Honda resumes production at storm-damaged China plants

Honda Motor Co, Japan’s second-largest automaker, has resumed part of the production at three Guangzhou-based plants in South China on Tuesday.
The three plants, including two car factories and an engine plant, had suspended production since Jun. 2 due to flooding from heavy rains.

Tags: automaker, car, Dongfeng, engine, Honda, SUV

Tianjin FAW-Toyota gets approval for $537 mln new investment

Tianjin FAW-Toyota Motor Co., Ltd. announced that it has recently obtained approval from the Ministry of Commerce to invest US$537 million in its third manufacturing plant in Tianjin, according to an Asia Pulse report.
The report said new investment will be used for the production of an unnamed SUV at the plant in mid-2009. Designed production [...]

Shuguang Auto building new plant in Dandong

Liaoning Shuguang Automotive Group held a ground-breaking ceremony for a new SUV plant in the city of Dandong, Liaoning province earlier this week.
With a current annual production capacity of 60,000 Faster SUVs, the plant will be part of the automaker’s strategy to reach an annual capacity of 120,000 passenger vehicles eventually.

Tags: Auto, Liaoning, SUV

Saab crossover SUV and mini-car to hit China market

Swedish carmaker Saab Automobile is expected to introduce a Saab crossover SUV and a mini-car smaller than the Saab 9-3 to China in the near future, said Jan Ake Jonsson, Saab Auto Managing Director.
With the Saab 9-3 series and 9-5 series as its current major models, Saab is seeking the expansion of its auto portfolio, [...]

Chinese car sales hit the brakes

China’s passenger car sales rose 10.83 percent in April, the slowest pace over the past five months, the China Association of Automobile Manufacturers (CAAM) said yesterday.
The weaker market demand has re-triggered market speculation of a possible slowdown on the world’s second largest auto market this year that may fail to meet its full year expectation.

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GM to invest $1 bln annually in China to stimulate growth

General Motors CEO Rick Wagoner says GM and its joint ventures in China will invest around $1 billion annually in the next few years to boost R&D capacities and acclerate its expansion in one of the world’s fastest-growing markets.
Wagoner told the media in a recent interview that China still has great potential for further growth, [...]

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