China’s Chongqing CAFF Automotive Braking and Steering Systems, Knorr-Bremse establish joint venture
Chongqing CAFF Automotive Braking and Steering Systems, one of the first firms to manufacture automotive parts in China, and Knorr-Bremse Asia Pacific (Holding), a subsidiary of Knorr-Bremse Group, announced the inauguration of a joint venture in Chongqing, China.

(more…)

Robbins Umeda LLP Announces an Investigation of China Automotive Systems, Inc.
Robbins Umeda LLP, a shareholder rights litigation firm, has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at China Automotive Systems, Inc. .

(more…)

Tongxin International Ltd. Reports Fiscal 2009 Year End Results
CHANGSHA, CHINA–(Marketwire – 03/21/11) – Tongxin International Ltd., (Pinksheets: TXIC – News ), a China-based manufacturer of engineered vehicle body structures (“EVBS”) and stamped parts for the commercial automotive industry, today reported its unaudited financial results for its fiscal 2009 year end. The Company has been delayed in filing its 2009 Form 20-F due to the process of reviewing …

(more…)

Questions for the auto industry
WHEN the Malaysian Automotive Association (MAA) announced that total vehicle sales had hit an all-time high of 605,156 units in 2010, it was a fitting end, without a doubt, to one of the most exciting years for the local automotive sector.

(more…)

China Automotive Systems Receives Letter from NASDAQ
HUBEI PROVINCE China , March 18, 2011 : China Automotive Systems, Inc. (” CAAS ” or the ” Company “), a leading power steering components and systems supplier in China , today announced that, as expected, it received a notification letter from the NASDAQ Stock Market (” Nasdaq “) indicating that the Company was not in compliance with the continued listing requirements under NASDAQ Listing Rule …

(more…)

Car Sales Roundup February 2011 18th March 2011
Car sales among some of the industry’s biggest players including General Motors (GM), Ford and Toyota have exceeded expectations off the back of rising consumer confidence.

(more…)

Automotive semiconductor market sees major shift
In the booming global market for automotive semiconductors, the cards have been shuffled anew. The pole is now occupied by Renesas the long-standing leader Freescale has dramatically fallen behind.

(more…)