Right before the start of the 2018 Beijing Motor Show, the intelligent electric vehicle manufacturer, BYTON, and the Chinese automotive manufacturing company, FAW (First Automotive Works), signed a strategic cooperation investment framework agreement.
China is introducing a 10 percent tax on cars such as Ferrari GTC4Lusso, Bentley Bentayga and Aston Martin DB9 in a bid to combat conspicuous consumption and promote more fuel-efficient vehicles.
Daimler apologized this week for an incident in China that local media said involved a senior executive of the luxury automaker making disparaging comments to people in a parking dispute.
ŠKODA will be strengthening their presence on the Chinese automobile market in cooperation with its longstanding Chinese joint venture partner SAIC VOLKSWAGEN Automotive Company Limited.
As part of his state visit to China, the Czech Prime Minister Bohuslav Sobotka visited the ŠKODA production site in November 2015 at Shanghai Volkswagen’s (SVW) Anting site, located near Shanghai.
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