Manufacturing
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- By David Cao
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SAIC Motor, a Shanghai-listed subsidiary of leading Chinese automaker Shanghai Automotive Industry Corporation (SAIC), reported a 47 percent year-on-year growth in complete vehicle sales during the first nine months of this year, exceeding 1.94 million units.
September sales soared 90.7 percent from a year earlier to over 260,000 units.
SAIC Motor said passenger vehicle sales exceeded 150,000 units in September, while commercial vehicle sales surged by 91 percent year on year.
Shanghai GM, its joint venture with US-based General Motors, sold 71,566 complete vehicles in September. Sales in the first three quarters climbed 40.4 percent to 480,202 units.
In another joint venture, SAIC-GM-Wuling Automobile posted sales of 100,635 units in September. Sales in the January-September period jumped 64.5 percent to 801,869 units.
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- By Chinadaily.com.cn
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To meet the challenge of increasing investment by global brands and fierce competition in the world's most robust car market, Chery Automobile Co, the largest independent Chinese carmaker, plans to build a 200,000-unit plant in northeastern port city of Dalian to make vehicles for both domestic and overseas markets.
Company spokesman Jin Yibo told China Daily that total investment in the Dalian plant, Chery's first domestic facility outside its home base in eastern city of Wuhu, would exceed
¥4 billion ($588 million) after initial investment of ¥2 billion.
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- By David Cao
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The Dongfeng Fengshen S30 hatchback measures 4,268 x 1,740 x 1,482 mm with a 2,610 mm wheelbase which is the same length as the S30 sedan.
Featured with a N6A 10FX3A PSA engine, the sporty sedan can reach a maximum of 78kW power and 142Nm torque, and its highest speed is 170km/h. The difference between the S30 hatchback and the sedan is the former's chrome plated bar is set in the radiator grille.
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- By David Cao
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Chongqing Changan Automobile Co Ltd. expects its net profit in the first three-quarters of 2009 to increase 133 to 150 percent year-on-year to 800 million yuan to 860 milillion yuan, it said October 13.
Read more: Changan expectes 133% growth in net profit from Jan to Sep
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- By David Cao
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As the first model of Geely Geagle, Panda is going well and provides various models including 1.3L, 1.0L and AT model.
Now Geely Geagle is going to provide Mini Car, AO Sedan, SUV, MPV. But the next production model is SUV.