Chery Automobile Co, China’s top homegrown carmaker, aims at blistering growth in sales of 40 to 80 percent this year by providing a record number of new products.
The company based in the eastern city of Wuhu said in a statement to China Daily that it will “ensure sales of 700,000 vehicles and shoot for 900,000 [...]
China’s largest indigenous automaker Chery Auto plans to outsell its home-grown rival BYD Auto this year, the China Business News (CBN) reported today, citing an unnamed source.
Ma Deji, Chery’s deputy general manager, said its company has set the 2010 sales target at 700,000 units. But a company insider told the CBN that Chery will not [...]
Shen Lu just bought herself a red Mazda 3 as a new year present.
“It looks beautiful and has large space. I bought it to replace my old car, a small Chery QQ,” said the 27-year-old IT practitioner.
“Cars with displacement of 1.6 liters, like the Mazda 3, are cheaper with reduced purchase tax,” she added.
Shen’s Mazda [...]
The maker of Roewe and MG also nurturing range of new energy cars
SAIC Motor Co Ltd sold more than 82,000 cars of its Roewe and MG brands between January and November of 2009, up 160 percent over the same period of the previous year. Full-year sales are expected to hit 90,000 units, the company said.
The [...]
Beijing Automotive Industry Holding Co (BAIC) is building an electric car manufacture base in Beijing, in a bid for reinforcing its competitive edge in the promising green energy vehicle segment.
“We have just established a new company focusing on the new energy vehicles in suburb Beijing, including the whole industry chain, from research and development to [...]
Two major Chinese mainland carmakers are seeking to research and develop cars in Taiwan, driving economic ties cross Straits to a new level and boosting the island’s moribund sector, industry sources said on Wednesday.
Chinese mainland’s Geely Automotive Holdings would work with a company under Taiwan-based Yulon Motor Co Ltd to make a new economy-class car [...]
