Gasgoo.com (Shanghai May 4) - The Saab brand has been through an arduous few years, with threats of being eliminated by former parent GM until being saved by Dutch supercar maker Spyker. With financial debts mounting and no immediate prospects in sight, the future of Saab has been uncertain at best and downright gloomy at worst. In this key juncture, news that Shandong-based Hawtai Automobile has agreed to invest in and cooperate with the Swedish manufacturer has taken the industry by storm. What goal is Hawtai looking to reach, and what are the prospects for the proposed partnership? Gasgoo.com (Chinese) has brought a panel of experts to take a look at the question.
May 5 , 2011Gasgoo.com (Shanghai May 3) - SAIC Motor is developing an electric compact with its joint venture partner Volkswagen, the Guangzhou Daily reported today. SAIC is hoping to capitalize on VW's recent track record, with the German automobile giant having scored successes with the Passet (Lingyu), Lavida and New Passet.
May 4 , 2011