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Volkswagen electric minivan

Photo taken in Tokyo on June 20, 2025, shows Volkswagen's electric minivan, ID. Buzz. The German carmaker's Japan unit began accepting orders for the vehicle the same day.

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Nissan names new CEO after failed merger talks with Honda

Screenshot from an online press conference on March 11, 2025, shows Nissan Motor Co. CEO Makoto Uchida who is set to be replaced by Chief Planning Officer Ivan Espinosa, as the ailing carmaker seeks to revive its business following the collapse of merger talks with Honda Motor Co.

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Nissan names new CEO after failed merger talks with Honda

Screenshot shows Nissan Motor Co. CEO Makoto Uchida (L) and Chief Planning Officer Ivan Espinosa speaking at an online press conference on March 11, 2025, as Uchida is set to be replaced by Espinosa with the ailing carmaker seeking to revive its fortunes under new leadership following the collapse of merger talks with Honda Motor Co.

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BYD unveils 4th EV model for Japan

Photo taken on Jan. 10, 2025, shows Chinese electric vehicle maker BYD's Sealion 7 sport utility vehicle on display at the Tokyo Auto Salon auto show at the Makuhari Messe convention center in Chiba, near Tokyo. The carmaker plans to release the fourth EV model for the Japanese market in the spring.

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Stellantis CEO Carlos Tavares Resigns

File photo - Chairman of the managing board of French carmaker PSA Peugeot Citroen, Carlos Tavares poses for pictures in Paris, France, on November 8, 2019. Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. The company said it would seek to find a replacement CEO in the first half of 2025. Senior Independent Director Henri de Castries said in a statement that different views emerged in recent weeks among major shareholders, the board and Tavares resulting in the CEO's resignation. Photo by Eliot Blondet/ABACAPRESS.COM

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THAILAND-RAYONG-CHINA-AION-EV FACTORY-INAUGURATION

(240717) -- RAYONG, July 17, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on July 17, 2024 shows the first global strategic model of China's carmaker GAC Aion at Aion's electric vehicle (EV) factory in Rayong province, Thailand. TO GO WITH "China's carmaker GAC Aion opens EV factory in Thailand " Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-CHINA-AION-EV FACTORY-INAUGURATION

(240717) -- RAYONG, July 17, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Thailand's Minister of Industry Pimphattra Wichaikul addresses the inauguration ceremony of the electric vehicle (EV) factory of China's carmaker GAC Aion in Rayong province, Thailand on July 17, 2024. TO GO WITH "China's carmaker GAC Aion opens EV factory in Thailand " Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-CHINA-AION-EV FACTORY-INAUGURATION

(240717) -- RAYONG, July 17, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Guests attend the inauguration ceremony of the electric vehicle (EV) factory of China's carmaker GAC Aion in Rayong province, Thailand on July 17, 2024. TO GO WITH "China's carmaker GAC Aion opens EV factory in Thailand " Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-CHINA-AION-EV FACTORY-INAUGURATION

(240717) -- RAYONG, July 17, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Staff members work at the electric vehicle (EV) factory of China's carmaker GAC Aion in Rayong province, Thailand on July 17, 2024. TO GO WITH "China's carmaker GAC Aion opens EV factory in Thailand " Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-CHINA-AION-EV FACTORY-INAUGURATION

(240717) -- RAYONG, July 17, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Zeng Qinghong, chairman of GAC Group, addresses the inauguration ceremony of the electric vehicle (EV) factory of China's carmaker GAC Aion in Rayong province, Thailand on July 17, 2024. TO GO WITH "China's carmaker GAC Aion opens EV factory in Thailand " Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-CHINA-AION-EV FACTORY-INAUGURATION

(240717) -- RAYONG, July 17, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Staff members work at the electric vehicle (EV) factory of China's carmaker GAC Aion in Rayong province, Thailand on July 17, 2024. TO GO WITH "China's carmaker GAC Aion opens EV factory in Thailand " Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-CHINA-AION-EV FACTORY-INAUGURATION

(240717) -- RAYONG, July 17, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on July 17, 2024 shows a view of the electric vehicle (EV) factory of China's carmaker GAC Aion in Rayong province, Thailand. TO GO WITH "China's carmaker GAC Aion opens EV factory in Thailand " Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-BYD-NEW PLANT-INAUGURATION

