A.T. Kearney, a global management consulting firm, yesterday released its report on the prospect of alternative-energy vehicles in China, a market which will see a bright future for hybrid cars, said Shanghai Securities News today.
According to the A.T. Kearney research, sedans driven by alternative energies (including all non-pure-gasoline fuel and hybrid power, electric and fuel-cell [...]
Global automakers may be hurting from a worldwide slump in sales but in China, they see a bright beacon of hope.
Tags: AUDI, Auto, Buick, car, car-maker, Chrysler, Ford, GM, Volkswagen, Volvo
Chinese car maker Geely Automobile Holdings Ltd officially launched its Panda sedan at the ongoing 6th China (Guangzhou) International Automobile Exhibition.
The mini car, with its front part resembling a giant panda, will go on sale at 41,800 yuan ($6,126) to 51,800 yuan depending on different specifications.
Tags: Auto, car-maker, engine, Geely
Automakers in China are seeking government aid and lower sales taxes to help revive waning demand in the world’s second-largest vehicle market.
“The situation is really severe,” said Zeng Qinghong, general manager of Guangzhou Automobile Group Co., a partner of Toyota Motor Corp. and Honda Motor Co., in an interview at the Guangzhou auto show yesterday. [...]
The Chinese government is considering launching favorable policies, in an effort to tackle problems in the auto industry, a Chinese official said last week.
Speaking at the 2008 International Forum on Chinese Automotive Industry Development held in Tianjin between November 7 and 9, Chen Jianguo, an official from the National Development and Reform Commission (NDRC), China’s [...]
Shanghai Automobile Industry Hudong Sales Co, a dealer of cars made by Shanghai Volkswagen Co Ltd, is selling a 50-percent stake due to its inability to pay a debt.
Five potential buyers, including a car maker, have applied to buy Hudong’s stake after a one-month bidding period ended on Tuesday, according to an official from Shanghai [...]
