Volvo of Sweden has decided to set up a joint venture with the China National Heavy Truck Corp. The venture will produce Volvo trucks at the corporation's facility in Jinan. Shandong pro... Read more
DaimlerChrysler is in talks to form three joint ventures in China to build Mercedes- Benz cars and trucks, Frankfurter Allgemeine Zeitung reported. The US-German company had previously said... Read more
Following the unravelling of its deal with China Brilliance Holdings, British car maker MG Rover is holding talks with Geely, a privately-owned domestic car maker, about setting up a joint v... Read more
Shanghai Automotive Industry Corp has raised its output target for this year to 500,000 units from 460,000 units. SAIC, which has joint ventures with Volkswagen and General Motors, sold 410,... Read more
A recent surge in passenger car sales has benefited China's sprawling auto industry, but a rationalisation of the sector remains inevitable. According to official statistics, both sales... Read more
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