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Industry Highlights
·Starter maker opens Detr...

Wonder Auto Technology Inc., a Chinese producer of starter motors and alternators, has opened a sales office here. Wonder, which is listed on the Nasdaq stock exchange in the United States, is seeking aftermarket and automaker contracts. Robert Forreider, a former Delphi Corp. sales executive, was appoint...

·Wonder Auto Technology, ...
   A delegation headed by Mr. Qingiie Zhao, our chairman and CEO, will participate in the Gabelli Annual Auto Aftermarket Symposium. Gabelli acts as an introducing brokerage firm, with a focus on small and mid-cap companies. Their analyst team conducts fundamental, bottom-up research on a global sector basis, and recommends timely investment ideas for our clients. Gabelli hosts six industry conferences as well as numerous management events throughout the country.
·Wonder Auto Technology, ...

   On October 27,2007, the exhibiting team of our company will set off for America participating the upcoming AAPEX. AAPEX is sponsored by the Automotive Aftermarket Industry Association (AAIA) and the Motor & Equipment Manufacturers Association (MEMA),which is the most influential exhibition in the world. We have participated AAPEX in the past two years and have promoted product sales worldwide.
   The AAPEX will take place from October 31 to November 1, 2...

·Wonder Auto Technology, ...
   On November 7,2007, Mr. Qingiie Zhao, Chairman and CEO of our company, will take the honor on behalf of the company to hold the bell ceremony invited by the Nasdaq Stock Exchange. Participating in the bell ceremony also includes Mr. Yuncong Ma, our COO, Mr. Meirong (Ryan) Yuan, our CFO and Treasurer, Mr. Yuechun Xie, our corporate secretary and IR manager. A press conference will be held after the ceremony, which includes the New York Times, the Wall Street Journal, and Automobile N...
·Wonder Auto Approved to ...
 JINZHOU CITY, China, Aug. 6 /PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a China-based manufacturer of  automotive electrical parts, today announced that it received the approval letter for listing on the Nasdaq Global Market.
  Wonder Auto  starts trading on Nasdaq Global Market from August 9, 2007. Nasdaq has reserved WATG as the trading symbol for the Company's common stock.
"This is a significant achievement for Wonder Auto to...
·GM may increase stake in...

General Motors could one day increase its share in SAIC-GM-Wuling Automobile Co. as it looks to offer cheap small cars to compete with the Tata Nano from India. The Chinese joint-venture company produces the fast-growing Wuling brand, which makes small vans and pickups in China. The Wuling brand posted sales of 516,435 vehicles last year. Bob Lutz, GM's vice chairman of global product development, says Wulings would help GM compete with the Nano in the super low-cost segment.<...

·SAIC and Brilliance team...

In China automatic transmissions are still considered high-tech products and their suppliers are predominantly foreign companies. However, two major Chinese automakers recently joined hands to develop advanced double-clutch transmissions. On January 23, Shanghai Automotive Industry Corp. (SAIC) and Brilliance Jinbei Automobile Co. signed an agreement in Beijing to jointly develop and produce a wide range of manual and automatic transmissions for passenger vehicles, including double-c...

·Global automakers start ...

To make their products more attractive to Chinese customers and at the same time to reduce production costs, a slew of global automakers are moving to produce technologically more sophisticated transmissions in China for their cars targeting the local market. In mid-January, General Motors started mass producing its front-wheel-drive six-speed automatic transmission in Shanghai GM, its joint venture with Shanghai Automotive Industry Corp. GM is not alone in localizing the production ...

·Changan to produce hybri...

Changan Automobile Group will speed up development of hybrid cars in the coming several years. The automaker is considering applying hybrid technology to all of its passenger vehicles. "We will invest another 300 million yuan ($41 million) by 2012 to develop hybrid cars," says Changan's spokesperson Zhou Qin. Zhou spoke after Changan rolled out a gasoline-electric hybrid model in Chongqing on Dec. 13. The vehicle will not be commercially produced until July or August next year...

·Porsche blossoms in Chin...

Porsche AG will sell 4,000 cars in China this year, up nearly 75 percent from last year. Porsche aims for China to be its second largest market worldwide after the United States within five years. It opened a new sales center in Shanghai on Dec. 8.