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After Roewe E50 pure electronic car launched market; SAIC passenger car develops another new energy car. Jun ZHU, vice director of technology center of SAIC passenger car, told reporter that Roewe 550 plug-in technology exceed same level overseas cars. It shall contribute to Roewe large amount of investment in new energy area.
Nov. 29 , 2013After experienced totally different market performance in the first and next half this year, Mazda is expected to have the same sales with last year did. The volume is about 185 thousands. Particularly in August, Mazda introduces its first China made CX-5, which is geared with its “SKYACTIV” technology.
Nov. 29 , 2013The outgoing chief executive of French carmaker PSA Peugeot Citroen (PEUP.PA) said he would forego his pension package after an outcry from government ministers and labor unions.
Nov. 28 , 2013Hyundai Motor (005380.KS) is internally looking to lift its U.S. vehicle sales by 10 percent next year, an executive said, underlining the South Korean company's high hopes for the revamped versions of the Genesis and the Sonata sedan.
Nov. 27 , 2013General Motors Co (GM.N) investors are focused on the possibility of stock buybacks or a dividend on common shares now that the U.S. government has outlined its plans to sell the rest of its stake in the No. 1 U.S. automaker by year end, analysts said.
Nov. 26 , 2013German carmaker Daimler (DAIGn.DE) would welcome a Chinese investor after taking a stake in Beijing Automotive Group BEJINS.UL, though it has had no sign that this will happen, Chief Executive Dieter Zetsche said.
Nov. 26 , 2013