auto market

A Ford Motor Co. joint venture in China will spend $350 million to build the company's first transmission plant in the world's largest auto market.

General Motors and its joint ventures sold 203,367 vehicles in China in April, down slightly from a year earlier, reflecting slowing growth in the world's largest auto market.

China's second major auto show for 2010 kicks off next week in the southern city of Guangzhou, capping a year of record sales for the country's booming auto market, though analysts warn the strong growth will likely ease.

China's Ministry of Industry and Information Technology has proposed a new plan that would require foreign automakers to share electric vehicle technology with China’s domestic auto industry.

Under the terms of the plan, any foreign automaker that refused to comply with the regulations would be banned from selling vehicles in China – the world’s largest auto market.

Toyota President Akio Toyoda will speak in Beijing on Monday about the company's recent quality woes, Toyota said Sunday, in an effort to reassure consumers in the world's biggest auto market.

Renault SA said Thursday that sales of cars and light trucks fell 3.1 percent last year as the global economic downturn hurt auto markets worldwide, and said 2010 will remain "tense."

Hyundai Motor Co. said Sunday it has agreed to launch a $400 million truck manufacturing venture in China with a local partner as it seeks further inroads in the world's biggest auto market.

China extended its lead over the U.S. as the world's biggest auto market in November, with production and sales more than doubling from a year earlier to both surpass 1 million vehicles.

Toyota will pour $1 billion into a major U.S. marketing campaign in the fourth quarter, as the Japanese automaker bets on a recovery in the ailing auto market here.

Big cars and trucks are out.

Smaller ones that offer more for your dollar are in. And many drivers will hang onto the new cars they buy longer.