By September 2008, China has nine automakers who have stepped across the threshold of making one million vehicles. The latest member of this “1-million-car club” is Dongfeng Nissan, said xinhuanet.com yesterday.
Dongfeng Nissan, a joint venture between Dongfeng Motor Corp and Japan’s Nissan Motor Co, celebrated its 1 millionth car rollout on September 19 in its [...]
Automakers in China are joining hands with financial institutions to offer new credit deals to potential customers in the country amid market downturns, reports China Daily.
Dongfeng Honda Automobile Co has also teamed up with Shenzhen Development Bank Co. Ltd to launch several trial auto-finance services in Shenzhen. Customers looking to buy Civic, Civic Hybrid or [...]
Beijing Automotive Industry Holding Corp. (BAIC) has recently started building a new plant in central China’s Hunan province. The plant will produce BAIC’s own brand passenger vehicles from 2010.
The new plant is located in Zhuzhou, an industrial city in eastern Hunan province.
A BAIC spokesman says BAIC chose Zhuzhou for the strong local parts supply base [...]
Earlier this week, a top executive of FAW Toyota said that the joint venture has now included a series of SUV models in its product lineup for the China market and will launch them by mid-2009, reported National Business Daily today.
The Toyota RAV4, a compact crossover SUV model to be built in China, will be [...]
Germany-based automaker Opel will introduce its sports utility vehicle (SUV) model Antara to the Chinese market at the end of this month, Opel’s first SUV model that brought into the country, as per industry sources.
The model, which made its introduction in Paris last year, is a four-wheel drive SUV built on the same platform with [...]
Unlike Japan and the US, the world’s two largest auto manufacturers which have seen their own car brands widely accepted at home and abroad, China still sees its automobile market dominated by foreign brands including Volkswagen, GM and Honda, though most of them are produced by their joint ventures (JVs) with local businesses.
It took China [...]
