BEIJING — Zhejiang Geely Holding Group Co is expected to complete it takeover of Swedish luxury car brand Volvo from US automaker Ford Motor Co on Monday after getting government approval for the deal.

BEIJING – China's largest automaker, SAIC Motor Corp, may report it more than tripled its first-half net profit compared to the same period last year, helped by upgrades to its product structure and increased control over its tie-up with General Motors, said analysts.

Shanghai — Porsche chose this grand metropolis — currently in the spotlight for its World Expo 2010 — as the locale for the national launch of its alluring new Cayenne range.

Beijing — Soaring sales by German luxury automaker BMW in the first six months this year enabled China to surpassed the UK as its third-largest market worldwide, the company said in a recent statement.

Beijing — German carmaker Volkswagen Group plans to massively increase its production capacity in China to meet growing demand in the world's top vehicle market.

As expected, tremendous growth registered in the first quarter of 2010 proved unsustainable in the second as the light vehicle market continued to slow through June.