Jeep pulls out of China, blames Chinese government for meddling in its business
Jeep has been the producer of multiple widely sold models like Jeep Cherokee, Renegade, and Compass widely sold in the international market.
Jul 31, 2022, 09:31 AM IST
China car sales edge down in February: Industry
A total of 1.58 million vehicles were sold in the country last month, down from 1.59 million in February 2015, figures provided by the China Association of Automobile Manufacturers (CAAM) showed.
Mar 10, 2016, 16:51 PM IST
China 2015 auto sales growth hits three-year low
To prop up the auto industry, the government cut purchase taxes by half on cars with small engines from October 1.
Jan 12, 2016, 17:17 PM IST
China car giant SAIC records 12.8% profit rise in 2014
The Shanghai-based firm said net profit was 27.97 billion yuan ($4.56 billion), up from 24.80 billion yuan in 2013, according to a statement issued to the Shanghai stock exchange late Thursday.
Apr 03, 2015, 10:01 AM IST
As China's luxury car wave ebbs, foreign firms seek domestic foothold
Daimler AG will give its new luxury baby, the Mercedes-Maybach limousine, a glitzy world debut at this week`s Guangzhou autoshow, even as analysts warn the end is nigh for China`s 10-year high-end car sales boom.
Nov 18, 2014, 14:47 PM IST
