Shanghai, June 24 (Gasgoo.com) Tianjin FAW, an economy car subsidiary of FAW Group and a Chinese partner of Toyota Motor, will roll out a new model next month as the start of its plans "to launch 9 new car models by 2012," said xinhuanet.com today.
Shanghai, June 25 (Gasgoo.com) Sichuan Tengzhong Heavy Industrial Machinery Co. will sign a formal deal with General Motors Corp on June 28 in the U.S. to acquire GM's Hummer brand, sina.com said yesterday.
Shanghai, June 23 (Gasgoo.com) Guangzhou Toyota, a joint venture between Guangzhou Auto and Toyota Motor, has confirmed its plan to produce Toyota's 'business-class' Previa MPV in 2012, 163.com reported today.
Shanghai, June 23 (Gasgoo.com) China's Shanghai Automotive Industry Corp (SAIC) is planning to purchase new Buick Regal's platform from General Motors Corp to make its own brand car models, according to an informed source quoted by Chinese language newspaper 21st Century Business Herald.
Shanghai, June 23 (Gasgoo.com) Beiqi Foton Motor, a subsidiary of Beijing Auto, is planning to build a gasoline-direct-injection engine production base in Beijing to equip the company's future passenger vehicles, local media reported today. The new engine facility will have an annual capacity of 300,000 units.
Shanghai, June 23 (Gasgoo.com) Japan Climate Systems (JCS), a joint venture of Visteon, Mazda Motor and Panasonic, has opened an auto air-conditioning system factory, JCS Nanjing, in China to support the needs of Mazda China and other Chinese automakers, gasgoo.com said today.
Shanghai, June 24 (Gasgoo.com) Great Wall Motor Co, China's largest manufacturer of sports utility vehicles (SUV) and pick-up trucks, said it only sold 14 vehicles in Russia so far this year, Xinhua reports on Wednesday.
Shanghai, June 24 (Gasgoo.com) Hummer CEO Jim Taylor said yesterday that he expects Sichuan Tengzhong Heavy Industrial Machinery Co. only to be an investor and not to get much involved in Hummer's daily management after the Hummer brand is sold to the Chinese company, sina.com said.
Shanghai, June 22 (Gasgoo.com) The Die Manufacturing Co., Ltd. of FAW has recently broken ground for building a new plant, which is scheduled for completion in June 2010, xinhuanet.com reported today. The new facility in northeast China's Changchun city will be a modernized stamping, welding center to make 400 standard sets of stamping dies annually.
Shanghai, June 22 (Gasgoo.com) Amid the general market slowdown, BASF sees huge potential in China's fast-growing auto industry, and believes it can help Chinese carmakers upgrade quality and save cost with innovative engineering resin products, Plastics News reported, citing BASF's executive.