Market & Industry
Foton Motor to tap high-end SUV market

Shanghai October 29 (Gasgoo.com) Beiqi Foton Motor Co, the world's biggest commercial vehicle maker by sales last year, is developing a sport utility vehicle (SUV), code-named U201, which shares platform with Foton's high-end pickup P201, looks similar to the Toyota Prado in size and will be put on the domestic market in 2013 following P201's launch, the Beijing News reported Friday.

Dec. 31 , 2010
China’s auto import market to grow 20% in 2011

Shanghai December 30 (Gasgoo.com) China’s automobile import market is expected to grow 20% in 2011, with about 800,000 vehicles to be registered, and higher than the estimated growth rate of the domestically-made vehicles, reported China Youth Daily, citing the report released by China Automobile Trading Co. (CATC).

Dec. 30 , 2010