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Home >> Automaker
  Mercedes widens lead over Audi, BMW
Automotive News China | 2018/7/17

Mercedes-Benz padded its lead as the top-selling luxury brand over main rivals Audi and BMW in China last  month.   Mercedes sales kept growing at a double-digit pace in June, advancing 14 percent to 56,945. 
>> Read Full Story

  FAW Group, Dongfeng, Chongqing Changan ready ride-sharing platform
Reuters | 2018/7/17

FAW Group, Dongfeng Automobile and Chongqing Changan Automobile formally set up a venture to establish a ride-sharing platform, Changan said, creating the kind of service pioneered by Uber.
>> Read Full Story

  BYD seeks police probe of alleged employee impersonator
Bloomberg | 2018/7/17

BYD Co. asked the police to investigate a person who allegedly posed as an employee and signed unauthorized marketing contracts in the company's name. 
>> Read Full Story

  BYD to offer financial leasing for electric buses in U.S.
Automotive News China | 2018/7/17

Chinese electrified vehicle maker BYD Co. formed a joint venture with San Francisco investment company Generate Capital to launch a $200 million leasing program for electric buses in North America. 
>> Read Full Story

  BMW set to raise stake in Brilliance joint venture above 50%
Bloomberg | 2018/7/13

BMW AG stands to become the first foreign car manufacturer to own a majority stake in a Chinese joint venture, showing Beijing is following through on a pledge to increasingly open up the economy to global corporations.
>> Read Full Story

  Tesla sharing tech with China 'subject to negotiation'
Bloomberg | 2018/7/13

SHANGHAI -- Any sharing of technology by Tesla Inc. with a Chinese partner as part of its expansion in the world's largest electric-car market is a matter that's "subject to negotiation," a Shanghai government official said.
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  VW to build EVs for Seat brand at JV with JAC
Automotive News China | 2018/7/13

The Volkswagen Group plans to assemble electric vehicles under the Seat brand at its EV joint venture with state-owned Chinese automaker Jianghuai Automobile Co. in two to three years. 
>> Read Full Story

  VW, FAW partner on e-mobility, autonomous driving
Reuters | 2018/7/13

FRANKFURT -- Volkswagen AG agreed to cooperate with China's FAW Group and the China Intelligent and Connected Vehicles Research Institute on technologies including e-mobility, connectivity and autonomous driving.
>> Read Full Story

  Geely predicts big growth in first-half profits
Automotive News China | 2018/7/13

Geely Automobile Holdings expects first-half net profit to grow about 50 percent from 4.34 billion yuan ($648 million) a year earlier.   The gains will come from a sharp increase in revenue, sales and improved product mix during the period, the company said in a statement Wednesday.
>> Read Full Story

  BMW to join board of Baidu's autonomous driving platform Apollo
Reuters | 2018/7/13

FRANKFURT -- BMW signed a memorandum of understanding with tech giant Baidu to join its autonomous driving platform Apollo as a board member.   The deal was signed during a visit by Chinese Premier Li Keqiang to Germany.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Trump's trade war delivers unintended boon to China's auto industry

Light-vehicle sales rose 2.3% in June behind sedans

BMW set to raise stake in Brilliance joint venture above 50%

Tesla sharing tech with China 'subject to negotiation'

After Tesla deal, Shanghai to phase out caps on foreign ownership limits

VW to build EVs for Seat brand at JV with JAC

VW, FAW partner on e-mobility, autonomous driving

Geely predicts big growth in first-half profits

BMW to join board of Baidu's autonomous driving platform Apollo

Didi signs up Continental for EVs

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