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China, Taiwan & Hong Kong Automotive News is an EIN News Service for automotive industry professionals. Constantly updated news and information about China, Taiwan & Hong Kong Automotive.
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Latest China, Taiwan & Hong Kong Automotive News

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  • PRESS DIGEST - Hong Kong - Nov 24 24 Nov 2009 02:30 GMT
    ... HONG KONG, Nov 24 (Reuters) - These are some ... does not vouch for their accuracy. SOUTH CHINA MORNING POST ) retail flagship A.S. Watson ... to develop a low-density residential project. -- Chinese property developer China South City ( ) ...

  • Asian Markets Trading Mixed Amid Cautious Mood 24 Nov 2009 05:17 GMT
    ... Asian Markets Trading Mixed Amid Cautious Mood Mon. November ... other markets in the Asia-Pacific region, Shanghai, Taiwan and New Zealand are up with modest gains, while Hong Kong, Indonesia and Singapore are trading weak. Markets ...

  • Far East seeks 66b yuan for hybrid cars 24 Nov 2009 03:50 GMT
    ... Ltd, headed by Yang Rong, who fled China in 2002, is seeking 66 billion yuan ... known as Yeung Yung, told reporters in Hong Kong yesterday by videoconference from the US. The ... A third of the funding for the Chinese hybrid-car venture may come from private-equity investors, ...

  • Ken Heebner Top Holdings: Goldman Sachs Group, Ford Motor Company, FreeportMcMoRan Copper & Gold, Baidu.com Inc., FedEx Corp., Southern Copper Corp. 24 Nov 2009 00:16 GMT
    ... of 15.1% over the past 10 years. Baidu, Inc., formerly Baidu.com, Inc. is a Chinese-language Internet search provider and is based in Beijing, the People's Republic of China.The company offers a Chinese language search platform and conducts its operations principally through Baidu ...

  • A Chinese-owned GM, it could happen 24 Nov 2009 03:04 GMT
    ... As Chinese automakers eye bargains around the world, some think ... David Cole, chairman of the Center for Automotive Research, a Michigan think tank. Cole said ... Cole isn't saying that GM would be China's top purchase target in the near term. ...

  • Evonik Shanghai plant starts production 24 Nov 2009 03:50 GMT
    ... operating its 2.5-billion-yuan specialty chemicals facility in Shanghai in a bid to tap growing domestic ... executive board of Evonik Industries AG. The Chinese market accounts for around 7 percent of ... said Yu Dahai, president of Evonik Greater China. The company plans to increase medium-term sales ...

  • UPDATE 1-Bank of China studies capital-raising, but not now 24 Nov 2009 03:54 GMT
    ... BEIJING, Nov 24 (Reuters) - Bank of China is studying various ways to raise capital but ... of China were down 2 percent in Hong Kong at 0317 GMT compared with a fall ...

  • China's biggest carmaker expects 30% surge in sales this year 24 Nov 2009 05:32 GMT
    ... China's biggest carmaker expects 30% surge in sales ... surge in sales this year China's leading automotive corporation, the SAIC Group, expects to sell ... official said Monday. The SAIC Group, or Shanghai Automotive Industry Corporation, sold a total of ...

  • Renault-Nissan inks electric car deal for China city 24 Nov 2009 04:32 GMT
    ... Renault-Nissan inks electric car deal for China city -- The Renault-Nissan Alliance, the government ... and Dongfeng Motor Co., Nissan Motor Co.'s Chinese venture partner, have formed a partnership to promote ...

  • Cooperation with Great Wall good chance for Bulgarian automobile industry 24 Nov 2009 02:31 GMT
    ... Bulgaria's Litex Motors Company has recently signed a deal with China's Great Wall automobile company on building a car-making plant in Bulgaria in a move seen as a good opportunity for Bulgaria to ...

  • Toyota sees China 2010 sales growth slowing 24 Nov 2009 03:04 GMT
    ... Toyota Motor said it expects its China sales growth to slow next year, after strong ... a 42 percent growth of the overall car market. Its mid-sized Camry sedan ranked No. ... SUV, made at its tie-up with Guangzhou Automobile, the next month. The company, which has ...

  • Changan Auto slows N. American market entry 24 Nov 2009 03:04 GMT
    ... Changan Automobile Group, China's No. 3 automaker, said on Monday it ... Changan is among a growing group of Chinese automakers, including its top player SAIC Motor Corp, ...

  • Toyota sees China '10 sales growth slowing 24 Nov 2009 05:14 GMT
    ... Toyota Motor said it expects its China sales growth to slow next year, after strong ... a 42 percent growth of the overall car market. Its mid-sized Camry sedan ranked No. ... SUV, made at its tie-up with Guangzhou Automobile, the next month. The company, which has ...

