Volkswagen to Buy 20% of Chinese battery maker Guoxuan
Volkswagen logo is seen on a Teramont X SUV displayed at the second media day for the Shanghai auto show in Shanghai HONG KONG/BEIJING (Reuters) - Volkswagen AG <VWAGY> is set to take a 20%…
Category: China News
Ford’s Vehicle Sales in China Tumble for Third Consecutive Year
SHANGHAI (Reuters) - Ford Motor Co's <F> China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for…
China’s Bid to Challenge Boeing and Airbus Falters
BEIJING/PARIS (Reuters) - Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the programme told Reuters, as the state-owned Commercial Aircraft…
United Airlines to Record $90 Million Charge Related to Hong Kong Routes
(Reuters) - United Airlines Holdings Inc <UAL> said on Tuesday it expects a non-cash impairment charge of $90 million in the fourth quarter related to its Hong Kong routes, following anti-government protests in the city.…
Daimler, Volvo Mull Combustion Engine Cooperation
BERLIN (Reuters) - Luxury German carmaker Daimler <DDAIF> and Volvo Cars, owned by China's Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources.…
Bombardier Joint Venture Wins Contract to Build 160 New Chinese Standard High-Speed Train Cars
With around 4,500 train cars already delivered, Bombardier’s Chinese joint venture is the only Sino-foreign entity to win a new Chinese standard high-speed train bidNew Chinese standard high-speed train cars to enhance passenger experience and…
China’s Sixth Prototype C919 Jet Completes First Test Flight
BEIJING (Reuters) - The sixth prototype of China's home-built C919 narrowbody passenger plane completed its first test flight on Friday, marking a milestone in the programme's testing schedule as China races to compete with Airbus…
China Southern Air Holding Sets Up One Billion Yuan Cargo Company
China Southern Airlines Airbus commercial passenger aircraft is pictured in Colomiers near Toulouse BEIJING (Reuters) - China Southern Air Holding, the parent of China Southern Airlines <ZNH>, has set up a cargo company with registered…
Air Lease Corporation Delivers New Airbus A321-200neo Aircraft to Air Macau
LOS ANGELES, December 12, 2019 – Today Air Lease Corporation (“ALC”) (NYSE: AL) announced the delivery of one new Airbus A321-200neo aircraft on long-term lease to Air Macau. This aircraft, featuring Pratt & Whitney PW1133G…
Marriott Expects To Debut More Than 30 Luxury Hotels In 2020
Planned Openings from Tokyo to Mexico City and Reykjavik to Melbourne, Marriott International Continues to Create Enriching Experiences Through Its Portfolio of Distinct Luxury Brands BETHESDA, Md., Dec. 4, 2019 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR)…