Market & Industry
Kumho ordered to relocate its Nanjing factory

Gasgoo.com (Shanghai August 20) - Kumho Tire's Nanjing factory has received an order from the city's Department of Environmental Protection to move to a new location, Economic Observer News reported today. The Korean tire maker is among 173 companies issued with the relocation order.

Aug. 22 , 2011
Geely sales fall 26% in July

Gasgoo.com (Shanghai August 17) - Chinese manufacturer Geely has experience a dramatic loss in sales, with the manufacturer selling only 21,800 vehicles in July, cbh.com reported today. The sales result is 26.4 percent less than what the manufacturer achieved in June. Geely dealers are looking at a rough couple of months to come.

Aug. 18 , 2011