News By Topic: China Auto News

Sinotruk March Sales Up 100% M/M To New High

Apr 2, 2009

Sinotruk March sales up 100% m/m to new high http://www.gasgoo.com/auto-news/1009854/Sinotruk-March-sales-up-100-m-m -to-n ew-high.html Shanghai, April 2 (Gasgoo.com) As the Chinese auto market began to rally earlier this year, the country's largest heavy truck maker Sinotruk saw its sales of heavy-duty trucks in March ... Continue reading

Changfeng To Make China's First Hybrid SUV

Apr 2, 2009

Changfeng to make China's first hybrid SUV http://www.gasgoo.com/auto-news/1009852/Changfeng-to-make-China-s-first -hybr id-SUV.html Shanghai, April 2 (Gasgoo.com) As the earliest Chinese SUV maker, Changfeng Motor is set to launch China's first hybrid SUV model, which is codenamed Liebao (Leopard) CS7 Hybrid, reported ... Continue reading

GM CEO Exit Won't Affect Its China Operation

Mar 31, 2009

GM CEO exit won't affect its China operation http://www.gasgoo.com/auto-news/1009809/GM-CEO-exit-won-t-affect-its-Ch ina-o peration.html Shanghai, March 31 (Gasgoo.com) General Motors CEO Rick Wagoner was reported to step down immediately at the request of the White House, a sign of major changesin the auto giant but G ... Continue reading

BYD Auto 08' Sales Revenue Up 77% to $1.27 Bln

Mar 31, 2009

BYD Auto 08' sales revenue up 77% to $1.27 bln http://www.gasgoo.com/auto-news/1009819/BYD-Auto-08-sales-revenue-up-77 -to-1 -27-bln.html Shanghai, March 31 (Gasgoo.com) BYD Co, China's battery producer and auto maker, said in a statement that its net profit fell 37% year on year in 2008 but sales revenue of its vehicl ... Continue reading

Geely Auto Eyes Overseas Mergers Out Of Need

Mar 31, 2009

Geely Auto eyes overseas mergers out of need http://www.gasgoo.com/auto-news/1009810/Geely-Auto-eyes-overseas-merger s-out -of-need.html Shanghai, March 31 (Gasgoo.com) Geely Auto, one of China's biggest private carmakers, will choose partners for mergers and acquisitions out of its own need, the company's vice preside ... Continue reading

Shanghai GKN Drive Shaft To Build NE China Plant

Mar 30, 2009

Shanghai GKN Drive Shaft to build NE China plant http://www.gasgoo.com/auto-news/1009801/Shanghai-GKN-Drive-Shaft-to-bui ld-NE -China-plant.html Shanghai, March 30 (Gasgoo.com) Shanghai GKN Drive Shaft Co., Ltd. (SDS) will build a 500-million-yuan manufacturing base of drive shafts in northeastern Chinese city of Chang ... Continue reading

Dongfeng Motor To Launch First Hybrid Model In '09

Mar 30, 2009

Dongfeng Motor to launch first hybrid model in '09 http://www.gasgoo.com/auto-news/1009799/Dongfeng-Motor-to-launch-first- hybri d-model-in-09.html Shanghai, March 30 (Gasgoo.com) Dongfeng Motor Group Co, China's third-biggest automaker, said it plans to launch its own-brand hybrid car model this year, Reuters reported ... Continue reading

JAC To Release A00 Minicar At Shanghai Show

Mar 27, 2009

JAC to release A00 minicar at Shanghai show http://www.gasgoo.com/auto-news/1009771/JAC-to-release-A00-minicar-at-S hangh ai-show.html Shanghai, March 27 (Gasgoo.com) Anhui Jianghuai Automobile Co. Ltd. (JAC) plans to enter the minicar market after its Binyue and Tongyue sedan models successfully penetrating the middle ... Continue reading

Geely Buys Australian Transmission Maker DSI

Mar 27, 2009

Geely buys Australian transmission maker DSI http://www.gasgoo.com/auto-news/1009775/Geely-buys-Australian-transmiss ion-m aker-DSI.html Shanghai, March 27 (Gasgoo.com) Chinese home-grown automaker Geely Automobile Holdings said in a statement that it has signed an agreement today to acquire Australian auto-parts suppl ... Continue reading

China's Geely among Volvo Suitors, Ford confirms talks

Mar 27, 2009

Geely among Volvo suitors, Ford confirms talks http://www.gasgoo.com/auto-news/1009776/Geely-among-Volvo-suitors-Ford- confi rms-talks.html Shanghai, March 27 (Gasgoo.com) Ford Motor has held talks with several potential buyers interested in its money-losing Swedish unit Volvo Cars, China Business News said today. Amon ... Continue reading

China Automotive Systems Reports Fourth Quarter and Fiscal Year 2008 Financial Results

Mar 26, 2009

WUHAN, Hubei, China, March 26 /PRNewswire-Asia/ -- China Automotive Systems, Inc., the "Company", , a leading power steering components and systems supplier in China, today announced its 2008 fourth quarter and financial results for the year ended December 31, 2008. -- Net Sales for 2008 Fourth Quarter were $38.3 milli ... Continue reading

Beijing Auto To Launch Six New Models In 2010

Mar 25, 2009

Beijing Auto to launch six new models in 2010 http://www.gasgoo.com/auto-news/1009749/Beijing-Auto-to-launch-six-new- model s-in-2010.html Shanghai, March 25 (Gasgoo.com) Beijing Auto has planned for several own-brand models to be launched in each of the coming years. The carmaker will manage to release two sedan model ... Continue reading

China Raises Gasoline, Diesel Prices By 3-5%

Mar 25, 2009

China raises gasoline, diesel prices by 3-5% http://www.gasgoo.com/auto-news/1009748/China-raises-gasoline-diesel-pr ices- by-3-5.html Shanghai, March 25 (Gasgoo.com) China started to raise gasoline, diesel prices today by 3% to 5% to reflect climbing crude oil prices, Xinhua news agency reported, citing China's top ec ... Continue reading

Wonder-CT&T Venture Rolls Out First Electric Car

Mar 24, 2009

Wonder-CT&T venture rolls out first electric car http://www.gasgoo.com/auto-news/1009741/Wonder-CT-T-venture-rolls-out-f irst- electric-car.html Shanghai, March 24 (Gasgoo.com) Jinzhou Wonder Motor Co. Ltd, one of the subsidiaries of Wonder Auto Technology Inc, rolled out its first electric car on Monday at its joint v ... Continue reading

Changsha To Make 1 Mln Vehicles A Year By '15

Mar 24, 2009

Changsha to make 1 mln vehicles a year by '15 http://www.gasgoo.com/auto-news/1009737/Changsha-to-make-1-mln-vehicles -a-ye ar-by-15.html Shanghai, March 24 (Gasgoo.com) Auto making is becoming a pillar industry in southern Chinese city of Shangsha, capital of Hunan province. By 2015, the annual output of vehicles in C ... Continue reading