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China adds four cities as new export bases

BEIJING – China’s Ministry of Commerce announced on September 21 that four Chinese cities, namely, Guangzhou (Guangdong), Hefei (Anhui), Baoding (Hebei) and Liuzhou (Guangxi) have been selected as second-tier export bases for automobile and auto parts, according to a report in China Business News.  Just a year ago, China designated

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JAC to seek new investment

HEFEI, Anhui – Jianghuai Automobile Co., Ltd. (JAC) is considering injecting fresh blood into the company since it's about to complete its ownership restructuring in 2008.  Investments from auto-related groups are most welcomed, according to Wang Min, secretary of JAC's board. Multiple investors are interested in the partnership, including the

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Donfeng lays cornerstone for independent car base

WUHAN, Hubei – Dongfeng Motor Corp. (DFMC) held a cornerstone-laying ceremony for its independent car production base located in the Wuhan Economic & Technological Development Zone on September 19. DFMC's president Xu Ping, Dongfeng Motor Co., Ltd. (DFL)'s Board Directors Liu Zhangmin and Tong Dongcheng, other senior company executives and local government officials

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Chrysler China launches Jeep Compass

BEIJING – Chrysler China on September 15 launched the Jeep Compass to be sold as an imported SUV with the Chinese name "Zhinanzhe". Simultaneous sales will begin in Beijing, Shanghai and Shenzhen.  With prices ranging from ¥249,900 ($32,800) to ¥289,900, the Compass has the potential to become a competitor to the

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Energy conservation, environmental protection dominate conference in Tianjin£¨1514£©

TIANJIN – More than 600 representatives from government, industry, research centers and environmental protection organizations gathered at the two-day 2007 International Forum of China Automotive Industry Development (IFCAID) in early September. Besides discussing the macro trends in China's auto industry, most speakers at the conference focused on sustainable development in terms of

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