investment

Guangzhou Auto to Double production capacity in China

Guangzhou Automobile Group recently announced it will invest 1.7 billion yuan (277 million USD) to double the production capacity of its wholly-owned passenger car...

Carat Security Group to open plant in China

Carat Security Group, the Belgian company which specializes in providing armored limousines worldwide, plans to open its first manufacturing facility in China. Carat Security,...

GM to build $1.3 billion Cadillac plant in China

General Motors, the largest foreign automaker in China, said it won regulatory approval to build a Cadillac factory to boost sales of luxury vehicles...

Dongfeng to invest $2.5 billion in R&D

China's second-biggest auto group Dongfeng Motor Corp plans to invest heavily in its newly restructured passenger vehicle brand over the next couple of years....

China’s First Auto Works (FAW) to invest $5.7 billion in R&D

Chinese media are reporting today on a huge investment plan by First Auto Works, or FAW. Total investment in research and development over the next...

BMW to speed up investment & production in China

BMW AG and its joint-venture partner Brilliance China Automotive Holdings Ltd. will invest €500 million ($628.6 million) to increase production capacity in China, the...

China’s SAIC wants to build assembly plant in Thailand

SAIC Motor, China's biggest automaker, is planning a venture with CP Group to build passenger cars in Thailand. SAIC intends to develop the new...

Ford to invest $760 million in China to Double production capacity

Ford plans to build a $760 million assembly plant in Hangzhou that will double its Chinese output to 1.2 million vehicles annually. Ford and joint...

Volvo to invest $11 billion in new cars and factories

Swedish carmaker Volvo, owned by China's Zhejiang Geely Holding Group Co Ltd, plans to spend $11 billion on developing new products and boosting its...

Ford to invest 600 million USD in China Factory

Ford's China unit will invest about $600 million to increase the capacity of one of its passenger-car factories by almost 60 percent as it...