Subaru executives were…Read More →
General Motors and its joint ventures set a new August sales mark in China, sales rose 7.3% from the previous August and 10.8 percent from July to 220,996 units in total.
All three of GMâ€™s key manufacturing joint ventures set sales records for the month. Shanghai GMâ€™s domestic sales were up 11.7 percent on an annual…Read More →
From China Daily:
Rather than set up more joint ventures overseas, China Changan Automobile Group Co Ltd, China’s largest national auto brand measured by output, is trying to introduce its independently made products and brands to other countries.
“We are looking at building automobile assembly plants in foreign markets including Russia…Read More →
From Market Watch:
Sales in China by Volkswagen AG and its joint ventures rose 15.6% in the first quarter from a year earlier, due to strong demand for its Audi and Volkswagen brands.
Sales in China, Hong Kong and Macau by Volkswagen Group China and its joint ventures totaled 633,800 cars in the first three months of the year, Volkswagen…Read More →
The first application for an automotive joint venture came in 1983, a brave American company called AMC thought that the Chinese market might be a good place to sell its Jeep Cherokee line up, by 1983 they had nailed the contract and were ready to build, a few months later Volkswagen got the similar deal and became the first car maker in China – with…Read More →