Car Makers Expect More Competition in China
Car companies say a sales slowdown in China will likely make competition there more cutthroat as more makers pile into the top auto marketplace.
View ArticleChina says will hit U.S. auto imports with duties
China will impose punitive duties of up to 22 percent on large cars and SUVs exported from the United States, China's Commerce Ministry said on Wednesday, the latest in a series of trade disputes...
View ArticleOnce struggling U.S. auto market now industry bedrock
Welcome to an unlikely beacon of hope for the global auto industry -- Detroit. Executives arriving this week for the Detroit auto show find a U.S. car market that has morphed from meltdown three years...
View ArticleGM records its highest profit ever: $7.6 billion
General Motors earned its largest profit ever in 2011, two years after it nearly collapsed. Strong sales in the U.S. and China helped the carmaker turn a profit of $7.6 billion, beating its old record...
View ArticleAutomakers eager to open up the 'other' China
Despite an unexpected slowdown in sales earlier this year, the Chinese auto market is expected to hit an industry-record 20 million vehicles this year – prompting manufacturers to announce billions of...
View ArticleChinese Auto Dealer Plans $433 Million IPO
Chinese motor-vehicle dealer China Yongda Automobiles Services Holdings plans to raise up to $433 million in an initial public offering ahead of its listing in Hong Kong on May 30, people familiar with...
View ArticleU.S. files complaint against China auto duties: WTO
The United States has filed a trade complaint against China for imposing duties on U.S.-made autos, the World Trade Organization (WTO) said on Thursday.read more
View ArticleChinese Auto Makers May Be Forced Into Bankruptcy
Chinese government to force unprofitable automakers into involuntary bankruptcy... The Ministry said in a note published on Tuesday that it is considering the introduction of a withdrawal mechanism to...
View ArticleU.S. Files Trade Case Against China Over Cars
The Obama administration accused China of unfairly subsidizing its exports of autos and auto parts, while China filed its own trade case against the United States.
View ArticleChinese Auto Market Shifts Toward Larger Cars
Auto buyers in what is the world’s largest car market are shifting away from compacts and subcompacts and buying more midsize cars and sport utility vehicles.read more
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