Detroit January 13 (Reuters) The Chinese government is said to be looking to prepare at least 10 million car parking spots for electric vehicles by 2020 in a new comprehensive policy due to be announced soon, a top executive at a local automaker said on Thursday.
Jan. 14 , 2011Shanghai 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 , 2011Shanghai 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 , 2011Shanghai January 13 (Gasgoo.com) Geely Automobile (00175.HK) is hoping to create a bridge to allow Taiwan industries develop in Mainland China. Yang Xueliang, Geely's public relations director, in an interview with First Financial Daily yesterday said that Geely is currently in the early stages of contact with Foxconn, the world's largest electronics contract manufacturer, with the goal of cooperating on developing new energy automobiles.
Jan. 13 , 2011Shanghai January 13 (Gasgoo.com) With 2011 already upon us, there is an ever-increasing risk of automobile sales tapering off. Despite the boom season at the end of last year, seeing long lines of eager customers wanting to drive off with the hottest-selling vehicles, those within the industry are relatively more pragmatic in planning for the new year. Companies are more cautious than last year, with a few enterprises designation 2011 as an adjustment year. A majority of companies said that, compared to this past December, this season the automobile market may experience negative growth.
Jan. 13 , 2011Shanghai January 13 (Gasgoo.com) SAIC Motor Corp Ltd. (600104.SS) said the company’s goal for the Twelfth Five-Year Guideline (2011–2015) is to double its annual sales and marketing targets, while at the same time paying more attention to its overseas business expansion and localization research and development, dfdaily.com reported yesterday.
Jan. 13 , 2011