the United States to become Volvo Car Group's biggest market in 2014 with sales of at least 80,000 cars in the world's largest auto market. Its car sales target for 2014 is around a third higher than the 61,146 cars sold in 2013, while sales in the United States in 2014 are expected to increase only in line with the broader market, it said in a statement on Sunday. In the first quarter of this year, it sold 17,286 cars in China, up 25.4 percent from a year earlier. Volvo, whose XC60 SUV is its best-selling model in China, expects the Chinese market to help boost its global sales in coming years, though it faces competition from foreign firms, such as General Motors Co , and domestic players such as SAIC Motor Corp . More »

  • China's shadow to follow Obama around Asia
    China's shadow to follow Obama around Asia 20 hours ago

    President Barack Obama will not visit China on his Asia tour next week, but its broadening shadow will be cast everywhere he goes at a time of complex regional disputes and questions about US strategy. More »

  • Beijing auto show opens amid market slowdown 20 hours ago

    Global and Chinese automakers are looking to the Beijing auto show to help boost sales in a slowing, intensely competitive market. Brands from General Motors Co. to Chinese SUV maker Great Wall Motors ... More »