Since the late 1990s, independent English language listings magazines have flourished in Shanghai and other major mainland cities. Now, their days could be numbered.
Category: Autos
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More dealerships for Mitsubishi
Mitsubishi Motors and its principal shareholder DaimlerChrysler are expanding their joint dealerships in China. The two partners plan to open 120 outlets by 2005, three times the current number. They will sell a variety of models, especially DaimlerChrysler minivans and Mitsubishi sport-utility vehicles. Mitsubishi Motors' Japanese rivals are all increasing their dealership presence in China. […]
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Geely in carmaking joint venture
China's only privately-owned carmaker, Zhejiang Geely Automobiles, has formed a joint venture with Hong Kong-listed Guorun Holdings, South China Morning Post said. Zhejiang Geely Guorun Automobile will produce two models, Merrie Car and Geely Ulion, in Ningbo. Guorun will inject Yn51m in cash and take a 46.8 per cent stake in the venture. Geely will […]
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GM bullish on China prospects
Speaking at the launch of his company's Kunpeng concept car, Philip Murtaugh, head of China operations of General Motors, forecast that overall car sales in China would grow by at least 10 per cent annually for the foreseeable future. For this year he forecast overall growth of 15 per cent, with a 10 to 12 […]
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Daimler plans third Chinese venture
Daimler-Chrysler is seeking Chinese government approval for a joint venture in Fujian province to manufacture commercial vehicles for export, South China Morning Post said. The Chinese partner would be Dong Nan (Fujian) Auto Industry, a 50-50 joint venture between Taiwan's Yulon Motor and Fujian Auto Industry Group. The venture would produce NCV2, Vaneo and Vito […]