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Latest Automobile industry in China Stories

2011-03-24 06:12:00

HUBEI, China, March 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 subsidiary, Wuhu HengLong Auto Steering System Co., Ltd., received the "2010 Annual Best Parts Supplier" award from Chery Automobile Co., Ltd. Leveraging its stable and reliable supply chain management, superior product and service quality, the Company was selected...

2011-03-22 09:05:00

HUBEI PROVINCE, China, March 22, 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 subsidiary, Wuhan Jielong Power Steering Co. Ltd., is receiving growing interest in its electric power steering ("EPS") systems in the large Chinese automotive market. For 2010, sales of the Company's EPS products reached approximately 40,000 units and CAAS...

2011-03-22 05:30:00

SHENZHEN, China, March 22, 2011 /PRNewswire/ -- Cogo Group, Inc. (Nasdaq: COGO), ("Cogo") a leading gateway for global semiconductor companies to access the industrial and technology markets in China, today announced the addition of a new automotive customer, Great Wall Motor Company Limited ("Great Wall"), to its portfolio. This win follows Cogo's recent automotive customer wins with BYD (November 2009), Geely (June 2010) and Chery (November 2010), and Cogo now serves four of the largest...

2011-03-15 22:24:00

TROY, Mich., March 15, 2011 /PRNewswire/ -- Shanghai Inteva Automotive Door Systems, a joint venture of Inteva Products and Shanghai SIIC Transportation Electric Company, Ltd., was honored by Chinese automaker Shanghai Automotive Industry Corporation Group (SAIC) as the Excellent Engineering Development Supplier for 2010. Only 13 suppliers out of 680 were named for the 2010 SAIC Best Supplier awards. "We are honored to be recognized by SAIC for our excellence in engineering," said Richard...

2011-03-14 07:00:00

SAN DIEGO, March 14, 2011 /PRNewswire/ -- Fallbrook Technologies (Fallbrook) and Ningbo Shentong Group (Shentong), a Tier 1 automotive supplier to the Chinese automotive industry, have signed a joint venture agreement to develop and market Fallbrook's NuVinci® continuously variable planetary (CVP) transmissions for electric-powered passenger cars and light trucks in China and abroad. The joint venture, named "Shentong Fallbrook CVT Company, Ltd.," will operate out of...

2011-03-03 08:30:00

SHANGHAI, March 3, 2011 /PRNewswire-Asia/ -- In 2010, China's automobile sales topped 18 million, again surpassing the US to keep its place as the world's largest auto market. At the same time, China has also shown its prowess in automobile production, becoming the world's largest car producer. Although the average value of Chinese vehicles is below that of more mature markets, the country's auto parts market can stand head-to head with the world's best. Analysts believe that a rapidly...

2011-02-28 06:00:00

SANTA ROSA, Calif., Feb. 28, 2011 /PRNewswire/ -- Electric car pioneer ZAP (OTC Bulletin Board: ZAAP), headquartered in Santa Rosa, California, and its majority owned subsidiary Jonway Automobile, are pleased to announce the appointment of Benjamin Zhu (Zhu Li Dong) as the Chief Financial Officer of ZAP and Jonway Automobile. Benjamin Zhu joins ZAP and Jonway Automobile March 1st, 2011. William Hartman, current CFO of ZAP will complete the year-end 2010 audits and the consolidated report...

2011-01-26 09:34:00

WILMINGTON, N.C., Jan. 26, 2011 /PRNewswire/ -- Guilford Performance Textiles, Inc. ("Guilford") today announced the company has entered into an agreement with NNG, a subsidiary of YanFeng, Inc., one of China's leading automotive interior manufacturers serving the nation's automotive industry, creating a joint venture to provide textiles to the Chinese automotive industry. The new venture, Anhui Guilford Automotive Interiors Co., Ltd. ("Anhui Guilford"), is located in the city of HuaiNan...

2011-01-25 07:00:00

BEIJING, Jan. 25, 2011 /PRNewswire-Asia/ -- China Economic Monitoring Center of China National Bureau of Statistics and Sinotrust International Information & Consulting (Beijing) jointly released the "2010 Q4 China Automotive Industry Climate Index." 1. The Comprehensive China Automotive Industry Climate Index registers 103.2 points The China Automotive Industry Climate Index recorded 103.2 points in Q4 of 2010 (2001=100), down 1.6 point over the pervious quarter. Continuing Q3's...

2011-01-10 07:48:00

DETROIT and BERLIN, January 10, 2011 /PRNewswire/ -- Statement by Matthias Wissmann, President of the German Association of the Automotive Industry (VDA), at the VDA press conference in Detroit on Monday, January 10, 2011: The most important automotive trade show in North America is taking place at a good time: the US market is benefiting from a tailwind, and in the year 2010 the light vehicle market expanded by 11 per cent to almost 11.6 million vehicles. Of course we have not yet...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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