(240704) -- RAYONG, July 4, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Wang Chuanfu, chairman and chief executive officer of BYD, addresses the inauguration ceremony of BYD's new plant in Rayong province, Thailand on July 4, 2024. China's carmaker BYD opened its Thailand plant on Thursday, as its 8 millionth new energy vehicle (NEV) rolled off the assembly line in the factory, marking a milestone in the company's overseas expansion. Located in the eastern Rayong province, BYD's Thailand plant completed its construction in just 16 months. With an annual production capacity of 150,000 vehicles, the plant's car making operation covers stamping, painting, welding, final assembly, and producing car components. Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-BYD-NEW PLANT-INAUGURATION

(240704) -- RAYONG, July 4, 2024 Photo by Xinhua/ABACAPRESS.COM) -- BYD's 8 millionth new energy vehicle is displayed at the inauguration ceremony of BYD's new plant in Rayong province, Thailand on July 4, 2024. China's carmaker BYD opened its Thailand plant on Thursday, as its 8 millionth new energy vehicle (NEV) rolled off the assembly line in the factory, marking a milestone in the company's overseas expansion. Located in the eastern Rayong province, BYD's Thailand plant completed its construction in just 16 months. With an annual production capacity of 150,000 vehicles, the plant's car making operation covers stamping, painting, welding, final assembly, and producing car components. Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-BYD-NEW PLANT-INAUGURATION

(240704) -- RAYONG, July 4, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Workers operate at an assembly line of BYD's new plant in Rayong province, Thailand on July 4, 2024. China's carmaker BYD opened its Thailand plant on Thursday, as its 8 millionth new energy vehicle (NEV) rolled off the assembly line in the factory, marking a milestone in the company's overseas expansion. Located in the eastern Rayong province, BYD's Thailand plant completed its construction in just 16 months. With an annual production capacity of 150,000 vehicles, the plant's car making operation covers stamping, painting, welding, final assembly, and producing car components. Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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THAILAND-RAYONG-BYD-NEW PLANT-INAUGURATION

(240704) -- RAYONG, July 4, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Thailand's Minister of Industry Pimphattra Wichaikul addresses the inauguration ceremony of BYD's new plant in Rayong province, Thailand on July 4, 2024. China's carmaker BYD opened its Thailand plant on Thursday, as its 8 millionth new energy vehicle (NEV) rolled off the assembly line in the factory, marking a milestone in the company's overseas expansion. Located in the eastern Rayong province, BYD's Thailand plant completed its construction in just 16 months. With an annual production capacity of 150,000 vehicles, the plant's car making operation covers stamping, painting, welding, final assembly, and producing car components. Photo by Xinhua/ABACAPRESS.COM/Sun Weitong)

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BYD launches 3rd EV model for Japan

Photo taken on June 25, 2024, shows Chinese electric vehicle maker BYD Co.'s Seal sedan on display in Tokyo. The carmaker launched its third EV model for Japan the same day.

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This image shows an umbrella designed by Chinese carmaker SAIC Motor to mark European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" Photo by Xinhua/ABACAPRESS.COM)

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This image shows cups designed by Chinese carmaker SAIC Motor to mark European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" Photo by Xinhua/ABACAPRESS.COM)

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This image shows a sneaker designed by Chinese carmaker SAIC Motor to mark the European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" Photo by Xinhua/ABACAPRESS.COM)

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This image shows skateboards designed by Chinese carmaker SAIC Motor to mark European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" Photo by Xinhua/ABACAPRESS.COM)

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 (Xinhua) -- This image shows an umbrella designed by Chinese carmaker SAIC Motor to mark European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" (Xinhua)

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 (Xinhua) -- This image shows cups designed by Chinese carmaker SAIC Motor to mark European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" (Xinhua)

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 (Xinhua) -- This image shows skateboards designed by Chinese carmaker SAIC Motor to mark European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" (Xinhua)

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CHINA-SAIC MOTOR-EU TARIFF PLAN-PRODUCTS (CN)

