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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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Qijiang Gear and ZF expect to sign JV contract in June

Chongqing Qijiang Gear Transmission (Qijiang Gear), a subsidiary of Chongqing Machinery and Electronics Holding Group (CQMEG), is about to form a transmission joint venture with ZF Friedrichshafen AG (ZF), the world's leading automobile supplier, according to a local news report. As confirmed by Chongqing Municipal Development and Reform Commission (CMDRC),

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