Gasgoo.com (Shanghai August 24) - Chongqing-based automobile and motorcycle manufacturer Lifan Motors announced that its sales increased 41.76 percent in the first half of the year, dnkb.com.cn reported today. News of Lifan's impressive sales result comes as the automobile market continues to slow down. The manufacturer saw a 59.76 percent increase in its second quarter sales alone.
Aug. 31 , 2011Gasgoo.com (Shanghai August 29) - Despite the withdrawal of government subsidies and shortages in the domestic electric battery market, FAW Toyota's third-generation Prius is still scheduled to be manufactured in China on schedule, the Beijing News reported today. According to sources from within the joint venture, the hybrid version of the Prius will hit the market next year, with the chance that it might carry a lower than expected price tag. There are still no plans to domestically manufacture the plug-in electric style Prius, however.
Aug. 30 , 2011