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China's BYD Expects up to 91% Sales Growth in 2016

Aug 30, 2016 11:39 AM EDT

Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, said on Monday that it is anticipating a twofold increase of new energy vehicles sales to 120,000 units by the end of this year.

Volkswagen is enjoying an upbeat sale in China and plans to invest more joint ventures.

Volkswagen Sees Upward Trend in China, Plans More Expansion

Charissa Echavez |

Apr 25, 2016 10:07 AM EDT

German car manufacturer Volkswagen believes that its upward sales trend in China during the previous two quarters will continue to soar, adding that the company plans to invest more on the market, Jochem Heizmann, China chief, said.

Toyota says China's new rules on emission and fuel is giving the company a hard time to reach quota.

Toyota: China's New Strict Rules Make Quota Difficult to Reach

Charissa Echavez |

Apr 25, 2016 08:32 AM EDT

China's new emission and fuel economy policy is giving Japanese carmaker Toyota Motors a hard time to reach its 2 million vehicles per year quota there by around 2025, the car manufacturer's head said on Sunday.