Cars
Hyundai Will Build Two More Plants in China
Hyundai has announced plans to build two more plants in China with local partner BAIC Motor in order to meet demand in its largest global market.
Located in Cangzhou, Hebei province and Chongqing city, the new production facilities will be operated by the Beijing Hyundai Motor Company (BHMC) joint venture and will boost local output by about 57 percent.
Read more »
-
Vw And Saic Will Build 15 New Evs And Phevs In China By 2019
VW and its joint venture partner SAIC Motor Corporation have announced plans to build new plug-in hybrid and fully electric models in China. Read more »...
-
Mercedes’ Chinese Joint Venture Built The 500,000th Car, A C-class L
Beijing Benz Automotive Co (BBAC), the joint venture company between Daimler AG and BAIC Motor, has built its 500,000th car in China since 2006. About half of all production comes just within the last two years, a testimony of Mercedes’ rapid...
-
Vw And Faw To Invest €2 Billion In Two New Assembly Plants In China
It appears that Volkswagen Group is opening assembly plants in China on a yearly basis. The automaker has announced it will build two new vehicle plants in the cities of Qinqdao and Tianjin, for which it will allocate €2 billion ($2.72 billion)...
-
China Grants Volvo Full Rights To Build Cars Locally
If you want to build cars – or anything else, for that matter, in China, there are two basic requirements: a) you need a joint venture with a local partner and b) receive approval from the Chinese government. Volvo is already owned by a Chinese...
-
Honda To Create New Brand In China - First Model To Be Introduced In 2010
Honda’s manufacturing joint venture in southern China, Guangzhou Honda Automobile Co, officially announced its plans to develop a car that will be marketed under an all-new brand. This is the first time that a foreign car venture will develop...
Cars