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Company Overview and News

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Honda recalls another 69,000 vehicles in China

2018-08-09 reuters
BEIJING (Reuters) - Honda Motor Co. Ltd (7267.T) will recall 69,090 UR-V sport utility vehicles (SUVs) in China, market regulators said on Thursday, a result of a cold-climate engine problem that has already forced the recall of hundreds of thousands of vehicles.
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Honda recalls another 69,000 vehicles in China

2018-08-09 channelnewsasia
Honda Motor Co. Ltd will recall 69,090 UR-V sport utility vehicles (SUVs) in China, market regulators said on Thursday, a result of a cold-climate engine problem that has already forced the recall of hundreds of thousands of vehicles.
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BMW strikes deal for potential stake in China battery giant

2018-07-17 theedgemarkets
TOKYO (July 17): BMW AG is the first overseas carmaker to get a potential toehold in Chinese electric-car battery maker Contemporary Amperex Technology Co Ltd, obtaining the right to make an equity investment of as much as 2.85 billion yuan (US$427 million).
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Hong Kong stocks rise modestly after Trump comments on trade talks temper optimism over Fed rate increases

2018-05-25 scmp
The Hong Kong stock market closed higher, with a tepid turnover, after a choppy session on Thursday, as optimism that the US Federal Reserve was unlikely to accelerate the pace of interest rate increases was offset by comments made by US President Donald Trump, which suggested a setback in the US-China trade talks.
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Automakers Focus on Made-in-China EVs as Competition Rises

2018-05-22 zacks
Emissions from gas-guzzling combustion engines have prompted the auto industry to focus more on electric vehicles. Further, government regulations have strengthened the preference for electric vehicles (EVs) over other combustion-engine based vehicles.
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Voice-activated in-car commands possible as Peugeot cars adopt Alibaba’s operating software

2018-04-26 scmp
Dongfeng Peugeot Citroen unveiled a new model equipped with Alibaba Group’s AliOS operating system on Wednesday, revving up competition among the country’s biggest tech companies for control of the brains of future cars.
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Infiniti Bets Big on China's SUV Demand to Challenge Audi, BMW - Bloomberg

2018-04-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Shares of Chinese carmakers plunge as Beijing moves to fully open market to foreign ventures

2018-04-18 scmp - 1
Credit Suisse slashes stock price targets of a few major players as the bargaining power of local partners will be reduced because of the policy changes
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China’s Communists Rewrite the Rules for Foreign Businesses - The New York Times

2018-04-14 nytimes
The party is strengthening its influence — often gaining direct decision-making power — over the international firms doing business in China.
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Nation’s car-making majors still dominate mainland auto market

2018-03-29 scmp
Strong annual performances recorded by Guangzhou Automobile (net profit +71.5pc), SAIC (+7.5pc) and Dongfeng Motor (+5.4pc)
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