Home > 2010 > May

Weichai Power’s uphill battle in controlling Shaanxi Heavy-Duty Automobile

On May 10, 2010, China Business reported that the provincial government of Shaanxi unofficially approved for engine manufacturer Weichai Power Group (Weichai) to acquire 100 percent of Shaanxi Heavy-Duty Automobile (Shaanxi Heavy- Duty). According to the report, which was based on an anonymous source from the State-owned Assets Supervision and

| | | Read More

Belgium’s Flanders region to attract Chinese automakers

BEIJING - Belgium's Flanders region could be a potential destination for Chinese automakers to set up their European operations as they seek to expand their footprint overseas. "The two most important automotive markets at this moment are China and India, and China is my first target," said Kris Peeters,

| | | | | | | | Read More

Shanghai curtains up Busworld Asia 2010 with green themes

SHANGHAI - Busworld Asia 2010 was held in Shanghai New International Expo Center on May 6-8, under the theme of "Green Bus, Green City." Taking up a total area of 25,000 square meters, leading busmakers including Yutong Bus (Yutong), Higer Bus (Higer), Huanghai Bus under SG Automotive Group (Huanghai), Zhongtong Bus (Zhongtong),

| | | | | | | | Read More

Large and medium bus market thrives in the first four months

- by Wang Jian In 2010, the bullish market for large and medium buses so far has leaped beyond expectations of manufacturers and analysts, growing faster than predicted. Spokespeople from leading busmakers such as Yutong Bus Corp. (Yutong), Ankai Auto (Ankai), Xiamen King Long United Auto (King Long) and Higer

| | | | | | | Read More

Qijiang Gear and ZF expect to sign JV contract in June

Chongqing Qijiang Gear Transmission (Qijiang Gear), a subsidiary of Chongqing Machinery and Electronics Holding Group (CQMEG), is about to form a transmission joint venture with ZF Friedrichshafen AG (ZF), the world's leading automobile supplier, according to a local news report. As confirmed by Chongqing Municipal Development and Reform Commission (CMDRC),

| | | | | | Read More

Foton eyes international development by developing KD partnerships

On April 27, China National Heavy-Duty Truck Group Co., Ltd. (Sinotruk) loaded 500 units of its HOWO A7 vehicles onto a ship from Qingdao to Port Cabello, Venezuela. The consignment ceremony took place at the port of Qingdao. The deal is the first large-scale export for a Chinese heavy-duty truck

| | | | | | Read More