Porsche Aims to Sell 10,000 Cars in China in 2010
8 Feb 2010, 09:03 UTC · By: Andrei Tutu / German premium sports car producer Porsche has set a 2010 sales target of 10,000 units for the Chinese market, which is the third biggest for the company, as Bloomberg writes. This aim has been s...
Chinese Automotive Market Registers Massive Growth in January
8 Feb 2010, 07:24 UTC · By: Andrei Tutu / The Chinese automotive market registered a massive growth in January 2010, with sales rising 84 percent compared to January 2009, as China Passenger Car Association via Xinhua reports. 1,218,722 ...
Last Saab 9-5 Rolls Off the Production Line
4 Feb 2010, 14:43 UTC · By: Alex Vasile / Many of you probably thought that the Saab saga will end once the Swedish car manufacturer will be sold or closed down. And in the spirit of honesty, there have been times when no one was sure any m...
Beijing Parking Fees Doubled
3 Feb 2010, 09:25 UTC · By: Andrei Tutu / 2010 April’s Fool Day will see a “not so funny” law becoming effective in Beijing: the city’s downtown daytime parking fees will be doubled starting April 1, in an effort to ...
China Is the World's Biggest Car Producing Country
3 Feb 2010, 08:51 UTC · By: Andrei Tutu / China is now the world’s largest car manufacturer, based on the 2009 figures, surpassing the U.S. and Japan, as China Business News reports. Last year, China’s domestic car production...
BMW to Open New R&D Center in China
2 Feb 2010, 11:28 UTC · By: Andrei Tutu / The premium German automotive producer BMW has decided to build a research and development (R&D) center in China, in an effort to adapt to the local buyer’ specific demands, as China Daily...
Geely to Take Control of All Volvo Technologies
2 Feb 2010, 10:38 UTC · By: Bogdan Popa / Geely will take control of a 100 percent stake in Volvo, despite reports that Ford wanted to keep some technologies developed by the Swedish unit. Citing a Geely top executive, gasgoo.com reported t...
Ford Resumes Chinese Transit Production
2 Feb 2010, 10:18 UTC · By: Daniel Patrascu / After earlier today Japanese carmaker Toyota announced it will resume production at the five plants it idled this week on account of the accelerator pedal recall, American manufacturer Ford and its ...
Ford Posts 128% Chinese Sales Increase in January
2 Feb 2010, 07:50 UTC · By: Bogdan Popa / The Chinese market continues to be one of the most important markets in 2010 as well, with most companies posting enthusiastic sales figures for the first month of the year. Ford is sure the best ex...
China’s 2010 Gasoline Production Can Satisfy Demand
1 Feb 2010, 11:28 UTC · By: Andrei Tutu / Last year, China became the world’s largest automotive market, as car sales saw a 52.9% increase to 10.3 million units. For 2010, automotive sales in the country are forecast to grow by 15% t...
Audi Plans to Increase Its Production Capacity in China
1 Feb 2010, 08:08 UTC · By: Andrei Tutu / Audi has stated that it wants to increase its production capacity in China, in order to meet the raising demand registered on the market last year, as Gasgoo.com reports. VW Group’s p...
Tengzhong, GM Extend HUMMER Deadline
1 Feb 2010, 07:48 UTC · By: Bogdan Popa / Although everybody expected to see the HUMMER brand stepping under Chinese ownership by end-January, it didn't happen. And even if rumors that the deal might come to a dead end are emerging, th...
China Expects Double-Digit Growth for Its Automotive Market in 2010
29 Jan 2010, 09:26 UTC · By: Andrei Tutu / China, now the world’s biggest automotive market, expects its car sales to see a double-digit increase in 2010, as Dow Jones reports via Gasgoo. The Chinese Government believes the growth i...
Official: Toyota Recall Begins in Europe
28 Jan 2010, 14:54 UTC · By: Daniel Patrascu / Following almost a day of rumors, speculation and unofficial confirmation, Japanese carmaker Toyota announced through its UK media website it will begin a recall of its vehicles, based on possible a...
Toyota's Recall to Go Global, Europe and China Affected
28 Jan 2010, 11:14 UTC · By: Daniel Patrascu / Just like a virus, the accelerator nightmare Japanese carmaker Toyota is engulfed in for months now has gone global, after rumors began surfacing models in Europe and, more recently, China, will be ...
PSA Wants 8 Percent of China by 2016
27 Jan 2010, 10:33 UTC · By: Bogdan Popa / PSA Peugeot Citroen is looking into ways to expand Chinese operations and thus gain an 8 percent market share in the country by 2016, company officials said. Furthermore, the alliance wants to grow ...
Peugeot 408 Officially Unleashed in Beijing
25 Jan 2010, 15:53 UTC · By: Bogdan Popa / Here is the new Peugeot 408, a new model which was launched in China but is supposed to be released in several international markets, as the parent manufacturer said in a release. The car was design...
Aston Martin Inaugurates Flagship Beijing Dealership
25 Jan 2010, 11:10 UTC · By: Andrei Tutu / The toff British car manufacturer Aston Martin is continuing its global expansion strategy: the company has launched over the weekend an imposing dealership in Beijing. The new store has a...
Honda Builds Second Auto Plant in China
23 Jan 2010, 14:08 UTC · By: Alexandru Radu Chis / Through the automobile production and sales joint venture with Dongfeng, Honda plans to build a second automotive production plant in China. The plant is designed to have a low environmental impact ...
GM and VW Hold Best Positions in Top Emerging Markets Study
22 Jan 2010, 16:12 UTC · By: Andrei Tutu / {img align=left}General Motors Co. and the Volkswagen Group have managed to secure the best positions in the most important emerging markets - countries where automotive sales could see an increase ...