Volvo has found its first joint venture in China—Daqing Volvo Automobile Manufacture Co. LTD. The company registered capital is 1.66652 billion Yuan, and Zhiyuan Tong, Volvo China CEO, takes president of Daqing Volvo. The plant will go into operation within this year.

At present, Brilliance BMW has officially appointed Tong ZHU as new vice sales president to replace Jianjun Duan who left one week ago. As it known, BMW management has adjusted dramatically after Engelhard has taken president and CEO position of BMW Greater China this year. With Dong ZHU gets into position, new management structure is built up already. The most important question for Tong Zhu right now is how to remain Brilliance BMW fast development.

Johan de Nysschen, president of Infiniti, said at this Frankfurt Motor Show that Chinese market is very important for Infiniti. But the most important work the company needing to do is build reputation at present. It aims certain consumers that “seems like prefer other brands, but more aggressive inside.” Infiniti has made decision to build its brands as a strong brand, and announced to “challenge luxury segment and will break current situation.”