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Chinese suppliers look for opportunities in India

NEW DELHI – Despite India’s sluggish commercial vehicle market due to industrial slowdown and rising diesel prices, Chinese suppliers are attracted to the future prospects of Asia’s second largest emerging automobile market. As witnessed by the growing number of participating Chinese exhibitors at the 12th Auto Expo held on February

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Heavy-duty suppliers see surge in production and sales in the first half of 2010

While commercial vehicle OEMs welcomed an unexpected sales boom between January and June, leading auto components makers have also celebrated sharp growth in the first six months of 2010. Transmission producers Shaanxi Fast Gear (Fast Gear) and Shaanxi Hande Axle (Hande Axle), both controlled by Weichai Group, reported triple-digit increases in production and

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Weichai Power to inject more funds for new production facilities in Shaanxi

Weichai Power is to invest ¥5 billion ($735 million) into Shaanxi Province in the next three to five years to establish a heavy-duty truck manufacturing center for its subsidiary Shaanxi Automobile (Shaanxi Auto) and a component production center for its transmission producing subsidiary Shaanxi Fast Gear (Fast Gear), according to

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