Market & Industry
Over 105000 SAIC passenger automobiles sold in the first half of 2013
Gasgoo.com (Shanghai July 12) - SAIC's passenger automobile sales for the first half of the year totaled 105,186 units, the Nanfang Daily reported today. The figure represents year-on-year growth of 16.8 percent.
Jul. 15 , 2013China's goal of becoming car export powerhouse stallsJul. 12 , 2013
Dongfeng Peugeot's third factory in China begins operation
Gasgoo.com (Shanghai) - Dongfeng Peugeot Citroën's third Chinese automobile factory has officially begun operation, China Business News reported today. The factory, which is located in Hubei's capital of Wuhan, is designed to manufacture 300,000 automobiles annually and will bring its total production capacity in China to 750,000 vehicles. PSA Peugeot Citroën, which posted a deficit of 5.01 billion euros ($6.43b) last year, and its partner will invest a total of 6.4 billion yuan ($1.04b) in building and expanding the factory.
Jul. 11 , 2013China auto sales up 11.2%Jul. 11 , 2013