By Bill Savadove
China’s probes into foreign firms spread to the auto sector Tuesday as German car giant Daimler said it was assisting authorities after reports anti-monopoly investigators raided an office of its Mercedes-Benz unit.
Tag Archives: China
VW Group sales rise 4% in June on Europe, China
Volkswagen Group deliveries rose 4 percent to 859,400 in June as renewed demand in Europe and strong sales in China helped offset declines in the United States and South America.
VW Outsells GM in China to Remain on Track for Repeat Sales Win
Volkswagen outsold General Motors in China in the first half of the year, keeping it on track to extend its reign as the best-selling foreign car company in the world’s biggest vehicle market.
China to eliminate electric vehicle purchase tax
China will exempt electric cars and other types of “new energy” vehicles from purchase tax, the government said, as it seeks to reduce pollution and conserve resources.
Bentley first-half sales rise 23% on China, Middle East demand
Bentley Motors increased six-month vehicle sales by almost a quarter on demand from China and the Middle East, keeping the brand on track for another record year.
