Home > 2006 > February

Prius hit the Chinese market

Beijing – Toyota Prius, the first home-made hybrid car, hit the market in Beijing on January 15, according to the company news release. The prices for the cars in the Chinese market are ¥288,000 ($35,688) and ¥302,000, depending on whether it has leather seats. Toyota expects to sell 3,000 Prius

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Auto sales up 13.54 percent in 2005

Beijing – China produced 5.7077 million units of automobiles in 2005, up 12.56 percent from that in 2004. Sales outpaced output by about 50,000 units to 5.7582 million units, up 13.54 percent, signaling a healthy reduction of inventory, according to statistics from CAAM. CAAM predicts that China’s automobile market is to

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Prices of Peugeot 206 and Lifan 520 announced

WUHAN/CHONGQING – Retail prices of the Peugeot 206 made by Dongfeng-Peugeot-Citroën and the Lifan 520 made by Lifan Industry Group were announced on January 19. The 1.6L Peugeot 206 has four variants priced from ¥86,800($10,850) to ¥108,800, while the Lifan 520, also a 1.6L model powered by a Tritec engine, is

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GM China seeking new cooperative partner

General Motors, the U.S. partner of Shanghai Automotive Industry (Group) Corporation (SAIC), is reportedly gearing up to find a second cooperative partner in China, according to local media reports.A recent news story published in Zhongguo Jingying Bao (China Business) said that the likely candidate might be Jianghuai Automobile, one of

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