Mid/High-end Sedan '08 Sales Growth Slows To 3%
Jan 12, 2009
Mid-, high-end sedan '08 sales growth slows to 3% http://www.gasgoo.com/auto-news/1009033/Mid-high-end-sedan-08-sales-gro wth-s lows-to-3.html Shanghai, January 12 (Gasgoo.com) China's sales growth of mid- and high-end sedans in 2008 saw a staggering slowdown to 3% from the glorious 32% growth rate of 2007, and as the ... Continue reading
Honda '08 China Sales Up 12% To 473,300 Units
Jan 12, 2009
Honda '08 China sales up 12% to 473,300 units http://www.gasgoo.com/auto-news/1009032/Honda-08-China-sales-up-12-to-4 73-30 0-units.html Shanghai, January 12 (Gasgoo.com) Honda Motor Co's vehicle sales growth in China increased by 11.7% year on year in 2008, a Reuters report said. Honda's vehicle sales in China reached ... Continue reading
China Car Sales Rose 8 Pct In Dec, 2008
Jan 9, 2009
China car sales rose 8 pct in Dec, 2008 http://www.gasgoo.com/auto-news/1009012/China-car-sales-rose-8-pct-in-D ec-20 08.html Shanghai, January 9 (Gasgoo.com) China's passenger car sales rose more than 8 percent in December after seeing a big fall in November, Reuters reported Friday, citing an announcement from the Ch ... Continue reading
FAW VW To Use China-made DSG On New Models
Jan 9, 2009
FAW VW to use China-made DSG on new models http://www.gasgoo.com/auto-news/1009007/FAW-VW-to-use-China-made-DSG-on -new- models.html Shanghai, January 9 (Gasgoo.com) Volkswagen has started to mass-produce its direct-shift gearboxes (DSG) in northeast China for new models of its Chinese ventures, said local media. FAW V ... Continue reading
SAIC To Launch First Own-brand Hybrid Car In 2010
Jan 9, 2009
SAIC to launch first own-brand hybrid car in 2010 http://www.gasgoo.com/auto-news/1009006/SAIC-to-launch-first-own-brand- hybri d-car-in-2010.html Shanghai, January 9 (Gasgoo.com) SAIC Motor Corporation will launch its first own-brand hybrid passenger car in 2010, xinhuanet.com said today. Yesterday, SAIC Motor Corpora ... Continue reading
Ssangyong Motor Seeks Bankruptcy Protection
Jan 9, 2009
SEOUL, Jan 9, 2009; Cheon Jong-woo writing for Reuters reported tht Ssangyong Motor Corp (003620.KS), hit by the global slump in car sales, filed for bankruptcy protection on Friday, but its Chinese parent said it had not given up hope of reviving the South Korean automaker. Global automakers are suffering the worst bu ... Continue reading
Taiwan Law-makers Pass Car Tax Cuts Motion
Jan 8, 2009
Taiwan law-makers pass car tax cuts motion http://www.gasgoo.com/auto-news/1008991/Taiwan-law-makers-pass-car-tax- cuts- motion.html Shanghai, January 8 (Gasgoo.com) Earlier this week, the Taiwan legislature's finance committee has approved the first reading of a motion proposed by the finance authorities to offer a co ... Continue reading
Changan Auto Has New President
Jan 8, 2009
Changan Auto has new president http://www.gasgoo.com/auto-news/1008995/Changan-Auto-has-new-president. html Shanghai, January 8 (Gasgoo.com) Yin Jiaxu, Changan Auto director and president, is leaving his post and will be succeed by Zhu Ronghua and Xu Liuping, China Business News reported, citing an announcement by Chin ... Continue reading
China's Auto Imports May Drop 10% In 2009
Jan 8, 2009
China's auto imports may drop 10% in 2009 http://www.gasgoo.com/auto-news/1008993/China-s-auto-imports-may-drop-1 0-in- 2009.html Shanghai, January 8 (Gasgoo.com) Amid the lingering global financial crisis, China's auto imports may drop 10% to 360,000 units in 2009, said China Business Times today, citing an industry r ... Continue reading
Jan 7, 2009
HONG KONG, Jan. 7 /PRNewswire-Asia-FirstCall/ -- BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 1114) UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENT This statement is made at the request of The Stock Exchange of Hong Kong Limited. The board of directors (the ... Continue reading
New Porsche Panamera Gran Turismo To Make World Debut in China
Jan 6, 2009
Porsche will be presenting the new Panamera to the public for the first time at Auto Shanghai 2009 in China from 20 - 28 April. The unique, four-door Gran Turismo will be making its world debut at a press conference on 19 April prior to entering the market in late summer. ... Continue reading
Shanghai GM Reports 8% Drop In 2008 sales
Jan 5, 2009
Shanghai GM reports 8% drop in 2008 sales http://www.gasgoo.com/auto-news/1008946/Shanghai-GM-reports-8-drop-in-2 008-s ales.html Shanghai, January 5 (Gasgoo.com) Shanghai General Motors Co Ltd, a 50:50 venture of General Motors and Shanghai Automotive Industrial Corp (SAIC), said its sales slid by more than 8 percent ... Continue reading
SAIC Offers Nearly $20 Mln To Ssangyong Motor
Jan 5, 2009
SAIC offers nearly $20 mln to Ssangyong Motor http://www.gasgoo.com/auto-news/1008952/SAIC-offers-nearly-20-mln-to-Ss angyo ng-Motor.html Shanghai, January 5 (Gasgoo.com) SAIC Motor Corp said on Monday it has provided 25.9 billion won ($19.89 million) to its struggling South Korean unit Ssangyong Motor, according to me ... Continue reading
Expert Proposes Filling Up Oil Reserves In China
Jan 5, 2009
Expert proposes filling up oil reserves in China http://www.gasgoo.com/auto-news/1008951/Expert-proposes-filling-up-oil- reser ves-in-China.html Shanghai, January 5 (Gasgoo.com) Because of the Middle East chaos and the OPEC's plan to cut production, international oil prices have been rising lately. On Jan. 2, oil close ... Continue reading
Premier: Plans Worked Out To Boost Auto Industry
Jan 4, 2009
Premier: plans worked out to boost auto industry http://www.gasgoo.com/auto-news/1008939/Premier-plans-worked-out-to-boo st-au to-industry.html Shanghai, January 4 (Gasgoo.com) The Chinese government has finished drawing up policies to stimulate the steel and automobile industries, Premier Wen Jiabao said on Friday. He ... Continue reading
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