Denying Big Three a Bailout Can Be a Historic Opportunity to Get America off Oil and Save Detroit
Nov 18, 2008
By Edwin Black The impulse to accede to political pressure and jobs blackmail from the Big Three for a $25 billion bailout offers America a historic turning-point opportunity. This is the countryâs chance to both reform the auto industry and ignite a massive shift off of oil in one master stroke. How? The $25 bill ... Continue reading
Wonder Auto Technology Announces Penetration into New Energy Auto Market
Nov 17, 2008
Development Agreement with Korean CT&T on Electrical Motors and Drivers JINZHOU CITY, China, Nov. 17 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrics, suspension products and engine accessories in China, announced that one of ... Continue reading
Bosch Willing To Transfer CVT Know-how To China
Nov 17, 2008
Bosch willing to transfer CVT know-how to China http://www.gasgoo.com/auto-news/1008404/Bosch-willing-to-transfer-CVT-k now-h ow-to-China.html Shanghai, November 17 (Gasgoo.com) CVT-equipped automobiles offer a 3-14% better fuel efficiency than comparable models with a manual transmission. Last week, Mr. Elias van Wijk ... Continue reading
VW may introduce clean-energy car to China soon
Nov 17, 2008
VW may introduce clean-energy car to China soon http://www.gasgoo.com/auto-news/1008403/VW-may-introduce-clean-energy-c ar-to -China-soon.html Shanghai, November 17 (Gasgoo.com) Volkswagen (VW) will introduce clean-energy car to China, said Klaus-Dieter Schadewald, COO of Volkswagen Import Co., to autosina.net on Novem ... Continue reading
Chery to assemble cars in Thailand
Nov 17, 2008
Chery to assemble cars in Thailand http://www.gasgoo.com/auto-news/1008401/Chery-to-assemble-cars-in-Thail and.h tml Shanghai, November 17 (Gasgoo.com) China's largest homegrown automobile manufacture, Chery Automobile Co., last Friday signed a cooperation agreement with Thai Chery Yarnyon to assemble Chinese cars in T ... Continue reading
2009 NAIAS - Detroit Auto Show Hosts Chinese Automakers Again in 2009
Nov 16, 2008
The North American International Auto Show (NAIAS) 2009 will host at least two Chinese automakers. One makes an encore appearance; a second is a newcomer to the NAIAS. Brilliance Auto, BMW's Chinese partner, will make its first appearance at the NAIAS - and its first appearance at any North American auto show. BYD, whi ... Continue reading
Honda China exports 100,000th Jazz car to Europe
Nov 14, 2008
Honda China exports 100,000th Jazz car to Europe http://www.gasgoo.com/auto-news/1008377/Honda-China-exports-100-000th-J azz-c ar-to-Europe.html Shanghai, November 14 (Gasgoo.com) Honda Motor Co has held a ceremony at its Chinese joint venture in Guangzhou to mark the shipping of the 100,000th Jazz car to Europe since ... Continue reading
Haima To Unveil First Hatchback At Guangzhou Show
Nov 13, 2008
Haima to unveil first hatchback at Guangzhou show http://www.gasgoo.com/auto-news/1008362/Haima-to-unveil-first-hatchback -at-G uangzhou-show.html Shanghai, November 13 (Gasgoo.com) Chinese automaker Haima Investment Group Co will unveil its first ever high-end hatchback at the upcoming Guangzhou International Motor Sh ... Continue reading
500 Suppliers Vying For BMW Sourcing On Day 1 CIAPE
Nov 13, 2008
500 suppliers vying for BMW sourcing on Day 1 CIAPE http://www.gasgoo.com/auto-news/1008364/500-suppliers-vying-for-BMW-sou rcing -on-Day-1-CIAPE.html Shanghai, November 13 (Gasgoo.com) On November 12, the opening day of the 2008 China International Auto Parts Expo (CIAPE), more than 500 suppliers were vying for the au ... Continue reading
SORL Auto Parts, Inc. Reports Fiscal Third Quarter 2008 Financial Results
Nov 12, 2008
Third Quarter Financial Highlights: -- Revenue increased 11.0% year-over-year to $33.0 million -- 9-Month revenue increased 27% year-over-year to $ 105.8 -- Gross profit margin of 25.5% as compared with 22.3% in the prior year ZHEJIANG, China, Nov. 12 /Xinhua-PRNewswire-FirstCall/ -- SORL Auto Parts, Inc. , a leading m ... Continue reading
China Automotive Systems Reports 2008 Third Quarter Results
Nov 12, 2008
Net Sales Reached US$36.9 Million; Representing 18.4% Year-Over-Year Growth WUHAN, Hubei, China, Nov. 12 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced financial results for the third quarter and nine mo ... Continue reading
Beijing Hyundai To Launch New Luxury Model Soon
Nov 12, 2008
Beijing Hyundai to launch new luxury model soon http://www.gasgoo.com/auto-news/1008344/Beijing-Hyundai-to-launch-new-l uxury -model-soon.html Shanghai, November 12 (Gasgoo.com) At the end of this year or early 2009, Beijing Hyundai will launch an all new medium- to high-end sedan model to the Chinese market. Like the ... Continue reading
GM In Talks To Boost Stake In SAIC-GM-Wuling JV
Nov 12, 2008
GM in talks to boost stake in SAIC-GM-Wuling JV http://www.gasgoo.com/auto-news/1008341/GM-in-talks-to-boost-stake-in-S AIC-G M-Wuling-JV.html Shanghai, November 12 (Gasgoo.com) General Motors Corp is in talks to increase its stake in a Chinese joint venture that makes small, inexpensive vans and trucks, the Wall Stree ... Continue reading
Audi China Business To Be Headquartered In Beijing
Nov 12, 2008
Audi China business to be headquartered in Beijing http://www.gasgoo.com/auto-news/1008343/Audi-China-business-to-be-headq uarte red-in-Beijing.html Shanghai, November 12 (Gasgoo.com) Audi AG announced Dietmar Voggenreiter, 39, responsible for Audi Chinese business, will move his office to Beijing from Germany on Jan 1 ... Continue reading
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