A Leading Portal for China Auto Industry
The auto industry is among the pulling-sectors of the economy in Europe and all over the world; for this reason, the Hungarian Government has ranked motor vehicle manufacturing and its sub-sectors among the high-priority sectors of the domestic economy. If further evidence for its importance were needed, it could be found in the substantial employment it provides, the many small and medium-size businesses working in the sector and the sector's exports (which significantly improve the country's foreign-trade balance), not to mention the local tradition and expertise. To all this is added the fact that the automotive industry is the largest systems integrator its influence extends to all the supply industries.
In 2005, Prime Minister Ferenc Gyurcsány recognized the most outstanding investors of the previous year with an award. The winners in three of the six categories were companies active in the automotive industry:
• the award for largest greenfield investment in 2004 went to Ibiden, for its factory in Dunavarsány;
• the award for largest expansion of the year went to Suzuki, for capacity expansion at its Esztergom plant;
• and the R&D cooperation award went to Audi for its R&D collaboration with the Universities of Gyôr and Budapest.
We deliver timely, professional China automotive news and commentaries, and authoritative interviews on global purchasers, suppliers, CEOs of consultation firms and aftermarket companies; focus on the industry dynamic news and markets!
Changan Flagship SUV-CS95 is launched today, equipping with 4WD system
Zotye increases capacity of 100,000 units, planning to launch 4 SUV models in the year
2016 Great Wall Motors profits grew over 10bn
Summary: Best-selling passenger automobile models in the Chinese market in February
FAW Toyota Deepen Compact Car Strategy with Aim to Account for 70% of Sales in 2020
Young Man Lotus L3 EV’s debut shows trend of zombie auto companies’ survival in hot alternative energy market
SGMW Passenger Vehicle Project Settled in Qingdao, Capacity Increases by 200,000 Units
Qoros flagship electric coupe to debut next month in Shanghai
Geely Vision SUV is Exposed with 1.4T Engine
Beijing Hyundai's new platform: several generations from the same platform
China Will Establish the Automobile Inspection and Maintenance System to Promote Energy Saving and Emission Reduction
Changan Plans to Have Car Production and Sales Surpass 3.3 Million Units
GAC Trumpchi GS3 with an 1.0T engine to rival Haval H2
Domestic TLX Launch, ACURA 3 New Models Out
Beijing Hyundai’s Releases its 2017 Plan, with Many New Models being Launched
GWM WEY Meets Obstacle in Sprinting for High Sales, Haval Lowers Price for Increasing Sales Volume
Summary: Top performing Chinese own brand automobile manufacturers in February
The exposed Chery technological plan involves powertrain and connected vehicles
BAIC Invests 1 billion in Promising Car-sharing Service
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