(240622) -- SHANGHAI, June 22, 2024 (Xinhua) -- This image shows a sneaker designed by Chinese carmaker SAIC Motor to mark the European Commission's plan to impose provisional tariffs on China-made electric vehicles. Rather than being daunted by the European Commission's plan to impose provisional tariffs on China-made electric vehicles, Chinese carmaker SAIC Motor has found inspiration in the decision and designed an array of creative products in response. TO GO WITH "China Focus: Chinese carmaker finds creative inspiration in EU tariff plan" (Xinhua)

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Xinhua Headlines: Great potential seen in China-Europe EV cooperation towards energy transition

(240622) -- BRUSSELS, June 22, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People visit the booth of Chinese carmaker Xpeng during the 2023 International Motor Show in Munich, Germany, Sept. 5, 2023. Photo by Xinhua/ABACAPRESS.COM/Ren Pengfei)

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Xinhua Headlines: Great potential seen in China-Europe EV cooperation towards energy transition

(240622) -- BRUSSELS, June 22, 2024 (Xinhua) -- People visit the booth of Chinese carmaker Xpeng during the 2023 International Motor Show in Munich, Germany, Sept. 5, 2023. (Xinhua/Ren Pengfei)

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Xinhua Headlines: Chinese, foreign enterprises forge closer partnerships in NEV industry

(240615) -- HEFEI, June 15, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This photo taken on Nov. 29, 2023 shows a ceremony celebrating the fifth anniversary of establishment of Anhui Cummins, a joint venture between Chinese carmaker JAC Group and American engine manufacturer Cummins Inc., in Hefei, east China's Anhui Province. (Anhui Cummins/Handout via Xinhua/ABACAPRESS.COM

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Xinhua Headlines: Chinese, foreign enterprises forge closer partnerships in NEV industry

(240615) -- HEFEI, June 15, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This undated file photo shows a workshop of Anhui Cummins, a joint venture between Chinese carmaker JAC Group and American engine manufacturer Cummins Inc., in Hefei, east China's Anhui Province. (Anhui Cummins/Handout via Xinhua/ABACAPRESS.COM

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Gov't inspection over Toyota's improper vehicle testing

Japanese transport minister Tetsuo Saito holds a press conference in Tokyo on June 4, 2024, as his ministry begins inspecting Toyota Motor Corp. after the carmaker admitted to improperly obtaining vehicle quality certifications for seven car models.

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Gov't inspection over Toyota's improper vehicle testing

Japanese transport minister Tetsuo Saito holds a press conference in Tokyo on June 4, 2024, as his ministry begins inspecting Toyota Motor Corp. after the carmaker admitted to improperly obtaining vehicle quality certifications for seven car models.

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Xinhua Headlines: Tesla's "milestone" Shanghai battery factory breaks ground

(240523) -- SHANGHAI, May 23, 2024 (Xinhua) -- An aerial panoramic drone photo taken on May 23, 2024 shows the construction site (R) of U.S. carmaker Tesla's Megapack factory in east China's Shanghai. (Xinhua/Fang Zhe)

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Xinhua Headlines: Tesla's "milestone" Shanghai battery factory breaks ground

(240523) -- SHANGHAI, May 23, 2024 (Xinhua) -- An aerial drone photo taken on May 23, 2024 shows the construction site of U.S. carmaker Tesla's Megapack factory in east China's Shanghai. (Xinhua/Fang Zhe)

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Xinhua Headlines: Tesla's "milestone" Shanghai battery factory breaks ground

(240523) -- SHANGHAI, May 23, 2024 (Xinhua) -- An aerial drone photo taken on May 23, 2024 shows the construction site of U.S. carmaker Tesla's Megapack factory in east China's Shanghai. (Xinhua/Fang Zhe)

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Xinhua Headlines: Tesla's "milestone" Shanghai battery factory breaks ground

(240523) -- SHANGHAI, May 23, 2024 (Xinhua) -- This photo taken on May 23, 2024 shows the groundbreaking ceremony of U.S. carmaker Tesla's Megapack factory in east China's Shanghai. (Xinhua/Fang Zhe)

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BMW Brilliance rolls off 6 millionth vehicle

