Buick announces the fix-priced strategy on Feb 28, 2025. [Photo provided to chinadaily.com.cn] Sino-US joint venture SAIC GM has started a “fixed-price” sales strategy for its Buick marque, in an effort to boost its appeal amid intense competition in the Chinese vehicle market. The transparent, non-negotiable pricing approach, inspired by direct-sales strategies used by new…
IM Motor’s IM6 models await shipment to Thailand from Shanghai Haitong International Automotive Terminal on Feb 23. [CHINA DAILY] Chinese automakers are ramping up efforts to ship vehicles overseas, exploring growth while navigating uncertainties and policy changes in the global automotive market. The new energy vehicle startup Xpeng shipped the first batch of 300 right-hand…
A new BMW X3 goes off-road in Xishuang Banna Dai autonomous prefecture in Yunnan province on Feb 27.[CHINA DAILY] Great tea and great cars are about heritage and innovation, but they are more than that, said BMW Brilliance President and CEO Franz Decker. “It is also about experience, emotion and keeping true to your values,”…
Beijing sees a boost in its automotive market due to its auto consumption voucher program, which has driven the city’s vehicle sales and regional economic growth. [Photos provided to chinadaily.com.cn] Beijing is seeing a boost in its automotive market due to its auto consumption voucher program, which has driven the city’s vehicle sales and regional…
Over 4,000 domestically produced vehicles are shipped from the Global Ro-Ro Terminal at the Tianjin Port to international markets. [Provided to chinadaily.com.cn] TIANJIN – A vessel carrying more than 4,000 vehicles departed from North China’s Tianjin Port on Wednesday, bound for overseas markets including South America. This marks a new record for single-vessel exports of…
SAIC Motor’s booth at the 2024 China International Industry Fair in Shanghai in September. [CHINA DAILY] SAIC Motor is undergoing a profound transformation, as the once-unchallenged giant in China’s auto industry struggles to explore a future in the vehicle market. It has embraced Huawei in a partnership and is set to launch a new EV…
Geely showcases its Star Wish compact vehicle at the Guangzhou auto show in November. [LI FUSHENG/CHINA DAILY] Chinese carmakers have continued their strong performance, capturing a larger share of the world’s largest automotive market. According to figures from the China Association of Automobile Manufacturers, sales of Chinese-branded cars in January surged to 1.45 million units,…
A Yingge dance team performs during an event to celebrate Spring Festival in Shantou, Guangdong province, on Feb 2. YAO JUN/XINHUA BEIJING — While insufficient domestic demand remains a challenge, China has seen its consumption sector, a key driver of economic growth, unleash more vitality in recent months, with hustle and bustle in the market…
Visitors explore the booth of Chinese automaker Wuling during the 2025 Indonesia International Motor Show in Jakarta, on Feb 13, 2025. [Photo/Xinhua] JAKARTA – Unlike in previous years, Indonesia’s largest automotive exhibition took on a different tone this year with the arrival of high-end Chinese car brands, including electric vehicles (EVs), on the showroom floor.…
The electric vehicle market is experiencing a shift with the separation of vehicles and batteries becoming more prevalent. This took a major step forward with the establishment of a battery swap joint venture between battery giant CATL and domestic ride-hailing leader Didi last week. The joint venture, with a registered capital of 330 million yuan…