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Wednesday, February 10, 2010

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Chery to launch 17 new models this year

Chery Auto aims at blistering growth in sales of up to 80% this year. It it plans to launch 17 all-new and upgraded products under its four marques: the Chery, Riich, Rely and Karry.

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FAW Group targets at '10 sales of 2.3M units

China Faw Group Corp. has set its sales target for 2010 at more than 2.3 million units, an increase of 18.3 percent from a year earlier, an executive said ...

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Audi China Jan sales more than double to 16,798 cars

Shanghai, February 9 (Gasgoo.com) Audi AG, the leader in the China's luxury car segment, saw its sales in China more ...

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BMW China Jan sales more than double to 11,919 cars

Shanghai, February 9 (Gasgoo.com) BMW AG said Friday that its sales in China last month more than doubled to 11,919 ...

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Geely, Ford unlikely to sign Volvo deal by Feb. 14

Shanghai, February 9 (Gasgoo.com) Zhejiang Geely Holding Group and Ford Motor are unlikely to sign a deal on Ford's ...

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Toyota leads new-energy auto sales in China

Shanghai, February 9 (Gasgoo.com) Toyota Motor has taken the lead in China's new-energy vehicle market, with its ...

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Chang'an in talks to be Peugeot's 2nd partner in China

PSA Peugeot-Citroen is in talks with Chang'an Motor Corp, China's fourth-largest automaker, to form the French car ...

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Daimler JV says new models to help double sales

Long-wheelbase E-Class, 1.6-liter C180 produced to meet local market conditions German carmaker Daimler AG's joint ...

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Luxury carmakers trade up to China market

China has become the target market for the world's luxury auto manufacturers as demand for upscale vehicles surged last ...

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BYD Auto plans to build assembly plant in Malaysia

Shanghai, February 8 (Gasgoo.com) Chinese carmaker BYD Auto Company Ltd plans to team up with local company Berjaya ...

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Spyker gets financing to close Saab deal

Dutch sports car maker Spyker on Monday said it has secured the financing to close its purchase of the Swedish auto brand Saab from GM, but still has not ...

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Mexico to build Fiat 500 to boost Chrysler

Mexico could produce up to 130,000 Fiat 500s a year, seen as key to the recovery of Chrysler in the United States, with a $550 million ...

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Nissan returns to Q3 profit, lifts forecast

Nissan Motor Co, Japan's No.3 carmaker, said it returned to profit in the third quarter from a year earlier and lifted its outlook for ...

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Fiat pledges $550 million to retool Mexico plant

The head of Fiat SpA F.MI said the automaker will invest $550 million in Mexico to begin production of the compact Fiat 500 model ...

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Toyota recall cost will pass $2B, lawyers say

Lawsuits against Toyota Motor Corp., the world's largest automaker, will push the cost of recalls linked to sudden acceleration past a ...

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Money no problem for Geely's Volvo bid

Goldman Sachs has been known to pick a few winners in its day. The $334 million it plunked into the Chinese automaker Geely in September ...

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Mainland automakers marching into Taiwan with local ally
With cross-strait economic cooperation framework agreement (ECFA) to sign in sight, deals between the mainland and Taiwan automakers have driven the ...
China to Buy GM, Reloaded
It’s been year since we blogged Chinese press reports that China’s SAIC might buy GM. It turned out to be one of many Chinese rumors that followed. ...

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The Eight Overarching China Automotive Trends That Are Revolutionizing the Auto Industry (8)
TREND #8: China’s Rapidly Changing Demographics and Growing Demand in Lower Tier CitiesThe dramatic rise of China’s automotive industry, in terms ...
Recall in China a big headache for Toyota
Toyota's vehicle recall in China pales in comparison to the world's largest automaker's recalls in the United ...
Red-hot China auto market set to cool a bit this year
Full-year light vehicle sales figures for 2009 confirm what the industry has known for months - China has ...

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Lear: more new patents to come from China Engineering Center
Gasgoo.com: What are major Lear seating technology (ex lightweight)? Did you bring to China?Mathew Ma: Lear ...
Evonik has strategically launched on fundamental research in China
Left to right: Patrik Wohlhauser, Gregor Hetzke, Dr. Dahai YuPatrik WohlhauserChairman of the Board, Evonik ...

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Domestically-made transmissions roll off production line
On the basis of technology introduced from Mitsubishi, Harbin Dong'an Automotive Engine Manufacturing Company ...
Autoliv buys Delphi safety operations in Asia
Auto parts supplier Autoliv Inc. said Thursday it would acquire the Asia-based passenger safety operations of ...
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