Chinese battery and automaker BYD Co and automobile inventor Daimler AG have signed an agreement to enter into a “comprehensive technology partnership” for the development of electric vehicles for the Chinese market.
Under the terms of the deal signed in Stuttgart, Daimler’s headquarters, on Monday, the two parties intend to develop a new electric vehicle specific [...]
Skoda, the Czech subsidiary of German automaker Volkswagen Group, more than doubled its sales to 123,000 units in China last year, a staggering achievement for such a newcomer.
Though a century-old brand, Skoda entered China’s market just three years ago as a part of Shanghai Volkswagen’s dual-brand strategy.
Tags: automaker, China Auto, Volkswagen
Official figures Monday confirmed China had overtaken the United States to become the world’s top auto maker and market in 2009 boosted by government stimulus measures.
The China Association of Automobile Manufacturers (CAAM) announced annual sales rose 46.15 percent year on year to 13.64 million units . Output increased 48.3 percent to 13.79 million units.
Passenger car [...]
Official figures Monday confirmed China had overtaken the United States to become the world’s top auto maker and market in 2009 boosted by government stimulus measures.
The China Association of Automobile Manufacturers (CAAM) announced annual sales rose 46.15 percent year on year to 13.64 million units . Output increased 48.3 percent to 13.79 million units.
Passenger car [...]
German auto icon has held China’s top spot for more than two decades
German auto giant Volkswagen AG posted a 36.7 percent surge in 2009 China sales to maintain the top position it has held for more than 20 consecutive years.
Tags: automaker, car-maker, China Auto, FAW, General-Motors, SAIC, Volkswagen
Toyota Motor Corp said yesterday it sold 21 percent more cars in China in 2009 compared with a year earlier, lagging rival General Motors‘ 67 percent gain.
Toyota, which competes with Honda Motor and others, sold 709,000 cars in China in 2009, up from 585,000 units a year earlier, it said in a statement.
That compared with [...]
