Volvo Car Corporation plans 500m real Brazil factory, output in 2015

Dow Jones Newswires - Volvo Car Corp., recently acquired by China's Zhejiang Geely Holding Group Co. from Ford Motor Co. (F), plans to build its first Brazil factory to produce between 15,000 and 20,000 cars a year in the country, the company press office said.

Aug. 30 , 2012
FAW Car reports net deficit in first half of 2012

Gasgoo.com (Shanghai July 31) - In the light of recent accusations of intellectual property infringement by VW, FAW Group has officially released sales figures for its own brand FAW Car. Looking at the figures, the own brand's performance over the first half of the year leaves much to be desired.

Aug. 30 , 2012