China's BYD Looks to Charge its U.S. Business
Dec 13, 2010
Washington DC December 13, 2010; Chinese battery and car maker BYD Co. plans to start test-marketing an all-electric battery car in the U.S. next year, after almost a year's delay, and is in talks with officials in Los Angeles to supply e-buses that could eventually lead to a manufacturing plant in the city. The Wall S ... Continue reading
ZAP and Remy Electric Motors Sign Strategic Development and Supply Agreement - VIDEO ENHANCED
Nov 5, 2010
SHENZHEN, China, Nov. 4, 2010 SHENZHEN, China, Nov. 4, 2010 -- Remy Electric Motors, LLC, has been named the new electric motor supplier to ZAP (OTC Bulletin Board: ZAAP). Today ZAP Founder Gary Starr and Remy Electric Motors General Manager Kevin Quinn told an audience of exhibitors and participants at this year's Wor ... Continue reading
GM First Global Automaker to Sell 2 Million Vehicles in China
Nov 4, 2010
PR Newswire SHANGHAI, Nov. 3, 2010 SHANGHAI, Nov. 3, 2010 -- General Motors today became the first global automaker to sell 2 million vehicles in China in a single year. "This is another important milestone for General Motors in China," said Kevin Wale, President and Managing Director of the GM China Group. "It was onl ... Continue reading
Toyota, China's CATARC to Start Plug-in Hybrid Tests in China
Oct 31, 2010
Tianjin, Oct 28, 2010; Toyota Motor Corporation (TMC) announces that TMC and the Chinese government-affiliated China Automotive Technology and Research Center (CATARC) held a ceremony today to mark an agreement to conduct joint verification tests of the "Prius Plug-in Hybrid" in Tianjin. CATARC President Assistant Li W ... Continue reading
U.S. Auto Stabilizes, While Sales in China Soar, Says Plunkett Research
Oct 21, 2010
HOUSTON--Plunkett Research, Ltd. has released its newest market research and competitive analysis report, Plunkettââ¬â¢s Automobile Industry Almanac, 2011 edition, which identifies and analyzes major trends shaping the automobile and truck industry. âChina will be the big story in the automobile industr ... Continue reading
Ford Posts Record September and Year-To-Date Sales in Asia Pacific and Africa Region
Oct 11, 2010
Ford's Asia Pacific and Africa region posted record sales in September of 78,700 units, a 27 percent increase, and sales of 651,856 so far this year, an increase of 40 percent In China and India, Ford sold 482,129 vehicles so far this year, a 50 percent increase Led by strong demand for the all-new Ford Fiesta, sales i ... Continue reading
China BAK Awarded a New Contract to Supply High-Power Batteries to Chery Automobile
Sep 11, 2010
SHENZHEN, China, Sept.10 /PRNewswire-Asia-FirstCall/ -- China BAK Battery, Inc. ("China BAK", the "Company", or "we") , a leading global manufacturer of lithium-based battery cells, today announced that the Company's Tianjin facility was awarded a new contract by Chery Automobile Co., Ltd. ("Chery"), one of the largest ... Continue reading
The Gasoline Companies Should Fund the Big Three Bailout - VIDEO ENHANCED
Sep 6, 2010
By Marc J. Rauch Exec. Vice President/Co-Publisher Making the Case for Not Bailing Out the U. S. Car Companies Is America Allowing the Big Three to Fail or Have the Big Three Failed America? OPEC and the Gasoline Companies Should Fund the Auto Bailout A few weeks ago Congress approved a $25 billion aid package to the A ... Continue reading
Sep 1, 2010
BOULDER, Colo.--Automakers are on the verge of mass-marketing plug-in electric vehicles worldwide, including both plug-in hybrid electric vehicles (PHEVs) as well as battery electric vehicles (BEVs).Ã These vehicles offer improved fuel economy, lower emissions, and a quieter ride than comparable traditionally power ... Continue reading
Goldman Sachs Leads a US$70m Investment in eHi Car Rental
Aug 31, 2010
SHANGHAI, Aug. 30 eHi Car Rental (http://www.1hai.cn/ , "eHi"), a Shanghai-based leading car rental company in China, is pleased to announce that it has signed a definitive investment agreement valued at US$70 million today with a consortium including Goldman Sachs, as the lead investor, and all of eHi's existing share ... Continue reading
China Traffic Jam - Nine Days, 60 Miles
Aug 23, 2010
The drivers say locals are over-charging them for food and drink A massive traffic jam in China has slowed vehicles to a crawl for a ninth day near Beijing, local media say. Vehicles, mostly lorries bound for Beijing, are backed up for about 100km (62 miles) because of heavy traffic, road works and break-downs. The dri ... Continue reading
GM and China's SAIC to Develop 1.0 to 1.5-litre Engines for Small Cars
Aug 18, 2010
SHANGHAI, Aug 18, 2010; Soo Ai Peng writing for Reuters reportede that General Motors Co will co-develop engines and transmissions with Chinese partner SAIC Motor Corp seeking to draw on the allure of the fast-growing China market ahead of a highly anticipated IPO. The joint development deal, announced by the two autom ... Continue reading
Tata, EV's, China and More In C.A.R.S Management Briefing Seminar Day 2
Aug 4, 2010
CENTER FOR AUTOMOTIVE RESEARCH MANAGEMENT BRIEFING SEMINARS 2010 Traverse City â Day 2 By Steve Purdy TheAutoChannel.com Detroit Bureau While attendance here at Management Briefing Seminars seemed weak yesterday, itâs usually less attended the first day of the conference. I understand that the official number ... Continue reading
Cyclone Power Technologies Enters Prototyping Phase with Licensee in China
Aug 3, 2010
POMPANO BEACH, Fla.--Cyclone Power Technologies Inc. (Pink Sheets: CYPW) announced that its licensee Great Wall Alternative Power Systems Ltd. has completed the first phase of its License Agreement involving the establishment of secure intellectual property protocols in China for Cycloneââ¬â¢s technology. Th ... Continue reading
Geely Completes Acquisition of Volvo from Ford - Stefan Jacoby Steps In as New CEO
Aug 2, 2010
Stefan Jacoby Named President and Chief Executive of Volvo Cars; New Board Unveiled HANGZHOU, China and GOTHENBURG, Sweden, Aug. 2 -- Zhejiang Geely Holding Group Co., Ltd. ("Geely Holding Group"), one of the fastest-growing car manufacturers in China, today announced it has completed the acquisition of 100 per cent of ... Continue reading
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