Bloomberg reported Bridgestone Corp plans to spend US$300m opening another tire plant, its fourth in China, by early 2007. The report said the plant, in Huizhou in Guangdong province, would... Read more
ThyssenKrupp Automotive, a unit of the German steel giant, said China will supply 10% of vehicle parts sold by 2010, up from 1% now, according to a Reuters report. The company makes springs,... Read more
Newspapers, including the Financial Times and Hong Kong's South China Morning Post, reported foreign China-based carmakers wrestling with the question of using their excess capacity duri... Read more
Volvo Car Corp, the Swedish unit of Ford Motor Co, aims to double its market share in China from 3% to 6% by selling 20,000 vehicles annually over the next five to six years, a near sevenfol... Read more
Ford Motor Co and Mazda Corp announced they have partnered with Chongqing-based Chang'an Automotive to launch a car manufacturing joint venture in Nanjing in Jiangsu Province. The JV, Ch... Read more
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