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Home >> Press Releases
GM Sales in China Drop 8 Percent in January

SHANGHAI - General Motors sales in China in the first month of 2012 were down 8 percent from a year ago. There were three fewer selling days in January this year as a result of the Lunar New Year holiday.

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$10 million investment to enhance braking technology production and create Research and Development (R&D) center(346)


Jan. 13, 2012

Beijing, China -- ITT Corporation today announced it is investing $10 million to enhance braking technology production and create an R&D center in Wuxi, Jiangsu Province, China, as part of its future commitment to the region.

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CTS Awarded Accelerator Pedal Module Production Programs For the Chinese Market(497)

January 18, 2012

ELKHART, Ind.-- CTS Corporation (NYSE: CTS) today announced that CTS Automotive Products has been awarded two new production programs for its Electronic Throttle Control (ETC) Accelerator Pedal Modules from Japanese and Chinese vehicle manufacturers. Both awards represent new programs for vehicles sold into the growing China market, and will result in an increase in CTS' global market share.

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Ford Appoints Schoch Chairman and CEO, Ford China; Kent Named Controller, The Americas(294)


DEARBORN, Mich., Sept. 22, 2011 - Ford Motor Company today elected David L. Schoch, controller, The Americas, as a company officer and named him to the role of chairman and CEO, Ford Motor China, effective Nov. 1.

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Inteva Products Opens Automotive Door Systems Technical Center in Shanghai, China(473)

TROY, Mich., Sept. 15, 2011 /PRNewswire/ -- Inteva SDADS is enhancing its competitiveness and strengthening its advanced product development capabilities with the opening of a new automotive door systems technical center in Shanghai, China. The 50,000 square-foot facility includes a new sound chamber, extensive testing capabilities, an expanded engineering center, and an advanced development lab.

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Suzhou plant to increase production capacity(544)


Suzhou, September 8, 2011 - The Bosch Group - a leading global supplier of technology and services in the areas of automotive and industrial technology, consumer goods and building technology - today announced the opening of its new plant in Suzhou. With a total investment of 200 million RMB, the new plant will facilitate the production of active safety technologies such as Antilock Braking System (ABS), Electronic Stability Program (ESP) and related sensors.

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SAIC and GM sign agreement for electric vehicle development(302)

Shanghai - SAIC Motor Corp., Ltd. (SAIC) Chairman Hu Maoyuan and General Motors Co. (GM) Chairman and CEO Dan Akerson signed an agreement today in Shanghai for the co-development of a new electric vehicle architecture in China.

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GM Board of Directors Meets in China(120)

For Immediate Release: Monday, Sept. 19, 2011

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Owens Corning Opening its New China Composites Center in Shanghai, China(383)

Sept. 6, 2011
SHANGHAI, Sept. 6, 2011 /PRNewswire/ -- Owens Corning (NYSE: OC), a leading global producer of glass fiber reinforcements for composite systems and residential and commercial building materials announced today that it will open its China Composites Center in Shanghai, China, in early 2012.

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MICHELIN GROUP CONFIRMS THE SIGNING OF A JOINT VENTURE AGREEMENT IN CHINA WITH DOUBLE COIN AND HUAYI(337)


09/07/2011
The Michelin Group, Double Coin Holdings Ltd. and Shanghai Huayi (Group) Company have signed the final agreement to create a joint venture in China to produce and market Warrior brand passenger car and light truck tires for the local market.

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Volkswagen opens first engine reprocessing facility in China(515)

Wolfsburg / Dalian, August 29, 2011 - In opening an engine reprocessing facility in China on Saturday, the Volkswagen Group is promoting cost-effective, environmentally compatible solutions in its largest sales market. 15,000 engines per year are to be reprocessed at the plant in Dalian. The reprocessed engines will allow Chinese drivers to benefit for the first time from genuine Volkswagen parts that are up to 50 percent less expensive.

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Visteon to Invest in Subsidiary of Chery Technology(368)

Wuhu, China, Aug, 22, 2011 -- Visteon Corporation (NYSE: VC) today announced its intention to invest in Wuhu Bonaire Auto Electrical Systems Co., Ltd. (Bonaire), a subsidiary of Chery Technology and a major supplier of climate products to Chinese vehicle manufacturer Chery Automobile Co., Ltd.

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Dongfeng Motor Co. Announces New Mid-Term Business Plan for China(278)

BEIJING - Dongfeng Motor Co., Ltd. (DFL), Nissan's joint venture in China, today announced a new five-year business plan to accelerate growth in the world's largest automotive market.

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Great Wall Motors Signs Strategic Cooperation Agreement with Autoliv(502)

2011-7-6

On July 6, Great Wall Motors signed Strategic Cooperation Agreement with the Sweden company AUTOLIV, the largest "automobile occupant safety protection system" manufacturer in the world. According to the Agreement, both parties will enhance the technical communication on active & passive safety and integrated control system on the basis of the cooperation on airbags, seatbelts and other products.

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Full Operations Begin at Toyota Tsusho's Special Steel Processing Company in Shanghai(389)

2011-07-07

Toyota Tsusho Corporation established in April this year Toyota Tsusho (Taicang) Special Steel Processing Co., Ltd. in the vicinity of Shanghai, China, and operations recently started following the 100% capital injection by the company's local subsidiary in China, Toyota Tsusho (China) Co., Ltd.?

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The World's Largest Door System Manufacturer Works with Great Wall Motors(362)

2011-6-30
A few days ago, Great Wall Motors signed a strategic cooperation agreement with German Brose Company-the world's largest door system manufacturer. Brose (China) will cooperate with Great Wall Motors in respect of door lock system, cooling fan and window lifter motor, etc.

