*Lexus imports cars from Japan for China market. Unlike German peers Audi, Volkswagen AG's luxury division and BMW, Lexus imports all of its vehicles sold in China, from Japan. But high tariffs charged on imported cars make it hard to generate volume and last year, Lexus sold around a seventh of Audi's tally and a fifth of what BMW sold in China.» Read More
BEIJING— Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. The Escort goes on sale in China this year, expanding later to other markets, said CEO Alan Mulally.
BEIJING, April 20- Strong demand for new automobiles in China has laid the foundations for the next leg of business for carmakers BMW, Audi and Mercedes-Benz: the second-hand premium car market. We have 290 dealers who offer certified pre-owned Audis, " Rupert Stadler, chief executive of Volkswagen's premium brand, Audi, said during the Auto China show in Beijing.
BEIJING, April 20- Daimler said its DENZA electric car will be eligible for local subsidies in China when it goes on sale there in September priced at 369,000 renminbi.
Brands from General Motors Co. to Chinese SUV maker Great Wall Motors are unveiling new and restyled sedans, sport utility vehicles and other models at Auto China 2014 this week. China is the world's biggest auto market, with 17.9 million vehicles sold last year. Nissan Motor Co., looking to China to help drive its global turnaround, will debut a concept sedan.
DETROIT— General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints and more than 30,000 warranty repair claims, according to government documents released Saturday.
ROME— Fiat and Chrysler announced plans Saturday to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors.
Automakers unveil China-focused models in Beijing 5 features an Amazon phone might offer Venture investments highest since 2001 Fiat and Chrysler to build 3 Jeep models in China Guinea to cancel BSG Resources-Vale mining rights Providence, RI, sues firms over stock trades Advice to Democrats: Don't say' recovery' Unemployment rates fall in 21 US states last month Mazda recalls 109,000 older SUVs for rust problem Calpine selling six power plants for $1.57 B
Here are 5 features the device might offer. Venture investments soar 57 percent in 1st quarter to highest level since 2001 Fiat and Chrysler to build 3 Jeep models in China for local market Guinea plans to cancel rights to massive iron ore deposit, held by BSG Resources, Vale Providence, RI, sues financial firms, says they defrauded investors with high-speed trading Democrats urged not to mention the word' recovery' in upcoming campaign More than 2/ 3 of US states had job gains in March, while unemployment rate fell in 21 states Mazda recalling 109,000 older Tribute SUVs to fix frame rust problem Calpine says it will sell six Southeast power plants to LS Power for $1.57 B
Mustang, Challenger, Charger - and some high-powered imports - rule the 2014 NY Auto Show
"The bus hit a FedEx truck," the student replied. " The FedEx truck came into us. " The California Highway Patrol released the recordings Thursday as investigators returned to the scene about 100 miles north of Sacramento to reconstruct aspects of the crash.
WASHINGTON, April 17- General Motors says that cars being recalled because of faulty ignition switches can be driven safely before repairs, based on more than 80 tests, but the automaker has not addressed a problem long known to potentially shut off the engine: a simple bump from a driver's knee.
FLINT, Mich.— An attorney representing the family of a 77- year-old Flint- area woman killed when her 2005 Toyota Camry slammed into a tree after alleged sudden acceleration confirms that a deal has been reached in a lawsuit against the carmaker.
NEW YORK— Who says America has lost its muscle? Sure, there's something called the EV Pavilion, where visitors can ride around in a plug-in hybrid. Ford kicked off the show by putting a bright yellow 2015 Mustang on the 86th floor of the Empire State Building.
NEW YORK— An electric car that proponents hope will replace horse-drawn carriages in New York City was presented Thursday at the New York International Auto Show, as critics expressed their distaste for the idea.
DETROIT— General Motors says it sold 2.42 million cars and trucks in the first three months of the year, keeping it slightly ahead of Volkswagen in the global sales race. Sales leader Toyota has yet to release first quarter numbers but says it's on the way to selling 10.1 million vehicles this year.
Asia stocks rise in abbreviated trading Venture investments highest since 2001 Advice to Democrats: Don't say' recovery' Wal-Mart jumps into the money transfer biz, loudly Mazda recalls 109,000 older SUVs for rust problem Judge won't order recalled GM cars to be parked GM 1 Q global sales up 2 pct to 2.42 M Facebook rolls out location-sharing feature Target expands subscription service tenfold Muscle cars out in force at New York auto show
RUSSELL SPRINGS, Ky.— An automotive industry plant opening in south-central Kentucky will create 155 full-time jobs. Germany- based Dr. Schneider Automotive Systems Inc. cut the ribbon Wednesday in Russell Springs on the $29 million parts manufacturing facility.
*R8 boosts Audi's U.S. pricing power vs BMW, Mercedes. BERLIN, April 17- Lamborghini is flaunting a technology-packed supercar at this week's Beijing auto show that will spice up its parent company Audi's own offerings just as the second-biggest luxury carmaker struggles to prove its technical prowess.
BEIJING— China's automakers are the underdogs heading into next week's Beijing auto show, where foreign and domestic brands will jostle for attention in a market that is increasingly difficult for homegrown models.
April 16- Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday.