China carmakers to tie up for electric vehicle R&D
Aug 10, 2009
China carmakers to tie up for electric vehicle R&D http://autonews.gasgoo.com/auto-news/1011679/China-carmakers-to-tie-up- for-e lectric-vehicle-R-D.html Shanghai, August 10 (Gasgoo.com) The booming development of new-energy vehicles is bringing Chinese car companies together. The country's top 10 automakers are set to ... Continue reading
PetroChina, Shell, Qatar to build Taizhou refinery
Aug 7, 2009
PetroChina, Shell, Qatar to build Taizhou refinery http://autonews.gasgoo.com/auto-news/1011650/PetroChina-Shell-Qatar-to- build -Taizhou-refinery.html Shanghai, August 7 (Gasgoo.com) China's largest oil producer PetroChina is partnering with Royal Dutch Shell and Qatar to build an 80 billion yuan ($11.71 bln) refining ... Continue reading
Beijing Gives Geely Go-Ahead to Buy Volvo Cars
Jul 30, 2009
Beijing gives Geely go-ahead to buy Volvo Car unit Geely Holding Group has been given the go-ahead by China's main economic planning agency on its bid for Ford Motor Co.'s Volvo unit, the Shanghai Securities Journal reports Wednesday. The report said Geely has received the confirmation letter from the National Developm ... Continue reading
Beijing Automotive Industry Corp to Seek New Chances after Opel Buy Fails
Jul 29, 2009
BAIC to seek new chances after Opel buy fails Shanghai, July 28 President of Beijing Automotive Industry Corp. (BAIC) said the company would continue to seek international cooperation opportunities though it had failed to reach an agreement with General Motors on the buying of Opel, the Beijing Morning Post reports Tue ... Continue reading
Americans Open to Vehicles From China and India, Study Shows
Jul 28, 2009
New Study Shows Willingness to Accept Unknown Brands TUSTIN, Calif., July 28 -- Newly released research shows fifteen percent of new car buyers in the United States say they would consider purchasing their next vehicle from China, and eleven percent would consider buying a car from India, without knowing specific brand ... Continue reading
Jul 28, 2009
TOKYO - July 28, 2009: Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for June 2009 and for the first six months of calendar 2009. June 2009 Production: total and in Japan Total global production for June came in at 57,791 units, a decline of 47.8 percent o ... Continue reading
Bentley China Sales to Top 4,000 Units over 5 Years
Jul 28, 2009
Bentley China sales to top 4,000 units over 5 yrs Shanghai, July 27 Last week at the launch ceremony of a Bentley showroom in Guangzhou city, southern China, a top executive of Bentley China said that this super-luxury brand will deliver at least 4,000 its cars over the next five years in China, which is becoming one o ... Continue reading
Volvo Engineers Union Rejects Acquisition by Geely
Jul 22, 2009
Volvo engineers union repulses acquisition by Geely http://autonews.gasgoo.com/auto-news/1011417/Volvo-engineers-union-repu lses- acquisition-by-Geely.html Shanghai, July 22 (Gasgoo.com) Head of Volvo Car Corporation engineers union said that although Geely appears to be a serious buyers for Volvo, it can not change th ... Continue reading
Japan's Daihatsu to Sell Cars in China Under FAW Brand
Jul 17, 2009
Daihatsu to sell cars in China under FAW brand http://autonews.gasgoo.com/auto-news/1011352/Daihatsu-to-sell-cars-in-C hina- under-FAW-brand.html Shanghai, July 17 (Gasgoo.com) Japanese carmaker Daihatsu Motor Co. said today that it will start selling vehicles in China under its Chinese partner FAW's brand from the aut ... Continue reading
Veolia Transport Brings New Expertise to Run Hong Kong Tramways - VIDEO ENHANCED
Jul 17, 2009
July 17, 2009: French multinational Veolia has acquired a 50 percent stake in Hong Kong Tramways to assume the daily management of Hong Kong's iconic tram system. Veolia said it wants to use Hong Kong as a springboard to China and the rest of Asia. Founded in 1904, Hong Kong Tramways operates the world's largest double ... Continue reading
Geely to Offer Final $2 Billion Bid for Volvo
Jul 16, 2009
Geely said to offer final $2-bln bid for Volvo Geely Holding Group Co. is expected to submit a final bid by later this month with an offer anticipated to be around $2 billion, according to people familiar with Geely, The Wall Street Journal reported. The private Chinese automaker has been working for almost three years ... Continue reading
Jul 13, 2009
HONG KONG, July 12 GM has gone through the bankruptcy and reconstitution process within 40 days- a "lightening" speed, emerging as the new GM on July 10 formally. The reconstituted new GM has given up all its previous regional operation systems and withdrawn the establishment of operational areas in Latin America, Euro ... Continue reading
New GM Emerges From Bankruptcy; TheAutoChannel.com Comments - VIDEO ENHANCED
Jul 10, 2009
Moving Forward with Same Old Products and Old Values By Marc J. Rauch Exec. Vice President/Co-Publisher The Auto Channel General Motorsâ President and CEO Fritz Henderson hosted a news conference this morning to announce that General Motors has emerged from Chapter 11 bankruptcy. The press conference with a Q&A se ... Continue reading
Nissan to Launch Electric Vehicles in China in 2011 - VIDEO ENHANCED
Jul 10, 2009
Nissan to launch electric vehicles in China in '11 Shanghai, July 10 (Gasgoo.com) Nissan Motor Co., Ltd. plans to launch its lithium ion battery-driven vehicles in the Chinese market in 2011, according to Yasuaki Hashimoto, president of Nissan (China) Investment Co., Ltd., China Youth Daily reported today. The Renault- ... Continue reading
Jul 9, 2009
HONG KONG, July 9 /The financial crisis didn't block the growth of China's auto market. According to the latest statistics released on July 6th, sales in China's auto market hit a new high in June, refreshing the record for 4 straight months. China's cumulative auto sales exceeded 6 million units in the first half of t ... Continue reading
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