Market & Industry
Toyota tries to break reliance on China

January 14 (The Wall Street Journal) Company Seeks to Develop Electric Motor Without Costly, Tightly Controlled Rare Earth Metals

Jan. 14 , 2011
BMW Brilliance's Senior Vice President is optimistic about Chinese luxury car market

Shanghai January 13 (Gasgoo.com) BMW Brilliance Automotive Ltd. will continue to maintain a positive attitude towards the Chinese automobile market in the upcoming year, Senior Vice President Dr. Daniel Kirchert said in an interview with www.jinghua.cn on Tuesday. Dr. Kirchert continued to say that because luxury automobiles were relatively unaffected by purchase restriction laws, he expects growth rates to continue at 20%-30%.

Jan. 14 , 2011
Geely eyes 2 mln car sales in 2015

Shanghai January 13 (Gasgoo.com) Geely aims to boost both its vehicle output and sales to two million units in 2015. Plans for the year 2011 are to launch a number of major models, R&D of which has been basically completed at present.

Jan. 14 , 2011