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Gasgoo.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.

GAC Forwarding & Shipping entered the Chinese market prior to 2002. After opening its Shanghai branch, GAC entered a phase of rapid development. In 2003, GAC began developing automobile logistics services, the core part of which covers import logistics, finished goods logistics and comprehensive supply chain management.

Gasgoo.com (Shanghai) - With news that Geely Automobile Holding Group's liabilities has reached 73 percent, many in the media have voiced their concern about the state of the automobile industry. However, Geely soon put out a statement saying its liability rate was well within normal limits, pointing out that large Western automobile manufacturers generally have rates between 70 and 80 percent. Gasgoo.com (Chinese) took advantage of the story to further analyze liability rates among Chinese manufacturers.