| World's Cheapest Car is Unveiled | | | | history. As the first overseas joint venture South |
| After months of rumors and tantalizing leaks, Indian | | | | Africa of Geely International, Geely SA will import and |
| automaker Tata Motors has finally unveiled the Tata | | | | distribute Geely cars in South Africa. The first model |
| Nano -- its already legendary $2,500 (1-lakh) car. | | | | will be introduced into SA is Geely CK, a kind of fuel |
| The words "Tata Nano" have nothing to do with tiny | | | | economy cars. |
| music players, but the car going by that name's price | | | | Auto Car Trade Shows |
| and size are still nearly small enough to dance on the | | | | Here are several famous Chinese auto car trade |
| head of a pin. | | | | shows as follows: |
| As expected, the car that Tata claims will change the | | | | China International Automobile Manufacturing Exposition |
| face of not only the Indian car market, but the global | | | | 36,000 sqm of exhibition area will be available, and you |
| auto industry will be a four door, five seat hatch, | | | | will be exposed to: |
| powered by a 30 HP Bosch 624 cc four stroke | | | | - Over 800 exhibitors; |
| engine mounted out back and mated to a CVT. That | | | | - Businesses from over 30 countries and regions; |
| makes the Nano the first time a 2-cylinder gasoline | | | | - Over 8,000 business decision makers from 20 |
| engine will be used in a car with a single balancer shaft. | | | | countries including the US, Asia and European |
| The Nano's also expected to get 54 US miles per | | | | participants; |
| gallon. | | | | - More than 20 high-level summits and procurement |
| Background | | | | information release conferences will be held. |
| Petrol price have successfully hit record levels after oil | | | | Auto Guangzhou, China (Guangzhou) International |
| reached the $100 a barrel mark, sending financial | | | | Automobile Exhibition |
| shockwaves through world markets. Fuel economy is | | | | China (Guangzhou) International Automobile Exhibition |
| at the top of the list of factors shoppers consider | | | | started in 2003, which was positioned at "High Quality, |
| when looking at a new vehicle. In face of this situation, | | | | Internationalization and Comprehensiveness". On the |
| more and more manufacturers began to focus on the | | | | basis of major support from Guangzhou Municipal |
| fuel economy vehicle. | | | | Government, China's 1/3 car consumer market, |
| China's Car Manufacturers | | | | powerful car developing industry and the one of the |
| Actually, China's car manufacturers are paying gigantic | | | | best exhibition hall in Asia, it has become one of |
| effort on the fuel economy vehicle and have got very | | | | China's famous automobile exhibitions after four years' |
| big accomplishment. | | | | operation. |
| China's auto giant FAW has become involved in | | | | The 8th Dalian International Auto & Parts Exhibition |
| economy car production once it has controlling shares | | | | Dalian International Automotive Industry Exhibition is one |
| in Tianjin Automotive Xiali Co. (TAIC), the country's | | | | of the exhibitions planned, initiated and fostered by |
| major economy car producer. TAIC, which is based in | | | | Dalian People's Government. Through this exhibition, |
| the port city of Tianjin, north China, is capable of | | | | Dalian People's Government intends to build a |
| producing 230,000 cars, 270,000 engines and 10,000 | | | | free-trade, logistics and sales center of automobiles |
| large tractors annually, while FAW manufactured and | | | | and to attract more auto projects and to provide an |
| sold about 1430,000 cars last year. | | | | extensive market for the automotive and auto parts |
| In 2007, China FAW Group Corp became the | | | | merchants from home and abroad. |
| country's first automaker to operate a plant in Mexico, | | | | China Leading B2B Marketplace |
| as increasing domestic competition causes Chinese | | | | is a leading internet-based directory of China products |
| carmakers to seek sales in Latin America, Eastern | | | | & China Suppliers. Its rich resources have made it the |
| Europe and Asia. FAW's Mexican plant is set to open | | | | best online platform for international trade between |
| in 2010 with a capacity of 100,000 fuel economy cars | | | | global buyers & China Suppliers. |
| a year, according to the statement. Sales of imported | | | | Every day, Millions of global buyers find the most |
| cars had begun last year. | | | | complete, high-quality, reliable and updated resources |
| Chery, China's largest independent carmaker and is | | | | of China products and their suppliers through |
| specialized in fuel economy vehicle, expects to export | | | | Fuel Economy Vehicle -Double-Edged Sword? |
| 110,000 vehicles this year, predominately to the Middle | | | | One aspect, the fuel economy car can cut down the |
| East and Russia, Zhang Lin, general manager of Chery | | | | fuel gas contamination and restrain oil price from going |
| International, a division of the Wuhu-based automaker, | | | | up. Besides, appearance of the fuel economy car |
| said on November 15. The company will also build cars | | | | makes the possession of a car become a reality for |
| for Chrysler LLC. | | | | many families. |
| Geely, the largest private car manufacturer in China, | | | | Another aspect, the trend would aggravate the urban |
| enter into South Africa is another milestone in her | | | | traffic. |