German OEMs step up investments in China
As Chinese premier Wen Jiabao visits Europe, a number of European automakers and suppliers announce plans for additional investment in China
GERMANY: Daimler announces China expansion
29 June 2011
Daimler and its Chinese partner Beijing Automotive Industry Corporation (BAIC) have signed a strategic framework agreement to further expand their cooperation in China.
ANALYSIS: Daimler goes after Audi in China
29 June 2011
The announcement of a new EUR2bn investment programme for China shows the future intentions of Mercedes-Benz in China: grabbing leadership of several high-growth segments where Audi is not yet the dominant force.
GERMANY: Two more VW China plants approved
28 June 2011
Volkswagen Group has received the Chinese government green light for two more vehicle plants in China, continuing its long-term growth strategy in the world's largest market for passenger cars.
CHINA: BAIC unit close to Inalfa completion
27 June 2011
Beijing Hainachuan Automotive Parts, a subsidiary of BAIC Group, has said its acquisition of Inalfa Roof Systems will be completed next month after it passes antitrust scrutiny by the Chinese government.
CHINA: Faurecia plans Shanghai R&D and HQ - media
27 June 2011
PSA Peugeot Citroen affiliate Faurecia plans to set up a research and development center in Shanghai and make it into its headquarters in China, sources reported.
US: Chrysler could build vehicles in China with Fiat - exec
24 June 2011
Chrysler Group reportedly is "aggressively" exploring the possibility of building more vehicles in China, where the company is on track to sell 40,000 cars and trucks this year, an executive has said.
CHINA: Volvo Cars getting $708m second China plant
24 June 2011
Volvo Car, owned by China's Zhejiang Geely Holding Group, will spend US$708m to build a second plant in China, the environment ministry in Beijing said.
CHINA: Fiat plans twin-clutch transmission JV
22 June 2011
Fiat reportedly will cooperate with Guangzhou-based GAC Group and Hangzhou Advance Gearbox Group to build a new factory producing twin clutch automatic transmissions.
CHINA: PPG Industries starts first resin production plant in mainland China
20 June 2011
PPG Industries has started operations at a new facility in the Zhangjiagang Yangtze International Chemical Industrial Park, Jiangsu Province, the first resin production plant in Mainland China.
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