Gasgoo.com (Shanghai August 29) - Despite the withdrawal of government subsidies and shortages in the domestic electric battery market, FAW Toyota's third-generation Prius is still scheduled to be manufactured in China on schedule, the Beijing News reported today. According to sources from within the joint venture, the hybrid version of the Prius will hit the market next year, with the chance that it might carry a lower than expected price tag. There are still no plans to domestically manufacture the plug-in electric style Prius, however.
Aug. 30 , 2011Gasgoo.com (Shanghai August 24) - Chinese passenger vehicle imports in the first half of the year increased 36 percent, the Beijing Youth Daily reported today, quoting figures from the China Automobile Trading Company. The increase in imports was led by luxury automobiles, which were over 70 percent than last year.
Aug. 29 , 2011