At present, imported Renault medium upper car- new Latitude launches market, and it sells around $ 28.89 – 46.21 thousand in China. As a vehicle that aims international market, particularly for medium upper car researched for Asian market, new Latitude adopts the latest technology of Renault–Nissan. It will bump into stiff competitive medium upper auto market in China. Guozhang Chen, CEO of Renault China, so expressed during interview with reporter of that Renault will put more products into China. As quit dealers, Guozhang Chen does not take it as a problem, he call it “change investors”.
Aug. 16 , 2013Volkswagen territory expands in China. Changchun plant is about to put into operation on Aug 16. Xinjiang plant, Ningbo plant and Foshan plant are going into operation one after another. It is all for one goal that sales of Volkswagen shall reach 4 million in China in 2018.
Aug. 16 , 2013Ford Motor Co (F.N) on Wednesday laid out a more ambitious mid-decade plan that includes a higher dividend and a 25 percent increase in capital spending, to take advantage of growing automotive demand worldwide.
Aug. 15 , 2013China auto industry management replaces quite frequently this year. Last week, Shanghai GM announces that Yongming Ye will leave GM general manager position, and takes up president of Brilliance Group which is a key state-owned enterprise of Shanghai. This week, Xiaoqiu Wang will be the 5th general manager of 15-years history Shanghai GM after Maoyuan Hu, Hong Chen, Lei Ding and Yongming Ye.
Aug. 14 , 2013Hyundai Motor Co's (005380.KS) 45,000 union workers in South Korea may go on strike as early as next week over unmet demands including a one-off payment of $2.45 billion from the company's record 2012 profit and gold medals for long-serving employees.
Aug. 14 , 2013After experienced month-on-month and year-on-year basis decline in June, auto industry export volume of July is 79.9 thousand, which is 5.4% less than the figure last month, and 11.6% less than the same time of last year according to auto export statistics by CAAM published on Friday.
Aug. 14 , 2013