July 2006

July 24, 2006 Automotive News - Toyota targets 52 percent rise in China sales
“Toyota Motor Corp. said on Monday it expected a 52 percent jump in its China car sales this year, helped by new models. Toyota aims to move 278,000 vehicles in China in 2006, up from 183,000 last year, including imported and locally made models, a company executive told Reuters from Japan...”

July 18, 2006 Automotive News - Delphi sets up China trading arm
“Delphi Corp. said on Tuesday it had set up a trading arm in China to help boost its retail operations in the world's second-largest auto market. The trading firm will import vehicle electronics, diesel systems and other components that it does not currently make in China...”

July 12, 2006 Automotive News - Nanjing Automobile to build MGs at 3 sites, including Oklahoma
“Nanjing Automobile Group of China is planning to revive one of Great Britain's historic brands -- MG -- and build cars at a plant in Oklahoma. In a press release, Nanjing said the reborn version of MG Inc. will have three production sites. A plant in Ardmore, Okla., will assemble a redesigned TF coupe. MG's shuttered factory in Longbridge, England, which closed when MG Rover Group collapsed in 2005, will build the TF roadster. And a Nanjing plant in China will build three sedans. Cars likely will go on sale in the United States in May or June of 2008, MG says...”

July 11, 2006 Plastics News - China to take a quarter of Mold-Masters’ global sales
“Canadian hot-runner maker Mold-Masters Ltd. is investing about 160 million yuan in equipment at its 10,000-square-meter plant in Kunshan, China, which just opened in March...”

July 11, 2006 Plastics News - Honeywell is expanding U.S. and China R&D
“Honeywell is expanding research and development capabilities in the United States and China, the company announced June 19 at NPE...”

July 10, 2006 Automotive News - China's carmakers have big plans for Motown
“The Chinese are coming, and their springboard will be the showcase of the domestic auto industry: the Detroit auto show. Five companies could have prominent displays at the 2007 show in January, said show co-Chairman Robert Thibodeau Jr...”
 

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