Volkswagen and Shanghai Automotive Industry Corp are to invest a combined US$278m in a Shanghai plant to make 1.4- and 1.6- litre engines, reported Bloomberg. Operations in the 180,000-units... Read more
Toyota plans to start making about 300,000 passenger car engines a year in a US$270m Guangzhou-based factory, said Nikkei. The engines, to be made in the 70 per cent foreign- owned venture w... Read more
US car giant Ford said it would increase its investment in China by US$1bn to US$1.5bn over the next few years to expand output seven-fold in the world's fastest-growing car market. It a... Read more
mini-car design from a unit of General Motors. SAIC is GM's main China joint venture partner in a rapidly expanding market, reported the Financial Times. The sale could open the way for... Read more
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