Fiat to return to Korea after 15 years
Tweet The iconic Italian Fiat car brand will re-enter the Korean market next year after an absence of 15 years. The immensely successful Fiat 500 small car will be launched…
Chinese annual auto sales decline
Tweet Although vehicle sales in China rose in April, slower economic growth and tighter credit has seen them decline for year. On Wednesday, the China Association of Automobile Manufacturers said…
China Post to IPO its express logistics operation for USD 1.6 billion
Tweet China Post will sell shares in a new subsidiary China Postal Express & Logistics through an IPO that will see the company’s stock traded on the Shanghai Stock Exchange.…
AirAsia Indonesia expands routes and fleet
Tweet The Indonesian subsidiary of Air Asia has added two new routes and another Airbus A320 to its fleet. The airline will shortly be flying from Bandung to Pekanbaru in…
The Vespa brings style to the streets of Mumbai
Tweet Piaggio, the maker of iconic Italian scooters and motorbikes, has launched its Vespa brand into the Indian market. India is a country where the scooter rules supreme, and there…
Global car makers fight to be seen at Beijing Motor Show
Tweet The world’s car industry has descended on the Beijing Motor Show with an energy that underlines the importance that China now has in the world automotive market. Lamborghini, BMW…
Ford set to build a multi-million USD assembly plant in Hangzhou
Tweet The fight for China’s bustling auto market has been taken a notch higher after US car maker Ford Motor Co. said it is planning to set up a USD…
Its a 50 percent profits decline for Chinese top carriers
Tweet Most major airlines in Asia are seeing their profits plummet in the first quarter as smaller foreign exchange gains, higher fuel prices and slower economic growth continue to bite.…
Vietnam Airlines and Indonesia’s Post Logistiks prepare for IPO
Tweet Two large government owned enterprises in South East Asia have both announced plans to IPO in the next year. The Vietnam government will sell up to 30% of its…
China Railway Group profit down as rail construction eases
Tweet China Railway Group Company announced on Friday that its net profit for 2011 fell 9.55% to RMB 6.69 billion ( USD 1.1 billion). China Railway Group (SHA:601390) is a…
