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Only in Hong Kong: magnate buys record number of Rolls-Royce Phantoms


Here’s a sight that’s utterly uncommon: Hong Kong tycoon Stephen Hung has decided to place a record order of 30 units of the expensive and ultra-luxurious Phantom model for the entertainment of his resort guests. Actually this is a one-in a lifetime move – the iconic British brand has never received an order of this magnitude and we’re sure the executives ...
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Report – Hyundai plans two new China factories instead of one
According to sources that have knowledge of the plans, South Korea’s Hyundai Motor is mulling the expansion of its manufacturing footprint in China and aims to build not one, but ...
Report – China’s NDRC also reviewing Lexus for price fixing
According to sources that have knowledge of the proceeds, the country’s price watchdog has called for meetings the executives from Toyota’s Lexus luxury division to address issues in regards to ...
China: German brands sell almost as many cars as the country’s 25 local carmakers combined
Volkswagen AG, Europe’s largest automaker and the second biggest in the world, owes much of its progress to just one country, albeit the world’s main auto market today – China. The ...
Renault’s Fluence ZE to begin local production in China
According to the chief executive of the French automaker, Carlos Ghosn, Renault is mulling local manufacturing of the electric version of the Fluence sedan. Renault’s plans for local output of its ...
[VIDEO] See the BMW i8 safety car drift
The BMW i8 safety car has been taken out for a hot lap which includes some drifting in order to prove that the wireless charging technology is working under all ...
Jaguar Land Rover’s first China built model to be the Range Rover Evoque
With the start of production of the first Jaguar Land Rover vehicles in China approaching fast, the British automaker has finally officially revealed the name of the first model to ...
Volkswagen joint-venture and Chrysler unit fined by China’s anti-trust regulators
China’s anti-monopoly regulators announced on Thursday the first punishment of foreign automakers for price-fixing, fining a Chinese Volkswagen AG joint venture and the China sales unit of Fiat’s Chrysler with ...
Slowest pace for China car sales in five months
The passenger-vehicle sales in the world’s biggest auto market grew at the slowest pace since March as the economy slows down and the government raises anti-monopoly probes into foreign carmakers. The ...
EU Chamber urges China to open after-market car service
The European Union Chamber of Commerce's China arm urged the country’s government to allow more competition for the vehicle after-market service as current regulations are the reason for the monopoly ...

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