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Latest Automobile industry in China Stories

2011-10-31 05:30:00

HUBEI PROVINCE, China, Oct. 31, 2011 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, announced today that it won the 2011 Excellent Supplier Award from Chrysler Group LLC's China office. CAAS has supplied Chrysler with power steering gears for the award-winning Jeep® Wrangler since 2008. Mr. Hanlin Chen, Chairman of CAAS, commented, "This award is...

2011-10-24 05:30:00

HUBEI PROVINCE, China, Oct. 24, 2011 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its Board of Directors has approved the formation of a joint venture in Brazil to target the largest automotive market in South America. The new joint venture, which will be 80% owned by CAAS's wholly own subsidiary, Hengsheng, will be based in Sao Paulo and...

2011-08-22 07:30:00

WUHU, China, Aug. 22, 2011 /PRNewswire/ -- Visteon Corporation (NYSE: VC) today announced its intention to invest in Wuhu Bonaire Auto Electrical Systems Co., Ltd. (Bonaire), a subsidiary of Chery Technology and a major supplier of climate products to Chinese vehicle manufacturer Chery Automobile Co., Ltd. (Logo: http://photos.prnewswire.com/prnh/20001201/DEF008LOGO) The investment, through one of Visteon's international affiliates, will enhance Visteon's climate product capabilities and...

2011-08-15 19:54:00

LOS ANGELES, Aug. 15, 2011 /PRNewswire/ -- CODA Holdings, a California based leading developer of advanced Lithium-ion power battery systems for its all-electric CODA sedan, EV powertrain and stationary energy storage applications, today announced that it has entered into a Letter of Intent to develop electric vehicles with China's Great Wall Motor Company Limited, using Great Wall models, for distribution worldwide. (Photo: http://photos.prnewswire.com/prnh/20110815/LA52815) (Logo:...

2011-07-29 07:00:00

HUBEI PROVINCE, China, July 29, 2011 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it has regained full compliance for continued listing on the Nasdaq Stock Market ("Nasdaq"). CAAS received a letter on July 26, 2011 from Nasdaq notifying the Company that with the July 22, 2011 filing of the Company's Form 10-Q for the period ended March 31, 2011,...

2011-07-19 09:11:00

ULYANOVSK, Russia, July 19, 2011 /PRNewswire-Asia/ -- Beijing Automotive Group Co., Ltd. (BAIC Group), the fifth largest automotive group in China, today announced the establishment of a joint venture automotive company between two companies operating under BAIC Group, namely the Beijing Automotive Works Co., Ltd (BAW) and BAIC International Corporation, and BAW Motor Corporation (BMC) operating under AMS Auto of Ulyanovsk, Russia. The joint venture is called BAW-RUS Automotive Co., Ltd....

2011-07-18 11:13:00

SHENZHEN, China, July 18, 2011 /PRNewswire/ -- ORB Automotive Corporation ("ORB" or the "Company"), an emerging market leader in manufacturing and distributing bonding solutions, rubber gaskets and sealants, and coolant products for the fast growing Chinese automotive industry, announced today that it has appointed Xiang-Yang Lu as an independent director to its Board. Mr. Lu is a leading pioneer in China's automotive industry. He is the co-founder, Vice Chairman and Non-Executive...

2011-07-16 10:39:00

LOS ANGELES, July 16, 2011 /PRNewswire/ -- China Auto Parts and Accessories Capital Holding, Ltd. (CAPACH) announced today that it successfully acquired Century Automotive Mfg., Inc. (CAM), a prominent supplier of auto parts and components in the U.S. The acquisition has been completed through an equity restructuring. The signing ceremony was held at the headquarters of Century Automotive on July 10th. in Los Angeles with the announcement made jointly by Dr. Zhang Houqi, Vice President of...

2011-04-26 00:00:28

Serves Growing China Automotive Market, Strengthens Global Collaboration Network Shanghai, China (PRWEB) April 25, 2011 DuPont today announced the opening of the DuPont Automotive Center to provide "one-stop" design and application development services for the rapidly growing China automotive market. Located at the DuPont China Research & Development Center in Shanghai, the facility further enhances the network of global automotive application development centers designed to strengthen...

2011-03-30 10:00:00

JINZHOU, China, March 30, 2011 /PRNewswire-Asia-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or "the Company") (Nasdaq: WATG), a leading manufacturer of automotive electrical parts, safety products, suspension products and engine accessories in China, today announced that its subsidiary, Jinan Worldwide Auto-Accessory Limited Company ("Jinan Worldwide"), was awarded the "Leading Engine Valve Company of Chinese Automobile Parts Industry" by the China Association of Automobile...