Shanghai December 21 (Gasgoo.com) Guangzhou Automobile Group Co Ltd (GAC)is mulling listing A shares in 2011. GAC aims to raise annual capacity to 3 million vehicles by 2015, and meanwhile to increase its annual sales to 400 billion yuan ($60 billion).

Shanghai December 20 (Gasgoo.com) The Chinese market will give BMW a big boost to implement its global strategy for new energy vehicles. BMW even plans local production of the electric Megacity car after the start of volume production in 2013.