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 [...]
Chery Automobile Co. Ltd, one of the leading Chinese home-grown auto makers, announced that its Chery QQ3 is crowned the sales champion of Chinese compact cars in June, as per industry sources.
Newspaper reports say the Chinese company’s QQ3 model realized total sales volume of 8,122 units in the country for June alone, with its strong [...]
China’s State Council on Saturday issued a statement ordering local governments to cut consumption taxes on small cars and raise tax on luxury vehicles with high emissions, in an effort to encourage energy conservation and environmental protection.
Again no details on the tax revision was revealed, but according to an internal plan obtained by West China [...]
