
The U.S. Department of Commerce (DOC) recently announced antidumping duty and countervailing duty investigations on imports of the refrigerant 134a from China, according to the Automotive Aftermarket Industry Association (AAIA).

The U.S. Department of Commerce (DOC) recently announced antidumping duty and countervailing duty investigations on imports of the refrigerant 134a from China, according to the Automotive Aftermarket Industry Association (AAIA).

Renault said China’s top economic planner has approved a joint venture between the automaker and Dongfeng Motor Group to build and sell cars in China.

China’s auto lobby has fiercely opposed a possible move by Beijing to ease restrictions on foreign ownership in the car industry, saying that the move would seriously weaken the position of domestic carmakers.

Volvo Car Corp. says it has signed an $800 million loan agreement with the China Development Bank that will help it finance the development of new cars in the market.