Auto & Transportation
Tongxin International, Ltd. Appoints Marcus Chao to Board of Directors
International Business and Manufacturing Experience Adds Depth to Independent Board NEW YORK and CHANGSHA, China, Dec. 2 /PRNewswire-Asia-FirstCall/ -- Tongxin International, Ltd. ("Tongxin")("Company")(Nasdaq: TXIC), a manufacturer of engineered commercial vehicle...
China Yuchai International Announces 2007 Unaudited Net Income Range
SINGAPORE, Dec. 1 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it expected its unaudited net income for 2007 to fall within the range of RMB 500 million and RMB 555 million. The Company's unaudited earn...
Leading Japanese Shipbuilders Extend use of AVEVA Marine Solutions
KUALA LUMPUR, Nov. 27 /PRNewswire-Asia/ -- AVEVA (LSE: AVV), the leading supplier of engineering IT systems for the plant and marine industries, announced that key Japanese shipbuilders - Namura Shipbuilding, Universal Shipbuilding Corporation, Shin Kurushima Dockyard, Sumitomo Heavy Industrie...
Two Large Industry Leaders, GACC and Johnson Controls, Set Up Automotive Component Joint Venture with Full Development Capabilities
GUANGZHOU, China, Nov. 25 /PRNewswire-Asia/ -- On November 24, Guangzhou Automobile Group Component Co., Ltd. (GACC), which is the subsidiary company of Guangzhou Automobile Industry Group Co., Ltd. (GAIG), signed a joint venture contract and agreement of association with Johnson Controls, a g...
Deloitte Launches China Dealership Benchmarks
HONG KONG, Nov. 25 /PRNewswire-Asia/ -- Deloitte’s Motor Industry Services (DMIS) group in Hong Kong has launched the industry’s first China luxury and non-luxury operational performance benchmarks. (Logo: http://www.prnasia.com/sa/2008/11/200811202246.gif ) Mr Vincent Liew, CEO of...
China Yuchai International Announces Board and Management Changes
SINGAPORE, Nov. 21 /PRNewswire-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that arising from Mr. Gao Jia Lin's retirement from his position as Senior Vice President of Hong Leong Asia Ltd., China Operation, he will be relinqui...
Wonder Auto Technology Announces Assignment of Its $5 Million Investment
Ensuring Continuous Growth Momentum of the Company's Core Business BEIJING, Nov. 20 /PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG; "Wonder Auto" or "the Company") announced today that it has signed an assignment agreement with Golden Stone Capital Limited ("Golden Sto...
Brilliance China Automotive Holdings Limited (OTC Bulletin Board: BCAHY; HKEx: 1114) Announces the Continuing Connected Transactions and Connected and Major Transactions: Provision of Financial Assistance To/By Connected Person
BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) (Stock Code: 1114) CONTINUING CONNECTED TRANSACTIONS AND CONNECTED AND MAJOR TRANSA...
Air Mauritius Gives a New Boost to its Image With the Unveiling of a New Visual Identity
PORT LOUIS, Mauritius, Nov. 19 /PRNewswire/ -- Air Mauritius has today revealed its new visual identity including a modernised and vibrant logotype which symbolises the airline’s new ambitions. An energised "Paille en Queue,” the mythic tropic bird, soars through the air, providing a new drive t...
Wonder Auto Technology Announces Penetration into New Energy Auto Market
Development Agreement with Korean CT&T on Electrical Motors and Drivers JINZHOU CITY, China, Nov. 17 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrics, suspension products and engine ac...
Spirit Chief Executive Jeff Turner Speaking at Credit Suisse Aerospace and Defense Finance Conference
WICHITA, Kan., Nov. 14 /Xinhua-PRNewswire/ -- Spirit AeroSystems, Inc. (NYSE: SPR) President and Chief Executive Officer Jeff Turner will speak at the Credit Suisse Aerospace and Defense Finance Conference in New York, N.Y., on Wednesday, Nov. 19, at approximately 2:30 p.m. Eastern time....
China Automotive Systems Reports 2008 Third Quarter Results
Net Sales Reached US$36.9 Million; Representing 18.4% Year-Over-Year Growth WUHAN, Hubei, China, Nov. 12 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced finan...
China Automotive Systems Announces First Purchase Order From a Global North American Automotive Manufacturer
WUHAN, Hubei, China, Nov. 11 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced it has received its initial purchase order for power steering gears from a global automotive manufacturer head...
China Yuchai International Reports 2007 Unaudited Revenues
2008 Nine-Month Diesel Engine Unit Sales 13% Higher SINGAPORE, Nov. 11 /Xinhua-PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that, on an unaudited basis, its total revenues for fiscal year 2007 were approximately RMB 9.5 billi...
Tongxin International, Ltd. Reports Third Quarter 2008 Financial Results
NEW YORK and CHANGSHA, China, Nov. 10 /Xinhua-PRNewswire-FirstCall/ --Tongxin International Ltd. ("Tongxin") ("Company") (Nasdaq: TXIC) a manufacturer of engineered commercial vehicle body structures ("EVBS"), SUV passenger vehicle bodies and stamped body parts for the Chinese commercial veh...
Harbin Electric Reports Record Third Quarter and Year to Date Results
Third Quarter 2008 Financial Highlights -- Total revenues were $39.66 million, up 114% from $18.50 million in the third quarter of 2007 -- Operating profit was $10.52 million, up 49% from $7.07 million in the third quarter of 2007 -- Net income was $7.7...
Air China Launches a Fleet of Airbus A330s onto its Beijing-Dubai Route
BEIJING, Nov. 10 /Xinhua-PRNewswire/ -- Air China recently announced the launch of a fleet of luxurious Airbus A330s onto its Beijing-Dubai route. This state-of-the-art aircraft has already been used by the airline for its routes between Beijing and Vancouver, Frankfurt, Paris, Madrid and Sydn...
Tongxin International Ltd. to Host Conference Call for Third Quarter 2008 Financial Results at 5:00 pm. ET on Monday, November 10th, 2008
NEW YORK and CHANGSHA, China, Nov. 7 /Xinhua-PRNewswire/ -- Tongxin International Ltd. (Nasdaq: TXIC), a China-based manufacturer of engineered commercial vehicle body structures ("EVBS") and stamped body parts, announced today its third quarter financial results conference call scheduled for Mo...
Survey Finds Airport Operators Investing $3 Billion in IT to Win Passengers
SINGAPORE, Nov. 6 /Xinhua-PRNewswire/ -- A survey of investment trends among the world’s top airport operators which are spending $3 billion this year on IT, has found they are focussing heavily on attracting passengers but some are also fearful of IT budget cuts in the present economic climat...
SORL Auto Parts Announces Reporting Date for Third Quarter 2008 Earnings Results
ZHEJIANG, China, Nov. 6 /Xinhua-PRNewswire-FirstCall/ -- SORL Auto Parts, Inc. (Nasdaq: SORL), a leading manufacturer and distributor of commercial vehicle air brake valves and other auto parts in China, today announced that the Company will report its third quarter 2008 financial results befo...
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