Russia has seen continuous growth in Chinese car sales in recent years. Chinese cars are known for their affordability and increasingly competitive quality, which has contributed to their growing popularity among local consumers.
In 2022, the Chinese automotive industry overtook the Japanese automotive industry to become the world's second-largest auto market. This was a significant achievement for China's automotive industry, which has been growing rapidly in recent years.
European commercial vehicle manufacturers have left Iran truck market due to ban of monetary transitions under circumstance of US sanctions. Along some other political and economy difficulties, the transportation industry of Iran is now at a verge of a fall.
The Chinese government announced this week that it will phase out restrictions on foreign ownership of joint ventures with domestic automakers by 2020.
During the recent days, there rumors about the government’s decision to increase the vehicle import tariff but the Economic Ministers didn’t conform it, yet. The question is that how much the Chinese benefit from the increases of vehicle import tariff?
Microsoft will provide cloud services to companies using Baidu's self-driving platform outside China; The project, named Apollo, has signed on 50 partners to build and improve the platform