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Global auto industry outlook dims as U.S., China markets slowSep. 11 , 2010
VW sales growth slows in August, outlook mutedSep. 11 , 2010
New GM CEO to receive $1.7 million cash salary Sep. 11 , 2010
China Auto News of the Week (September 6- 10, 2010)
Shanghai Volkswagen appoints new General Manager
Haima Auto aims to boost sales to 1 mln units before 2015
Haima investment wins approval for 3 bln yuan private placementSep. 10 , 2010
Luxury car sales in China may reach 1.1 mln units by 2015

Shanghai September 10 (Gasgoo.com) Luxury cars' market share in China will surge significantly, J.P. Morgan predicted in a report released recently. Moreover, J.P. Morgan and J.D. Power both believe that China's luxury car sales are likely to reach 530,000 units this year, and more than double to 1.1 million units by 2015, Shanghai Securities News reported Friday.

Sep. 10 , 2010
Toyota to build hybrid engines in MelbourneSep. 10 , 2010
Ford cancels plans to make SUV in Kentucky
Ford's Fleming says he's happy with Mazda tie-up
BMW's August sales return to pre-crisis levels
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