Market & Industry
Guangqi starts to produce in-house engine in China and gets ready to achieve sales target of 2015
Guangqi Honda,a Chinese automobile manufacturer co-owned by Honda and GAC Group, has started a third plant to produce some small models and in-house engines. The operation of this new plant will boost Guangqi Honda’s capacity to a new level and complete its production and process chain, marking this company’s transfer from a manufacturer to an integrated carmaker.
Oct. 23 , 2015Rumors of Volkswagen: 20% staff to be laid off in China
According to an insider, VW China is likely to lay off 20% staff in China, so as to cut personnel costs.
Oct. 21 , 2015