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Modest growth for autos in 2010

CAR makers expect the Chinese market to continue to grow moderately in 2010 after the auto industry posted bumper sales this year. At the 7th China (Guangzhou) International Automobile Exhibition which opened yesterday, they reported hefty sales ...

From JIN JING, Shanghai Daily,  23 Nov 2009

Related Topics: Ford Motor Company,  Volkswagen Group,  Mazda,  Nissan

Car plate prices closer to record

SHANGHAI'S car plate prices rose for a second month in November and set the second-highest record for this year. Dealers said rising fuel prices didn't instantly affect robust auto sales and the booming market may continue its upbeat sentiment as ...

From JIN JING, Shanghai Daily,  21 Nov 2009

Related Topics: Nissan

Eco-friendly cars to drive into spotlight at Guangzhou show

CAR makers are gearing up to finalize their preparations for this year's Guangzhou auto show to display their eco-friendly new models as they go all out to sustain this year's booming sales. Overseas and domestic car makers will display more than 720 ...

From JIN JING, Shanghai Daily,  20 Nov 2009

Related Topics: Mazda,  Ford Motor Company,  Mercedes-Benz

F&B firms see no trade woes

FOREIGN food and beverage exporters are not worried that trade disputes between China and other countries will spread to the sector and they remain optimistic in China's imported food market over the long term. "We hope not to have trade conflicts ...

From JIN JING, Shanghai Daily,  19 Nov 2009

IV-standard gas looks OK to inspectors

THOSE problems with Shanghai's new IV-standard gasoline that some drivers are complaining about? The quality-control authorities don't see them. Officials from the Shanghai Bureau of Quality and Technical Supervision said they tested samples of ...

From LU FEIRAN AND JIN JING, Shanghai Daily,  19 Nov 2009

Related Topics: PetroChina

Continental tapping into demand for affordability

GERMAN tire and car parts maker Continental AG yesterday opened a new research and development facility in Shanghai, aiming to further boost business through products and solutions customized for the Chinese market. The facility in Yangpu District ...

From JIN JING, Shanghai Daily,  18 Nov 2009

End of road for Volvo venture

THE Volvo Group is to end its partnership with China National Heavy Duty Truck Group Corp by quitting their joint venture. The world's leading truck maker has agreed to sell its 50-percent equity interest in Jinan Huawo Truck Corp to the Chinese ...

From JIN JING, Shanghai Daily,  17 Nov 2009

Related Topics: Volvo Group,  Daimler

Probe on US' rescue plans for auto sector

CHINA announced it will investigate the United States government's financing and rescue plans for the American automotive industry, the Ministry of Commerce said yesterday. It is part of China's probe into possible anti-dumping and government ...

From JIN JING, Shanghai Daily,  16 Nov 2009

Tesco to open malls via venture

BRITISH retailer Tesco Plc will form a partnership with a group of Asian enterprises to open three malls in China. Tesco said it plans to invest 100 million pounds (US$166 million) in a joint venture with HSBC Nan Fung China Real Estate Fund, Metro ...

From JIN JING, Shanghai Daily,  13 Nov 2009

Related Topics: Tesco P.L.C.,  HSBC,  Wal-Mart

Joint effort on energy vehicles

CHINA is urging domestic car makers to work jointly to speed up the development of new energy vehicles as the nation embarks to compete with overseas rivals on green technology, a government official said yesterday. Dong Yang, secretary general of ...

From JIN JING, Shanghai Daily,  12 Nov 2009

Related Topics: General Motors,  Warren Buffett

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