STORY: BMW Brilliance rolls off 6 millionth vehicle SHOOTING TIME: May 8, 2024 DATELINE: May 10, 2024 LENGTH: 00:01:16 LOCATION: SHENYANG, China CATEGORY: MARKET/TECHNOLOGY SHOTLIST: 1. various of the roll-off ceremony 2. various of the production line 3. SOUNDBITE (Chinese): LI KAI, Vice President, China Academy of Northeast Revitalization STORYLINE: A BMW i5 electric car rolled off the assembly line on Wednesday in northeast China's Shenyang, the capital city of Liaoning Province. It marked the 6 millionth car produced by BMW Group's joint venture in China, BMW Brilliance Automotive (BBA). This came just 15 months after the joint venture produced its 5 millionth car. In April, the BMW Group announced an additional investment of 20 billion yuan (about 2.8 billion U.S. dollars) in the Shenyang production base. The German carmaker said that the investment will be used for upgrading and innovating BBA's Dadong plant, which was founded in 2003. In 2023, the BMW Group delivered a total of more

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CHINA-ANHUI-HEFEI-NIO-500,000TH VEHICLE-ROLLING OFF (CN)

(240509) -- HEFEI, May 9, 2024 (Xinhua) -- Li Bin, founder of NIO, addresses an event marking the rolling off of NIO's 500,000th vehicle in Hefei, east China's Anhui Province, May 9, 2024. Chinese electric carmaker NIO saw its 500,000th vehicle roll off the production line in Hefei, capital of east China's Anhui Province, on Thursday. (Xinhua/Zhang Duan)

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CHINA-ANHUI-HEFEI-NIO-500,000TH VEHICLE-ROLLING OFF (CN)

(240509) -- HEFEI, May 9, 2024 (Xinhua) -- This photo taken on May 9, 2024 shows NIO's 500,000th vehicle at the NIO Second Advanced Manufacturing Base in Hefei, east China's Anhui Province. Chinese electric carmaker NIO saw its 500,000th vehicle roll off the production line in Hefei, capital of east China's Anhui Province, on Thursday. (Xinhua/Zhou Mu)

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CHINA-ANHUI-HEFEI-NIO-500,000TH VEHICLE-ROLLING OFF (CN)

(240509) -- HEFEI, May 9, 2024 (Xinhua) -- Staff members pose for a group photo with NIO's 500,000th vehicle at the NIO Second Advanced Manufacturing Base in Hefei, east China's Anhui Province, May 9, 2024. Chinese electric carmaker NIO saw its 500,000th vehicle roll off the production line in Hefei, capital of east China's Anhui Province, on Thursday. (Xinhua/Zhang Duan)

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CHINA-ANHUI-HEFEI-NIO-500,000TH VEHICLE-ROLLING OFF (CN)

(240509) -- HEFEI, May 9, 2024 (Xinhua) -- This photo taken on May 9, 2024 shows NIO's 500,000th vehicle at the NIO Second Advanced Manufacturing Base in Hefei, east China's Anhui Province. Chinese electric carmaker NIO saw its 500,000th vehicle roll off the production line in Hefei, capital of east China's Anhui Province, on Thursday. (Xinhua/Zhang Duan)

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CHINA-ANHUI-HEFEI-NIO-500,000TH VEHICLE-ROLLING OFF (CN)

(240509) -- HEFEI, May 9, 2024 (Xinhua) -- This photo taken on May 9, 2024 shows NIO's 500,000th vehicle at the NIO Second Advanced Manufacturing Base in Hefei, east China's Anhui Province. Chinese electric carmaker NIO saw its 500,000th vehicle roll off the production line in Hefei, capital of east China's Anhui Province, on Thursday. (Xinhua/Zhang Duan)

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CHINA-ANHUI-HEFEI-NIO-500,000TH VEHICLE-ROLLING OFF (CN)

(240509) -- HEFEI, May 9, 2024 (Xinhua) -- This photo taken on May 9, 2024 shows NIO's 500,000th vehicle at the NIO Second Advanced Manufacturing Base in Hefei, east China's Anhui Province. Chinese electric carmaker NIO saw its 500,000th vehicle roll off the production line in Hefei, capital of east China's Anhui Province, on Thursday. (Xinhua/Zhang Duan)

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Volvo car sales see 27 pct rise in April

