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Latest China Automotive News

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  • 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 ...

  • UPDATE 1-'Mr.China' Perkowski's auto components firm up for sale 24 Nov 2009 08:24 GMT
    ... by Wall Street veteran Jack Perkowski in Beijing 15 years ago, is up for sale ... of automotive and heavy-duty truck components in China. It became famous following the publication of ... United States, Europe and Japan for its non-Chinese corporate clients. Perkowski, who ran Paine Webber's ...

  • 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 ... A third of the funding for the Chinese hybrid-car venture may come from private-equity investors, said ... Yang, the former chairman of Brilliance China Automotive Holdings Ltd, said he might return to ...

  • UPDATE 1-"Mr.China" Perkowski's auto components firm up for sale 24 Nov 2009 08:00 GMT
    ... * Asimco founded by Perkowski in Beijing 15 years ago * Now No.1 independent ... Now No.1 independent automotive components maker in China * Deal expected to fetch more than ... United States, Europe and Japan for its non-Chinese corporate clients. Perkowski, who ran Paine Webber's ...

  • Nissan aims for 20% growth in 2010 China sales 24 Nov 2009 07:52 GMT
    ... Shanghai, November 24 (Gasgoo.com) Japanese carmaker Nissan Motor ... carmaker Nissan Motor aims to boost its China sales by 20% next year as it ... sell more than 500,000 vehicles in the Chinese market this year, well above its previous ...

  • China set to overtake US as world's top car market 24 Nov 2009 17:12 GMT
    ... China set to overtake US as world’s top car market Car sales in China are expected ... small car. Indeed, industry players are lobbying Beijing to keep those measures in place over the ...

  • SAIC Group expects 30% surge in sales 24 Nov 2009 01:51 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 ...

  • SAIC expects 30% surge in sales 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 ...

  • 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 ... incentives, including reduced sales taxes on small cars and subsidies for buyers in rural areas, ... a 42 percent growth of the overall car market. Its mid-sized Camry sedan ranked No. ...

  • 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 ... incentives, including reduced sales taxes on small cars and subsidies for buyers in rural areas, ... a 42 percent growth of the overall car market. Its mid-sized Camry sedan ranked No. ...

  • Photo Release -- Ingen at Home Plate Ready to Catch Sales of $10M in 2010 and $50M in 2012 24 Nov 2009 00:13 GMT
    ... and Aviation industries announced today that expected sales projections for 2010 and 2012 are on ... new Oxyview Nasal Cannula and Oxyview to China, Europe, Australia, Japan and Canada. Export sales will ... products within other industries that include aviation, automotive, emergency response, military and government transportation. The ...

  • 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. ...

  • Small-displacement cars lead auto market 24 Nov 2009 06:46 GMT
    ... small-displacement car market became flourishing. Statistics from China Association of Automobile Manufactures(CAAM) shows that from ... launch the auto type with 1.4L displacement. Shanghai Volkswagen's Sagitar 1.4T-typed autos have come into ... percent. However, in the notion of some Chinese consumers, although the autos with small displacement ...

  • WABCO Announces Multi-Year Development and Supply Agreement With Chery, One of China's Leading Manufacturers of Passenge 24 Nov 2009 12:34 GMT
    ... and Supply Agreement With Chery, One of China's Leading Manufacturers of Passenger Cars ], a ... the long-term supply of vacuum pumps for automotive braking applications for diesel and gasoline direct ... recognized as one of the most valuable Chinese brands in domestic and overseas car markets alike, ...

  • WABCO Announces Multi-Year Development and Supply Agreement With Chery, One of China's Leading Manufacturers of Passenger Cars 24 Nov 2009 12:38 GMT
    ... and Supply Agreement With Chery, One of China's Leading Manufacturers of Passenger Cars BRUSSELS, BELGIUM--(Marketwire ... the long-term supply of vacuum pumps for automotive braking applications for diesel and gasoline direct ... recognized as one of the most valuable Chinese brands in domestic and overseas car markets alike, ...

  • WABCO Announces Multi-Year Development and Supply Agreement With Chery, One of China's Leading Manuf 24 Nov 2009 13:16 GMT
    ... and Supply Agreement With Chery, One of China's Leading Manufacturers of Passenger Cars WABCO Announces ... the long-term supply of vacuum pumps for automotive braking applications for diesel and gasoline direct ... recognized as one of the most valuable Chinese brands in domestic and overseas car markets alike, ...

  • Ford expects sales by China JV to grow 50% this year 24 Nov 2009 10:34 GMT
    ... Shanghai, November 24 (Gasgoo.com) Ford Motor expects sales ... at its passenger car joint venture in China to rise by nearly 50% this year, ... automotive sector is very important to the Chinese economy," he added. In late September, Changan ...

  • CNN - A Chinese-Owned GM, It Could Happen 24 Nov 2009 06:10 GMT
    ... Such purchases would give the Chinese access to needed technology, as well as auto ... distribution networks are also very important for China's hopes to eventually become a global player. ... sales in coming years that puts American car buyers back in the lead, no expert ...

  • GM owned by the Chinese? It could happen 24 Nov 2009 13:20 GMT
    ... Such purchases would give the Chinese access to needed technology, as well as auto ... distribution networks are also very important for China's hopes to eventually become a global player. ... sales in coming years that puts American car buyers back in the lead, no expert ...

  • A Chinese-owned GM? It could happen 24 Nov 2009 17:32 GMT
    ... Such purchases would give the Chinese access to needed technology, as well as auto ... distribution networks are also very important for China's hopes to eventually become a global player. ... sales in coming years that puts American car buyers back in the lead, no expert ...

  • TPG, Carlyle consider China auto parts company purchase 24 Nov 2009 11:52 GMT
    ... > > > Deals TPG, Carlyle consider China auto parts company purchase TPG Capital and ... firms considering a bid for Asimco, the Chinese automotive components manufacturer set up by Wall ... investments in the country, with headquarters in Beijing. Perkowski ran US asset manager Paine Webber's ...

  • Pihsiang, Chinese to partner on EV project 24 Nov 2009 06:04 GMT
    ... November 24, 2009 12:27 am TWN, The China Post news staff Pihsiang, Chinese to partner on EV project TAIPEI, Taiwan ... auto parts participating. Pihsiang's Chiang said that Beijing authorities are promoting energy-saving electric vehicles in ...

  • 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 ...

  • Jianghuai Auto eyes 150% growth in sales this year 24 Nov 2009 03:04 GMT
    ... the second-largest manufacturer of light trucks in China, expects to sell 300,000 units of passenger ... year ago. An Jin, general manager of Chinese auto maker, said at the ongoing Guangzhou Auto ... year ago. JAC is showcasing five passenger car models at the auto show this year. ...

  • 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) ...


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