Market & Industry
JAC, Hybrid Kinetic sign new energy JV deal

Shanghai, August 4 (Gasgoo.com) JAC and Tianjin-based HKMC Equity Investment Fund Management Co., Ltd., a wholly-owned subsidiary of Hong Kong's Hybrid Kinetic Motors Corporation (HKMC), signed a letter of intent yesterday for the no less than 2 billion yuan ($295 million) joint venture deal on new energy vehicles, JAC said in a statement today.

Sep. 16 , 2010
Mazda CX-7 to be locally made in China

Shanghai September 15 (Gasgoo.com) The CX-7, a great family SUV from Mazda, which is currently being sold as an imported model in China through FAW-Mazda's sales network, will be made locally, the joint venture's Marketing Minister Pu Hongsheng said, Beijing Youth News reported Wednesday.

Sep. 16 , 2010