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Continental launches transmission controller production line

TIANJIN – Continental announced recently that its second CAP (China Asia Production) line has started mass production. The line is dedicated to the production of “EAST” Transmission Control Unit (TCU), a customized product for the local market from Continental Transmission Business Unit. “Along with the great growth of automotive market

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Hubertus Troska’s tenure in China extended

STUTTGART, Germany – Daimler AG’s supervisory board extended the contract of Hubertus Troska, the board of management member responsible for Greater China, until December 31, 2020. “We are happy to be continuing our outstanding partnership with Hubertus Troska,” said Dr. Manfred Bischoff, chairman of Daimler AG’s supervisory board, and Dr.

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China to beef up consumer credit rating

China is to beef up consumer credit rating, according to a circular, “Notice on Preparatory Work to Conduct Consumer Credit Rating,” issued earlier this year by the People’s Bank of China. The country’s Central Bank designated eight credit-rating companies in the Notice to get ready for operation within six months.

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