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Beijing’s auto restriction policy prospers vehicle rental market

BEIJING – Beijing’s car rental market boomed during this past Chinese Spring Festival holidays. At the end of 2010, the city issued an auto restriction policy to tackle traffic gridlock. Prospective car buyers now need to submit applications and participate in a lot-drawing to get quotas. Zealous consumers went crazy

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Fallbrook’s Shanghai headquarters to supply EV transmissions

− by Mac Gordon San Diego − An advanced automotive transmission is being developed by a Chinese-American firm, with the support of the government of Shanghai's Yangpu District and the expertise of one of the U.S. auto industry's influential figures, Dr. David E. Cole, son of a former General Motors

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