Gasgoo.com (Shanghai) - With China home to the world's largest automobile market, the country is becoming a more attractive target for foreign manufacturers, with their investments constantly on the rise. Joint ventures remain their most profitable avenue to secure higher profits, with foreign enterprises finding ways to increase their say in the companies. This unfortunately leaves their domestic partners in a more and more embarrassing position, with the fear that the future position for them in JVs may be nothing more than an agent.
Sep. 20 , 2011Gasgoo.com (Shanghai September 19) - The now Chinese-controlled luxury brand Volvo showed off two new vehicles at the Chengdu Motor Show yesterday, wccdaily.com.cn reported. Volvo's Senior Vice President and Chairman of China Operations Shen Hui was among those in attendance, where he stated that Chengdu was on the heels of Beijing, Shanghai and Guangzhou to become the country's next large automobile market. If everything goes well, he said, Volvo's new production site in Chengdu would begin production in 2013, where its first vehicle would be something "that has definitely never been seen before in the country."
Sep. 20 , 2011Gasgoo.com (Shanghai September 18) - The 64th Frankfurt Motor Show comes as the global automotive industry is in an overall state of recovery. With the storm that was the first half of 2011 over, the show provides the perfect chance for us to take a look at the flowers coming ahead. And with China now one of the world's most important markets, the country will play an important role in helping the industry recuperate. Let's take a look together at some of the models which are destined for China (materials compiled from auto.sohu.com).
Sep. 18 , 2011