Jianyuan Financing Lease Co, a foreign-owned financial enterprise, recently opened in the Shanghai Automotive Industry Financial Center in Anting, Shanghai’s Jiading district. Its businesses cover financing, assets management and brokerage consultancy.According to Wang Wei, founder of the company, t...

Zhejiang Geely Holding Group Co is expected to complete it takeover of Swedish luxury car brand Volvo from US automaker Ford Motor Co on Monday after getting government approval for the deal.Ministry of Commerce officials told China Daily on Thursday that the government cleared the Volvo deal on Mon...

Zhejiang Geely Holding Group Co is expected to complete its takeover of Swedish luxury car brand Volvo from US automaker Ford Motor Co on Monday after getting government approval for the deal.Ministry of Commerce officials told China Daily on Thursday that the government cleared the Volvo deal on Mo...

Shanghai Volkswagen Automotive Co. Thursday signed an agreement to build its fifth assembly plant in east China's Jiangsu Province.The plant in Yizheng City has an annual production capacity of 300,000 vehicles, the carmarker said in a statement.The plant is expected to start operation at the end of...