More in ‘China’

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Saab tries to turn corner with help from Chinese car dealer

Saab’s Trollhattan factory, above, could soon restart production after the Swedish carmaker signed a deal with China’s largest car dealer. Photograph: Thomas Johansson/Getty … View full post on All Stories

Mitsubishi recalls vehicles in China

Japanese automaker Mitsubishi Motors Corporation filed a report with China’s quality inspection authority on Wednesday to recall some of its 2011 Mitsubishi ASX (Active Sports Xover) cars.The … View full post on All Stories

Daimler AG earns up strongly in first quarter, Mercedes rolls on in China

FRANKFURT – Automaker Daimler AG says it nearly doubled net profit in the first quarter as its luxury Mercedes brand kept up its strong sales performance in China. Earnings reached €1.18 … View full post on All Stories

VW Posts Record Profit on China Audi Demand

April 27 (Bloomberg) — Volkswagen AG, Europe’s biggest automaker, reported record operating profit in the first quarter as the Audi and VW brands attracted more Chinese … View full post on All Stories

Toyota to slash its China output

SHANGHAI – Toyota Motor Corp., the automaker most affected by the March 11 disaster, said Wednesday it will reduce auto production at all of its Chinese plants by 50 to 70 percent until June 3 … View full post on All Stories

GM will invest up to $7b in China’s market

/enpproperty–> SHANGHAI – General Motors (GM), the largest foreign automaker by sales in China, will invest $5 billion to $7 billion over the next five years in the world’s biggest vehicle … View full post on All Stories

GM will invest up to $7b in China’s market

/enpproperty–> SHANGHAI – General Motors (GM), the largest foreign automaker by sales in China, will invest $5 billion to $7 billion over the next five years in the world’s biggest vehicle … View full post on All Stories

GM will invest up to $7b in China’s market

/enpproperty–> SHANGHAI – General Motors (GM), the largest foreign automaker by sales in China, will invest $5 billion to $7 billion over the next five years in the world’s biggest vehicle … View full post on All Stories

China’s SAIC net profit more than doubles to US$2.1 billion

SHANGHAI–SAIC Motor, China’s largest automaker by sales, said net profit more than doubled in 2010 on robust sales growth but warned earnings would likely grow at a slower pace this … View full post on All Stories

Buffett backed China car maker scraps dividend

HONG KONG: BYD Co Ltd, a Chinese carmaker backed by US billionaire Warren Buffett, posted a worse-than-expected 94 percent drop in its fourth-quarter earnings on Sunday, as intense competition … View full post on All Stories