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“One Belt One Road” to facilitate Chinese automakers to go global

“One Belt One Road” (“OBOR”) initiative will facilitate Chinese automakers to go global, according to Wang Shunsheng, assistant to president of GAC Motor and director of International Business Department. Wang believes that the automotive industry will develop faster based on better infrastructure benefiting from the “OBOR” initiative which involves many

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Dongfeng, PSA may expand operations in Russia, Brazil

China’s Dongfeng Motor and France’s PSA-Peugeut-Citroën recently finalized their strategic alliance agreement. Management indicated that not only would the company work together on the Asia-Pacific markets, but that they also hope to expand in Russia, Brazil and other emerging markets. The group’s next stop: Russia? Brazil?  Dongfeng and PSA signed

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Hawtai Motor speeds up expansion into overseas market

BEIJING – Hawtai Motor is speeding up expansion into overseas markets through building plants and improving sales networks in foreign countries, reported Internet Info Agency. Hawtai has built plants in Angola, Russia and North Korea and is planning to set up manufacturing facilities in Burma, Mozambique, Madagascar and Sierra Leone.

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King Long signs agreement with Russian Victor Transportatio

  SHANGHAI – Xiamen King Long United Automotive Industry Co., Ltd., a well-known Xiamen-based domestic bus manufacturer, signed a strategic cooperation agreement with Russia’s largest travel and transport company, Victor Transportation, and a Russian local motor dealer, Euro-Asian Transport, on November 16 in Shanghai, according to a company press release.

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