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News By Topic: China Auto News

Chinese Express Interest in Developing Turbine Truck Technology

Chinese Express Interest in Developing Turbine Truck Technology

DELAND, Fla.--Turbine Truck Engines, Inc. (“TTE”) (OTCBB:TTEG) is pleased to announce that the company has received a Memorandum of Understanding from Aerospace Machinery and Electric Equipment Co., Ltd. (“AMEC”). The MOU, received on October 10th, followed talks that were held in Beijing last month ... Continue reading

Exousia Begins Shipping PowerShield Coatings From Tianjin Facility

Exousia Begins Shipping PowerShield Coatings From Tianjin Facility

SUGAR LAND, Texas, Oct. 14 -- Exousia Advanced Materials, Inc. (OTC:EXOU) (BULLETIN BOARD: EXOU) announces that they are shipping industrial coatings orders produced at the company's PowerShield Industrial Coatings Blending Facility in Tianjin, China. Exousia produced a VISTAMER(R) based under-carriage coating for Huna ... Continue reading

Hyundai-Kia China has import permit revoked

Hyundai-Kia China has import permit revoked

Hyundai-Kia China has import permit revoked http://www.gasgoo.com/auto-news/1008023/Hyundai-Kia-China-has-import-pe rmit- revoked.html Shanghai, October 14 (Gasgoo.com) Industry sources said that the import permit of Hyundai-Kia Auto (China) has been suspended because of complaints from dealers, said Beijing Morning Po ... Continue reading

Bosch to see '08 China sales revenue up 30%

Bosch to see '08 China sales revenue up 30%

Bosch to see '08 China sales revenue up 30% http://www.gasgoo.com/auto-news/1008028/Bosch-to-see-08-China-sales-rev enue- up-30.html Shanghai, October 14 (Gasgoo.com) Bosch Chairman Franz Fehrenbach announced in Beijing on October 13 that Bosch' sales revenue in China is expected to reach 2.3 billion euros, a 30% incre ... Continue reading

BYD to launch all-electric car in H2, 2009

BYD to launch all-electric car in H2, 2009

BYD to launch all-electric car in H2, 2009 http://www.gasgoo.com/auto-news/1008022/BYD-to-launch-all-electric-car- in-H2 -2009.html Shanghai, October 14 (Gasgoo.com) Chairman of BYD Auto Co said at the China Hi-Tech Fair yesterday that the company plans to launch its pure electric car by the second half of 2009, report ... Continue reading

Wonder Auto Technology Announces Preliminary Financial Results for the Third Quarter

Wonder Auto Technology Announces Preliminary Financial Results for the Third Quarter

JINZHOU CITY, Liaoning, China, Oct. 13 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced its selected preliminary financial results for the third quarter ended September 30, 2008. ... Continue reading

Hyundai Launches Newest Halo Vehicle: Genesis Coupe - VIDEO ENHANCED

Hyundai Launches Newest Halo Vehicle: Genesis Coupe - VIDEO ENHANCED

A new benchmark for affordable 300-Horsepower Sport Coupes Benchmarked to Infiniti G37 levels 0-60 in under 6.5 sec Genesis Coupe is the most thrilling performance coupe yet from Hyundai JEJU ISLAND, Korea October 13, 2008: Hyundai Motor Co. today launched its Genesis Coupe in the Korean market at an event on Jeju Isla ... Continue reading

Beijing Benz-DaimlerChrysler Delays Board Vote on Chrysler Departure

Beijing Benz-DaimlerChrysler Delays Board Vote on Chrysler Departure

Shanghai, October 13 (Gasgoo.com) Beijing Benz-DaimlerChrysler Automotive Co., Ltd. (BBDC) has postponed its first board meeting with new members to the end of this year to allow more time for distribution of assets, Chinese media the Economic Observer reported today. Though detailed information is not available yet, a ... Continue reading

Warren Buffett looks to electric car in BYD stake

Warren Buffett looks to electric car in BYD stake

By Chris Oliver, MarketWatch HONG KONG Oct. 10, 2008 - Warren Buffett's recent purchase of a $232 million stake in China's BYD Co. represents an unusual move for the value investor who professes to favor companies with simple business models. Based in the southern Chinese city of Shenzhen, BYD Co. has risen from obscur ... Continue reading

China sees gasoline prices rise higher than U.S.

China sees gasoline prices rise higher than U.S.

China sees gasoline prices rise higher than U.S. http://www.gasgoo.com/auto-news/1007986/China-sees-gasoline-prices-rise -high er-than-U-S.html Shanghai, October 10 (Gasgoo.com) Following Beijing's recent rise in gasoline prices, China now claims a higher gasoline prices than the U.S., local Chinese media said today. C ... Continue reading

Dongfeng Yueda Kia miss sales target by Q3

Dongfeng Yueda Kia miss sales target by Q3

Dongfeng Yueda Kia miss sales target by Q3 http://www.gasgoo.com/auto-news/1007989/Dongfeng-Yueda-Kia-miss-sales-t arget -by-Q3.html Shanghai, October 10 (Gasgoo.com) To reverse the sales slide, South Korea's Hyundai Motor Group has decided to replace the general manager of its joint venture company Dongfeng Yueda Kia ... Continue reading

Dongfeng to mass produce hybrid cars in Wuhan

Dongfeng to mass produce hybrid cars in Wuhan

Dongfeng to mass produce hybrid cars in Wuhan http://www.gasgoo.com/auto-news/1007973/Dongfeng-to-mass-produce-hybrid -cars -in-Wuhan.html Shanghai, October 9 (Gasgoo.com) Dongfeng Electric Vehicle Co, a subsidiary of Dongfeng Motor Co, said it will roll out its own-brand hybrid car by the beginning of 2009 in Wuhan, t ... Continue reading

Zhengzhou Nissan cuts '08 sales goal to 50,000 units

Zhengzhou Nissan cuts '08 sales goal to 50,000 units

Zhengzhou Nissan cuts '08 sales goal to 50,000 units http://www.gasgoo.com/auto-news/1007972/Zhengzhou-Nissan-cuts-08-sales- goal- to-50-000-units.html Shanghai, October 9 (Gasgoo.com) Zhengzhou Nissan Co., Ltd. (ZNA) plans to trim its 2008 sales target to around 50,000 vehicles because of sales downturn in oversea mar ... Continue reading

Foton to build truck plant in Sichuan for bigger market

Foton to build truck plant in Sichuan for bigger market

Foton to build truck plant in Sichuan for bigger market http://www.gasgoo.com/auto-news/1007971/Foton-to-build-truck-plant-in-S ichua n-for-bigger-market.html Shanghai, October 9 (Gasgoo.com) Chinese truck maker Beiqi Foton Motor Co signed a strategic agreement on October 8 to build a new factory with the government of ... Continue reading

Changan Suzuki stops production of old Alto model

Changan Suzuki stops production of old Alto model

Changan Suzuki stops production of old Alto model http://www.gasgoo.com/auto-news/1007959/Changan-Suzuki-stops-production -of-o ld-Alto-model.html Shanghai, October 8 (Gasgoo.com) Changan Suzuki has confirmed that it stopped production of the existing Alto model in July to reverse the slide in its small car sales, said ... Continue reading

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