Ford Motor's premium Lincoln brand plans to build as many as five new vehicles in China by 2022, according to two U.S. sources, in a move to expand sales in the world's largest vehicle market that would also blunt the impact of U.S- China trade spats.
When U.S. President Donald Trump visited China in November, he prodded the Chinese government to make two concessions on further opening the domestic market to American as well as other foreign automakers.
China 's car industry will continue growing, and companies should embrace and integrate Jack Ma's "new retail" concept to better serve the market, said Alan Yuan, the CFO of SouChe.
According to the latest report of International Organization of Automobile Manufacturers, Iran’s global car manufacturing rank raised and it is now in the sixteenth place in the world.
Li Shufu, the chairman and main owner of Chinese carmaker Geely, has amassed a stake of 9.69 percent in Daimler AG, the German company said in a regulatory filing Friday.
The Jeep Grand Commander has been revealed for the Chinese market in a new online video, ahead of an anticipated debut at the Beijing motor show in April.
It is said that Iran’s basis of automotive part manufacturing industry is too old and needs renovation. A renovation which can prevent the import and smuggle of auto parts.