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chinese government

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    Report: China continues foreign automotive investment incentives after all
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    China has reversed a policy that would have nixed incentives for investments from foreign automakers, paving the way for further expansion by General Motors, Volkswagen and others. Legislators had removed automotive manufacturing from the list of industries that would receive government support ...

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    Report: Chinese government getting serious about vehicle recalls
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    The Chinese government has released new regulations for vehicle recalls. According to Automotive News China, starting next year, automakers who fail to recall vehicles in a timely manner can expect to face fines between $80,000 and $160,000. That may be a small sum for an automaker, but the new ...

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    Report: China issues list of approved vehicles for government purchase, excludes imports for first time
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    A black, Chinese-market Audi A6L is practically the poster-child for Communist Party officials who demand extra legroom rear legroom in a stretched version of standard sedan. The Chinese government reportedly spends 80 million renminbi ($12.7 million U.S.) per year on wheels for its bureaucrats, ...

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    Report: China aims to slow foreign investment in auto market
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    The exponential growth of China's auto market has left many automakers licking their lips at the thought of rampant profit. Recent years have seen the country's government spur foreign investment with various incentives, including reduced tariffs on imported manufacturing machinery. According to ...

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    Report: China to 'force' car company mergers, hopes to consolidate market
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    Currently, there are 130 different automakers existing in China, and in an effort to create stronger companies, the Chinese government will be releasing plans to encourage mergers and buyouts between the different manufacturers. These new guidelines, drawn up by the Chinese Ministry of Industry ...

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    Recork the Champagne? China says Hummer paperwork not submitted yet
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    2008 Hummer HX concept – Click above for high-res gallery
    Last week, it was reported that General Motors had signed a definitive agreement to sell Hummer to Chinese machinery manufacturer Tengzhong. The Chinese company and its partner in the deal, Lumena Resources Corp., would pay $150 ...

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    Chinese government unlikely to approve Hummer purchase deal?
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    According to a report from Bloomberg, state-owned Chinese news agency Shanghai Securities News is predicting that it is unlikely the Chinese government will approve the purchase of Hummer from General Motors by Sichuan Tengzhong Heavy Industrial Machinery Co. Why? Apparently, China actually wants ...

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