GM China Targets 70 Percent Sales Boost in July
30 Jul 2009, 07:49 UTC · By: Bogdan Popa / Automakers who are selling cars in China have extremely high expectations from this particular markets, mostly following the remarkable figures posted in the last few months. General Motors for exam...
Geely Emgrand EC718 Arrives in August
29 Jul 2009, 13:30 UTC · By: Daniel Patrascu / The sedan with the longest wheelbase in Geely's history was officially scheduled for release in China next month, bringing with it "luxury, steadiness and power,” as the manufacturer...
Daimler Posts 1 Billion Euros Q2 Loss
29 Jul 2009, 12:47 UTC · By: Daniel Patrascu / German manufacturer Daimler posted today its financial results for the second quarter of 2009, with figures showing a total net loss of 1,06 billion, a figure which stands above the 1.28 billion los...
Americans Admit They Would Buy Chinese or Indian Cars
29 Jul 2009, 09:58 UTC · By: Bogdan Popa / We already know the economic recession made people change their minds a little bit, especially when it comes to the money to be spent for a new car. Well, it might seem like Americans are now review...
Mercedes' Big Chinese H1
29 Jul 2009, 08:40 UTC · By: Daniel Patrascu / With most of the automakers in the world today fleeing to China to get that needed wanted breath of fresh air, there's no surprise in seeing them posting, full of confidence, sales results for ...
India to Become Rolls Royce's Top Market in 5 to 10 Years
28 Jul 2009, 10:06 UTC · By: Bogdan Popa / Rolls Royce, the British luxury car manufacturer, thinks India has a great potential in the auto sector, and expects the country to become the top market in the next 5 to 10 years. Rolls will use th...
BAIC Seeks New Partner Outside China
28 Jul 2009, 09:33 UTC · By: Bogdan Popa / Even if it failed to convince GM Europe and Germany to hand it over the Opel ownership, BAIC is still seeking for an international partner outside China, a company official said a few days ago. Addi...
Citroen to Launch Second Generation C5 in China
27 Jul 2009, 14:57 UTC · By: Bogdan Popa / Similar to other automakers who have already concentrated their efforts on China, Citroen plans to bring the second generation C5 in the country later this year. What's interesting is that the ...
Bentley in China: 4,000 Cars Sold Over the Next 5 Years
27 Jul 2009, 12:32 UTC · By: Bogdan Popa / Even if some people think that Bentley's luxury models aren't quite appropriate for the current economic environment, the British manufacturer has high expectation when it comes to China, ...
Tengzhong Submits Hummer Bid to Chinese Regulators
24 Jul 2009, 12:08 UTC · By: Bogdan Popa / Tengzhong continues the struggle for Hummer with a new step made forward. The company recently submitted its application for buying GM's brand to Chinese regulators, AFP reported today citing s...
Mitsubishi Lancer EX to Be Made in China, Sold as Lanse Yishen
23 Jul 2009, 10:12 UTC · By: Bogdan Popa / Mitsubishi will build the Lancer EX in China after all, with production handed to Fujian-based partner Southeast Motor. Manufacturing will start later this year and will come along with a brand new ...
Volvo Engineers Union: Geely Will Do No Good
22 Jul 2009, 14:23 UTC · By: Bogdan Popa / Even if Geely tries its best to purchase Volvo, it might seem that taking over the Swedish brand is much more difficult than initially believed. Not only because Geely struggles to comply with gover...
Toyota Forecasts 12 Million Sold Cars in China
22 Jul 2009, 12:52 UTC · By: Bogdan Popa / Recently crowned the world's number one manufacturer, Toyota is quite optimistic when it comes to 2009 sales, in spite of the gloomy predictions made by auto industry analysts around the world....
Geely to Offer $2Bn for Volvo
17 Jul 2009, 08:25 UTC · By: Daniel Patrascu / After it repeatedly denied it had plans to buy Volvo, Chinese manufacturer Geely is now getting ready to submit a bid for Ford's Swedish subsidiary Volvo, according to a report by The Wall Stre...
Tengzhong Gets Informal Approval on Hummer
16 Jul 2009, 12:47 UTC · By: Daniel Patrascu / China's commerce ministry announced yesterday it is supportive of Tengzhong's bid for Hummer, thus putting an end to rumors claiming the deal will be dropped due to the Chinese government&...
Volkswagen Invests $1Bn in Mexico
15 Jul 2009, 14:31 UTC · By: Daniel Patrascu / With its sights set on producing a new model at their Mexico plant starting next year, German manufacturer Volkswagen plans to invest no less than $1 billion to expand and retool the facility. The p...
Nissan, Honda Boost Chinese Output
14 Jul 2009, 10:46 UTC · By: Daniel Patrascu / Facing the same increase in demand as most automotive manufacturers who operate in China, Japanese companies Nissan and Honda plan to increase production capacity in the Asian country in order to me...
Volkswagen Goes After Toyota Through China...
13 Jul 2009, 11:01 UTC · By: Daniel Patrascu / ...and plans to skip GM in the process. The third ranking automotive manufacturer Volkswagen has set its sights on the top spot, occupied, still, by Toyota. GM seems to be, in their plans, just a mi...
GM International Settles in Shanghai
13 Jul 2009, 09:34 UTC · By: Daniel Patrascu / Recognizing the value the Chinese market has come to have for its business, the new General Motors decided to settle its global operations base in Shanghai, following the retreat of regional operati...
Changfeng Working on Volvo S40 Clone
10 Jul 2009, 10:50 UTC · By: Bogdan Popa / Even if Chinese automakers are currently involved in takeover negotiations for several European brands, these companies go further with their development plans and are getting ready to present their...