Vehicle exports soar Vehicle exports grew 232 per cent year-onyear to reach US$239m in the first eight months of this year, according to Customs data. The two biggest categories were special... Read more

Taiwan's Formosa Automobile Corp (FAC) was reported by industry sources to be close to setting up a 200,000 units-a-year car plant in Ningbo, Zhejiang province. FAC was set up in 1998 by... Read more

China's largest 14 state-owned producers reported combined earnings of Yn18bn in the first half of the year, up 100 per cent from the first half of 2002, according to figures from the St... Read more

Japan's Toyota Motor has agreed with Guangzhou Auto to set up a joint venture to produce cars at a new plant in suburban Guangzhou, Asahi Shimbun said. The deal will be announced formall... Read more

Vehicle-equipment maker Zhongda International Holdings posted a net profit of Yn2.6m for 2002 compared with Yn33.5m in 2001, South China Morning Post said. Turnover dropped 3.8 per cent toYn... Read more