Mitsubishi Electric Corporation said it plans to grow its Chinese automotive multimedia business by establishing a joint venture with QiMing Information Technology Co, a subsidiary of carmaker FAW.

Saab’s make or break future seems to reside on the backs of two Chinese companies and the red hot Chinese car market, but can Saab find its saviour in China? The proud Swedish brand has been producing cars since 1944 when it made its first automobile went into production as the Second World War was winding down, Saab made a smart move as the automobile became the big thing to own in the late 40’s and 50’s, this set a precedent for the rest of the century and the early 21st too.

Gasgoo.com (Shanghai June 18) - Pang Qinghua, chairman of Pangda Automotive Holdings, has agreed to cooperate with Korean automobile maker SsangYong Motor, the Beijing Times reported today. The two parties signed an agreement last week at SsangYong's factory in Pyongtaek, South Korea. Pangda will become Ssangyong's official dealer in 21 provinces in the country.