Gasgoo.com (Shanghai August 5) - Guangqi Honda has been appearing in the Chinese media following a recent case of an Accord catching fire in Guangzhou. In an official response, Guangqi Honda stated that, after following an official investigation, they determined that the problem was not due to a design flaw, chinanews.com reported today. However, they have yet to locate the precise cause of the combustion.

Gasgoo.com (Shanghai) - Now the world's largest automobile market, China has long since been a major part of Volkswagen's global strategy and a major source of its total profits. The Chinese market also possesses great potential for growth, with sales and profits increasing on a daily basis. VW's performance figures over the last few years provides a good example of the rapid growth of the market.