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2011-08-10
Passenger Car Sales Hit Speed Bump in July
Passenger Car Sales Hit Speed Bump in July. In July, China's automobile industry reported the lowest sales for passenger vehicles for 12 months, excluding the short month of February, indicating that the stagnancy of the world's biggest
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2011-08-10
Chinese Automakers Hunt for Sweet Spot in Brazilian Market
Chinese Automakers Hunt for Sweet Spot in Brazilian Market. Chinese automakers are keen to raise their presence in emerging markets especially in Brazil through the establishment of manufacturing facilities, after gaining a foothold in the
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2011-08-05
Cars sales could decline under new purchase subsidy
Cars sales could decline under new purchase subsidy. Car sales in China may drop due to a government proposal to amend purchase subsidies on small engine cars, Economic Information Daily reported Wednesday.? ? The report says a draft
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2011-08-05
Bangladesh's Railway inks train procurement contract with Chinese company
Bangladesh's Railway inks train procurement contract with Chinese company. ? ? DHAKA, Aug. 4 (Xinhua) -- Bangladesh's Railway signed a 58.31 million U.S. dollars contract on Thursday with Tangshan Railway Vehicle Co. Ltd. of China for
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2011-08-03
Haier to acquire business of Sanyo
Haier to acquire business of Sanyo. QINGDAO - China's Haier and Japan's Sanyo have signed a Memorandum of Understanding (MOU) on Haier's acquisition of a portion of Sanyo's home appliance division, said a senior Haier company official on
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2011-08-03
Toyota plans record production of vehicles in 2012
Toyota plans record production of vehicles in 2012. ? TOKYO, Aug. 3 (Xinhua) -- Toyota Motor Corp., the world's largest automaker, said Wednesday it plans to raise its global production of vehicles, including the firm's high end Lexus