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AVIC's auto division to integrate Changhe, Hafei

Shanghai, March 17 (Gasgoo.com) Aviation Industry Corp of China (AVIC), the country's aviation giant, officially launched its auto division in Beijing on March 13, the National Business Daily reported. The new company will consist of Hafei Auto, Changhe Auto, Dongan Power and some other auto or auto-parts businesses of AVIC.

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Changan Ford to boost small-car development

Shanghai, March 16 (Gasgoo.com) Changan Ford Mazda Automobile Co plans to enhance its small vehicle development and market expansion in tier-2 and tier-3 cities, Guangzhou Daily reported today, citing sources.

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Geely production in Russia halted by higher tax

Shanghai, March 16 (Gasgoo.com) Production of Geely vehicles at Ural Automobiles and Motors in Russia has been suspended for at least 9 months due to the introduction of new import duties on auto parts, Russia media reports.

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China outperforms U.S. again in Feb auto sales

Shanghai, March 16 (Gasgoo.com) After overtaking the United States in January auto sales for the first time, China extended its lead as the world's largest auto market in the second straight month this year, xinhuanet.com said today.

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China Feb passenger car sales grow 33% y/y

Shanghai, March 9 (Gasgoo.com) China's passenger car sales in February grew 33% year-on-year, boosted by government incentives including lower purchase tax for small cars, an industry group said on Friday, according to Reuters.

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