China Daily (Beijing) - The British company that makes the Lotus sports car officially arrived in China last week, but it first had to figure out a local translation for its brand as there are cars already on the road that carry the Lotus nameplate - Lianhua in Chinese.
Jun. 22 , 2011The National - China has acted as a magnet to foreign car companies determined to capitalise on the spectacular economic growth in the world's second-biggest economy.
Jun. 22 , 2011The Wall Street Journal (Beijing) - Battery and car maker BYD Co. said Sunday it has set the price of its Shenzhen initial public offering at 18 yuan a share, in a sale that aims to raise as much as 1.42 billion yuan ($219 million).
Jun. 22 , 2011Gasgoo.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.
Jun. 19 , 2011