NEWS Website
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ur-day stay in Thailand, the

he rush to manufactur▓e more new energy vehicles will translate to comparable sales to consumers.Ac▓cording to statistics, more than 30 Chinese automakers in recent year▓s have invested in research and development of cars fueled by alter

native energy or electricity.Shanghai Automotive Industry Corporation Group (SAIC), China's largest automaker, in Ju

Chinese premier▓ also at

ina-ASEAN (10+1)

image leaders' meetin

ly announced plans to invest 12 billion yuan in research and ▓development of hybrid engines. SAIC plans to begin manufacturing its own▓ brand of fuel-saving cars in 2010, the company sai

makers are gearing up to enter the E

uropean ma

imagerket after testi

d.According to SAIC, the first model will be a hybrid Roewe 750, which consumes 20 percent less gasoline.Altogether, the company will invest in 41 major projects, including hybrid and electric

rking their overseas str
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strategy by Ch

cars.Dongfeng Motor Group, China's third-largest automotive company, will cooperate with the Dutch electric car startup Detroit Electric to research, develop and sell electric vehicles in ChinaChongqin

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han within the same pe

g Chang'an Automobile Group recently an▓nounced that it is creating a new manufacturing base with an investment of 2.5 billion yuan for▓ alternative energy vehicles.The new manufacturing base will help Chan

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carmakers can be

g'an Motors produce 300,000 alternative energy cars and 1 million engines per year after manufacturing begins in 2012, according to the company.BEIJING, April 17 -- Geely Automobile Holdings (HKSE: 0175), China

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y 2020. "Nothi

's biggest private automaker, said yesterday that its net profit jumped almost three times last year thanks to increased stakes in its operating units in China.Geely Automobile published its annual stat

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crash test for Brilliance

ement on April 16. The report said its net income rose 191 percent, reaching 879 million yuan (HK$996 million) in 2008.The majority o▓f the growth came from the acquisition of five of its associated companies.In

pectation is twice the 5

tructuring and r

evitalization plan announced in

Posted by January.With China in 's vehicle out
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15:00 January 25th, 2020

pu▓t expected to surpass 10 m

Posted by illion units this in year, domestic
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13:00 January 21st, 2020

automak

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June 2008▓, Geely Automobile spent a total sum of 1.55 billion yuan (HK$1.611 billion) to buy 44.19 percent of its five associated c

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ers are eager
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