Geely's Dec sales up 24% year-on-year

2013-01-11 14:39:59

Zhejiang Geely Holding Group, the largest private automaker in China, achieved a new sales record in December with 59,564 cars sold, up 24 percent year-on-year.

BMW Brilliance senior VP may quit

2013-01-11 14:39:42

BMW Brilliance Senior Vice-President Daniel Kirchert has recently submitted his resignation and may leave the company soon.

Lenovo aims to capture high-end market

2013-01-11 13:35:59

Lenovo Group said it hopes its upcoming restructuring can gain more traction in the high-end market.

Lenovo 'Horizon' wins award at consumer electronics show

2013-01-11 12:32:52

A half-PC and half-tablet product by China's PC manufacturing giant Lenovo on Thursday won the "Best of CES" Award for PC and Tablets products.

Cosmetic brands to start new price hikes

2013-01-11 11:15:53

Cosmetic brands Chanel and Dior will set off a new round of price hikes of as much as 30 percent within a few days as part of its 2013 global pricing plan. Products sold in China will be affected.

Baosteel 2012 profits surge 40%

2013-01-11 11:17:21

Net profit at Baoshan Iron & Steel Co surged 39.98 percent year-on-year in 2012 as the firm sold some of its assets.

Alibaba restructures subsidiaries

2013-01-11 07:29:59

Alibaba Group Holding Ltd, China's biggest e-commerce company, has restructured its seven business groups, turning them into 25 business units in the second such change it has made in six months.

Rolls-Royce sees record car sales for 2012

2013-01-11 10:18:49

Rolls-Royce Motor reported record car sales in 2012 with the United States and China remaining as its most significant individual markets.

Benxi Steel's sales revenue up 10% year-on-year

2013-01-10 17:20:16

Benxi Steel Group Corp's sales revenue exceeded 100 billion yuan ($16 billion) in 2012, up 10 percent year-on-year, the company said.

Port of Dalian shipped 179,900 cars in 2012

2013-01-10 16:54:44

The Port of Dalian said that it shipped 179,900 cars and handled about 1.65 million passengers in 2012.

Pactera's board approves $30m stock redemption plan

2013-01-10 16:50:24

Pactera Technology International Ltd said that its board of directors approved a stock redemption plan valued at $30 million.

Hyundai to recall 2,864 imported cars in China

2013-01-10 15:33:31

Hyundai Motor Group (China) Ltd will start a recall of its imported Veloster cars in the Chinese mainland from Jan 15.