China Economic Reviewnext year The joint venture between BMW of Germany and China Brilliance Automotive Holdings expects to receive its production licence soon and to begin production of BMW cars in China early next year, South China Morning Post said. China Brilliance is in legal dispute with its former chairman, who is suing the firm over changes […]
Japan's Honda Motor plans to invest at least Yn190m to expand annual production capacity at Dongfeng Honda Engine from 120,000 to 300,000 units a year, Bloomberg reported. The increase in production at the joint venture in Guangzhou, Guangdong province, will meet demand from Honda's second plant in China, currently being built in Guangzhou's export zone. […]
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 […]
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 by the spring of 2004, South China Morning Post said. The additional capacity will be used to make the Fit saloon, which will go on […]