China Economic ReviewGerman car maker BMW said it would invest US$481m in its 50-50 joint venture with Brilliance China Automotive Holdings to produce luxury cars for the Chinese market. The money will be used to upgrade and expand Brilliance's production facility in Shenyang, Liaoning province. The firm hopes that BMW 3-Series models will start to roll off […]
All new motor vehicles registered in Shanghai must now meet Euro 2 emission standards. The introduction of the standard last month was two years ahead of the national timetable. Shanghai introduced Euro 1 standards for new vehicles in 1999, though older vehicles are exempt. Shanghai Automotive Industries, the country's second largest carmaker which has joint […]
Dongfeng Honda Auto Parts will increase production in fiscal 2003 by 70 per cent yearon- year in order to supply Guangzhou Honda Automobile, which plans to start assembling the Fit saloon this summer. It produced 700,000 core unit parts in 2002, including brake discs and crankshafts for engines. About 70 per cent of parts produced […]
A car parts company jointly funded by German car producer Volkswagen AG and two leading Chinese car makers has started operation in Shanghai, People's Daily said. With a total investment of US$96m, Volkswagen Automotive Gearbox (Shanghai) is expected to produce 180,000 units annually, rising to 300,000 by 2005. Its output of MQ200 gearboxes is destined […]
Japanese producers of compressors, the main component used in automobile air conditioning systems, are accelerating their transfer of manufacturing capacity to China, according to a report by Nikkei. Matsushita Electric Industrial is to add a new production line dedicated to making auto compressors at a joint venture in Guangzhou. The line will have a capacity […]