China firm boosts self-driving technology with $1 billion overseas deals
A Chinese auto firm said Friday it is buying two foreign companies and their self-driving technologies for more than $1 billion, as the world`s second-largest economy seeks to boost its foothold in the autonomous car market.
Apr 08, 2016, 14:43 PM ISTChina auto sales down slightly in May
China`s auto sales fell slightly on a year-on-year basis in May, an industry group said Wednesday, as a slowing economy prompts manufacturers to cut prices and trim production in the world`s largest car market.
Jun 10, 2015, 15:50 PM ISTChina auto sales down 0.5% in April: industry group
CAAM figures showed, fall in April compared with a rise of 3.3% in March.
May 11, 2015, 12:38 PM ISTChina slaps $201 mn fines on 12 Japanese auto makers
Those who faced fines included Mercedes-Benz and Audi.
Aug 20, 2014, 11:36 AM IST