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King Long, a bus production company based in Xiamen in Southeast China's Fujian province, will build its first European vehicle assembly facility in Hungary, announced Janos Kelemen, manager of King Long Hungary, at a news conference on Friday.
Top 100 "Most Competitive" Auto Parts Suppliers Award 2010 was officially launched in Shanghai on Dec 11.
Cooper Tire & Rubber Co aims to generate at least 30 percent of its global sales in China in three years, up from 25 percent now, banking on robust demand after China surpassed the United States as the world's biggest auto market this year.
Shanghai Automotive Industry Corp (SAIC) yesterday said it will form a $20-million venture with US-based A123 Systems Inc to jointly develop batteries and systems for green vehicles in China.
China's Ministry of Public Security on Thursday issued an amendment to driving license rules, giving more disabled people the rights to sit behind the wheel.
I've been driving for almost 15 years in a number of countries with both left-hand and right-hand traffic flows. But I remain apprehensive about driving in this city.
Zhejiang Geely Holding Group aims to conclude the acquisition of Ford Motor's Volvo Car Corp in early 2010 and has hired consultants for restructuring and integration, sources with direct knowledge of the deal said.
The Beijing traffic management bureau yesterday put the city's car population at an unprecedented 3.99 million as of last Sunday, predicting the number would break four million before the weekend.
Chery Automobile, China's largest indigenous car maker, will basically stay away from overseas acquisitions even though it has been approached repeatedly, its chairman was quoted as saying on Tuesday.
Beijing Automotive Industry Holdings Co Ltd (BAIC), China's fifth largest automaker, said yesterday it has agreed to take over some of the assets of General Motor's Saab arm as part of its plans to develop cars under its umbrella.
Daimler AG, parent of German luxury car brand Mercedes-Benz, said yesterday it was tripling the production capacity at its Beijing joint venture, amid skyrocketing local demand.
China's Beijing Automotive Industry Holding Corp (BAIC) said on Monday it had acquired some assets of General Motors' Saab unit.
