SAIC Feb auto sales up 45%

SAIC Motors, China’s largest carmaker, said its vehicle sales rose 45 percent in February as Beijing’s policy incentives continued to drive buyers into showrooms in the world’s largest auto market.
Chinese automakers’ vehicle sales in the first two months of the year are skewed by the timing of the Lunar New Year, which came in January [...]

Dongfeng offering own-brand sedans

Dongfeng Motor Corp, China’s third-largest automaker, almost doubled its profit last year as China became the largest vehicle market in the world and domestic sales boomed.

Tags: China Auto, Dongfeng, General-Motors

Honda to build $168m new plant in China

Dongfeng Honda Automobile Co will build a new plant in China to meet robust demand in the Chinese market, the company said in Wuhan Wednesday.
Dongfeng Honda, a joint venture between Japan’s Honda Motor Co and Dongfeng Motor Group Co of China, said the plant is scheduled to start production in the second half of 2012 [...]

Nissan mulls yet more expansion

After announcing a 5-billion-yuan expansion plan in July, Japanese carmaker Nissan Motor Co is mulling even further expansion in the southern city of Guangzhou to meet the blistering pace of demand for its cars, according to CEO Carlos Ghosn.

Tags: BYD, car-maker, cars, China Auto, Dongfeng, Nissan, vehicle

Chang’an is third largest automaker

China’s Chang’an Automobile Group has become the country’s third-largest vehicle manufacturer after taking over two automobile manufacturing arms of aircraft maker, Aviation Industry Corporation of China (AVIC) - the biggest acquisition in years in what is currently the world’s key automobile market.

Tags: automaker, Automobile, AVIC, China Auto, Dongfeng, SAIC

Nation’s automakers are seeing ‘green’

The rush to produce more energy-efficient automobiles is fueling aggressive efforts by China’s automotive sector.
“The fuel-efficient and new energy vehicles should account for 10 percent of the total industry in 2012,” Science and Technology Minister Wang Gang said recently in Beijing.

Tags: automaker, Automobile, China Auto, Dongfeng, Geely, industry, SAIC, vehicle

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