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China tech giant Baidu to develop driverless car: media
by Staff Writers
Beijing (AFP) June 10, 2015


China auto sales down slightly in May: industry group
Beijing (AFP) June 10, 2015 - China's auto sales fell slightly on a year-on-year basis in May, an industry group said Wednesday, as a slowing economy prompts manufacturers to cut prices and trim production in the world's largest car market.

Auto sales in China slipped 0.4 percent on year to 1.90 million units last month, the China Association of Automobile Manufacturers (CAAM) said.

"It is worth noting that both production and sales were lower than the levels last year," Chen Shihua, director of CAAM's industry information department, told a news conference.

He added the twin falls in production and sales in May marked the first time this year that both had fallen year-on-year.

Production slipped 0.58 percent to 1.96 million vehicles in May, according to CAAM.

For the first five months of the year, sales performed better, rising 2.11 percent year-on-year to 10.05 million units, it said.

In the January-May period, passenger car sales alone gained 6.36 percent year-on-year to 8.58 million, but rose just 1.2 percent on year in May to 1.61 million, according to the group.

The passenger car market was supported by healthy sales of sport utility vehicles (SUVs) and multi-purpose vehicles (MPVs), it said.

"Growth in the first five months, like in the first four months, was driven mainly by SUV and MPV sales," Chen said, adding domestic brands had benefitted from the preference for larger vehicles.

US auto company General Motors sold 252,567 vehicles in China for May, which was down 4.0 percent year-on-year, according to the company.

"We continue to respond to shifting consumer preferences with more new products in the high-growth SUV, MPV and luxury segments," GM China President Matt Tsien said in a statement issued last week.

"China's vehicle market continues to grow at a moderate pace," he said. "We expect about six to eight percent annual growth."

China's overall auto sales reached 23.49 million vehicles last year, jumping 6.9 percent from 2013.

Chinese search engine giant Baidu plans to develop a driverless car, according to domestic media reports, following in the footsteps of fellow technology firm Google.

Several Chinese technology firms, including e-commerce company Alibaba and WeChat messaging app provider Tencent, have announced plans for cars, shaking up the traditional industry in the world's largest auto market.

Baidu will work with a yet unknown auto manufacturer to introduce a driverless car by the end of this year, Wang Jin, a vice president of the company, was quoted by the Beijing-based Economic Observer as telling a conference on Sunday.

Baidu has previously worked on "semi-autonomous" cars with German automaker BMW.

Google of the United States is also developing a driverless car and has said it plans to test it on public roads this year around its headquarters in California.

Alibaba is planning an "Internet car" that would use technology to provide a better driving experience including e-commerce, digital entertainment, map and communications services.

Tencent also has plans for an Internet-connected car, while Chinese video streaming platform Letv plans an electric vehicle.

But analysts say details of the automotive visions of Chinese technology firms remain vague, and commercial production is unlikely.

Baidu's announcement follows a series of scandals.

The company was banned from competing in an international artificial intelligence competition next year after it was discovered that a team of researchers cheated this year.

And last month it said it had launched anti-corruption investigations into an unspecified number of its own employees after reports three department heads were being probed.

bdh-bxs/kgo/sm

Baidu

Google

Tencent

BMW


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