Edition:
United States

Norihiko Shirouzu

China auto sales post biggest drop in 7 years as growth engine stalls

Oct 12 2018

BEIJING China's car sales fell the most in nearly seven years in September, stoking concerns the world's biggest auto market could contract for the first time in decades this year amid cooling economic growth and a biting trade war.

RPT-China vehicle sales fall for third straight month as slowdown bites

Oct 12 2018

BEIJING, Oct 12 China's automobile sales fell 11.6 percent in September from a year earlier, the country's top auto industry association said on Friday, marking the third straight month of declining sales in the world's largest auto market.

China vehicle sales fall for third straight month as slowdown bites

Oct 12 2018

BEIJING, Oct 12 China's automobile sales fell 11.6 percent in September from a year earlier, the country's top auto industry association said on Friday, marking the third straight month of declining sales in the world's largest auto market.

BMW to buy control of China venture in 'new era' for foreign carmakers

Oct 11 2018

SHENYANG, China Germany's BMW will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market. | Video

BMW bekommt vollen Zugriff auf China-Geschäft

Oct 11 2018

Shenyang/München BMW darf als erster ausländischer Autohersteller die Mehrheit an einem Gemeinschaftsunternehmen in China übernehmen.

Toyota, sensing an opening, debates building Lexus cars in China

Oct 05 2018

BEIJING Toyota Motor Corp, long opposed to producing its premium Lexus cars in China because of concerns over quality and profitability, is now considering it to ignite growth and narrow sales gaps with its German rivals, four company insiders told Reuters. | Video

China auto sales drop again on trade war, economic gloom

Sep 11 2018

BEIJING China's automobile sales fell for the second straight month in August as a weak macro economy and trade frictions with the United States made consumers cautious about spending, an industry association said on Tuesday.

UPDATE 2-China auto sales drop again on trade war, economic gloom

Sep 11 2018

* New-energy vehicle sales up nearly 50 pct on year in Aug (Adds analyst comment, details)

Volvo Cars drops IPO due to trade tensions and auto stocks downturn

Sep 10 2018

BEIJING/PARIS Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks. | Video

Toyota says in talks with Geely on cooperation in hybrid vehicle tech

Sep 06 2018

BEIJING Toyota Motor Corp said on Thursday it is in talks with Chinese automaker Geely about cooperation in gasoline-electric hybrid vehicle technology, but nothing has been decided on the matter.

World News