In 2008, BYD Auto sold 170,000 vehicles, growing by 89% from 2007, and the company will seek bigger sales growth this year, said sina.com today.
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China has imported 4.05 million vehicles since the country launched its reform and opening-up policy in 1978, xinhuanet.com said yesterday, citing a commerce ministry official.
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Toyota Motor Co will be presenting 45 vehicle models the 2008 China (Guangzhou) International Auto Exhibition on Nov 19 - 25, 2008.
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China might not be able to issue policies in favor of new energy vehicles in a short time, Chinese publication Economic Observer reported.
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FAW Group Corporation, a leading automaker in the country, saw its January-August sales rising 17.1% from the same period last year, reported Xinhua News Agency Wednesday.
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German auto giant Volkswagen is well on the way to selling one million vehicles this year in China, said an executive of VW China on Tuesday when the company presented Volkswagen and Skoda cars as gifts to 15 Chinese Olympic champions, reported xinhuanet.com yesterday.
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China vehicle sales may fall short of a sales forecast of 10 million units this year as consumers' buying power are undermined by slowing economic growth and the slumping stock market, said xinhuanet.com yesterday, citing an industry association.
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Chinese carmaker BYD Auto announced it will get both its output and sales at 800,000 units by 2010, said Beijing Morning Post today.
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Recently the promotional conference for China's automotive parts remanufacturing industry was held in Dongfeng Motor Corp's Xiangfan base, said xinhuanet.com today. This event marked the official launch of the nation's green program of auto-parts recycling and remanufacturing.
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For the fourth consecutive year, MotorSport Vision has teamed up with Renault for the French manufacturer and Formula 1 constructor to supply driving experience and race meeting support vehicles to MSV venues.
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Engineers have created a method that uses pervasive Bluetooth signals from cell phones and other wireless devices to constantly update how long it takes vehicles and pedestrians to travel from one point to another.
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Ford Motor Company today became the majority owner of the former Automobile Craiova vehicle manufacturing complex in Romania.
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