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Great Wall Motors Achieves Sales Growth of 39.9% in the first half of 2011(427)

According to the latest automobile production and sales data released by China Association of Automobile Manufacturers on July 8, 2011, the sales volume in the first half of 2011 amounted to 9,325,200 million units, up 3.35% on a year-on-year basis, among which that of passenger vehicles totaled 7.1103 million units, up 5.73% on a year-on-year basis.

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China Auto Parts and Accessories Capital Holding successfully acquires Century Automotive Mfg. Inc.(733)

?

LOS ANGELES, July 16, 2011 /PRNewswire/ -- China Auto Parts and
Accessories Capital Holding, Ltd. (CAPACH) announced today that
it successfully acquired Century Automotive Mfg., Inc. (CAM), a
prominent supplier of auto parts and components in the U.S. The
acquisition has been completed through an equity restructuring. The
signing ceremony was held at the headquarters of Century Automotive
on July 10th. in Los Angeles with the announcement made jointly by
Dr. Zhang Houqi, Vice President of state owned China Auto Parts and
Accessories Corporation and Chairman of CAPACH, and Mr. James
Zhou, CEO of CAM.

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Lamborghini expands brand in China with Macau dealership(284)

Sant'Agata Bolognese, July 18, 2011. Italian supersports car manufacturer Automobili
Lamborghini has opened Lamborghini Macau expanding the Lamborghini network to 15
dealerships in mainland China.

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Dana increases equity stake in China-based operation(326)

MAUMEE, Ohio, July 5, 2011 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) announced today that it has completed two transactions that will enhance its position for further growth in the emerging markets of China and India.

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Audi in China: Best first quarter with more than 64,000 vehicles delivered(352)

Ingolstadt/Changchun, April 6, 2011 - - In the first quarter of 2011, AUDI AG once again recorded significant growth in its largest foreign market: The Company sold a total of 64,122 cars in China and Hong Kong, 24,6 percent more than in the corresponding prior-year period.

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General Motors Sets New March and First Quarter Sales Records in China(244)

2011-04-02

Shanghai - General Motors and its joint ventures in China set new domestic sales records for the month of March and the first quarter of the year.

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Autoliv expands in China, constructs new plant(416)

(Stockholm, March 29, 2011) -- In response to the rapid growth in China vehicle production, Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the worldwide leader in automotive safety systems - has started construction of a completely new factory building in Changchun that will replace the Company's existing plant in this city in Northern China.

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Ricardo signs MoU with Great Wall Motor Co.(330)


The collaboration with Ricardo builds upon Great Wall Motor Company's stated "3-high" strategy, through which the leading Chinese automaker aims to deliver a range of products featuring high levels of performance, luxury and technology.

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Faurecia expands in China with new joint-venture(638)

Nanterre, January 24, 2011
Following Faurecia's ambitious China expansion plans, materialized in 2010 with the
announcement of two major agreements with Xuyang Group and Geely/Limin, Faurecia has
signed a new joint-venture agreement with Ningbo Huazhong Plastic Products Co., Ltd. to
manufacture automotive exterior parts in China. Following the acquisition of Plastal activities
in Germany and Spain in 2010, this international expansion will be the first joint-venture for
the automotive exteriors activity of Faurecia in China.

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D¨¹rr builds an additional paint shop for Chery in Wuhu(291)

03/17/2011
Bietigheim-Bissingen, March 17, 2011 - As general contractor, D¨¹rr is building an additional paint shop for the Chinese automobile manufacturer, Chery Automobile Co. Ltd., at its facility in Wuhu.

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Camaro Officially Named Ke Mai Luo in China(359)

2011-03-22

Earlier today, SGM announced that Chevrolet will introduce the legendary Camaro sports car at Auto Shanghai 2011 in April. The Camaro will have a sonorous Chinese name -- ¿ÆÂõÂÞ (Ke Mai Luo). The Ke Mai Luo with a 3.6-liter engine will be priced around RMB 500,000.

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Baosteel Automobile Steel Sheet Sales Increase 30 percent(461)

2011-1-27
Last year, faced with the ups and downs in the automotive industry and the competitive market situation of automobile steel sheets, Baosteel automobile steel sheet sales increased 30 percent over same period last year, reaching an all time high, exceeding the increase of domestic car sales throughout the year and occupying a solid leadership position in the market.

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Fallbrook Technologies, Shentong to form a joint venture to develop and market NuVinci technology in China(447)

San Diego, Calif., March 14, 2011 -- Fallbrook Technologies (Fallbrook) and Ningbo Shentong Group (Shentong), a Tier 1 automotive supplier to the Chinese automotive industry, have signed a joint venture agreement to develop and market NuVinci? continuously variable planetary (CVP) transmissions for electric-powered passenger cars and light trucks in China and abroad.

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SAAB SIGNS CONTRACT WITH CATC FOR CHINA IMPORT(457)

Zeewolde, The Netherlands, 25 March 2011 - Spyker Cars N.V. (Spyker) announces
that Saab signed an agreement with China Automobile Trading Co. LTD (CATC)
regarding the import of Saab vehicles for the Chinese market. The contract is the
formalization of the memorandum of understanding (MOU) with CATC, which was
signed and publicly announced in December 2010.

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TOP 10 HEADLINES
OF THE LAST WEEK
Beijing must put teeth into its plan to merge state-owned automakers

China's JAC unveils a Ford F-150 pickup clone

VW to start EV production in 2014, exec says

VW Jan. sales fall 9% due to Chinese New Year

GM JV's entry-level sedan gains foothold in China

PSA JV says China sales of Citroen DS cars are on schedule for 2nd quarter

Pang Da to add luxury-car stores in China

Total to supply lubricants to Great Wall's vehicles

Shanghai GM to build plant in central China

Renault plans China car production using Dongfeng's plant

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