DAIMLERCHRYSLER AG’s Chrysler announced yesterday it would introduce its Dodge brand in China, said Eric Ridenour, chief operating officer of the firm.
The US car maker is taking advantage of its third brand in China to further expand its product line-up to grab more market share and boost sales as it is a late comer to [...]
MERCEDES-BENZ Car Group, a unit of DaimlerChrysler AG, said it sold 42 percent more of its flagship S-Class vehicles on China’s mainland in the first quarter as it cashed in on the market’s growing number of affluent people.
The luxury car maker sold 2,800 S-Class cars in the first quarter on the mainland, an on-year jump [...]
GERMANY’S Volkswagen AG is counting on clean technology to help it expand in China, with more efficient engines to be locally made, company executives said yesterday at Auto Shanghai 2007.
“Unlike the previous Beijing auto show where we showed lots of new models, this time we pay more attention on our engine technology at the Shanghai [...]
CHINA Eastern Airlines has become the only one of the country’s Big Three airline companies to post a loss for 2006.
The result was mainly blamed on increasing competition and rising fuel costs.
The Shanghai-based carrier reported a loss of 2.78 billion yuan (US$356.4 million), or 0.57 yuan a share, under Chinese accounting standards in its annual [...]
OVERSEAS advertising agencies that want to win in the China market should focus on having and retaining top-quality talents which is a better approach in gaining domestic clients than by acquiring domestic rivals, John Dooner, chairman and chief executive officer of McCann Worldgroup.
“Some of our competitors are doing that (acquisition). But at this point of [...]
SHANGHAI’S economy grew more rapidly in the first quarter than previously reported as a result of strong expansion in the service sector, the city’s statistics bureau said yesterday.
Local gross domestic product jumped 12.6 percent from a year before to 263.05 billion yuan (US$34.08 billion), according to a statement issued by the Shanghai Municipal Statistics Bureau.The [...]
