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Wang Xiangyin appointed president of Hawtai Motor Group

BEIJING – Wang Xiangyin, former vice president of Beiqi-Foton, has moved to Hawtai Motor Group as its new president in charge of the group’s management and operation, reporting directly to chairman of Hawtai Holding Group, according to a report on auto.sina.com.cn, citing company information. Wang Guozhu, former vice director of

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Elusive future of Kaiyi Auto

With a registered capital of ¥2 billion ($321.2 million), Wuhu Kaiyi Automotive Co., Ltd., a joint venture between Anhui Jiangbei Development Co., Ltd., Chery Commercial Vehicle Co., Ltd. and Wuhu Construction Investment Co., Ltd., was established in late January. Kaiyi Auto, also known as Chery’s “Jiangbei Project” since it will

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