China Auto Industry

January's slump looks even worse due to the timing of the holiday, when shops and factories close two weeks. This year's shutdown fell entirely in January, while half was in February last year.

China's largest SUV manufacturer Great Wall Motor (GWM) on Tuesday said it will showcase various products and technologies during the upcoming Auto Expo next month as part of its launch in the Indian market. The automaker will also showcase Haval Concept H and Concept vehicle Vision 2025 besides SUVs under Haval brand, electric products, and innovations in the area of intelligent safety, connectivity and advanced autonomous systems during the biennial show. "This is indeed a proud moment for us as we are on the verge of entering the Indian automotive market. We are excited at the limitless possibilities that lay ahead as India is an important market for us," GWM Chairman Wei Jianjun said in a statement. The company aims to set new benchmarks in the Indian automobile industry and hope to create an everlasting relationship with the discerning Indian customer, he added. "With the R&D center in Bangalore and now our participation at the 15th edition of the Auto Expo, we want to ...

The downturn is squeezing global and Chinese automakers that are spending billions of dollars to meet government mandates to sell electric vehicles

Sales for the 11 months through November were off 10.5 per cent from a year earlier

Automakers reeling from the industry's longest downturn in three decades continue to face headwinds

China will also scrap limits on foreign ownership in the shipbuilding and aircraft industries in 2018, the National Development and Reform Commission (NDRC) said