Chinese luxury car dealer Yongda and giant online retailer Alibaba are offering the next logical step in online car buying for luxury car buyers: point-and-click car buying.

The South China Morning Post is reporting that Yongda, which has more than 200 high-end car dealerships in China, will make available its cars on the shopping site for browsers to point, click, pay and drive away from a dealership.

Seems like a good idea for ultra-luxury cars.

(Read More…)

Now that Geely has bought Volvo, their founder and chairman Li Shufu is seeking a new challenge. He’s going virtual.

Geely plans to sell cars specially designed for Internet sales at Alibaba, China’s biggest online marketplace, reports state news agency Xinhua. (Read More…)