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

Volvo has unveiled plans to add two new models to the range it markets in China as part of a drive to increase exports to the country, China Business Week/v said. The models are the limited-... Read more

US-based ear giant General Motors is planning to invest Yn2bn to double capacity at its joint venture plant in Shanghai, China Daily said. The venture's board had already approved the bu... Read more