Results for gasgoo: 824

Shanghai, June 17 (Gasgoo.com) Grupo Salinas of Mexico has announced that plans for a joint assembly plant to build cars with China's FAW Group have been called off, another victim of the global economic crisis, edmunds.com said.

Shanghai, June 17 (Gasgoo.com) A unit of China's Dongfeng Motor Group Co has bought a 20% stake in the Chinese unit of Taiwan's Yulon Motor Co, Taiwan's Commercial Times reported on Wednesday, citing unnamed Yulon officials.

Shanghai, June 16 (Gasgoo.com) Luxury vehicles Rolls Royce, Lamborghini and Aston Martin made their debuts at the 11th Chongqing International Auto Exhibition that kicked off on June 11, xinhuanet.com reported.

Shanghai, June 16 (Gasgoo.com) General Motors announced today that Joseph Liu will replace Robert Socia as executive vice president of Shanghai General Motors, the U.S. automaker's flagship Chinese venture, Dow Jones reported.

Shanghai, June 16 (Gasgoo.com) Ford Motor Company last week launched its global Driving Skills for Life (DSFL) driver education program in China, together with its joint venture, Changan Ford Mazda Automobile Co., Ltd. and Jiangling Motors Co., Ltd. the U.S. automaker's website www.ford.com said.

Shanghai, June 17 (Gasgoo.com) FAW Group and Brilliance Auto are in talks for merger and restructuring, and FAW is expected to buy controlling stake in Brilliance, the 21st Century Business Herald reported today, citing sources familiar with the matter.

Shanghai, June 15 (Gasgoo.com) China Huarong Asset Management Corp. confirmed on Saturday that it invested 300 million yuan ($43.93 mln) to take a stake in Chery Automobile Co., and plans to launch an initial public offering (IPO) within the next three to five years, xinhuanet.com reported today.

Shanghai, June 15 (Gasgoo.com) Dongfeng Motor Group Co, China's third-largest automaker, said its vehicle sales in May came to 108,937 units, up 6.44% from a year earlier, lagging a 34.02% gain of overall market, it said last weekend, Reuters reported.

Shanghai, June 15 (Gasgoo.com) Beijing Automotive Industry Holding (BAIC), China's fifth-largest carmaker, has reasons to fail in Opel, Saab and Volvo bid, and it will not engage in such talks for the time being, reported China Business News on Monday, quoting a company source familiar with the situation.

Shanghai, June 16 (Gasgoo.com) Shaanxi Automobile Group Co Ltd on Monday broke ground on a new mini van manufacturing facility at Baoji city of Shaanxi province in west China, reported Xinhua.