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Yutong completes world’s first sleeper bus rollover test

BEIJING – Yutong Group, China’s leading manufacturer of large and medium buses, recently completed and passed the world’s first sleeper bus rollover test at the Tongzhou Testing Ground of the Ministry of Transport, according to a company news release. The 12-meter-long ZK6122HW9 sleeper bus met all relevant national standards and

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Sany Auto Finance opens for business

CHANGSHA, Hunan – Sany Auto Finance Co., Ltd., China’s first automotive financing company dedicated to the country’s engineering machinery and equipment industry, officially opened for business here on December 8, 2010. The new company has registered capital of ¥800 million ($120.5 million) and will mainly provide retail and wholesale credit,

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China’s auto import market to increase 20 percent in 2011

BEIJING – China’s automobile import market is expected to grow 20 percent in 2011, with about 800,000 vehicles to be imported, higher than the estimated growth rate of domestic-made vehicles, according to reports released by the China Automobile Trading Co., Ltd. (CATC) on December 26, 2010, auto.people.com reported. China’s

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Standardization key to industrialization of new energy vehicles

BEIJING – At the 2010 Annual Meeting of Chinese New Energy Vehicle Development organized by www.d1ev.com on December 26-27, 2010, speakers and attendees from government institutions, manufacturers, academia and research institutions discussed and exchanged their perspectives on policies, regulations, technologies and development trends of China’s new energy vehicle industry. One

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Diesel vehicles an alternative energy-saving approach, suggest industry professionals

BEIJING – The Energy-Saving and Emission-Reduction Forum of China Auto Industry was held at the Beijing National Convention Center on December 28, 2010. Government authorities, industry analysts, academic professionals and enterprise executives gathered together to discuss the energy-saving and emission-reduction targets of China’s 12th Five-Year Plan (2011-2015) and the sustainable

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