China will cut subsidies on new energy vehicles (NEV) such as electric cars by 10% this year, the finance ministry said, following a decision last month to continue providing incentives to buy clean energy vehicles.
China’s auto sales fell at a slower rate in March and industry experts expect a pick-up in the second half. Automobile sales in China plunged an annual 43.3% in March, a data showed,
As the kids were small he bought Baby II for all of his six kids. The cost of each of these six ‘baby’ cars is around $40,000. The children chose one ‘Baby II’ of their favourite colours Orange, Yellow, White, Green, Red, and Blue.
The company started as a place to auction cars only and, over the years, has expanded exponentially, adding diverse categories to the list of offerings.
The historic Diriyah E-Prix double-header of night races set to launch the seventh season of the ABB FIA Formula E World Championship on Friday.
The British media revealed the number of cars owned by the Egyptian player with a total value of 755,000 pounds.
A collection of luxury cars confiscated by Geneva authorities from a son of the president of Equatorial Guinea is estimated to fetch 18.5 million Swiss francs ($18.67 million) this weekend, Bonhams auction house said on Friday.
The Highland Green 1968 Ford Mustang GT featured in the film "Bullitt" was sold Friday at a Florida auction house for $3.74 million.
The bear, made several attempts, and then with a final jump got into the car very much like a human being.