Jan. 9, 2009 (China Knowledge) - Chery Automobile Co. Ltd (Chery Auto), one of the leading Chinese home-grown auto makers, announced its vehicle sales declined approximately 6.6% to 356,000 units in 2008 from 381,000 units...
Jan. 5, 2009 (China Knowledge) - Chinese government will unveil a stimulus package to boost the auto market soon, the People's Daily reported.The new policies put a special focus on the promotion of low-emission vehicles,...
U.S. stock index futures pointed to a higher open on Tuesday after Washington expanded its bailout of the auto industry, while volume was expected to be light in the holiday-shortened week...
Dec. 30, 2008 (China Knowledge) - Beiqi Foton Motor Ltd<600166> plans to invest RMB 5 billion in a new energy auto design and manufacturing base in Beijing, sources reported. With a production capacity of 5,000...
The U.S. government said on Monday it was pumping $5 billion into auto and mortgage lender GMAC LLC and lending up to $1 billion to automaker General Motors, ensuring the solvency of a company considered crucial to GM's survival...
Dec. 29, 2008 (China Knowledge) - Skoda Auto, under the control of Volkswagen AG, announced that it has launched its Skoda Fabia sub-compact car in the Chinese market, the automaker's second car model in the...
Dec. 23, 2008 (China Knowledge) - Formula One (F1) Chinese Grand Prix and Auto Shanghai 2009 will be held in Shanghai in April next year, sources reported.The Chinese Grand Prix will start from Apri. 17...
EVEN as General Motors and the entire United States auto industry teeter on the edge of collapse, its major rivals are hardly celebrating. Toyota and other Japanese car makers say the bankruptcy of any of Detroit's Big Three would spell serious trouble for them as well.
SHANGHAI Volkswagen yesterday denied earlier media reports which said the car maker and FAW-Volkswagen halted production due to high inventories amid slowing car sales in the world's second-largest auto market.
CHINA has lost a key part of its appeal against a World Trade Organization ruling that its auto parts tariff policy violates international rules.