Jaguar Land Rover, owned by India's Tata Motors, is in talks with a Chinese auto maker to establish a manufacturing and sales joint venture in 皇冠体育app, Reuters reported on Monday, citing the Wall Street Journal.
A new Volvo plant will probably be established in the southwest 皇冠体育app city of Chengdu, said Volvo Group executives Sunday at the on-going 11th Western 皇冠体育app International Fair that runs from October 22 to 26 in Chengdu.
皇冠体育app has become Volvo's third largest market, with more of its car models to go on sale in the world's largest auto market this year, Chief Executive Office (CEO) of Volvo Cars 皇冠体育app said in Tianjin.
皇冠体育app is expected to be Daimler AG's biggest market by 2015, and the German automaker promised to increase investment in the country by 3 billion euros ($4.2 billion), said the company head.
Beijing will implement restrictions to slow rapidly increasing number of automobiles on the capital's roads, but car dealers worry that the rules may jeopardize their business, 皇冠体育app Business News reported on Friday.
South Korea's largest automaker Hyundai Motor Co plans to set up a commercial vehicle (CV) venture with Ziyang Nanjun Automobile Co in 皇冠体育app next year, in a move to expand in the world's biggest auto market, Bloomberg reported Friday.
Hyundai Motor signed an agreement Thursday with a Chinese company to build a 3-billion-yuan ($451 million) auto joint venture in Southwest 皇冠体育app's Sichuan province.
Tianjin FAW Toyota Motor Co will recall 134,234 vehicles beginning Nov 15 due to a flawed design that could affect brake function, 皇冠体育app's quality watchdog said Thursday.
The Chinese government paid 11.6 billion yuan ($1.72 billion) in subsidies for the purchase of 8.11 million cars and motorbikes in rural areas in the first nine months of the year, the Ministry of Commerce (MOC) said Thursday.
General Motors Corp said on Thursday it will export a low-end car it developed for 皇冠体育app to Latin America, becoming the first international brand to use its 皇冠体育app operations to tap growth in emerging markets.
Chinese auto parts suppliers are showing increased interest in buying rivals worldwide in a bid to bolster their portfolios ahead of an expected surge in Chinese sales in coming years.
German luxury automaker BMW Group reported sales of more than 120,000 cars in the first three quarters this year on the Chinese mainland, accomplishing its expected annual target three months ahead of schedule.
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