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China Positioned to Lead in Manufacturing Autonomous Vehicles

A number of companies in China are deeply invested in developing driverless vehicles, lending credence to a  Boston Consulting Group study finding China will be the largest market for autonomous vehicles within the next 15 years.  China is well situated to take on the role.  Unlike the U.S., China enjoys strong support for autonomous vehicles at both the local and national levels;...

Tax Cut Propels Auto Sales in China

Sales of passenger vehicles have surged to a ten-month high in China following the cut of a car-purchasing tax. Following a summer slowdown, auto sales climbed 13 percent in October to 1.94 million vehicles. The rebound, coming ten months after the elimination of the tax benefiting auto manufacturers, also follows the trend of increased consumer spending in China. Total vehicle sales...