Chery Plans $500m Plant in Turkey
21 Sep 2009, 09:01 UTC · By: Bogdan Popa / Chinese automakers are continuously revising their expansion goals and today's it is Chery's turn to announce its ambitious plans. The company is looking to open a plant in Turkey that wou...
Audi Opens New Assembly Line in China
21 Sep 2009, 08:35 UTC · By: Daniel Patrascu / Capitalizing on the increasing say the Chinese automotive market is beginning to have for its sales, German manufacturer Audi announced the opening, together with partner FAW, of a new assembly hall...
Five New Renaults for China in 2010
17 Sep 2009, 13:17 UTC · By: Bogdan Popa / French car manufacturer Renault is looking to expand its presence in China so it will launch 5 new models in the country in 2010. According to a report by gasgoo.com, the five models to be launched ...
BYD, World's No. 1 Carmaker by 2025
17 Sep 2009, 11:36 UTC · By: Bogdan Popa / We already know that Chinese carmakers are extremely ambitious and no matter what, they are aiming to fight head to head with global companies. But BYD Co, also known as China's largest recharg...
China-US Tire Wars Worries Bridgestone
17 Sep 2009, 08:42 UTC · By: Daniel Patrascu / The upcoming introduction of the 35 percent duty for the US bound Chinese tires has sparked the first signs of distress in Europe and Asia. Japanese tire manufacturer Bridgestone recently said the d...
Saab Planning Chinese Car Production
17 Sep 2009, 07:47 UTC · By: Bogdan Popa / Swedish carmaker Saab is planning to move a part of its car production in China, a country that could allow the company to reduce labor costs and seek new buyers in the region. Saab CEO Jan-Aake Jon...
China Warns US on Tire Duty
14 Sep 2009, 09:21 UTC · By: Daniel Patrascu / The new tire duty approved by the Obama administration on tires which come from China has all the odds of turning from a small-lake ripple into an all out tsunami. After the somewhat cautious statem...
US Slaps 35 Percent Duty on Chinese Tires
13 Sep 2009, 12:54 UTC · By: Daniel Patrascu / US president Barack Obama announced a new additional duty on tire imports from China, in a move perceived by local US labor groups as great and by the Chinese as yet another protectionist move made...
Volkswagen Announces Major Chinese Expansion
12 Sep 2009, 15:03 UTC · By: Bogdan Popa / China is undoubtedly a key market for several carmakers out there and Volkswagen makes no exception to this rule. The German brand has just announced that it will invest no less than 4 billion euros...
Hyundai i30 Launched in China
10 Sep 2009, 12:46 UTC · By: Bogdan Popa / Beijing Hyundai today launched the i30 hatchback in China, with the range comprising two different engines. Hyundai's joint venture in China is offering a 1.6- and 2.0-liter engine, both of the...
BAIC Becomes Minority Shareholder in Koenigsegg Group
9 Sep 2009, 14:31 UTC · By: Bogdan Popa / Koenigsegg Group has just signed a Memorandum of Understanding (MOU) with BAIC that would allow the two companies expand their coverage in both international and Chinese markets. In other words, Koe...
Hyundai to Open Third Chinese Plant
9 Sep 2009, 12:50 UTC · By: Daniel Patrascu / South-Korean manufacturer Hyundai announced, through one of its executives, that it will begin construction at a third manufacturing plant in China, as it is now faced with the not-so-often-seen sce...
Geely Wants Full Control of Volvo
9 Sep 2009, 08:44 UTC · By: Bogdan Popa / Chinese carmaker Geely is eyeing full control of Volvo and not only a minor stake, a company official said confirming reports that Geely Holding Group is looking to purchase the Swedish brand. Howev...
SAIC Might Buy Saab Stake
9 Sep 2009, 08:25 UTC · By: Bogdan Popa / Koenigsegg has already reached an agreement with General Motors to purchase its Swedish unit Saab but it appears the the sports car manufacturer might agree to cease a passive stake in the company t...
Mercedes Sales Still Down in August
8 Sep 2009, 14:24 UTC · By: Daniel Patrascu / The third German manufacturer to post its sales for August follows the trend of both BMW and Audi and reports a 13 percent decrease in volume, when compared to August 2008. Mercedes sold a total of ...
Nissan Leaf in China in 2011
8 Sep 2009, 14:00 UTC · By: Bogdan Popa / Nissan will bring the zero-emission electric car in China in 2011 and it will even produce it locally with the help of its Dongfeng Nissan joint venture at a later date. The car will be initially la...
Audi August Sales, Almost Level
8 Sep 2009, 11:41 UTC · By: Daniel Patrascu / German manufacturer Audi is as close as it can of posting a positive sales figure, when compared to 2008. The group reported a drop of only 2.7 percent in August, when compared the the same month of...
Tengzhong Wants Hummer, Despite Regulatory Rejection
8 Sep 2009, 09:19 UTC · By: Daniel Patrascu / The courtship between Chinese manufacturer Tengzhong and GM's last standing "bad asset," Hummer, continues, apparently without resolution. In the latest development, the Chinese said ...
BYD Calls for EV Scrappage Scheme
7 Sep 2009, 12:55 UTC · By: Daniel Patrascu / Chinese manufacturer BYD wants the government to approve a scrappage scheme to be applied for customers who purchase all-electric battery vehicles, as well as other alternative energy cars. BYD says...
Toyota Expands in China
4 Sep 2009, 12:33 UTC · By: Daniel Patrascu / Japanese manufacturer Toyota is trying to capitalize on the booming Chinese economy and announced plans to expand its business in the country. The first step to be taken by Toyota is to expand its c...