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Schaeffler and CPS agree strategic partnership

HERZOGENAURACH, Germany – Schaeffler and CITIC Pacific Special Steel (CPS) signed a strategic partnership agreement here to strengthen their business relationship both economically and technologically, according to a news release by Schaeffler on March 31. The Chinese CITIC Pacific Special Steel Group is China’s largest manufacturer of special steel. CPS

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IHS Markit: China light vehicle sales to hit 30 million units in 2020

SHANGHAI – Industry consultancy IHS Markit said in an analysis and commentary on April 5 prior to the Shanghai Motor Show 2017 that China’s light vehicle production and sales are expected to each hit 30 million units in 2020, as rising demand lures new and existing players to fight for

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China VI emissions standards for diesel vehicles to take effect January 1, 2020

BEIJING – China’s Stage 6 (China 6) emissions standards for diesel vehicles is expected to go into effect nationwide on January 1, 2020, according to the Limits and Measurement Methods (China Phase VI) for Emissions from Compression-Ignition and Spark-Ignition Engines and Automobiles (Draft to Solicit Comments) released by the Ministry

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