Products from joint venture carmaker Qoros Auto Co make their China debut at the Shanghai auto show today as it showcases new models designed for the nation's young buyers.
A high-end trading platform, the 13th China International Machine Tool Show's theme this year is using innovation to drive technological progress and sustainable development in the sector, organizers said.
A technology that can help substantially reduce the most harmful emissions of diesel vehicles was recently developed by the Hefei University of Technology.
German premium automaker BMW last week unveiled a new brand in China in a bid to tap the nation's fledgling electric car market.
Following in the footsteps of premium automakers, manufacturers of specialty vehicles are targeting the swelling ranks of China's wealthy elite.
Hopes to sell 700k units in China annually by 2015
Situated on major trading routes, Sri Lanka is undergoing a huge investment drive in infrastructure and transport links to help transform the country from a developing nation to a middle-income economy by 2016.
Despite strong government support for new-energy vehicles, fewer than 20,000 have been sold over the past two years, according the latest figures from the Ministry of Science and Technology.
With given names ending in the same Chinese character fu, which means good fortune, Li Shufu and Wang Chuanfu have another thing in common - they are the bosses of two leading domestic automakers.
Many domestic carmakers are reporting that profits tumbled last year due to a slowing economy and intense competition in the world's most crowded market.
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