Auto & Transportation
Air China Expects Number of Additional Charter Flights to Exceed 2,000 During the Chinese Spring Festival Period
BEIJING, Jan. 29 /Xinhua-PRNewswire/ -- Air China announced today plans to add 2,025 extra charter flights during the 40-day Spring Festival travel season here in China. From January 23 to March 2, 2008, the additional flights (2,025) and seats (273,979) represent an increase of 17.8% and 13....
China Yuchai International Reports Achievements
Diesel Engine Sales and Production Reached 383,000 Units in 2007 SINGAPORE, Jan. 28 /Xinhua-PRNewswire-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), the leading manufacturer and distributor of diesel engines in China, today commented on the ac...
Land Rover and Savi Launch RFID Pilot to Track Auto Parts Between Suppliers and Assembly Plant
SOLIHULL, England and MOUNTAIN VIEW, Calif., Jan. 28 /Xinhua-PRNewswire/ -- Ford Motor Company's Land Rover division and Savi today announced they have launched a pilot program that deploys an active Radio Frequency Identification (RFID) solutions that better synchronizes the delivery of...
Brilliance China Automotive Holdings Limited Announces 2007 Year-End Results
HONG KONG, April 21 /Xinhua-PRNewswire-FirstCall/ -- Brilliance China Automotive Holdings Limited (the “Company”) (OTC: BCAHY; SEHK: 1114) announced today its results for the year ended December 31, 2007 prepared in accordance with generally accepted accounting principles in the United State...
AerCap Holdings N.V. Announces Fourth Quarter 2007 Transactions
AMSTERDAM, The Netherlands, Jan. 24 /Xinhua-PRNewswire/ -- AerCap Holdings N.V. ("AerCap," "the Company", NYSE: AER) today announced the completion of the following transactions during fourth quarter 2007: -- Signed new lease agreements for 21 aircraft, -- Delivered seven aircraft...
China Automotive Systems Signs Letter of Intent to Acquire 36.5% of Jingzhou Henglong Automotive Parts Co., Ltd.
-- Intends to Acquire at Approximately 7 Times 36.5% of Henglong's 2007 Earnings -- -- Intends to Increase the Ownership in Henglong to 81% -- WUHAN, Hubei, China, Jan. 22 /Xinhua-PRNewswire-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering componen...
Templeton Strategic Emerging Markets Fund II Makes Strategic Investment in Launch Tech's Automobile Products Business
HONG KONG, Jan. 21 /Xinhua-PRNewswire/ -- Launch Tech Company Limited (HKEx: 8196; "Launch Tech"), a Hong Kong listed company and a leading player in the automobile after-market in China and worldwide, announced that it had, on 11 December 2007, successfully placed to the Templeton Strategic E...
China Automotive Systems Reports Strong Unit Sales Growth
-- Reached 1 Million Unit Milestone -- WUHAN, China, Jan. 17 /Xinhua-PRNewswire-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced it exceeded 1.1 million units of power steering systems in both produ...
Wonder Auto to Announce Fourth Quarter and 2007 Year End Results on February 5
JINZHOU CITY, Liaoning, China, Jan. 17 /Xinhua-PRNewswire/ -- Wonder Auto Technology, Inc. (Nasdaq: WATG) ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that it will report financial results for the fourth quarter ...
Air China Confirms Olympic Torchbearers and Relay Route
BEIJING, Jan. 14 /Xinhua-PRNewswire/ -- Air China announced today that in accordance with the principles of “Openness, Impartiality and Transparency,” and in line with the Criteria for Selecting Olympic Torchbearers, a list of 20 Air China Olympic torchbearers has been finalized upon the approva...
China Automotive Systems' Joint Venture Honored as a Core Supplier by Chery Auto
-- Product Quality and Development Highlighted -- -- New Facility Operating at Commercial Production Rates -- WUHAN, Hubei, China, Jan. 9 /Xinhua-PRNewswire-FirstCall/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today ...
AerVenture to Lease Six New Airbus A320 to TAP Portugal
AMSTERDAM, Netherlands, Jan. 8 /Xinhua-PRNewswire/ -- AerCap Holdings N.V. ("AerCap," NYSE: AER) today announced that AerVenture Limited, a joint venture company owned by AerCap, LoadAir and Al Fawares, has signed agreements to lease six new Airbus A320-200 aircraft to the Portuguese national ...
Navigation Systems Seriously Undermine Road Safety
Software Errors are Being Ignored THE HAGUE, The Netherlands, Jan. 8 /Xinhua-PRNewswire/ -- Using a new research method, the Stichting Onderzoek Navigatiesystemen ("Navigation Systems Research Foundation") has discovered why navigation systems cannot find ring roads in cities. Software errors...
Early Birds Get a Free Travel Day With Eurail!
Buy Now, Travel Later With Eurail 6-, 8- and 10- Day Select Passes UTRECHT, Netherlands, Jan. 7 /Xinhua-PRNewswire/ -- Eurail Group announced today that it is offering an extra day of rail travel on all six-, eight- and ten-day Eurail Select Passes purchased up until the end of March 2008. ...
UATP Acceptance Enhanced with Chinese Carrier Shandong Airlines as New Merchant
WASHINGTON, Jan. 9 /Xinhua-PRNewswire/ -- Shandong Airlines, Jinan, Shandong province, is the latest Chinese carrier to join the UATP network as a new Merchant, effective immediately. Shandong Airlines now accepts all UATP corporate cards and is a part of the UATP global corporate trave...
GM Asks the World: 'What's Next?'
DETROIT, Jan. 3 /Xinhua-PRNewswire/ -- What should power the world's vehicles in 20 years? How can personal transportation become more sustainable in an age of increasing global competition for resources? What role will the automotive industry play in developing markets? Decisio...
China Yuchai's Subsidiary Wins Major Awards in Key Chinese Auto Parts Convention
-- Achievements on Green Technology and Contributions to Energy Conservation Noted -- SINGAPORE, Dec. 28 /Xinhua-PRNewswire-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), the leading manufacturer and distributor of diesel engines in China, ...
China Automotive Systems Announces Plan to Acquire 36.5% of Henglong Automotive Parts Company
Upon Completion, China Automotive Systems’ Ownership Will Increase to 81% WUHAN, China, Dec. 26 /Xinhua-PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced it has started discussions with Hubei Wanlon...
AerCap Announces Closing of Three Debt Financing Transactions in Fourth Quarter 2007
Transactions Increase Committed Funding by $440 Million AerCap Extends Existing $1 Billion Revolving Warehouse Facility to May 2014 AMSTERDAM, The Netherlands, Dec. 20 /Xinhua-PRNewswire/ -- AerCap Holdings N.V. ("AerCap," NYSE: AER) today announced that it has closed three debt financin...
VICS Rejected as National Standard of China Real-Time Traffic information Service
SHANGHAI, China, Dec. 20 /Xinhua-PRNewswire/ -- The once-overwhelming VICS system of Japan eventually may not find its place in the China market. Tongyan Qi, key propeller of China real-time traffic information services and chief of the State Traffic Information Service Workgroup, sets forth...
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