The growth of China’s automobile exports has experienced rapid growth with an average annual growth rate of 94% after China joined the WTO, stated Zhou Shijie, the deputy director general of the Department of Mechanic, Electronic and Hi-Tech Industry of the Ministry of Commerce (MOFCOM) on November 10.
However, China’s automobile export industry is still in [...]
The 2009 North American International Auto Show in Detroit will feature the first appearance and North American debut of Chinese automaker Brilliance Auto, and a repeat showing from BYD Automobile.
However, Changfeng Motor, the first Chinese company to show in North America with appearances at Detroit in 2007 and 2008, won’t be back. Nor will Geely, [...]
General Motors Corp is in talks to increase its stake in a Chinese joint venture that makes small, inexpensive vans and trucks, the Wall Street Journal reported, citing people familiar with the situation.
The U.S. car maker is in negotiations with the government of Guangxi province in southwestern China to expand its stake in SAIC-GM-Wuling Automobile [...]
Malaysian carmaker Proton has recently launched its another sedan model Persona, and its Chinese partner Youngman Lotus will expand its product lineup by building the Chinese version of the Proton Persona, which is to debut at the upcoming 2008 Guangzhou auto show next week.
Zhejiang Jinhua-based Youngman Lotus is a joint venture between Youngman Auto and [...]
General Motors (GM.N: Quote, Profile, Research, Stock Buzz) is seeking to raise its stake in its commercial vehicle venture with SAIC Motor (600104.SS: Quote, Profile, Research, Stock Buzz), China’s biggest automaker, China Business News said on Wednesday.
GM wants to increase its 34 percent stake in SAIC-GM-Wuling, a three way tie-up between the U.S. automaker, SAIC [...]
China’s government is discussing policies to help automakers boost sales and fend off the global financial crisis, according to the country’s top planning agency.
Tags: Auto, Automobile, car, car-maker, SAIC
