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Tag Archives: china

VW profit jumps on China, U.S. sales

Audi A6) and the USA. Sales in China, its largest market, jumped 46% in the quarter 950,729 cars, while its car market share there held at 17.9%. U.S. sales are much smaller, but were up 29% to 175,323 vehicles, boosting market share from 2.8%

Rental vehicle company CEO chases a big catch in the…

Charles Lu says he wants more people to realize that renting cars may be better than buying cars. Provided to China Daily Charles Lu proudly recounts to visitors how he recently caught a nine-kilogram snakehead fish on a trip to Canada. He

Audi striving to meet Chinese demand

the next five years, Audi, which is owned by Volkswagen, will be able to make 300,000 more cars per year in China than it does at present, he said. Last week, rival BMW said it would revise sharply higher the number of autos shipped to China from Germany

Fuji Heavy hasn’t decided on China venture

to form a production venture in China following a Chinese media report that the Japanese maker of Subaru-brand cars had begun talks on such a proposal. “We are exploring various possibilities in China, including whether or not to enter the

Consumer choice in energy consumption

China. For instance, China replaced the US as the world’s largest auto market last year. Though Chinese cars get better mileage on average than American cars, the rapid growth of car ownership in China can easily burn out whatever energy efficiency gains

China needs own style in addressing city-car dilemma

said. On a typical Monday afternoon at the East Chaoyang Street in Changchun, among China’s second-tier cities, cars are crawling at a snail’s pace as drivers are blasting their horns in a sign of their growing impatience. In China’s capital city,

GM breaks ground on China car lab

auto giant General Motors broke ground in Shanghai on Monday on a research facility that will develop electric cars, lightweight materials and alternative fuel technology for China and the world. The 250,000-dollar facility, which is due to be completed

Fewer buyers cause fall in car plate price in Shanghai

said.”But the notable decline in number of bidders was still out of our expectation.”Nationwide, sales of cars, including sedans, sport-utility vehicles and multi-purpose vehicles, gained 10.9 percent to 839,200 units last month, according to the China

5,000 arrested across Asia in police swoop on illegal…

enclaves which are now parts of China — had taken more than $155-million in bets. Police also seized cars, bank cards, computers and mobile phones during the raids, which were coordinated by Interpol’s headquarters in Lyon and its Bangkok liaison office

Thousands arrested for illegal World Cup gambling

in China, Hong Kong, Macau, Malaysia, Singapore and Thailand. They seized $10 million in cash, as well as cars, bankcards, computers and mobile phones. Those arrested are said to have clear connections to organised crime gangs and are also linked to