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Renault to have over 80 dealerships in China next year

Renault will establish an independent sales company in Beijing next year, and after construction of the new dealership is completed, the number of Renault's dealerships in China will increase to more than 80. Renault is currently rebuilding its 52 dealerships across the country, said Chen Guozhang, CEO of Renault Greater China, adding that the reconstruction project is schemed to be finished before next February.

Oct. 27 , 2010
Toyota bets on yen's run continuing

Toyota Motor Corp. will revise its assumed exchange rate for the second half of fiscal 2010 from the current 90 yen against the dollar to 80 yen, it has been learned, in a move that shows the firm believes the yen will continue to ride high.

Oct. 26 , 2010