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Fiat Group Automobiles S.p.A., Chrysler Group International LLC and GAC Group sign framework agreement to expand cooperation in China

Green Car Congress

Fiat Group Automobiles S.p.A., and Guangzhou Automobile Group Co., After Fiat, the next brand planned to be localized by the GAC Fiat JV will be Chrysler Group’s Jeep brand (production in China for Chinese market only). GAC Fiat Automobiles Co., GAC) and Fiat Group Automobiles S.p.A.

Chrysler 218
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Ford introducing new midsize SUV in China; Territory will offer 48V mild hybrid and plug-in hybrid variants

Green Car Congress

The Territory is a breakthrough for Ford in China in terms of our ability to successfully compete with Chinese automakers for millions of customers that we do not currently serve. The number of registered passenger vehicles in Chinese cities with no license plate restrictions is expected to soar to about 23.7 million in 2010.

Plug-in 186
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China Auto Ownership Expected to Exceed 200M in 2020

Green Car Congress

Estimated automobile ownership in China will exceed 200 million by 2020, causing serious energy security and environmental issues, according to Wang Fuchang, director of the Department of Equipment Industry under China’s Ministry of Industry and Information Technology. People’s Daily.

2020 225
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GM inaugurates flexi-engine plant in India

Green Car Congress

GM is the fifth-largest automobile manufacturer in India. In the first 10 months of 2010, GM India sold a record 93,960 vehicles, representing a 73% increase over the same period last year. In February 2010, GM and its Chinese partner SAIC opened a joint venture in India for cooperation in vehicle manufacturing and sales.

India 210
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Volkswagen Adding 1.6B to Investment for China; 6B Total

Green Car Congress

In view of the dynamic development of the Chinese automobile market, Volkswagen has added €1.6 Growth in the Chinese automobile market has exceeded everyone's expectations”. In 2010, the Volkswagen Group will be launching a total of seven new or updated models produced locally on the Chinese market.

China 186
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Panasonic to boost Li-ion battery output in China; looking for reductions in manufacturing expenses

Green Car Congress

But with South Korean rivals now quickly catching up, Panasonic has decided to rely more on Chinese production as a way to stay on top. which became a 100% unit on April 1, had a combined 26% share of the worldwide lithium ion battery market in 2010. Panasonic and Sanyo Electric Co., billion).

Li-ion 225
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Nippon Yusen expanding car terminal business in China, India

Green Car Congress

Nippon Yusen KK is expanding its car terminal business in emerging market economies, with China and India rapidly growing as automobile exporters. million vehicles in 2010, and Nippon Yusen aims to expand the figure to 5 million this year by providing terminal services at more locations. Those terminals handled 4.25

India 186