Chinese battery and automaker BYD Co and automobile inventor Daimler AG have signed an agreement to enter into a “comprehensive technology partnership” for the development of electric vehicles for the Chinese market.
Under the terms of the deal signed in Stuttgart, Daimler’s headquarters, on Monday, the two parties intend to develop a new electric vehicle specific [...]
Long-wheelbase E-Class, 1.6-liter C180 produced to meet local market conditions
German carmaker Daimler AG’s joint venture with Beijing Automotive Industry Holding Corp plans to more than double sales of Mercedes-Benz cars this year from 2009 by offering two major new models.
Mark Si, executive vice-president for sales and marketing at Beijing Benz-DaimlerChrysler Automotive Co Ltd, told China [...]
Auto sales this year are forecast to surge a little more than 10 percent from last year’s figures to more than 15 million units, the ministry said.
The country’s auto sales last year grew by 46.2 percent year-on-year, the fastest in more than a decade. Last year, 13.65 million units were sold to mark the nation [...]
Beijing’s largest used-car market is the perfect place to measure the popularity of any make or brand in China’s booming motoring market. Huaxiang car market dealers and the thousands who flock there every weekend are clued into the latest auto trends and know what’s hot and what’s not.
Tags: Beijing, Benz, China Auto, Great Wall Motor, [...]
Luxury carmaker Mercedes-Benz has entered the premium used-car market with its StarElite Pre-Owned Program, in a bid to garner more market share and support its businesses in China, China Daily reported Thursday.
StarElite offers multi-brand trade-in, certified pre-owned vehicles and premium after-sales service, in a transparent, reassuring, and convenient one-stop shopping experience, the newspaper said, citing [...]
BMW Group’s long-term plan for a seven-fold increase in its China production capacity announced last week is expected to further intensify competition in the country’s growing luxury vehicle market.
The German carmaker’s strategic plan is to increase annual production to 300,000 units with local partner Brilliance China.
Tags: AUDI, Benz, BMW, car-maker, China Auto, luxury goods, SUV, [...]