STORY: Volvo car sales see 27 pct rise in April SHOOTING TIME: May 6, 2024 DATELINE: May 7, 2024 LENGTH: 00:01:22 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of a Volvo showroom in Stockholm, Sweden 2. various of a Volvo production line (source: Volvo Group) 3. various of running footage of a Volvo car (source: Volvo Group) 4. various of traffic in Stockholm, Sweden STORYLINE: Sales of Volvo Cars soared by 27 percent in April 2024 compared to the same month last year, the carmaker said on Monday. The company sold 65,838 vehicles in April, an increase Volvo said was mainly driven by sales in Europe, which were up by 65 percent year-on-year. Meanwhile, global sales of electrified models were up 56 percent, and fully electric models were up by 94 percent compared with April 2023, the company said. From January through April, 214,914 vehicles were sold, corresponding to a 16 percent increase compared with the same period last year. "This performance demonstrates we are making goo

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CHINA-BEIJING-LI QIANG-ELON MUSK-MEETING (CN)

(240428) -- BEIJING, April 28, 2024 (Xinhua) -- Chinese Premier Li Qiang meets with Elon Musk, CEO of the U.S. electric carmaker Tesla, in Beijing, capital of China, April 28, 2024. (Xinhua/Wang Ye)

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XINHUA PHOTOS OF THE DAY

(240428) -- BEIJING, April 28, 2024 (Xinhua) -- This photo taken on April 26, 2024 shows a BMW electric vehicle displayed at the signing ceremony for deepening strategic cooperation between BMW and Shenyang, in Shenyang, northeast China's Liaoning Province. German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang. (Xinhua/Pan Yulong)

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BMW to further invest 2.8 bln USD in NE China production base

STORY: BMW to further invest 2.8 bln USD in NE China production base SHOOTING TIME: recent footage DATELINE: April 27, 2024 LENGTH: 0:01:12 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of BMW 2. SOUNDBITE (English): OLIVER ZIPSE, Chairman of the Board of Management of BMW AG 3. various of BMW STORYLINE: German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province. The carmaker said the investment will be used for upgrading as well as technological innovation of the Dadong plant of BMW Group's joint venture in China, BMW Brilliance Automotive Ltd. (BBA). "The planned investment underlines not only our confidence in China's long-term economic prospects, but also in the innovation capabilities of our Chinese partners," said Oliver Zipse, chairman of the Board of Management of BMW AG, in a speech. SOUNDBITE (English): OLIVER ZIPSE, Chairman of the

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CHINA-LIAONING-SHENYANG-BMW-PRODUCTION BASE-FURTHER INVESTMENT (CN)

(240427) -- SHENYANG, April 27, 2024 (Xinhua) -- This photo taken on April 26, 2024 shows BMW electric vehicles displayed at the signing ceremony for deepening strategic cooperation between BMW and Shenyang, in Shenyang, northeast China's Liaoning Province. German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province. (Xinhua/Pan Yulong)

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CHINA-LIAONING-SHENYANG-BMW-PRODUCTION BASE-FURTHER INVESTMENT (CN)

(240427) -- SHENYANG, April 27, 2024 (Xinhua) -- Oliver Zipse, chairman of the Board of Management of BMW AG, speaks during an interview in Shenyang, northeast China's Liaoning Province, April 26, 2024. German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province. (Xinhua/Pan Yulong)

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CHINA-LIAONING-SHENYANG-BMW-PRODUCTION BASE-FURTHER INVESTMENT (CN)

(240427) -- SHENYANG, April 27, 2024 (Xinhua) -- Oliver Zipse, chairman of the Board of Management of BMW AG, speaks during an interview in Shenyang, northeast China's Liaoning Province, April 26, 2024. German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province. (Xinhua/Pan Yulong)

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CHINA-LIAONING-SHENYANG-BMW-PRODUCTION BASE-FURTHER INVESTMENT (CN)

(240427) -- SHENYANG, April 27, 2024 (Xinhua) -- This photo taken on April 26, 2024 shows a scene at the signing ceremony for deepening strategic cooperation between BMW and Shenyang, in Shenyang, northeast China's Liaoning Province. German carmaker BMW announced on Friday an additional investment of 20 billion yuan (about 2.81 billion U.S. dollars) in its production base in Shenyang, capital of northeast China's Liaoning Province. (Xinhua/Pan Yulong)