Alstom said the acquisition of Bombardier's train business subsidiary was worth $ 8.2 billion. This will provide the Canadian industrial giant with much-needed cash while spawning a new train giant focused on the European market, large enough to rival Chinese rivals.

As the new coronavirus epidemic has a more severe impact on industrial production, the volume of freight shipments from China has plummeted, and shipping companies are prepared to withstand the financial shock caused by the decline in traffic.

On Wednesday, British Airways, Lufthansa and Indonesian Lion Air, part of International Consolidated Airlines Group SA, became the first airlines to suspend flights to and from China in response to the epidemic.

British Airways said on Wednesday that the cancellation of all flights to mainland China was effective immediately.

Chinese authorities fined Japanese carmaker Toyota Motor 87.6 million yuan (USD12.5 million) for price-fixing on its luxury vehicle division Lexus in eastern Jiangsu province on Friday.

Tesla starts deliveries of China-made Model 3 cars in its Shanghai giga-factory, saying that it will beef up deliveries next month, Reuters reports.

New York-listed Chinese electric car firm NIO launches its third sport utility vehicle, an updated model in a bid to speed up the growth of China’s sluggish electric vehicle market.

BMW and Great Wall Motor open a new electric car plant in China, with an annual production of 160,000 cars per year.

PSA Peugeot Citroën plans to sell 50% of its joint venture with China's Chongqing Changan Automobile.

South Korean consortium wins two Chinese rivals over the most competitive bid to a tender for building the third metro line in Panama City

Shortly after the first anniversary of the Hong Kong-Zhuhai-Macao Bridge, Zhuhai government released the latest plan to construct Shenzhen-Zhuhai Bridge and Tunnel.

China Communications Construction Co., Ltd. said it has won a contract worth $5.02 billion for a Columbia Metro project.

China’s Foton, a truck venture partner of Daimler, plans to sell 200,000 new energy commercial vehicles a year by 2025.

China’s biggest carmaker SAIC Motor aims to triple its overseas auto sales into 1 million units by 2025

Tesla unveiled its first China-built vehicles.

Didi Chuxing, China’s biggest ride-hailing platform, reversed a decision to allow male passengers to ride in the night time.

Airbus said on Wednesday that it has signed a memorandum of understanding with the National Development and Reform Commission to strengthen the European aircraft manufacturer's partnership with China.

The Zurich-based robotic company bought a major stake in Shanghai-based EV charging provider Chargedot, so as to expand its investment in the e-mobility market.

Volkswagen plans to build two electric car factories in China next year, with a production capacity of 600,000 cars