News
Tianjin Government may Limit the increment of Minibus and Use Auction for License Plate

In the press conference in 15th December, Tianjin government announced the management of minibus increment was going to be implemented from zero hour of 16th December 2013 and the management of traffic controls in accordance with tail number from 1st March 2014.

Dec. 20 , 2013
Ssangyong Sales in China Doubled, Will Made in China When Achieve 50 Thousand Sales

“This year Ssangyong will achieve 10 thousand sales in Chinese market, and sales goal for next year shall be 20 thousand.” Yuyi LI, director of Ssangyong Auto told reporter. As mentioned about the development of Ssangyong in China, Yuyi LI said that “if sales in Chinese market reach 30- 50 thousand, we will consider about plant building in China.”

Dec. 20 , 2013
Audi to boost spending on cars, plants in bid to catch BMW

Germany's Audi (VOWG_p.DE) will grow spending on new models, plants and technology in coming years as the luxury carmaker steps up efforts to catch larger competitor BMW (BMWG.DE), people familiar with the matter said.

Dec. 19 , 2013
The Joint Venture of Great Wall Automobile Starts to Export Cars to Italia

The Litex factory built by Great Wall Automobile and Bulgaria Litex holds a ceremony to start to export 75 cars to Italia for the first time. In accordance to the news that day, this is also the first time for Litex to export to west Europe.

Dec. 19 , 2013
Australia sets up $89 million fund for auto workers hit by GM exit

Australia is setting up a A$100 million ($89 million) fund to support regions affected by General Motors Co's (GM.N) decision to stop production in the country by 2017, including directly supporting those workers affected by the decision.

Dec. 18 , 2013
Honda recalls 7,751 Acura sedans in U.S., Canada for loose bolts

Honda Motor Co (7267.T) said on Monday it is recalling 7,751 Acura RLX sedans in the United States and Canada to replace rear suspension bolts that may not have been properly tightened.

Dec. 18 , 2013