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Mercedes-Benz will pay a million penalty to US safety regulators for a string of reporting failures involving recalled vehicles.

Metrobus Director Roberto Capuano announced that the operating cost is 30 percent less than that of a diesel-fueled bus, Mexico News Daily said. Also, the new buses promise a better experience for passengers and drivers, offering a smoother ride.

Meng Meng, one of two Chinese pandas, receives a birthday cake to mark its fourth birthday in the enclosure at the zoo in Berlin, on July 10, 2017. [Photo/VCG]

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Meanwhile, the two sides signed preliminary agreements on the construction of a dam and auto assembly plant in Zimbabwe by Anhui Shui'an Construction Group and JAC Auto, respectively.

Meanwhile, the number of new models launched in October decreased 25 percent year-on-year, according to the report.

Meituan-Dianping has recently started preparatory work with the three banks for the IPO, the people told Reuters.

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Mengniu said the deal is a major part of its internationalization process and will enhance its layout in Australia while providing a more complete, competitive and efficient global supply chain to offer products for consumers in China, Southeast Asia and Australia.

Media reports said that iPhone X orders will decline by 30 percent in the first quarter. Other smartphone manufacturers including Huawei Technologies Co Ltd, OPPO Electronics Corp and Vivo Mobile Communication Technology have cut down their orders from supply chain manufacturers by about 10 percent .

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Meanwhile, three comprehensive bonded zones, located in Xinjiang's Alataw Pass, Kashgar, and the regional capital Urumqi, saw their combined foreign trade value rising more than 40 percent year-on-year in January.

Mercedes-Benz followed closely behind BMW in China, the largest market for both of them, in September sales.