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
Much of the growth in the month’s first half was fueled by fears of coming tax increases. But auto makers’ promotions and attractive features on their vehicles also provided significant incentives to buyers....More
The power and prestige of senior Chinese officials and their taste in cars may prove the new restrictions on imports to be a paper tiger. Previous attempts to curb government spending on expensive foreign makes have failed....More
The Chinese auto maker announces at the Melbourne Truck Trailer and Equipment Show it will partner with Australian vehicle-importer WMC Group to release its lineup of European-designed, Chinese-built Maxus vans and people movers....More
China may be the world’s largest automotive market, but heavy reliance on foreign technology and weak R&D capability among local producers makes it a mere “factory” for global car makers, one analyst says....More
Former Chrysler China executive Bill Russo says the domestic auto makers’ biggest challenge by 2015 will be overcapacity. “Lower utilization at local marques will drive their manufacturing costs upwards.”...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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