BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, will unveil its first MPC model, M6, at the upcoming Auto Shanghai 2009 in April, sources reported.The M6 vehicle will be equipped with the self-developed 2.0-liter four-cylinder engine or the Mitsubishi 2.4-liter four-cylinder...
Porsche SE, the world's leading manufacturer of luxury automobiles, will unveil its latest model line, the Panamera, at the Auto Shanghai 2009 during April 20 to April 28, sources reported.The new model is a four-door, four-seat luxury sedan. It is front-engined and rear wheel drive, with four-wheel drive available on...
State-owned Aviation Industry Corp of China (AVIC), the country's leading aviation manufacturer, launched an auto company in Beijing on Mar. 13, the First Financial Daily reported.The newly-established auto company will be integrated with assets from several domestic automakers including Jiangxi Changhe...
SHANGHAI, March 14 - China's Geely Automobile Holdings, considered a potential buyer of assets from struggling global auto giants, said foreign acquisitions would allow it to secure technology and new markets but it remains cautious...
China's auto sales increased 24.72% year on year to hit 827,600 units in February mainly due to the government incentives to boost the auto sector, sources reported.Data from the China Association of Automobiles Manufacturers (CAAM) showed that sales of passenger cars reached 607,300 units, up...
SHANGHAI, March 4 - Chongqing Changan Auto Co <000625.SZ><200625.SZ>, a Chinese partner of Ford Motor <F.N>, said on Wednesday that its shareholders have approved the plan to buy back its own Hong Kong dollar-dominated B...
SHANGHAI, Feb 17 - Sichuan Auto Industry Group Co, a tiny automaker in southwest China, has no interest in buying General Motors' Hummer unit, a senior company executive said on Wednesday, denying media reports. Sichuan...
Chongqing Changan Auto Co Ltd<000625><200625>, Ford Motor's partner in China, said on Sunday that it plans to buy back its own Hong Kong dollar-denominated B-shares.Changan Auto said in a statement filed with the Shenzhen Stock Exchange yesterday that the company plans to buy back up to 423 million B-...
Sales of Geely Auto in December, 2008 (by model)
Feb. 12, 2009 (China Knowledge) - China is expected to disclose further details of the auto industry stimulus plan this Friday, the Shanghai Securities News reported on Wednesday, citing Dong Yang, deputy director of the...