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A few days ago, Germany media reports said Volkswagen was considering increasing its stake in Faw-VW, to be from the current 40% to 50%.
Sep. 26 , 2013Six years after its establishment, QOROS first production models caused is coming to market for testing. "By the end of this year, QOROS first product QOROS 3 will be officially go on sale in the Chinese market. "A few days ago, QOROS Chairman and CEO Guo Qian confirmed the news on QOROS automotive technology experience day which was held in Shanghai .
Sep. 25 , 2013“3,000 Yuan energy saving subsidy will be ended on the last day of September.” The message has spread widely in auto industry from yesterday. Some auto manufactures have changed their sales policies already. However, reporter has not received any messages from Development and Reform Commission or other official channels.
Sep. 25 , 2013The Italian carmaker Fiat (FIA.MI) is planning to take full control of the diesel engine manufacturer VM Motori by buying out the half of the company owned by joint venture partner General Motors (GM.N), Fiat said on Saturday.
Sep. 24 , 2013Weiming SU, member of Volkswagen Group (China) board of directors, and vice president of marketing and sales executive, told media recently that Volkswagen imported auto will cooperate with Shanghai Volkswagen strategically. Volkswagen China will build shop-in-shop in the picked 30 dealers in third-tier and fourth-tier cite to sell its imported Touareg and Multivan T5, and provide authorized repairing and spare parts service for the two models.
Sep. 24 , 2013Recently, message saying that GDI engine and DCT automatic gearbox plant which was built in August 2011 of JMC is almost finished after 2 years. As it known, the plant is located in the plant of JMC Engine Company. It will produce 1.5T GDI turbocharging gasoline direct injection engine and DCT dual-clutch automatic gearbox.
Sep. 24 , 2013