From building factory in Taicang in 1996 to the formal establishment of Schaeffler china in 2004, Schaeffler has been more than ten years to witness the development of china auto market, especial in the aftermarket, Schaeffler is one of the foreign parts manufacturers early entered into china.
Sep. 6 , 2011Gasgoo.com (Shanghai) - Following the issuing of policies to manage government vehicle spending by the Communist Party of China, the market for official vehicles, which accounts for nearly 100 billion yuan ($15.59b), has become the center of attention for automobile industry experts. The policy's preference for own brand vehicles has also become a hot topic. Will the policy be what the government needs to successfully popularize own brand vehicles, and what effects will it have on the market as a whole? Gasgoo.com (Chinese) held a one-week survey on these questions in order to find the answer.
Aug. 12 , 2011Gasgoo.com (Shanghai) - At the end of last month, approval of FAW-Volkswagen's decision to change the ratio of its stock ownership caused a media uproar. Volkswagen China has been attempting to change the value of its joint venture with FAW Group many times now, with the most recent attempt being made during the opening construction ceremony of its Foshan factory. FAW Group has agreed to yield 9 percent of its stock to VW subsidiary brand Audi. VW Board Chairman Martin Winterkorn discussed the issue with executives from the Ministry of Industry and Information Technology.
Aug. 10 , 2011