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.
DETROIT auto makers, teetering on the brink of collapse, are receiving strong signals from the White House that short-term help is on the way while a key senator who is an ally of the automotive industry says the relief package could reach US$15 billion for GM and Chrysler.
Dec. 16, 2008 (China Knowledge) - China's Ministry of Commerce (MOC) will adopt effective measures to boost auto export, sources reported, citing Zhi Luxun, vice director of MOC's Department of Machinery and Electronics, as saying.MOC...
THE White House weighed its options on Saturday for preventing a collapse of the troubled auto industry, once the backbone of the United States economy.
Dec. 12, 2008 (China Knowledge) - Changan Automobile Group and Shanghai Automotive Industry Corp (SAIC) are reportedly interested in acquiring Ford Motor Co's Volvo brand, the China Daily reported.Changan Auto and SAIC are likely to...
Sweden's government announced their own auto industry bailout today. The deal, worth an estimated 28 billion kronor ($3.4 billion), consists of emergency loans, funding for research and development, and a credit line.