BEIJING/SHANGHAI Tesla Inc has started delivering Model 3 cars in China slightly ahead of schedule, as it looks to revive its sales that have been hit hard by Sino-U.S. trade tensions.
SHANGHAI China's automobile sales fell for a seventh straight month in January, the country's top auto industry association said on Monday, as demand slowed in the world's largest auto market.
HONG KONG/BEIJING The SoftBank-led Vision Fund is in talks to invest up to $1.5 billion (£1.14 billion) in Chinese used car trading platform Guazi.com, two people with knowledge of the matter said.
BEIJING/SHANGHAI U.S. electric vehicle maker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 car, as it seeks to accelerate China sales hit by trade friction between Washington and Beijing. | Video
BEIJING China's Didi Chuxing has set up joint ventures with a unit of Chinese carmaker BAIC and Germany's Volkswagen as part of the ride hailing giant's goal to ultimately develop purpose-built cars for its services.
SEOUL/BEIJING Hyundai Motor said its Chinese joint venture (JV) is accepting voluntary retirements and reviewing various "optimization plans" at its factories following a slump in car sales in the key market.
BEIJING U.S. electric vehicle (EV) maker Tesla Inc has held talks with China's Tianjin Lishen to supply batteries for its new Shanghai factory, and two people with direct knowledge of the matter said the pair signed a preliminary agreement.