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News By Topic: China Auto News

Geely Gets 1 Bln Yuan Credit Line From CEB

Geely Gets 1 Bln Yuan Credit Line From CEB

Geely gets 1 bln yuan credit line from CEB http://www.gasgoo.com/auto-news/1008937/Geely-gets-1-bln-yuan-credit-li ne-fr om-CEB.html Shanghai, January 4 (Gasgoo.com) China Everbright Bank signed a deal on December 31 with Geely Automobile Holdings Group to provide the automaker a credit line of 1 billion yuan ($147 mil ... Continue reading

Dongfeng Nissan Manager tt Head PSA China JV

Dongfeng Nissan Manager tt Head PSA China JV

Dongfeng Nissan manager to head PSA China JV http://www.gasgoo.com/auto-news/1008941/Dongfeng-Nissan-manager-to-head -PSA- China-JV.html Shanghai, January 4 (Gasgoo.com) Ren Yong, vice general manager with Dongfeng Nissan, a joint venture between Dongfeng Motor Corp and Japan-based Nissan Motor Co., may go to head PSA' ... Continue reading

SORL Auto Parts Granted Preferential Income Tax Treatment Through 2011

SORL Auto Parts Granted Preferential Income Tax Treatment Through 2011

ZHEJIANG, China, Dec. 31 /PRNewswire-Asia-FirstCall/ -- SORL Auto Parts, Inc. , a leading manufacturer and distributor of commercial vehicle air brake valves and other auto parts in China, today announced that China's State Administration of Taxation has officially confirmed that the Company's subsidiary, Ruili Group R ... Continue reading

ChinaTo Launch Auto Industry Rescue Package Soon

ChinaTo Launch Auto Industry Rescue Package Soon

China to launch auto industry rescue package soon http://www.gasgoo.com/auto-news/1008910/China-to-launch-auto-industry-r escue -package-soon.html Shanghai, December 31 (Gasgoo.com) China's top economic planning agency has completed the layout of a stimulus package to save the automotive industry and will implement the ... Continue reading

Beijing Set To Phase Out Polluting Vehicles In '09

Beijing Set To Phase Out Polluting Vehicles In '09

Beijing set to phase out polluting vehicles in '09 http://www.gasgoo.com/auto-news/1008915/Beijing-set-to-phase-out-pollut ing-v ehicles-in-09.html Shanghai, December 31 (Gasgoo.com) Beijing will ban heavy-polluting vehicles from running on its inner-city roads starting Jan. 1, 2009 and phase them out by the second hal ... Continue reading

Brilliance Auto Aims To Sell 300,000 Vehicles In '09

Brilliance Auto Aims To Sell 300,000 Vehicles In '09

Brilliance Auto aims to sell 300,000 vehicles in '09 http://www.gasgoo.com/auto-news/1008911/Brilliance-Auto-aims-to-sell-30 0-000 -vehicles-in-09.html Shanghai, December 31 (Gasgoo.com) Chinese automaker Brilliance Auto, a partner of BMW, said it would boost sales to 300,000 units in 2009 through expanding production ... Continue reading

GM Quits Taiwan Yulon GM On Cash Crunch

GM Quits Taiwan Yulon GM On Cash Crunch

GM quits Taiwan Yulon GM on cash crunch http://www.gasgoo.com/auto-news/1008896/GM-quits-Taiwan-Yulon-GM-on-cas h-cru nch.html Shanghai, December 30 (Gasgoo.com) General Motors Corp has sold 49% stake in Yulon General Motors, its joint venture in Taiwan, to Yulon Motor Co at the cost of a symbolic NT$1, GM China Group ... Continue reading

Chery's Syria Partner To Assemble Vehicles In '09

Chery's Syria Partner To Assemble Vehicles In '09

Chery's Syria partner to assemble vehicles in '09 http://www.gasgoo.com/auto-news/1008900/Chery-s-Syria-partner-to-assemb le-ve hicles-in-09.html Shanghai, December 30 (Gasgoo.com) Hmisho Economic Group (HEG), Chery's partner in Sybria, will begin production in its new car assembly plant in the last quarter of 2009, ac ... Continue reading

Experts Propose Tax Refund To Boost Auto Sales

Experts Propose Tax Refund To Boost Auto Sales

Experts propose tax refund to boost auto sales http://www.gasgoo.com/auto-news/1008897/Experts-propose-tax-refund-to-b oost- auto-sales.html Shanghai, December 30 (Gasgoo.com) To reverse the auto market downturn, an auto industry in China on Dec. 25 suggested an auto credit policy of converting part of the country's id ... Continue reading

China BAK Funded by National 863 Program for its Electric Vehicles Battery Project

China BAK Funded by National 863 Program for its Electric Vehicles Battery Project

SHENZHEN, China, Dec 29 /PRNewswire-Asia-FirstCall/ -- China BAK Battery, Inc. ("China BAK", or "BAK") , one of the largest lithium-ion battery cell manufacturers in the world, as measured by production output, today announced its Electric Vehicles Lithium-phosphate Power Battery Industrialization Project (the "Project ... Continue reading

Wonder Auto Technology Announces Development Agreements With Shenzhen BYD

Wonder Auto Technology Announces Development Agreements With Shenzhen BYD

JINZHOU CITY, China, Dec. 29 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical parts, suspension products and engine accessories in China, today announced that one of its subsidiaries, Jinzhou Halla Electrical Equipment Co., Ltd ... Continue reading

China Auto Export To See Negative Growth In 2009

China Auto Export To See Negative Growth In 2009

China auto export to see negative growth in 2009 http://www.gasgoo.com/auto-news/1008891/China-auto-export-to-see-negati ve-gr owth-in-2009.html Shanghai, December 29 (Gasgoo.com) Industry analyst predicts that China's vehicle export will head toward a negative growth in 2009 as industry figure already shows a sheer de ... Continue reading

Chery Auto To Launch S16 Mini Sedan By May

Chery Auto To Launch S16 Mini Sedan By May

Chery Auto to launch S16 mini sedan by May http://www.gasgoo.com/auto-news/1008883/Chery-Auto-to-launch-S16-mini-s edan- by-May.html Shanghai, December 29 (Gasgoo.com) Chery Auto is seeking a formal name from the public for its Chery S16 sedan model, a new member of the Chinese automaker's well-known QQ mini-car series ... Continue reading

Dongfeng Motor Sets Up Wuhan PV Plant

Dongfeng Motor Sets Up Wuhan PV Plant

Dongfeng Motor sets up Wuhan PV plant http://www.gasgoo.com/auto-news/1008885/Dongfeng-Motor-sets-up-Wuhan-PV -plan t.html Shanghai, December 29 (Gasgoo.com) Dongfeng Passenger Vehicle Company, a subsidiary of China's third largest automaker Dongfeng Motor Company, has finished construction of its Wuhan plant as planne ... Continue reading

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