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Latest Automobile industry in China Stories

2009-05-26 04:00:00

ALLEN PARK, Mich., May 26 /PRNewswire-FirstCall/ -- DIAS Holding, Inc. (OTC Bulletin Board: DSHL), owner and operator of the Detroit International Auto Salon (DIAS), with 300,000 square feet of exhibition space for Asian companies to display their abilities as component resources, and Asia Forging Supply, maintaining a decade long record of success as a one-stop supplier for the auto and other industries, today announced that it has reached agreement with Guangzhou Auto Parts and Accessory...

2009-05-14 07:00:00

BEIJING, May 14 /PRNewswire-Asia/ -- On April 19, 2009, Mr. Yao Jingyuan, Chief Economist of the National Bureau of Statistics of China delivered the "China Automotive Industry Climate Index" at the Summit Forum 2009 of the 13th Shanghai International Automobile Industry Exhibition. The "China Automotive Industry Climate Index" was developed jointly by the China Economic Climate Monitor Center of the National Bureau of Statistics of China and Sinotrust, the largest automotive...

2009-05-05 02:44:00

SHANGHAI, May 5 /PRNewswire/ -- Held on April 22-28, the 13th International Automobile Industry Exhibition has become one of the most important global automotive industry events. 'Green' vehicles seem to be one of the highlights of the just-concluded show. In response to the alleviation of oil dependence and ever-increasing emission problem, the OEMs have been banking on 'green' cars as the long-term strategy for sustainable mobility. This trend does not only happen to global manufacturers,...

2009-04-14 07:24:00

WUHAN, Hubei, China, April 14 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that the research and development ("R&D") center of its subsidiary, Jingzhou Henglong Automotive Parts Co., Ltd. (Henglong), has evolved into the leading automotive steering technology research operation in China, as China Automotive Systems enters the global market for automotive steering systems....

2009-04-10 13:05:22

China's vice minister of finance, Zhang Shaochun, says the government's support of electric cars will focus on subsidies for car-buyers. The fiscal subsidy gives voting rights to the consumer, he said at a conference in which officials explained China's plans for pushing the use of electric vehicles, The New York Times reported Friday. China plans to invest $1.46 billion in electric-car research, but will put most of the subsidies in the hands of consumers, rather than car companies,...

2009-04-07 06:00:00

WUHAN, Hubei, China, April 7 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that its subsidiaries, Jingzhou Henglong Automotive Parts Co., Ltd. (Henglong) and Shashi Jiulong Power Steering Co., Ltd. (Jiulong) both were awarded the status of being a High-Tech Enterprise from the government. This status qualifies the Company's two subsidiaries to receive a preferential income tax rate of...

2009-03-16 07:00:00

WUHAN, China, March 16 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that its wholly owned subsidiary, Jingzhou Hengsheng Automotive System Co., Ltd. (''Hengsheng''), hosted a visit of senior government officials and welcomed the government's policy support for the auto industry. The officials from the Hubei Provincial Government and the Hubei Provincial Ministry of Technology...

2009-03-16 07:00:00

SHANGHAI, March 16 /PRNewswire-Asia/ -- As one of the most important global automotive industry events in 2009, the 13th International Automobile Industry Exhibition ("AUTO SHANGHAI 2009"; http://www.autoshanghai.org ), will be held on April 22-28, 2009 at the Shanghai New International Expo Centre under the theme "Art of Innovation". The total show space, estimated 170,000 sqm, is going to hit the historical record of the Auto Shanghai since its first appearance in 1985. Auto Shanghai...

2009-03-16 07:00:00

SHANGHAI, March 16 /PRNewswire-Asia/ -- As one of the important global automotive industry events in 2009, the 13th International Automobile Industry Exhibition ("Auto Shanghai 2009"; http://www.autoshanghai.org ) will take place from April 22-28, 2009 at the Shanghai New International Expo Centre under the brand new theme "Art of Innovation". Amid a global economic downturn, the China automotive market becomes a crucial marketplace for automobile manufacturers. Auto Shanghai 2009 will...

2009-03-11 07:59:00

WUHAN, China, March 11 /PRNewswire-Asia/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that Shashi Jiulong Power Steering Automotive Co., Ltd. (''Shashi Jiulong''), CAAS's subsidiary specializing in producing power steering systems for commercial vehicles in China, recovered its production to normal levels in February 2009 and expects to produce 45,000 units of power steering in March 2009, a new record...


Word of the Day
callithump
  • A somewhat riotous parade, accompanied with the blowing of tin horns, and other discordant noises; also, a burlesque serenade; a charivari.
'Callithump' is a back-formation of 'callithumpian,' a 'fanciful formation' according to the Oxford English Dictionary. However, the English Dialect Dictionary, says 'Gallithumpians' is a Dorset and Devon word from the 1790s that refers to 'a society of radical social reformers' or 'noisy disturbers of elections and meetings.'
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