Rural Areas To Have 70% Of China Auto Market
Mar 12, 2009
Rural areas to have 70% of China auto market http://www.gasgoo.com/auto-news/1009618/Rural-areas-to-have-70-of-China -auto -market.html Shanghai, March 12 (Gasgoo.com) Geely Auto chairman Li Shufu said this week that China's rural market has huge potential for auto sales and the rural areas will account for up to 70% o ... Continue reading
FAW Sales And Profit Expected To Drop This Year
Mar 11, 2009
FAW sales and profit expected to drop this year http://www.gasgoo.com/auto-news/1009607/FAW-sales-and-profit-expected-t o-dro p-this-year.html Shanghai, March 11 (Gasgoo.com) Chinese auto giant FAW Group is expecting its sales volume and profit to fall this year due to increased competition, reported Dow Jones Internat ... Continue reading
Geely To Stop Making Cheap Cars Below $5,860
Mar 11, 2009
Geely to stop making cheap cars below $5,860 http://www.gasgoo.com/auto-news/1009604/Geely-to-stop-making-cheap-cars -belo w-5-860.html Shanghai, March 11 (Gasgoo.com) Geely Automobile will stop manufacturing cheap vehicles priced below 40,000 yuan ($5,860), said Li Shufu, Geely Chairman, to Beijing Times on March 10. ... Continue reading
SAIC-GM-Wuling Feb Sales Grow 48% Y/Y
Mar 11, 2009
SAIC-GM-Wuling Feb sales grow 48% y/y http://www.gasgoo.com/auto-news/1009602/SAIC-GM-Wuling-Feb-sales-grow-4 8-y-y .html Shanghai, March 11 (Gasgoo.com) SAIC-GM-Wuling Automobile Co, General Motors Corp.'s (GM) China commercial vehicle joint venture, sold 80,175 vehicles in February, up 48.4 percent from a year earlie ... Continue reading
Shanghai VW Leads China Feb Sedan Sales
Mar 10, 2009
Shanghai VW leads China Feb sedan sales http://www.gasgoo.com/auto-news/1009582/Shanghai-VW-leads-China-Feb-sed an-sa les.html Shanghai, March 10 (Gasgoo.com) After overtaking FAW VW as the top seller of China-made sedans, Shanghai VW continued to be the sedan market leader in February with sales hitting 42,899 units, ... Continue reading
China Auto-parts Import Value Up 7.3% In 2008
Mar 10, 2009
China auto-parts import value up 7.3% in 2008 http://www.gasgoo.com/auto-news/1009589/China-auto-parts-import-value-u p-7-3 -in-2008.html Shanghai, March 10 (Gasgoo.com) China's total imports of auto parts increased 7.28 percent year on year in 2008 to $16.3 billion, accounting for 52 percent of the total value of auto ... Continue reading
Geely Seeking Advice On Possible Bid For Volvo
Mar 10, 2009
Geely seeking advice on possible bid for Volvo http://www.gasgoo.com/auto-news/1009591/Geely-seeking-advice-on-possibl e-bid -for-Volvo.html Shanghai, March 10 (Gasgoo.com) China's largest private automaker Geely Holding Group Co. is once again rumored to buy Swedish carmaker Volvo, a unit of Ford Motor, Oriental Morni ... Continue reading
SAIC To Launch Hybrid Cars To Market By Late 2011
Mar 9, 2009
SAIC to launch hybrid cars to market by late 2011 http://www.gasgoo.com/auto-news/1009579/SAIC-to-launch-hybrid-cars-to-m arket -by-late-2011.html Shanghai, March 9 (Gasgoo.com) SAIC Motor will start to deliver home-grown gas-electric hybrid cars in large quantities to the market by the end of 2011, sina.com said today ... Continue reading
Beijing Auto To Buy Fujian Motor, Chrysler
Mar 9, 2009
Beijing Auto to buy Fujian Motor, Chrysler http://www.gasgoo.com/auto-news/1009572/Beijing-Auto-to-buy-Fujian-Moto r-Chr ysler.html Shanghai, March 9 (Gasgoo.com) As an automaker listed by the Chinese government to become one of the country's auto giants, Beijing Automotive Industry Holding Corp (BAIC, or Beijing Auto) ... Continue reading
FAW Group To Sell 100% Stake In Chengdu FAW
Mar 9, 2009
FAW Group to sell 100% stake in Chengdu FAW http://www.gasgoo.com/auto-news/1009575/FAW-Group-to-sell-100-stake-in- Cheng du-FAW.html Shanghai, March 9 (Gasgoo.com) Chinese auto giant FAW Group has put up for sale its all stake in Chengdu FAW Co., Ltd. The price is listed at 502,350,000 yuan ($72,550,000), as shown on ... Continue reading
Autodesk To Design Beijing Auto's Own-brand Car
Mar 6, 2009
Autodesk to design Beijing Auto's own-brand car http://www.gasgoo.com/auto-news/1009557/Autodesk-to-design-Beijing-Auto -s-ow n-brand-car.html Shanghai, March 6 (Gasgoo.com) Autodesk Software, the world's leading design and media software company, has recently signed an initial deal with Beijing Auto Research Institute ... Continue reading
Chery Auto Gets Green Light To Buy Volvo Brand
Mar 6, 2009
Chery Auto gets green light to buy Volvo brand http://www.gasgoo.com/auto-news/1009554/Chery-Auto-gets-green-light-to- buy-V olvo-brand.html Shanghai, March 6 (Gasgoo.com) Sources revealed yesterday that China's top economic planner has approved of Chery Auto's plan to buy the Volvo brand from Ford Motor, Shanghai-base ... Continue reading
Ford To Launch New Fiesta In Hainan Tonight
Mar 6, 2009
Ford to launch new Fiesta in Hainan tonight http://www.gasgoo.com/auto-news/1009552/Ford-to-launch-new-Fiesta-in-Ha inan- tonight.html Shanghai, March 6 (Gasgoo.com) Ford Motor Co will hold a launching ceremony for its new four-door Fiesta sedan and hatchback on China's southern resort island of Hainan on Friday evenin ... Continue reading
Mar 6, 2009
HARBIN, China, March 6 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc., ("Harbin Electric" or the "Company") , a leading Chinese developer and manufacturer of a wide array of electric motors, today announced that it will host a conference call to discuss the fourth quarter and fiscal year 2008 financial results at ... Continue reading
Ford Drives Global Fiesta Rollout With China Launch as Sales Continue Rising in Other Markets
Mar 5, 2009
-- China is the world's first market to launch the four-door Fiesta sedan, in addition to the five-door hatchback -- Ford Fiesta is built at Changan Ford Mazda Automobile Company's state-of-the-art Nanjing manufacturing facility -- Customers have purchased more than 110,000 new Ford Fiestas since the global debut last ... Continue reading
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