Shanghai Automobile Industry Corporation, or SAIC, still holds No.1 position in China automobile industry by selling 1.69 million vehicles in 2007, up 25.8 percent from one year earlier, the company announced yesterday.
In passenger vehicle sales, SAIC sold 1.13 million units, up 24.3 percent year-on-year. Shanghai General Motors has consolidated its leading position in China’s passenger [...]
Chinese buses maker, Anhui Ankai Automobile Co. has signed a bus export contract with an Iranian company, the Shenzhen-listed company announced today.
Under the export contract with ARG DIESEL, Anhui Ankai Automobile will export 600 buses, with a total value of 51.35 million Euros, to Iran. The buses shall be delivered to Iran no later than [...]
China’s Shanghai Automobile Industry Corporation (SAIC) sold more than 1.69 million motor vehicles in 2007, a growth of 25.8 percent over the previous year, company sources said on Wednesday.
The figure placed the Shanghai-based company, which has a joint venture with Volkswagen of Germany and another with General Motors of the United States, first among auto [...]
Ford Motor Company, struggling to win back its ranking as the world’s second-largest auto maker from Toyota Motor Corp, posted a 30 percent year-on-year increase in sales for China in 2007.
The US car maker delivered a combined 216,324 units, both domestically made and imports, under the Ford, Lincoln, Volvo, Jaguar and Land Rover brands in [...]
Geely Holding Group<175>, a leading Chinese auto maker, will be unveiling a new safety technology at the North American International Auto Show in Detroit later this month, as announced yesterday.
According to the company, the new safety technology will effectively reduce possibilities of unexpected accidents during high-speed driving.
Tags: Auto, Automobile, Geely
SAIC Motor Co Ltd has started offering car loans on its self-owned Roewe sedans as the Chinese badge slowed in sales with intensified competition.
GMAC-SAIC, jointly formed by GMAC, the car loan unit of General Motors Corp, and SAIC Finance Corp, will provide the auto finance, SAIC Motor said in a statement yesterday.
Consumers buying a 2.5-liter [...]
