Italian car maker Fiat SpA is spending 1.8 billion yuan (US$265 million) to build an engine plant in China’s Chongqing Municipality, hoping to rev up its slow development in the world’s second-largest auto market.
A statement from the Chongqing Development and Reform Commission on its Website said the engine plant will produce 100,000 units of light [...]
U.S.-based PPG Industrial Inc, one of the world’s leading manufacturers of transportation coatings, announced that its new automotive coatings plant in Wuhu city, Anhui Province of China has officially started production.
The Wuhu plant is in line with the company’s international business strategy which targets emerging regions, said PPG chairman and CEO Charles Bunch, adding that [...]
China’s Hebei Zhongxing Automobile Co is seeking to end its partnership with Chamco Auto after internal wranglings at the United States importer.
“Chamco has been involving in a series of legal battles and failed to provide us with detailed proposals,” said a Zhongxing official surnamed Chen yesterday. “This made us feel it would be hard to [...]
PPG Industries Inc on August 7 opened an auto coatings plant in Wuhu, Anhui province to supply local Chinese carmaker Chery Automobile and it plans further investments across the nation.
The plant, with an initial investment of US$10 million, underscores the world’s second-largest paint and coatings maker’s continuous confidence in China’s economic growth and its car [...]
PPG Industries Inc yesterday opened a coatings plant in Anhui Province to supply China’s Chery Automotive Co and it plans further investments across the nation.
The plant, with an initial investment of US$10 million, underscores the world’s second-largest paint and coatings maker’s continuous confidence in China’s economic growth and its car market, the world’s second largest, [...]
After parting company with its former assembly partner Avtotor, Chinese carmaker Chery Auto has found a new partner, TagAZ, in Russia to assemble Chery vehicles for the Russian market and expects to sell at least 37,000 units in Russia this year, reported China Business New today.
Chery production at Avtotor was closed earlier this year, which [...]
