Ford has started production of its Fiesta compact sedan in Chongqing, becoming the last of the world's major manufacturers to assemble cars in China. The plant will be able to produce 50... Read more
The Chinese joint venture of Japanese carmaker Honda, Guangzhou Honda, will invest Yn660m to increase annual capacity from 50,000 units to 120,000 units in spring 2003 and to 240,000 units b... Read more
The China unit of US car giant General Motors is buying Yantai Bodyshop Corp in Shandong province for Yn900m to double the production capacity of its cars in China, Shanghai Daily said. GM a... Read more
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
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