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Chinese auto parts maker Wonder Auto Technology Inc has gained greater access into auto safety and electronic systems market after it purchased a majority stake in Applaud Group Limited, which controls Jinheng Automotive.
China has become BMW's fourth largest market, where the German luxury car maker saw the fastest growth in auto sales in 2009, and great market potentials, a senior company official told Xinhua Wednesday.
Dongfeng Honda Automobile Co will build a new plant in China to meet robust demand in the Chinese market, the company said Wednesday.
The founder of the auto manufacturer that bears his name generated headlines around the world in January 1914 by doubling the average autoworker's pay to $5 a day.
Geely Automobile Holdings Ltd is eyeing the lucrative automobile markets in countries near China and said it would invest 2 billion yuan over the next three years to boost car manufacturing capacity at its Lanzhou plant in Gansu province.
New-energy vehicle and battery manufacturer BYD Automobile Co said yesterday that it has won approval to produce the e6, its first pure electric car, in the country.
An assembly line of Chinese automaker Geely was officially launched in Russia's Caucasus republic of Karachay-Cherkessia, local media reported Saturday.
Zhejiang Geely Holding Group Co Ltd, which is close to finalizing a deal to buy Swedish luxury car brand Volvo from Ford Motor Co, plans to roll out a dozen new own-brand models this year.
Geely's expected merger with Volvo will not hamper but boost China operations by the Swedish premium carmaker, according to Volvo's top China executive.
Full-year light vehicle sales figures for 2009 confirm what the industry has known for months - China has formally overtaken the United States as the world's largest vehicle market.
The Badaling Great Wall administration office said they will build a single car park - a 125,000 sq m "core space". From it, 40 eco-tour buses have the exclusive right to ferry passengers to the wall.
With dedicated Shanghai Expo traffic plans being rolled out, the city hopes it won't need to resort to the odd and even-licensed plate system used by Beijing to keep private cars off the roads on alternate days during the Olympics.
