Feb. 12, 2009 (China Knowledge) - SAIC Motor Corp Ltd<600104>, China's biggest automaker, said it will retain its interests in Ssangyong Corp's assets after a Seoul court approved the bankruptcy protection application from Ssangyong last...
Feb. 12, 2009 (China Knowledge) - Nissan Motor Co Ltd, Japan's third largest automaker, aims to increase its car sales in China to 570,000 units this year, up 4.6% from last year, the Reuters reported...
Feb. 12, 2009 (China Knowledge) - Geely Automobile Holdings Ltd<175>, China's largest privately owned automaker, will further expand its businesses in China's second- and third-tier cities, by opening its 1,000th outlet by the end of...
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...
Feb. 11, 2009 (China Knowledge) - Dongfeng Automobile Co Ltd<600006>, a subsidiary of China's third-largest automaker Dongfeng Motor Corp, said it sold 7,858 cars in January, representing a year-on-year decline of 49.72%, the Shanghai Securities...
SHANGHAI, Feb 5 (Reuters) - General Motors said on Thursday its commercial vehicle venture in China sold 19.7 percent more vehicles in January than a year earlier, helped largely by sales of the Wuling Sunshine minivans.
SHANGHAI, Feb 4 (Reuters) - Volkswagen AG plans to postpone expanding a plant in southwest China by a year as a slowing economy curbs automobile demand in the country, the Oriental Morning Post reported on Wednesday.
China's auto sales grew 6.7% year-on-year to 9.38 million units in 2008, the first single-digit growth rate since 1999, the official Xinhua News reported, citing statistics released by the China Association of Automobile Manufacturers (CAAM), CAAM said sales of passenger cars including sedans, multipurpose...
Toyota Motor Corp, the world's second largest automaker by annual vehicle sales, announced that its vehicle sales in China amounted to 585,000 units in 2008, representing a robust year-on-year increment of 17%.The top Japanese automaker said in a statement released last year that its China sales surged...
Volkswagen AG, the German-based world leading automaker, announced that its vehicle sales in mainland China, Hong Kong and Macau hit 1.02 million in 2008, up 12.5% compared with 910,491 units sold a year earlier, sources reported. Vehicles sales under the Volkswagen brand increased 8.2% to...