Liaoning province is to take a controlling stake in Brilliance China Automotive Holdings, Reuters reported. Huachen Automotive Group Holdings, which is wholly owned by the Liaoning provincia... Read more
US-based car rental firm Avis has set up a joint venture in Shanghai, China Daily said. Anji Car Rental and Leasing, 50-50 owned by Avis Europe and Shanghai Automotive Industry Sales Corp, w... Read more
The central government will invest Yn43m in a project to produce cleaner motor vehicle engines, Xinhua reported. Wang Binggang, chief expert with the National Clean Automobile Taskforce, sai... Read more
US car-maker General Morors has launched a joint venture to produce a new minivan for the Chinese market, Reuters reported. The venture with SAIC-Wuling is GM's third joint venture in Ch... Read more
Shanghai Automotive Industry Corp (SAIC) plans to boost sales of car parts in North America to about US$700m in five years, from an estimated US$175m in 2002, said a senior company official.... Read more
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