Kia SUV MESA to Be Introduced to China Next Year
Aug 15, 2007
SHANGHAI - August 15, 2007: Kia Motors will launch a SUV model globally next year and this model will be introduced to the Chinese market late 2008, according to sources from the company. The SUV MESA is based on the concept car KCD II MESA, which was launched in 2005. The KCD II MESA was designed and developed in the ... Continue reading
Profits of China's Auto Manufacturers Up 66% in H1
Aug 15, 2007
SHANGHAI - August 15, 2007: The combined after-tax profits of China's top 16 automotive groups reached 30.2 billion yuan (US$3.99 billion) in the first half year, representing an increase of 66% from a year earlier, according to China Association of Automobile Manufacturers (CAAM). Total revenues from core business of ... Continue reading
Mitsubishi to Introduce 9th-Gen Lancer to China - VIDEO ENHANCED
Aug 14, 2007
SHANGHAI - August 14, 2007: Mitsubishi Motors' 9th-Gen Lancer displayed at U.S. Auto Shows earlier this year will be introduced to China and produced locally in China, the company said recently. "Southeast Motors will definitely produce this model locally here, "a Southeast Motors official said. Southeast Motors is a p ... Continue reading
Shanghai GM and Dongfeng Nissan to Introduce SUV Models to China
Aug 14, 2007
SHANGHAI - August 14, 2007: Shanghai GM plans to introduce a SUV model, Antara, later this year, a Shanghai GM official told Gasgoo.com today. "We are not allowed to disclose any details about new car models to be introduced to China," said Gong Guangjun, a public relations official from GM. However, Gong confirmed tha ... Continue reading
Audi Q5 and New Audi A4 To Be Locally Produced In China
Aug 14, 2007
SHANGHAI - August 14, 2007: CFAW-VW plans to produce a new generation of Audi A4 locally in China by the end of 2008, according to a Chinese media report. FAW-VW also plans to produce SUV model Audi Q5 in China by the first half of 2009, according to the Beiing News report yesterday. The purpose of launching Q5 is to b ... Continue reading
China's Auto Sales Top The World By 2015, Experts Say
Aug 13, 2007
SHANGHAI - August 13, 2007: China could overtake the United States as worldâs biggest auto market by 2015, an official from State Information Center said recently. This year Chinaâs automobile sales are expected to surge 17.7% year on year to 8.3 million units, accounting for 12% of the global sales. Producti ... Continue reading
Dongfeng to Joint Venture With Volvo in May 08
Aug 13, 2007
SHANGHAI - August 13, 2007: Dongfeng commercial vehicle and AB Volvo are in talks about setting up a joint venture next year, a source from Dongfeng Motors said. "If nothing goes wrong, the two companies will officially start cooperation by next May," the unnamed sources from Dongfeng Motor said yesterday. In January, ... Continue reading
BMW 325i Sports Version Launches This Month in China
Aug 10, 2007
SHANGHAI - August 10, 2007: Brilliance BMW will launch BMW325i (M sports package), the company announced early this week. BMW Motorsport GmbH is a research organization affiliated to BMW, which is dedicated to the research and development of racing cars. This research institution has successfully developed BMW M3, BMW ... Continue reading
Toyota's Yaris and Camry To Share The Same Chinese Assembly Line
Aug 9, 2007
SHANGHAI - August 9, 2007: Camry, a new model of Guangzhou Toyota launched at the beginning of this year, has sold 80,000 units in the first half year and the company expects Camry sales to reach 150,000 units by the end of this year. Meanwhile, another hot selling Toyota model Yaris, which has sold 3,000,000 units glo ... Continue reading
Fiat Eyes Faster Expansion in China by Forming Partnership With Chery
Aug 9, 2007
SHANGHAI - August 9, 2007: Italian automaker Fiat, announced its plan to form a joint venture with Chery Automobile after being disappointed by its first Chinese partner Nanjing Automobile Corp. The company hopes to achieve fast business expansions in China by working with another partner. The two sides signed a memora ... Continue reading
Fiat and Chery sign a 'Memorandum of Understanding' to establish a passenger cars JV in China
Aug 8, 2007
Fiat Group Automobiles and Chery Automobiles have signed a âMemorandum of Understandingâ for the establishment of a passenger car 50%-50% joint venture (JV). Located in Wuhu, Anhui province, the Joint Venture to be established, will produce and distribute Alfa Romeo & FIAT cars of Fiat Group Automobiles and C ... Continue reading
Eight Trends Emerging In China's Auto Industry
Aug 8, 2007
SHANGHAI - August 8, 2007: Eight trends emerged as China's auto industry has experienced fast expansion over recent years. Innovation oriented After years of reform and studies, business leaders in China auto industry realized that they needs more self-innovative capability to support its rapid development, and this in ... Continue reading
China's Passenger Vehicle Sales Plummet In July
Aug 8, 2007
SHANGHAI - August 8, 2007: Typically July and August is a sluggish season for auto sales and there is no exception in this year. More than a half of automakers' sales declined in July, according to the statistics released by China Association of Automobile Manufacturers. New models, such as FAWVW Magotan, FAW Toyota Co ... Continue reading
Guangzhou Hyundai Commercial Vehicle Project Is Grounded
Aug 8, 2007
SHANGHAI - August 8, 2007: China's largest commercial vehicle project, Guangzhou Hyundai commercial vehicle, was grounded and its future remains unclear, Chinese media reported today. "There are no signs that the project could possibly start by the end of this year," said a worker at the planned projectâs construc ... Continue reading
Shanghai GM ranked as Most Competitive Passenger Vehicle Manufacturer in China
Aug 7, 2007
SHANGHAI - July 7, 2007: The "Top 30 Most Competitive Passenger Vehicle Manufacturers", a list prepared by Guangzhou Daily, is released on Monday. Shanghai GM, the defending champion, has won the title since the ranking started in 2004. The top 30 PV manufacturers are determined by a number of factors, including produc ... Continue reading
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