Gasgoo.com (Shanghai June 19) - Foreign Minister Wang Yi's announcement that he will ride in a domestically-manufactured FAW Hongqi limousine has created a stir in the Chinese automotive industry and caused FAW Car's share price to soar. On the heels of the announcement, reports have begun appearing that FAW Hongqi has 1,000 Hongqi H7s ready in its Beijing inventory to grant to various government ministries for use as official cars. The story was reported in a Beijing Evening News report appearing today; however, the paper made sure to point out that no specific details have been officially confirmed as of yet.
Jun. 19 , 2013Elon Musk made a fortune disrupting the status quo in online shopping and renewable energy. Now he's up against his toughest challenge yet: Local car dealers.
Jun. 19 , 2013Faurecia, a leading global supplier of engineering solutions and automotive components, stood out from nearly one hundred participants as it won three awards at the China Automotive Industry 2011 Award.
Jun. 18 , 2013Two major auto parts suppliers of Nissan Motor Co - Guangzhou Unipres Co and Xiangyang Sunrise Machinery Co,will invest in Dalian, Liaoning province.
Jun. 18 , 2013