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East Asia Automotive News is an EIN News Service for automotive industry professionals. Constantly updated news and information about East Asia Automotive.
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Latest East Asia Automotive News

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  • UPDATE 1-'Mr.China' Perkowski's auto components firm up for sale 24 Nov 2009 08:24 GMT
    ... Nov 24 (Reuters) - Asimco Technologies, an automotive components maker founded by Wall Street veteran ... Tuesday. Asimco is currently the largest independent manufacturer of automotive and heavy-duty truck components in ... the company, still headquartered in Beijing, has sales of more than $500 million, according to its ...

  • Asian Markets Trading Mixed Amid Cautious Mood 24 Nov 2009 05:17 GMT
    ... Asian Markets Trading Mixed Amid Cautious Mood Mon. ... outlay. Hitachi will supply all 1,400 rail cars, provide maintenance and develop operational systems. In ... weak with participants treading cautiously and pressing sales in technology, bank and shipping stocks. The ...

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

  • 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
    ... One of China's Leading Manufacturers of Passenger Cars BRUSSELS, BELGIUM--(Marketwire - November 24, 2009) - ... the long-term supply of vacuum pumps for automotive braking applications for diesel and gasoline direct ... valuable Chinese brands in domestic and overseas car markets alike, powered by their culture of ...

  • Asian Energy starts Solar Power Station 24 Nov 2009 11:34 GMT
    ... and Standard solar energy equipment will be manufactured to the highest possible quality standards by ... also held senior positions at IBM. The factory is big enough to allow expansion into ... He was Managing Director of Thaiyang Kijpaisan Automotive Parts Co., Samutprakarn, Thailand, V-Metal Thai Co., ...

  • 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
    ... Malaysia Retail Report predicts that total retail sales will grow from an estimated US$33bn in 2009 to ... positive effect on retail sales. BMI estimates automotive sales at US$5.51bn in 2009, and forecasts ... Retail sales for the BMI universe of Asian countries in 2009 were an estimated US$2.26trn. ...

  • Research and Markets: Malaysia Retail Report Q1 2010 Reveals Total Retail Sales to Grow From 24 Nov 2009 03:13 GMT
    ... Malaysia Retail Report predicts that total retail sales will grow from an estimated US$33bn in 2009 to ... positive effect on retail sales. BMI estimates automotive sales at US$5.51bn in 2009, and forecasts ... Retail sales for the BMI universe of Asian countries in 2009 were an estimated US$2.26trn. ...

  • 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
    ... Malaysia Retail Report predicts that total retail sales will grow from an estimated US$33bn in 2009 to ... positive effect on retail sales. BMI estimates automotive sales at US$5.51bn in 2009, and forecasts ... Retail sales for the BMI universe of Asian countries in 2009 were an estimated US$2.26trn. ...

  • It's A Mall World After All 24 Nov 2009 05:37 GMT
    ... 10 months of 2009, alone purchased more cars than their American counterparts. is also going ... American counterparts. is also going through an automotive revolution, with sales up 20% since April ... firms like , developer of the $2,500 minicar, Nano, gearing up for long-term growth. It's ...

  • Mi Media Holdings Limited Lists on the Frankfurt Stock Exchange 24 Nov 2009 08:45 GMT
    ... miRoamer media platform is becoming synonymous with manufacturers, vendors and consumers as the de-facto standard ... media." Already powering the world's first Internet car radio - giving drivers access to the world's ... of the world's biggest and most prestigious automotive and consumer electronics companies. For more information, ...

  • Mi Media Holdings Limited Lists on the Frankfurt Stock Exchange (BIZ) 24 Nov 2009 08:51 GMT
    ... miRoamer media platform is becoming synonymous with manufacturers, vendors and consumers as the de-facto standard ... media." Already powering the world's first Internet car radio - giving drivers access to the world's ... of the world's biggest and most prestigious automotive and consumer electronics companies. For more information, ...

  • Mi Media Holdings Limited Lists on the Frankfurt Stock Exchange Mi Media Holdings Lists on Frankfurt Open Market, Providing a New Digital Media Investment Opportunity 24 Nov 2009 09:40 GMT
    ... miRoamer media platform is becoming synonymous with manufacturers, vendors and consumers as the de-facto standard ... media." Already powering the world's first Internet car radio - giving drivers access to the world's ... of the world's biggest and most prestigious automotive and consumer electronics companies. For more information, ...

