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Analysts fear extrem profit squeeze

SHANGHAI - Industrialists are optimistic about the future of China's auto industry growth volume, but business analysts at a luncheon sponsored by the China Daily had grave questions about profitability. "We continue to be quite bullish about the Chinese economy and growth of the industry," said Paul Gao of McKinsey &

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Renault trucks on the Silk Road

Background In April, Renault Trucks launched a 20,000 km, 10-week convoy of six Renault Kerax trucks and two Renault Sherpas from Lyon, France, to Beijing, China. Lyon was Europe's leading silk manufacturing center when the Silk Road was a journey requiring years. Silk Road 2005 will cross 13

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Shanghai-GM to Launch Buick Royaum

Shanghai-GM held a ceremony in Beijing on December 17 of last year to introduce its new vehicle model, the Buick Royaum. The model is based on GM Holde's Statesman and is billed as Shanghai-GM's flagship car model catered to high-level business executives. The model will come in a GS 3.6L

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