China Economic ReviewThe 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, said that total investment in the project would reach Yn1bn, with motor manufacturers and local governments providing the bulk of the funds. A recent conference in Beijing agreed […]
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 China. It has already started introducing the seven-seater Wuling Sunshine, based on a Wuling chassis with technology from GM's other Chinese ventures. The model is […]
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. Although this still represents only a small proportion of the company's total revenue, meeting stringent North American quality requirements should improve its competitiveness […]
British car-maker MG Rover said that the collapse of its partnership with China Brilliance Antomotive (CBA) would have little impact on it, the Financial Times said. Although commentators had linked the collaborative development of new models to MG's survival, the company was confident that it could replace its 45 medium saloon without help from CBA. […]
PSA Peugeot Citroen has called on the Chinese government to merge the thousands of China's small auto component makers to increase quality, the Financial Times said. The French carmaker is concerned that the proliferation of small suppliers has prevented locally produced parts reaching international standards. Peugeot is currently in final negotiations with Dongfeng Motor, China's […]