News By Topic: China Auto News

BAIC To Acquire Fujian Motor, Changfeng Motor

Feb 18, 2009

BAIC to acquire Fujian Motor, Changfeng Motor http://www.gasgoo.com/auto-news/1009389/BAIC-to-acquire-Fujian-Motor-Ch angfe ng-Motor.html Shanghai, February 18 (Gasgoo.com) To make itself one of China's auto giants, Beijing Automotive Industry Holding Corp (BAIC, or Beijing Auto) is set to expand by acquiring and restr ... Continue reading

Sichuan Auto Denies Plan To Buy GM's Hummer

Feb 17, 2009

Sichuan Auto denies plan to buy GM's Hummer http://www.gasgoo.com/auto-news/1009381/Sichuan-Auto-denies-plan-to-buy -GM-s -Hummer.html Shanghai, February 17 (Gasgoo.com) Sichuan Auto Industry Group Co, a small automaker in southwestern China, has denied a media report that it is in talks to buy General Motors' Hummer b ... Continue reading

Changan Auto To Build Car In Mexico Venture

Feb 17, 2009

Changan Auto to build car in Mexico venture http://www.gasgoo.com/auto-news/1009377/Changan-Auto-to-build-car-in-Me xico- venture.html Shanghai, February 17 (Gasgoo.com) Chang'an Automobile, the Chongqing-based carmaker that has joint ventures in China with Ford, Mazda and Suzuki, has signed an agreement in Mexico with ... Continue reading

Nissan Motor's China Venture Says Not To Cut Jobs

Feb 16, 2009

Nissan Motor's China venture says not to cut jobs http://www.gasgoo.com/auto-news/1009369/Nissan-Motor-s-China-venture-sa ys-no t-to-cut-jobs.html Shanghai, February 16 (Gasgoo.com) Nissan Motor's Chinese venture Dongfeng Nissan will not cut jobs and will continue expanding its plant, Ren Yong, Dongfeng Nissan vice gen ... Continue reading

Foton Motor Secures Big Buyers Sinopec, CRCC

Feb 16, 2009

Foton Motor secures big buyers Sinopec, CRCC http://www.gasgoo.com/auto-news/1009367/Foton-Motor-secures-big-buyers- Sinop ec-CRCC.html Shanghai, February 16 (Gasgoo.com) Beiqi Foton Motor Co., Ltd has recently signed framework deals separately with China Petroleum & Chemical Corp (Sinopec) and China Railway Constructi ... Continue reading

China's SUV, MPV Sales Continue To Drop In Jan

Feb 16, 2009

China's SUV, MPV sales continue to drop in Jan http://www.gasgoo.com/auto-news/1009371/China-s-SUV-MPV-sales-continue- to-dr op-in-Jan.html Shanghai, February 16 (Gasgoo.com) China sold 610,600 passenger vehicles in January 2009, up 44.4% month on month (m/m), but down 7.76% year on year (y/y), China Association of Aut ... Continue reading

Chery Said Possible To Buy Europe Car Brand

Feb 13, 2009

Chery said possible to buy Europe car brand http://www.gasgoo.com/auto-news/1009343/Chery-said-possible-to-buy-Euro pe-ca r-brand.html Shanghai, February 13 (Gasgoo.com) President and CEO of Chery Automobile Co., Ltd. said yesterday that his company would not rule out the possibility of buying a troubled European auto ... Continue reading

GM Denies Plan To Sell Stakes In China Venture

Feb 13, 2009

GM denies plan to sell stakes in China venture http://www.gasgoo.com/auto-news/1009346/GM-denies-plan-to-sell-stakes-i n-Chi na-venture.html Shanghai, February 13 (Gasgoo.com) General Motors Corp has no plan to sell stakes in its China joint venture with SAIC Motor Corp to SAIC, GM China spokesman Henry Wong told the m ... Continue reading

GM In Talks With SAIC To Sell JV Stake For Cash

Feb 12, 2009

GM in talks with SAIC to sell JV stake for cash http://www.gasgoo.com/auto-news/1009334/GM-in-talks-with-SAIC-to-sell-J V-sta ke-for-cash.html Shanghai, February 12 (Gasgoo.com) General Motors Corp has been in talks with its Chinese partner SAIC Motor Corp about the possible sale of a share of GM's stake in their joint ... Continue reading

Great Wall To Lift Sedan Sales 800% In '09

Feb 12, 2009

Great Wall to lift sedan sales 800% in '09 http://www.gasgoo.com/auto-news/1009329/Great-Wall-to-lift-sedan-sales- 800-i n-09.html Shanghai, February 12 (Gasgoo.com) Chinese automaker Great Wall Motor Co., Ltd. sold 15,000 vehicles in January 2009, hitting a record high in its monthly sales. Building on this beginning ... Continue reading

China To Unveil Auto Sector Stimulus Plan Details

Feb 12, 2009

China to unveil auto sector stimulus plan details http://www.gasgoo.com/auto-news/1009332/China-to-unveil-auto-sector-sti mulus -plan-details.html Shanghai, February 12 (Gasgoo.com) Following last month's release of its auto sector support package, the Chinese government is set to unveil related details of the auto ind ... Continue reading

Toyota Aims To Boost China Sales By 20% In '09

Feb 11, 2009

Toyota aims to boost China sales by 20% in '09 http://www.gasgoo.com/auto-news/1009312/Toyota-aims-to-boost-China-sale s-by- 20-in-09.html Shanghai, February 11 (Gasgoo.com) Japanese carmaker Toyota Motor Corp. expects to raise its auto sales in China by 20% to more than 700,000 units this year, said sina.com today. As ... Continue reading

Fujian '08 Auto-parts Export-import Slows Down

Feb 11, 2009

Fujian '08 auto-parts export-import slows down http://www.gasgoo.com/auto-news/1009316/Fujian-08-auto-parts-export-imp ort-s lows-down.html Shanghai, February 11 (Gasgoo.com) Data from local customs authorities show that Fujian province of southeast China exported and imported $840 million worth of auto parts in 2008, ... Continue reading

Dongfeng Peugeot Citroen Sales Rally In Jan

Feb 10, 2009

Dongfeng Peugeot Citroen sales rally in Jan http://www.gasgoo.com/auto-news/1009298/Dongfeng-Peugeot-Citroen-sales- rally -in-Jan.html Shanghai, February 10 (Gasgoo.com) Dongfeng Peugeot Citroen Automobile Company (DPCA), a 50-50 joint venture between Chinese carmaker Dongfeng Motor and French auto giant Peugeot Citroe ... Continue reading

China Automotive Systems Sold 1.3 Million Power Steering Units in 2008

Feb 9, 2009

WUHAN, China, Feb. 9 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. , a leading power steering components and systems supplier in China, today announced that for the year 2008, the Company sold approximately 1.3 million systems and components compared with 1.1 million in 2007. This increase in units sold ... Continue reading