  • China Shares May See Stronger Open 24 Nov 2009 01:52 GMT
    ... (RTTNews) - The China stock market turned right back to the upside ... to a fresh 14-week closing high. The Shanghai Composite Index finished just below the 3,340-point plateau, ... end at 1227.26. Among the gainers, Dongfeng Automobile jumped by the 10 percent daily limit, ...

  • Equities edge up led by consumer firms 24 Nov 2009 02:32 GMT
    ... Chinese stocks rose, driving the benchmark index to ... percent daily limit to 9.61 yuan and Shanghai Bailian Group Co, the listed unit of China's biggest retailer, added 5.5 percent to 17.91 ...

  • Shanghai Volkswagen hands Passat account to DDB China 24 Nov 2009 05:10 GMT
    ... > > Shanghai Volkswagen hands Passat account to DDB China Shanghai Volkswagen hands Passat account to DDB China ... latest appointment, DDB now oversees three of automobile firm's most important strategic brands, which includes ...

  • Special program opens to groom "2nd generation" in Shanghai 24 Nov 2009 04:10 GMT
    ... of their family's enterprises, according to Tuesday's China Daily. The program by the overseas education college of Shanghai Jiaotong University will include cooperation with the United ... headlines, associated with negative news such as car races on city streets and drunk driving. ...

  • Research and Markets: Malaysia Retail Report Q1 2010 Reveals Total Retail Sales to Grow From an Estimated US$33bn in 2009 to More than US$61bn by 2014 24 Nov 2009 02:30 GMT
    ... of the " Malaysia Retail Report provides industry professionals and strategists, corporate analysts, retail associations, ... positive effect on retail sales. BMI estimates automotive sales at US$5.51bn in 2009, and forecasts ... countries in 2009 were an estimated US$2.26trn. China and India alone in 2009 accounted for more ...

  • Research and Markets: Malaysia Retail Report Q1 2010 Reveals Total Retail Sales to Grow From 24 Nov 2009 03:13 GMT
    ... to their offering. Malaysia Retail Report provides industry professionals and strategists, corporate analysts, retail associations, ... positive effect on retail sales. BMI estimates automotive sales at US$5.51bn in 2009, and forecasts ... countries in 2009 were an estimated US$2.26trn. China and India alone in 2009 accounted for more ...

  • Chinese cities grappling with natural gas shortage 24 Nov 2009 00:41 GMT
    ... Chinese cities are grappling for a second week ... early winter weather. Transport authorities in southwest China's Chongqing Municipality said that 6,200 of the ... on Saturday also allowed natural gas-fueled taxi cars to levy a 2-yuan (30 US cents) ...

  • Mine disaster in China 24 Nov 2009 04:30 GMT
    ... province, November 23, 2009. REUTERS/Aly Song HEGANG, China ( ) - Relatives of victims of a gas blast at a northeast Chinese coal mine scuffled with police and demanded answers ... one woman was dragged screaming into a car and driven away. Some relatives complained that ...

  • Australian Market Report of November 24: Solid Gains in Overseas Markets 24 Nov 2009 05:30 GMT
    ... Bureau of Statistics data showed that the car industry is improving. Australian new motor vehicle ... chain of Thomas Bryson homeware stores in China. The first store will be 13,000sq m ... Zhejiang province. Stores are also planned for Shanghai, Suzhou, Kunshan and Changshu. Qantas (ASX:QAN) will spend ...

  • Manulife Asset buys out Fortis stake in China fund 24 Nov 2009 05:50 GMT
    ... climb to astronomical highs near $1,175 an... China’s sovereign-wealth fund and celebrated U.S. investor Wilbur ... among the high... A sharp rise in Chinese car sales hasn't been reflected in nationwide gasoline ...

  • Research and Markets: Malaysia Retail Report Q1 2010 Reveals Total Retail Sales to Grow From an Estimated US$33bn in 200 24 Nov 2009 02:34 GMT
    ... of the " Malaysia Retail Report provides industry professionals and strategists, corporate analysts, retail associations, ... positive effect on retail sales. BMI estimates automotive sales at US$5.51bn in 2009, and forecasts ... countries in 2009 were an estimated US$2.26trn. China and India alone in 2009 accounted for more ...

  • All-new 2010 Lexus GX 460 debuts in China; we have pictures and prices 24 Nov 2009 05:12 GMT
    ... Toyota--including Scion and Lexus divisions--is a full-line car company, with models from the Toyota Yaris ... its international debut at the Guangzhou International Automobile Exhibition in China today, will be on display for the first ...


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