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Yilei Sun

China's car sales tumble, road ahead bumpy

Feb 18 2019

SHANGHAI China's automobile sales fell for a seventh straight month in January, the country's top auto industry association said on Monday, as demand slowed in the world's largest auto market.

UPDATE 2-China's car sales tumble, road ahead bumpy

Feb 18 2019

* China's automobile sales in January fall 15.8 pct y/y - CAAM

SoftBank's Vision Fund in talks to invest $1.5 billion in Chinese used car platform: sources

Feb 02 2019

HONG KONG/BEIJING The SoftBank-led Vision Fund is in talks to invest up to $1.5 billion in Chinese used car trading platform Guazi.com, two people with knowledge of the matter said.

Tesla begins sales of cheaper Model 3 car variant in China

Feb 01 2019

BEIJING/SHANGHAI U.S. electric vehicle maker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 car, as it seeks to accelerate China sales hit by trade friction between Washington and Beijing. | Video

China's Didi sets up joint ventures with BAIC unit, Volkswagen

Jan 28 2019

BEIJING China's Didi Chuxing has set up joint ventures with a unit of Chinese carmaker BAIC and Germany's Volkswagen as part of the ride hailing giant's goal to ultimately develop purpose-built cars for its services.

Hyundai Motor to cut China jobs after sales slump

Jan 25 2019

SEOUL/BEIJING Hyundai Motor said its Chinese joint venture (JV) is accepting voluntary retirements and reviewing various "optimization plans" at its factories following a slump in car sales in the key market.

Exclusive: Tesla holds battery supply talks with China's Lishen

Jan 22 2019

BEIJING U.S. electric vehicle (EV) maker Tesla Inc has held talks with China's Tianjin Lishen to supply batteries for its new Shanghai factory, and two people with direct knowledge of the matter said the pair signed a preliminary agreement.

EXCLUSIVE -Tesla says it received battery quotes from China's Lishen but no deal agreed

Jan 22 2019

* Tesla says it received quotes from Lishen, but nothing signed

EXCLUSIVE -Tesla in talks with China's Lishen over Shanghai battery contract - sources

Jan 21 2019

* U.S. carmaker's current exclusive supplier is Japan's Panasonic

Exclusive: British Lotus cars to be 'Made in China' at new Geely plant - documents

Jan 17 2019

BEIJING/SHANGHAI The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion) factory in Wuhan city, company job advertisements and government documents showed. | Video

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