Category: Business news

Volvo: China beats Sweden






China has surpassed Volvo’s home country Sweden to become the automaker’s second-largest market after the US. Its January sales in China hit 4,776 units, an increase of 75.8 percent from a year ago. The company said it sold 29,614 vehiclesacross the globe in the same month. The imported mid-sized S60 sedan and imported SUV XC60 both set records for single month sales in China. Source: China Daily

Star Alliance Introduces enhanced Asia Airpass






Star Alliance has launched an enhanced Asia Airpass for travel across the Asian continent. “The new Asia Airpass, with its extended routing possibilities, reflects the growing desire for travellers to explore the full Asian continent on an Airpass journey, a need which was not fully met in the past,” said Horst Findeisen, Vice President Commercial…

Nokia’s Chinese New Year goal might fall due to ‘delivery shortages’






On billboards across Beijing, in subway stations and on banners outside its stores, China Mobile Ltd. is inviting subscribers to “Change Phones for the New Year!” with Nokia Oyj’s Lumia 920T. That’s not as easy as it looks. Most China Mobile outlets won’t carry the 4,599-yuan ($738) device ahead of next week’s holiday, with the…