On October 23, 2013, Modine held its China Annual Supplier Meeting in Changzhou, Jiangsu province of China. Specialized in thermal management systems and components, Modine provides products used in light, medium and heavy duty vehicles, off-highway and industrial equipment, and heating, ventilation and air conditioning equipment. Modine has two plants in China now, one is in Songjiang, Shanghai, and the other is in Changzhou, Jiangsu.
Feb. 10 , 2014Gasgoo.com (Shanghai) - Being able to purchase vehicles on the Internet is one of the newest developments in the Chinese automobile market. Mercedes-Benz, Jianghuai Automobile, BYD and Geely Automobile are among some of the manufacturers whose vehicles can now be purchased online. Although online buying has yet to replace the traditional business model of going to certified 4S dealerships to buy cars, there are those who believe it will become a mainstream sales method in the near future.
Oct. 21 , 2013Gasgoo.com (Shanghai) - A total of 19.31 million automobiles were sold in China last year, representing year-on-year growth of 4.3 percent. Most analysts originally predicted a similar single digit sales growth rate for this year as well. However, in actuality, year-on-year growth rates for automobile production and sales volumes for the first nine months of the year ended up being 12.8 percent and 12.7 percent respectively. Those rates were even higher for passenger automobiles, reaching 13.7 percent and 14.0 percent respectively. Even if quarterly sales growth rates for the final quarter of the year remain zero, 2013's total vehicle sales volume will total 21.09 million units, representing sales growth of at least 9.3 percent. As a result, there is a good chance total sales growth rates for this year will be in the double digits.
Oct. 21 , 2013