GASGOO formed strategic partnership with Automotive Intelligence

Shanghai Aug 1st, 2007----Gasgoo.com and the German professional automotive media site autointell.com have formed a strategic partnership. Among other initiatives, the two sites vow to work together to facilitate the exchange of information and brand promotion.

"By cooperation with Automotive Intelligence, Gasgoo can better understand the European automobile market and play a bridge role linking auto industries between China and other countries," said Kevin Chen, CEO of Gasgoo.com. "It will also help domestic suppliers open up international markets."

"On the other hand, by cooperation with European key media organizations, Gasgoo.com will help European auto-makers better understand new trends and developments from China's auto sector," Chen added.

"We feel very enthusiastic about the partnership with Gasgoo. It will allow us to provide in depth and actual insides into the Chinese automotive and supplier market to our global automotive audience," comments Friedrich Major, CEO of Automotive Intelligence - autointell.com.

While world auto giants like VW, BMW are experiencing difficulties in their home markets, these companies have created many success stories in China. Many German car manufactures have become increasingly concerned with the emerging Chinese market.

Against this backdrop, the Automotive Intelligence and Gasgoo's partnership will help these auto giants better understand the Chinese auto market and provide information services to auto-makers in both Chinese and European markets and increase their competitiveness.

Having forged cooperation relationship with two influential media organizations in the United States and Europe, Gasgoo.com will continue to seek strategic partner relationships with more international media organizations and auto industry associations, Chen said. "Not only shall we bring business opportunities to China's domestic auto parts suppliers, we will also help them go abroad to seek international business opportunities."

Based on cooperation with a host of international media organizations, Gasgoo.com will particularly focus on the introduction of auto-makers, auto-markets and government auto industrial polices in different countries in an attempt to remove language barriers among different countries. Gasgoo.com plans to come up with a series report titled 'A window to China's auto market," which provide unique prospective for international auto makers who are closely watching China's fast-growing industry.

Created by Chery Automobile Co., GASGOO.com is a global portal web dedicated to providing auto parts information and services. The web provides a platform for auto parts buyers and suppliers to exchange supply and demand information, industry news, business exchanges among automakers. The creation of Gasgoo.com will facilitate the exchange of demand and supply information for both Chinese auto-makers and their efforts towards internationalization. It will also help increase the competitiveness of China's auto industry worldwide.

Privately owned Automotive Intelligence is an online magazine designed for Automotive Professionals and Car Enthusiasts targeting the English speaking markets. Launched in 1998 Automotive Intelligence provides weekly news, car reports and auto show coverage. With its always actual content Automotive Intelligence attracts the global automotive scene.