Results for automobile: 792

Daimler AG, the world's second-largest maker of luxury cars, said on Thursday that its vehicle sales in mainland China and Hong Kong hit a record high of 5,600 units in April, a surge of 59% from a year earlier, the Dow Jones Newswires reported.Trevor Hale, spokesman for Daimler, said the company鈥檚 vehicle...

China is pinning its hopes on electric vehicles to pick up its sagging automotive industry . GREEN WHEELS: Zotye Auto, a Hangzhou-based private auto producer, displayed its electric vehicle at the Shanghai International Motor Show in April...

Daimler AG's Mercedes-Benz recently said its China vehicle sales hit a monthly sales record of 5,400 units in April, a surge of 72% year on year, the Beijing Times reported.In the first four months of this year, the German auto maker sold 16,500 cars in China, achieving a year-on-year growth of 40%, according to the...

Great Wall Motor Co Ltd<2333>, the largest maker of sport-utility vehicles (SUVs) in China, recently started construction of a plant in Bulgaria with its local partner Litex Motors, sources reported.The plant, located in Lovech, about 150 kilometers northeast of Bulgaria鈥檚 capital, Sofia, will have an annual production capacity...

Japanese automaker Toyota Motor Corp said its China sales in the first quarter of 2009 declined 17% year on year to 125,743 units while major rivals like General Motors Corp and Nissan Motor Co posted robust growth in quarterly sales in the world's largest auto market, the Wall Street Journal reported on...

With negotiations on debt forgiveness reportedly dead, Chapter 11 filing looks imminent. Just hours after President Barack Obama told the nation he was hopeful Chrysler would become viable and that it might be able to avoid bankruptcy...

Zotye Auto Co Ltd, a Zhejiang-based SUV maker, said it will sell a 20~30% stake to a private equity fund-led consortium to raise about RMB 720 million to pave way for its planned initial public offering (IPO) at the Shanghai Stock Exchange, Reuters reported.The consortium, led by SND Ventures Group, a Chinese...

GM illustrates the difficulty of trying to resurrect a failing organization.

SAIC Motor Corp Ltd<600104>, the largest car maker in mainland China, Tuesday announced its hybrid car development plans for year of 2010 and 2012, sources reported.The Shanghai-based car maker said it will launch a hybrid car, the Roewe 750 sedan, in 2010. The hybrid car will reduce the fuel consumption by...

General Motors Corp said on Tuesday its China sales hit a monthly record of 151.084 units in April, up 50% from a year earlier, sources reported.The U.S. automaker said the growing demand for vehicles of its Buick and Wuling brands has greatly helped boost its overall sales in China.GM's passenger vehicle joint...