The world's largest auto market - China auto market will not stop growing by the end of this year. On December 10, the China association of automobile manufacturers said, the local sales of 1.7 million cars and light commercial vehicles, ...
Tags: Auto, Transportation, commercial vehicles, cars
French carmaker Renault has entered into an agreement with Chinese Dongfeng Motor (DFG) to create a new joint venture company, Dongfeng Renault Automotive Company (DRAC), with an investment of EUR870m for localized production in China. ...
Hoosier pride was felt deep and wide on the plant floor of Toyota Motor Manufacturing, Indiana (TMMI) this morning as the company celebrated the start of production of the all-new 2014 Highlander. TMMI team members and area citizens have ...
Tags: Toyota, Auto, Transportation, car
China is expected to become the world's largest car market in 2013, said the German auto industry association VDA, Xinhua reported. In 2013, the global growth in passenger car sales was driven by China and US markets. Sales in China in 2013 ...
Tags: Auto, Transportation, Car, passenger car market
The Guangzhou International Auto Show is in full swing. and one of the highlights is the number of electric and hybrid cars on show. Our reporter Ning Hong is there for us, and has been speaking to car makers and customers, to find out how ...
Tags: Hybrid Cars, Electric Cars
German auto giants Volkswagen AG, BMW and Daimler see China's future as being electric - encouraged by generous government subsidies - but that bet puts them at odds with some of their Asian rivals. While the Europeans were heralding the ...
Tags: Auto, Transportation
Currently, 86 listed companies of automotive industry have been released the third quarter reports. According to statistics, 70% car companies' net profit is year-on-year growth in the first three quarter. But the National Securities ...
Tags: Transportation, Auto, automotive industry
Fuyao Glass Industry Group, China's largest automobile glass manufacturer, said on Wednesday it will invest $420 million to set up production bases in the United States and Russia, in a further step to tap into high-end overseas markets. ...
Tags: Glass, Transportation, Auto Parts
Media reports of China surpassing the United States as the world's biggest oil importer as shown by data from a U.S. government agency were somewhat overrated, experts said. Recently published data by the U.S. Energy Information ...
Automotive giants BMW and Volkswagen are set to sell upgraded car models in India to take advantage of the estimated rise in demand in the festive season. The new launches from the two automakers come at the time when The Society of ...
Tags: BMW, Volkswagen, Car Models
China's auto market grew by double digits in August as carmakers tapped the sales momentum from January to July. Sales of passenger cars and commercial vehicles rose 10.3 percent in August from a year earlier to 1.65 million units. On a ...
Tags: Auto Market, Passenger Cars
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
Mexico is now positioned globally as the fifth largest importer of auto parts and raw materials to supplement production lines installed at car assemblers in Mexico, said Oscar Albin, CEO of the National Auto Parts Industry (INA). "Just ...
Tags: Auto Market
In early 20th-century China, personal transportation didn’t get much better than a rickshaw. On the other side of the world, automakers like Winton Motor Carriage Company in Cleveland, Ohio were bringing automobiles to the masses. ...
Chinese automakers have seen an extended market share slump in comparison to foreign brands, despite continuous expansion in the world's largest auto market during the first half of the year. Auto production and sales reached new highs ...
Tags: Auto Firms, Market Share