China sold a total of 1.33 million vehicles, including trucks, buses and passenger cars, in September, representing a year-on-year increase of 78% thanks to the government stimulus measures.Statistics from the China Association of Automobile Manufacturers showed that sales of passenger cars, including...
The list of participants at the Tokyo Motor Show says it all – the Japanese car market is sinking into irrelevance. At least that is the mood ahead of the biennial event opening next week as one carmaker after another canceled its attendance, leaving just two boutique brands from overseas &...
Luxury automobile manufacturer Bugatti Automobile SAS recently opened its first exhibition room in Beijing, in a bid to meet the growing demand from Chinese customers.The opening of the show room, the first one in the world, shows Bugatti's confidence in China's luxury car market, according to a senior...
Top French luxury sports brand Bugatti opened its first-ever showroom on Jinbao street in Beijing. The company has only sold two units of the Bugatti's Vayron in the Chinese mainland and Hong Kong. The car, which was shown at the Beijing Auto Show 2008 is priced at more than 20 million yuan. Age...
The Frankfurt auto show buzzed with an amusement park atmosphere as it opened to the public Saturday amid signs that Europe's biggest economy is pulling out of a historic recession. Despite warnings that the German auto sector is headed for a sales slump now, visitors thronged to photograph new m...
By Chen Xiaomin Mercedes-Benz unveiled four new models at the Chengdu Motor Show Friday, expanding its product portfolio in order to serve an increasingly complex market. All four new cars showcased at the show have sports features. The E-coupe uses a 3.5-liter V6 engine, enabling it to go from ...
* New car sales in Europe up 3 percent in August * End of scrappage incentive schemes eyed * Analysts look to show for signs of more consolidation * Green technology seen as key focus...
* Europe new car sales up 3 percent in Aug. * Follows 14 mths of falls * End of scrappage incentive schemes eyed * Analysts eye show for signs of more sector consolidation * Green...
US President Barack Obama made a controversial choice Friday by imposing a stiff tariff on Chinese tires for cars and light trucks. The decision shows that the interests of the Chinese people are again being held hostage to the domestic political situation of the US. Obama's unwise move to levy t...
WASHINGTON, Sept 10 - The U.S. trade gap widened dramatically in July as imports surged and dealers stocked up on cars for the "cash for clunkers" program, while more recent data showed improvement in the...