  • PRESS DIGEST - New York Times business news - Nov 24 24 Nov 2009 06:14 GMT
    ... Nov 24 (Reuters) - The following were the ... wallets. After a fairly robust October, retail sales slowed in November as the nation's stores ... than a dozen properties and 20 luxury cars, including a 2009 Bugatti Veyron that sells ...

  • A Chinese-owned GM, it could happen 24 Nov 2009 03:04 GMT
    ... David Cole, chairman of the Center for Automotive Research, a Michigan think tank. Cole said ... is in talks to sell its Swedish car unit Volvo to Chinese automaker Geely. The ... established distribution channel rather than introduce their cars into the U.S. or European market." China ...

  • Andor Technology plc announces Final Results 24 Nov 2009 07:31 GMT
    ... Continued growth in China and investment in sales channel - Delivering against USD2.1m design contract ... © 2009, NewsBlaze, Tags: ,Aerospace and Chemicals:SpecialtyChemicals, Automotive:Trucks, Automotive:Motorcycles, Automotive:Cars, ,,BELFAST, NORTHERN IRELAND '> ...

  • CipherLab Mobile Computers Achieve Star Micronics Certification With Point Of Service Printers 24 Nov 2009 11:31 GMT
    ... CipherLab Mobile Computers Achieve Star Micronics Certification With Point ... them a back-and-forth trip to their patrol car. And when the officer returns to their ... said Rob Dorsey, Vice President of U.S. sales at Blue Star. The CipherLab 9400 Series ...

  • All-New Sporty and Dynamic Kia Cadenza Makes its Debut - VIDEO ENHANCED 24 Nov 2009 10:33 GMT
    ... Under the direction of Kia's Chief Design Officer (CDO), Peter ... rivals. Last April, the team's KND-5 concept car at the Seoul Motor Show revealed just how ... As part of Kia's drive to increase sales in the large sedan segment, the new ...

  • CNN - A Chinese-Owned GM, It Could Happen 24 Nov 2009 06:10 GMT
    ... Such purchases would give the Chinese access to needed ... established distribution channel rather than introduce their cars into the U.S. or European market." China ... sales in coming years that puts American car buyers back in the lead, no expert ...

  • Samsung and MediaTek shine amid chip market decline in 2009, says iSuppli 24 Nov 2009 10:50 GMT
    ... the memory market as well as in sales of chips for consumer electronics and wireless products, according ... The hardest-hit area, by far, was the automotive electronics industry with a drop of 26.1%, ... negative 15.1% respectively, the firm observed. The Asia-Pacific region is set to post the strongest ...

  • Weak dollar helps Cat, McDonald's 24 Nov 2009 09:18 GMT
    ... For the first time since the equity rally began in ... are winning now because they get more sales abroad, where growth in nations from Brazil ... Seoul-based Hyundai Motor Co., South Korea's largest car manufacturer. Dearborn, Michigan-based Ford does 51 percent of ...

  • Qualcomm Expected to Gain Two Places in Top-10 Semiconductor Rankings 24 Nov 2009 09:47 GMT
    ... the first quarter of 2009. However, semiconductor sales rebounded smartly after that, with sequential increases of ... The hardest-hit area, by far, was the automotive electronics industry, with a drop of 26.1 ... negative 15.2 and 15.1 percent respectively. The Asia/Pacific region is set to post the strongest ...

  • Buffett Bought Retail -- Should You? 24 Nov 2009 07:34 GMT
    ... - November 24, 2009 - 0 comments U.S. consumers ... providing value to customers, and wealth of sales data leave it ideally positioned. And with ... are more likely to opt for used cars than new. I think the deleveraging of ...

  • Evonik Shanghai plant starts production 24 Nov 2009 03:50 GMT
    ... LCD screens, and in the construction and automotive industries. The facility, which is also the ... China. The company plans to increase medium-term sales in the country to around 2 billion euros, by ... growing by about 5 percent annually, with Asia driving this expansion, the company said. Evonik ...

  • US Dollar Likely to Extend Gains as Stocks Retreat Ahead of US GDP Revision 24 Nov 2009 07:30 GMT
    ... The US Dollar pushed higher as stocks sold off in ... sold off in Asia on Japanese share sales and news of the imminent collapse of ... same period, although a drop in new car registrations (a component of the UBS metric) may ...

  • Hong Kong warns of bubble, does nothing 23 Nov 2009 00:52 GMT
    ... HONG KONG (MarketWatch) -- It appears Hong Kong's new monetary ... Kong, is merely warn of the impending car crash ahead the best that officialdom can do? ... asset boom from stamp duties and apartment sales, which will cushion them in any downturn. ...


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