While the global auto market is sliding and many Chinese carmakers are mulling job cuts, Geely Auto bucks the trend by expansion. Its Hunan-based Xiangtan facility for producing the Geely Vision model was inaugurated last week, the Linhai base has been re-vamped and other plants are also being expanded, said xinhuanet.com today.
Meanwhile, Geely Auto has [...]
Volkswagen AG is seeking partners to cooperate on battery for auto power supply in China, Volkswagen China vice president Xu Jian said in an interview at the CEIBS 6th Annual China Automotive Industry Forum held in Shanghai on Nov. 6-7, National Business Daily reported.
The financial crisis hits the auto industry but also offers opportunity for [...]
Dongfeng Honda Automobile Co. Ltd, a 50:50 joint venture between China’s Dongfeng Motor Corp<489> and Japan’s Honda Motor Co, has no immediate plan to introduce hatchback Civic to China due to cost concerns, sources reported.
However, the automaker hammers out another option to develop a new hatchback model based on its current sedan platform.
Tags: Auto, Dongfeng, [...]
Fiat SpA is poised to join Shanghai’s greener city movement by supplying energy-efficient engines for the city’s buses, the Italian firm’s vice chairman said yesterday.
The Italian auto giant is interested to be actively involved in Shanghai’s road to a greener city by supplying energy-efficient diesel and natural gas engines and offering traffic management practices to [...]
Today China has the largest potential auto market in the world - with nearly all international brands setting up production and operations - but Volkswagen’s position is unique.
Tags: AUDI, Auto, auto-parts, automaker, BMW, car, car-maker, Volkswagen
Changan Automobile Group, one of the leading auto manufacturers in China, plans to set up a joint venture plant with a Mexican company to produce compact and mid-sized cars in the South American country, sources reported.
According to Luo Minggang, vice president of the group’s listed arm Changan Automobile Co Ltd<000625> <200625>, the company has signed [...]
