In the first half of 2013, Yuchai enjoys a fairly high growth in sales of motors, much higher than the average in this industry. This is the first growth of motors over recent years. On July 20, 2013, management of Yuchai and marketing ...
Tags: Yuchai trucks, motors
Japanese car maker Mazda Motor Corp. Sold 82,531 cars in the Chinese mainland in the first half of this year, down 20.6 percent from a year ago. Data released by Mazda Motor (China) Co., Ltd. recently shows that Mazda saw sales volume ...
China is encouraging car manufacturers to enter the second-hand auto market to cash in on the growing sector and boost China's auto consumption. Deng Li, deputy director of the Market System Development Department of the Ministry of ...
According to statistics, almost all of the top 75 tire makers in the world have plant in Asia, with most of them having more than one plant in Asia. Some international companies, such as Hankook, see more than half of its products produced ...
Tags: Tire, Transportation, Auto Parts
The price of a new car license plate in Shanghai fell for the third consecutive month after hitting a record high of over 90,000 yuan (14,679 U.S. dollars) in March. In a monthly auction that ended at noon Saturday, the average bid for a ...
Tags: Car Plate, Auto Accessories
Shanghai-listed shares in Fuyao Glass edged up 0.2% today after the big auto glass maker controlled by Chinese billionaire Cho Tak Wong said it had eked out an increase in 2012 earnings. Net profit rose by 0.8% to 1.5 billion yuan, or ...
Tags: Fuyao Glass, Glass, Glass Industry
Japanese steelmaker Kobe Steel, Ltd has announced that its Chinese steel wire processing joint venture, Kobelco Spring Wire (Foshan) Co., Ltd (KSW), located in Foshan, Guangdong Province, has started operations. Kobe Steel owns a 50 percent ...
Tags: Steel Wire, Steel, steelmaker
Because of the shrinking market demand in Europe, Hyundai Motor has delayed its target of 5% market share in Europe in 2016, and will focus on consolidating the achievements in the European market. Hyundai Motor sales in the European ...
Tags: Hyundai Motor, car sales, car
From 2009 to 2012, Ford's four-wheel drive vehicle sales grew 72%, while the US's auto market increased 53%. More than 20% of the sales of new cars in the US auto market in 2012 used the four-wheel drive system. Among Ford's cars which ...
Tags: Ford, vehicle, auto market
Fuyao Glass, the world's second-largest auto glass maker by sales, expects to see strong overseas sales growth in the years ahead with Europe and South America leading the way, according to its corporate chairman. "The European debt ...
Tags: Fuyao Glass, Europe, South America
BYD announces its performance report today. Its annual revenue in 2012 was 46,732,000,000 yuan, decreasing by 4.29 year on year. Net profits which belong to shareholders is 81,002,000 yuan, decreasing by 94.15%. The report shows that ...
Tags: BYD, Net Profits, China's auto market
Pirelli plans investing $200m to Chinese factory by the end of next year, in order to make China as its largest manufacturing center. Gregorio Borgo, the president of Pirelli in the Asia-Pacific region, said: “We will build a ...
Tags: Pirelli, China, Manufacturing Center
Honda has returned triumphantly and en masse to Consumer Reports' Top Picks with three models--the Accord, CR-V, and Odyssey--after not having a single model make the cut last year. For 2013, the Top Picks list has new winners in seven ...
Tags: Honda, new car, company news
Italy's new car registrations amounted to 113,525 units in January, down 17.6 percent year on year, according to the Italian automotive industry association Anfia. Anfia president Roberto Vavassori stated, "The opening of 2013 witnessed ...
The statistical report released by the General Administration of Customs of Damascus shows that in the first 11 months of 2012, Syria’s car imports were not over 2,019 and revenue was not over 93 million Syria pounds. Auto imports in ...
Tags: Syria, Car Imports, car industry