Results for car industry: 3462

To boost China's annual auto sales beyond 10 million units, Beijing is planning to consolidate the country's auto industry.

WUHU, China, March 19 (Reuters) - Chery Automobile Co, China's biggest indigenous car maker, has delayed a joint venture project with Italy's Fiat SpA (FIA.MI) due to the industry downturn, a top Chery executive said on Thursday.

Shanghai, March 16 (Gasgoo.com) Guangzhou Automobile Industry Group Co (GAC) has set up an overall framework with Fiat SpA on forming a 50:50 joint venture to produce and distribute Fiat small cars, Beijing Times reported Monday, citing an informed insider.

NEW DELHI, March 9 - Car sales in India snapped a four-month slide and rose 21.8 percent in February from a year earlier, an industry body said on Monday, helped by government stimulus packages to...

To boost China's annual auto sales beyond 10 million units, Beijing is planning to consolidate the country's auto industry.

CHINA may encourage Shanghai Automotive Industry Corp (Group) and China FAW Group Corp, its two biggest auto makers, to buy rivals in a bid to revive the car industry, according to two people familiar with the plan.

CHINA hopes to cut the number of its major auto makers from 14 to 10 and increase the market share of domestic-brand vehicles in a consolidation push designed to enhance the competitiveness of a stalling industry.

BEIJING Automotive Industry Co yesterday denied a report that it is in talks to buy assets from struggling United States car maker Chrysler LLC to help in its bid to develop its own-brand cars.

BEIJING Automotive Industry Holding Co yesterday announced it will spend 1.68 billion yuan (US$246 million) to build an engineering base which would help it to speed up development of self-branded and clean energy vehicles.

BEIJING Automotive Industry Holding Co is in talks to acquire Fujian Motor Industry Group as it proceeds on the road to expansion, people familiar with the matter said.