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 [...]
Changan Automobile Group, Ford Motor’s China partner, said on Tuesday it will roll out 30 electric cars developed jointly with Electrovaya in Canada before the end of this year, potentially becoming the first Chinese auto maker to tap the North American market.
Changan and Electrovaya, maker of portable power technology products, started developing electric cars since [...]
Inventories of unsold new vehicles made by 65 major automakers in China hit a four-year high to 395,647 units for the month of August, the latest data from China Automobile Dealers Association (CADA) showed, according to Stockstar report on Monday.
Of all the vehicles stocked, 255,904 units were sedans, accounting for 64.48% of the total. The [...]
Chery Automobile Co Ltd said yesterday it was planning to cut its labor force in response to the slumping automotive industry.
The nation’s fourth biggest car maker became the latest car manufacturer to reduce jobs and suspend production after the world’s second largest auto market also fell victim to the global financial crisis that has caused [...]
The auto industry cannot avoid being affected by the global financial crisis. After the collapse of a slew of financial institutions, job cuts and production stoppages have become a major theme for western car makers over the past few weeks.
Tags: Auto, auto-parts, automaker, car-maker, Chrysler, Ford, General-Motors, vehicle
Data released by China Association of Automobile Manufacturers on Friday showed that passenger vehicles (including sedans, MPV,SUV and other cross passenger cars) in the country posted significant sales growth in September after two consecutive months’ sales slowdown, with the cross passenger car gaining the largest growth, Shanghai Securities News reported today.
However, the data also showed [...]
