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BYD drives to list on Shenzhen Bourse
Source: Shanghai Daily Published: June/10/2011 09:57 Comment
China's battery and car maker BYD Co yesterday posted its initial public offering prospectus as it moves ahead with its yuan-backed A-share listing on the Shenzhen Stock Exchange later this year.
Volvo recalls 2337 imported vehicles in China
Source: Xinhua Published: June/09/2011 09:41 Comment
Volvo began recalling 2,337 vehicles in China on Wednesday to fix problems that could pose safety risks, China's quality watchdog said.
Automakers report May sales slump
Source: Global Times Published: June/08/2011 09:44 Comment
Several automakers reported a drop in sales in May Tuesday, but experts believe that sales will recover, fuelled by increasing demand in the world's largest auto market.
Toyota set to resume full output
Source: Shanghai Daily Published: June/07/2011 08:38 Comment
The president of Toyota Motors said on Saturday he expects the auto maker to resume full production globally in November and its Japanese output is expected this month to recover to 90 percent of levels seen before a March earthquake.
Toyota China sales down
Source: Global Times Published: June/03/2011 09:30 Comment
Toyota Motor said Thursday that it sold 38,500 cars in China during May, 35 percent less than a year ago, as a result of the car parts shortage caused by Japan's devastating earthquake and tsunami in March.
Toyota to recall Prius vehicles globally over safety concern
Source: Xinhua Published: June/02/2011 08:47 Comment
Toyota Motor Corporation on Wednesday announced that it will recall 106,000 vehicles around the world to replace the electric power steering pinion shaft attachment nuts.
Japan's auto production plunges 60.1% in April
Source: Xinhua Published: June/01/2011 10:07 Comment
Japanese automobile production plummeted a record 60.1 percent from a year earlier in April, due to the shortage of parts and damage to facilities following the March 11 earthquake and tsunami.
New Tiida Qida hits the market
Source: Published: May/31/2011 09:14 Comment
The new generation Nissan Tiida Qida compact has officially hit the market late last week, the Beijing News reported Tuesday.
Volvo Cars to hire 600 new workers
Source: Agencies Published: May/30/2011 09:41 Comment
Geely Holding Group's Swedish unit Volvo Cars says it is going to hire 600 workers at its plants in Sweden and Belgium as it ramps up production of some of its latest car models thanks to strong demand.
Honda North American production to reach 100% in August for most models
Source: Xinhua Published: May/27/2011 09:33 Comment
Japanese automaker Honda on Thursday announced plans for the accelerated recovery of its auto production in North America, after the March 11 earthquake and tsunami in Japan seriously disrupted auto parts supply.
Chang'an Ford to conduct three strategic investments in Chongqing Plant
Source: Globaltimes.cn Published: May/26/2011 16:53 Comment
At the 2011 Ford Fiesta listing conference held on May 20, Marin Burela, the president of Chang'an Ford Automobile Co., Ltd., announced three important strategic investment plans for the company, according to a report from Finance News on Thursday.
Chrysler pays back loans from US and Canada government
Source: Xinhua Published: May/25/2011 09:20 Comment
Chrysler Group LLC confirmed Tuesday that it has paid back 7.6 billion dollars US and Canadian governments loans, which helped save the company from financial disaster in 2009, indicating another key step in the revival of the automaker.
Toyota cars to be driver's 'friend' in social network
Source: Global Times Published: May/24/2011 09:31 Comment
Toyota Motor Corp and cloud computing company Salesforce.com Inc will build a social network service that enables owners to become "friends" with their cars and get friendly, tweet-like reminders for maintenance checks and notices.
Toyota's output back in 'healthy position'
Source: Shanghai Daily Published: May/23/2011 09:40 Comment
Toyota Motor Corp told its United States dealers last week that the company had 45 days of inventory and was working hard to get the word out that it was "open for business."
Rapid growth expected for China's tire industry
Source: Published: May/21/2011 09:29 Comment
As China has risen to become the largest auto market in the world, it is no surprise that such auxiliary industries such as tires are also booming.