China’s imports of large, luxury SUV vehicles will continue to surge 45 percent this year, analysts said.
World premium SUV maker Land Rover sold 6,573 SUV vehicles in Chinese market last year, up 143 percent from one year earlier.
Tags: SUV
Dongfeng Nissan will not longer import VQ engines for Nissan TEANA vehicles from Japan, instead, these engines will be locally produce in China, Nissan vice president Yasuaki Hashimoto said.
Originally VQ engine was scheduled to be locally produced by July of 2008, however it has been postpone to 2009, according to company sources.
Tags: Dongfeng, engine, Nissan
China’s Soueast Motor Co will start to sell some new Mitsubishi Lancer, Galant vehicles using Soueast logo, not Mitsubishi logo this year, auto website Cheshi.com reported today.
The new Soueast Lancer, Ganlant vehicles will feature the same appearance and technical specifications as the original models. The automaker, however, did not say whether it will continue to [...]
Robert Wiseman Dairies Plc, Scotland’s largest fresh milk provider, said rising oil and plastic costs will probably force the company to raise prices.
Customers may be charged more, even as the price of milk declines around the world, the Scottish company said yesterday in a statement, Bloomberg News reported. Sales and revenue for the 10 months [...]
In 2007, alcohol consumption of Changzhou, Jiangsu was 1.2 billion yuan, accounting 2% of the total consumption. At present, Changzhou’s liquor market is rich in goods and the price is generally steady.
In recent years, top grade Baijiu developed fast while the sales of red wine kept on increasing. In addition, the sales of beer also [...]
The China Iron and Steel Association has denied market rumors that it has set a 30-percent ceiling price rise in talks with iron ore suppliers, according to a report in Thursday’s China Securities Journal.
Association vice chairman Luo Bingsheng said the rumors were not helping negotiations for 2008 iron ore imports, the paper reported.
Tags: Baoshan, Baosteel, [...]
