The company also may continue its cooperation with the Derways auto plant. There is an agreement between Haima and Derways on CKD assembly of the new-generation Haima 3. However, the timing for the vehicle's launch at Derways has not been announced....More
The $254 million Guangde Proving Ground has 37.3 miles of roads and facilities for vehicle testing under 67 different driving conditions. It supports the design and development of vehicles by the JV’s Pan Asia Automotive Technical Center....More
Under Wale’s leadership, GM’s annual sales in China quadrupled from 560,000 units in 2005 to 2.5 million in 2011. In 2009 he received the Shanghai government’s Magnolia Award, its highest honor for members of the foreign community....More
The most significant vehicle premiering in Moscow may be the new-generation Mazda6. The unveiling coincides with the launch of the auto maker’s Russian assembly joint venture and may reflect sedans’ popularity in the country....More
China’s standard of living, at least in the cities, has improved dramatically. Households are enjoying cars and other modern amenities as incomes rise. But traffic, stress and inflation detract from the quality of life....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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