The Economic Times - Depending on whom you ask or what you read, China has between 100 and 250 carmakers. Joint ventures with the global biggies dominate the top 10 - think General Motors (GM), Volkswagen (VW), Toyota, Ford, Nissan, Hyundai - and a rash of domestic players makes up the rest of the pack. The sheer number of players may not come as a surprise considering China is the largest car market in the world - in 2010, 13.8 million units were sold.
Aug. 5 , 2011On July 15, Jean-Michel Vallin, President of Faurecia China accepted an exclusive interview with Gasgoo.com, regarding Faurecia’s development plans in China, career training for its staff and other issues.
Aug. 4 , 2011Gasgoo.com (Shanghai August 3) - One of SAIC Group's subsidiaries, SAIC Motor, has taken majority control of fellow subsidiary Huayu Automobile today, Securities Daily reported. According to announcements from both companies, their submissions to the China Securities Regulatory Committee were a success. The news also represents full resumption of trading for the SAIC Group as a whole.
Aug. 4 , 2011