Chinese carmakers are displaying new-energy vehicles at the Auto China 2012, aiming at a stake in the market.
China's luxury vehicle industry will maintain its momentum in the long run although the overall market has entered a period of stagnation.
China FAW Group Corporation and Volkswagen AG have agreed to extend their joint venture for a further 25 years, the Chinese company announced.
Geely Motor launched its sports utility vehicle (SUV) at Beijing International Automotive Exhibition.
Beijing will continue to subsidize the scrappage of aging and heavy-diesel vehicles in response to concerns over the city's air pollution.
Auto giant Volkswagen sealed a deal to build a new factory in China - where it plans to invest 14 billion euros ($18 billion) in five years.
Press Preview:
Monday, April 23 - Tuesday, April 24
Traders Only:
Wednesday, April 25 - Thursday, April 26
Public Show:
Friday, April 27 - Wednesday, May 2
Venue:
China International Exhibition Center
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