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The acquisition is expected to further help Continental, Europe's second-largest auto parts maker, to diversify its product portfolio from braking systems and become an integrated systems supplier. The deal is subject to regulatory approval. Fugang Heli, founded in 2005, makes cooling fan modules a...
Sales of auto and motorbike parts logged an over 40 percent jump this fiscal year from the year before thanks to strong overseas demand, data from e-commerce giant Alibaba Group Holding showed. And the upward trend is likely to continue in the second half. “We expect 2023 to be our most...
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One of the main reasons behind organizing such an auto exhibition was the establishment of German giant Volkswagen's joint venture in China. The kingdom of bicycles, as China was known back then, launched an era where automobi...
Optimism among carmakers and auto parts firms is buoyed by rising demand in the Chinese market. Data from the China Association of Automobile Manufacturers shows that in the first half of 2024, NEV production and sales in the country had reached 4.93 million units and 4.94 million units, respec...
The German auto giant Volkswagen Group confirmed on Dec. 18 that it was facing production slowdowns due to a “massive” supply bottleneck triggered by a lack of semiconductor components for car electronics. The shortage would influence Volkswagen's production at its plants in China, North America...
After 20 years of development and eight years of a joint venture with German auto parts giant Bosch, Atech has gradually become a Tier 1 automotive supplier，serving many top-tier auto manufacturers and several emerging EV startups in China.Atech also supplied auto products to car companies in ...