German car manufacturer Audi’s new assembly plant in Northeast China will officially start operation next March, stepping up its capacity in the fast-growing market amid growing competition, reported Beijing News on Monday.
Covering a land area of 81,610 square meters, the 1 billion ($146 million) plant will build Audi A4 and Q5 models after it starts [...]
Volkswagen expects trading to be tough in China during the first six months of 2009 but is still planning for growth, its local head of operations said in comments to be published by a German newspaper.
“The first half, in particular the first quarter, will be difficult,” Winfried Vahland said in an article to appear in [...]
Global automakers may be hurting from a worldwide slump in sales but in China, they see a bright beacon of hope.
Tags: AUDI, Auto, Buick, car, car-maker, Chrysler, Ford, GM, Volkswagen, Volvo
China should encourage the development of electric cars to offset its dependence on imported oil and reduce greenhouse emissions, automakers said.
“We are discussing with the Chinese government about our electric car plan as environmental issues are becoming a critical issue in China,” Yasuaki Hashimoto, president of Nissan Motor (China) Ltd said at the Guangzhou auto [...]
Shanghai Automobile Industry Hudong Sales Co, a dealer of cars made by Shanghai Volkswagen Co Ltd, is selling a 50-percent stake due to its inability to pay a debt.
Five potential buyers, including a car maker, have applied to buy Hudong’s stake after a one-month bidding period ended on Tuesday, according to an official from Shanghai [...]
Volkswagen (VW) will introduce clean-energy car to China, said Klaus-Dieter Schadewald, COO of Volkswagen Import Co., to autosina.net on November, 15.
Unveiled and offering services during the 2008 Beijing Olympics, VW clean-energy cars and commercial vehicles have quite appealed to Chinese consumers. Schadewald said VW joint ventures in China have already got such clean-energy models, while [...]
