Gasgoo
Market & Industry
SMS messages hinting at merger between Beijing Benz and Mercedes-Benz China falseAug. 5 , 2011
SAIC Motor's purchase of Huayu gains official approval

Gasgoo.com (Shanghai August 3) - One of SAIC Group's subsidiaries, SAIC Motor, has taken majority control of fellow subsidiary Huayu Automobile today, Securities Daily reported. According to announcements from both companies, their submissions to the China Securities Regulatory Committee were a success. The news also represents full resumption of trading for the SAIC Group as a whole.

Aug. 4 , 2011
Beijing Benz may be incorporated into Mercedes-Benz China sales networkAug. 4 , 2011
Chery-Subaru JV rumored to be announced within two months
First Luxgen SUVs come off production line
Chery G6 makes market debut
GAC to introduce 1.8 L Trumpchi next month

Gasgoo.com (Shanghai August 2) - Guangzhou-based GAC Motor will begin selling the 1.8 L version of its upcoming own brand car, the Trumpchi, in September of this year, the Guangzhou Daily reported today.

Aug. 3 , 2011
Nearly 1/3 of Chinese domestic dealers suffer losses in first half of 2011Aug. 3 , 2011
Study on Chinese car consumer tendencies publishedAug. 3 , 2011
Changan Mazda to expand dealer network to 200 by end of year
Changan PSA to bring over DS models next April
Pressure on Chinese manufacturer inventories increasing
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