SEAT to Build and Sell Cars in China
19 Nov 2009, 11:03 UTC · By: Bogdan Popa / Spanish carmaker SEAT might start production of cars in China, in a move meant to help the parent company Volkswagen to take advantage of the local growing market. Volkswagen Group is planning to es...
Chinese Citroen C5 Released
19 Nov 2009, 10:53 UTC · By: Bogdan Popa / Citroen finally launched the C5 model in China, a model whose production will be handled by Dongfeng - Citroen, the joint venture belonging to the French carmaker. As a result, Peugeot is also consi...
Electrification Coalition Applauds US-China EV Initiative
18 Nov 2009, 15:19 UTC · By: Daniel Patrascu / The recently formed Electrification Coalition announced today its supports for the US-China Electric Vehicles Initiative, a joint effort to between the two countries to create electric vehicle demon...
BYD Builds Test Center in Shaoguan
17 Nov 2009, 14:50 UTC · By: Alex Vasile / BYD car company from China plans to built the country’s largest vehicle testing center. The project has no financial difficulties, as the company gets support from billionaire investor Warren ...
Nissan to Benefit from Chinese Boom, Return to Profit Soon
13 Nov 2009, 11:31 UTC · By: Bogdan Popa / Japanese carmaker Nissan expects to return to profitability in the current fiscal year ending March 31 and wants to take advantage of the Chinese growth to improve its figures in 2010. CEO Carlos Gh...
Hyundai Forecasts 83 Percent Sales Increase in China
13 Nov 2009, 11:22 UTC · By: Bogdan Popa / The Chinese market is indeed one of the largest in the world and, as a result, global automakers have quite high expectations when it comes to this particular region. Hyundai is one of the companies...
BMW Builds Second Factory in China
12 Nov 2009, 09:47 UTC · By: Alex Vasile / It looks like China attracts more and more attention from the automakers, as sales keep on growing despite the recession. On Thursday, BMW Group and Brilliance Automotive Holdings Limited signed a M...
Geely Aiming to Set Up Chinese Plant for Volvo
11 Nov 2009, 10:15 UTC · By: Bogdan Popa / If the deal between Geely and Volvo goes through, the Chinese carmaker has fairly ambitious plans for the Swedish brand, especially in the domestic market. A report rolled out by the Wall Street Jou...
VW to Build New Plant in China
10 Nov 2009, 15:38 UTC · By: Daniel Patrascu / Taking the statements made by VW CEO Martin Winterkorn in July seriously, German carmaker Volkswagen has already began its "South Strategy" campaign, part of its "2018 Strategy"....
GM China Passes 1.5 Million Units Sold
10 Nov 2009, 11:26 UTC · By: Daniel Patrascu / American manufacturer GM announced today it has managed to surpass the 1.5 million vehicles sold mark in China, after an extremely pleasing year in the region. In the first 10 months, GM and its Chi...
China Car Sales Explode in October
10 Nov 2009, 08:02 UTC · By: Alex Vasile / Chinese car sales in October have grown to a total of 1.23 million units, 72.5 percent more than the same period last year, according to the data provided by the China Association of Automobile Manu...
Lamborghini Opens Two New Dealerships in China
9 Nov 2009, 08:53 UTC · By: Alina Dumitrache / Italian manufacturer Lamborghini announced that it has opened two new dealerships in Beijing and Hagzhou in order to strengthen its position on the Chinese market. The manufacturer currently has 7 s...
BYD Still in Play for 400,000 Sold Cars in 2009
5 Nov 2009, 10:46 UTC · By: Bogdan Popa / BYD is one optimistic company as its Chinese owners are hoping to become the world's number one manufacturer by 2025 and snatch the leading position in the local market by 2015. Meanwhile, BYD ...
Ford Posts $1 Billion Net Income for Q3
2 Nov 2009, 13:47 UTC · By: Daniel Patrascu / In a somewhat surprising move, American carmaker Ford posted today an $1 billion net income for the third quarter of 2009, bringing the company's hope level to a new all time high: Ford hopes t...
Geely Confident of Buying Volvo
2 Nov 2009, 09:10 UTC · By: Bogdan Popa / Zhejiang Geely Holding, owner of Geely Automobile, is confident that it will manage to complete the Volvo takeover after Ford confirmed last week that the Chinese manufacturer has the biggest chance...
Schumacher 100 Percent Fit for Race of Champions
29 Oct 2009, 11:03 UTC · By: Ovidiu Panzariu / He may not be ready for a potential Formula One return in the near future, but Michael Schumacher is sure ready to show the world that he still has what it takes to fight for the win in the much awa...
OnStar Services in China Starting December
29 Oct 2009, 09:22 UTC · By: Bogdan Popa / Shanghai OnStar Telematics, a joint venture between GM, SAIC and Shanghai GM, announced the launch of OnStar services in China in December and will be available on several Cadillac, Buick and Chevro...
China May Add Auto Duty for US Carmakers
29 Oct 2009, 09:35 UTC · By: Daniel Patrascu / Following the introduction of an increased tire duty on tire imports from China, the Asian country strikes back as it announced it will begin an anti-dumping investigation which may eventually lead ...
Visteon Sees China as Key Market
29 Oct 2009, 08:12 UTC · By: Bogdan Popa / After filing for bankruptcy in the United States, Visteon is now studying new ways to cope with the economic downturn and expanding operations in China seems to be the easiest way to do that. In an ...
Ford Confirms: Geely Favorite to Buy Volvo
28 Oct 2009, 11:27 UTC · By: Bogdan Popa / After months of rumors, Ford has just confirmed that Geely is its preferred bidder for Volvo Cars, meaning that the Chinese company is now in pole-position to take over the Swedish unit. Details of ...