Chery and Magna Steyr join forces to penetrate Europe
If you can’t do it on your own, why not get some help? Chinese carmaker Chery is planning to enter Europe with the help of Magna Steyr, which is based in Austria and builds cars […]
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Chinese brand Hawtai to partner Proton after Saab failure?
When Youngman recently bought a stake in troubled Swedish brand Saab, we raised the question on the former’s relationship with Proton. Youngman has been Proton’s partner for quite some time now – Proton provides models […]
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BYD sales decline by 20%, sales boss resigns as a result
Not every sales stories from China is a rosy one. Private Chinese automaker BYD, which is partly owned by Warren Buffett’s Berkshire Hathaway, is seeing sales slump. After it almost doubled in 2009, BYD sales […]
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Jianghuai Automobile to build assembly plant in Brazil
Some news about Anhui Jianghuai Automobile Co, or JAC. The Chinese automaker is looking at expanding its presence in Brazil by building a production plant there, reports say. The Hefei-based company, which made more than […]
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Fiat CEO Marchionne warns against underestimating China
In many automotive circles, whether at the mamak or in boardrooms, China is still the butt of jokes. However, underestimating Chinese carmakers may not be that wise, if one remembers that Japanese and Korean cars […]
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Great Wall Motor lining up Shanghai IPO to raise funds
Great Wall Motor Co, China’s biggest maker of pick-up trucks, is lining up an initial offering in Shanghai to fund its product development plans. The SSE offering seeks to sell as much as 10% of […]
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Great Wall Motor comes to Malaysia – Haval diesel SUV at RM120k, Wingle pick-up truck starts from RM59,888!
UPDATE: Mega hi-res gallery added after the jump There’s a new auto brand in town, and it’s the Great Wall from China. Brought in by franchise holder Green Oranges Sdn Bhd, the brand, which is […]
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Geely to build its own assembly plant in Indonesia
Geely Automobile is definitely looking at making some serious inroads in Indonesia. The company has been selling its cars in the country since April 2010, and through its local subsidiary Geely Mobil Indonesia now has […]
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Geely Panda puts its paw on the Indonesian market
Of the many cars that Chinese car manufacturer Geely put on display at the 2011 Indonesian International Motor Show, this one caught our eye – the Geely Panda. The entire car is Panda-themed, for example […]
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Saab and Youngman to form joint venture to develop three new models: the 9-1, 9-6 and 9-7
Saab, through its owner Swedish Automobile, has signed an agreement with Zhejiang Youngman to form a joint venture in Sweden to develop three Saab models. The company issued a statement which said that the 50:50 […]
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PSA Peugeot Citroen-Changan JV gets govt green light
There’s plenty of car money to be made in China, and everyone is either striking deals, building plants or increasing output. Now, French automaker PSA Peugeot Citroen revealed that it has attained Chinese government approval […]
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Warisan TC Holdings inks deal with Beiqi Foton to assemble and distribute new range of light duty pickups
Warisan TC Holdings is set to expand its light commercial vehicles product range in the country, a report says. The company, through its 70%-owned subsidiary, Kereta Komersil Seladang, filed an announcement with Bursa Malaysia yesterday […]
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Fiat 500 “First Edition” arrives in China – only 100 units
Click to enlarge Ahead of the Fiat 500’s official debut in China in September, the Italian automaker has previewed a “First Edition” version, which is a limited run of 100 units made exclusively for the […]
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Saab-Youngman JV to build three new models in Sweden
Swedish automaker Saab, part owned by Spyker, part owned by the Chinese, has signed an agreement with Zhejiang Youngman Passenger Car Group Co to form a joint venture in Sweden. This 50-50 JV will develop […]
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Lotus Cars enters China – Lotus China Symphony appointed as official distributor
Lotus Cars has begun its move into the Chinese market – the company has appointed Lotus China Symphony as the official Lotus Cars distributor for the country. Beijing-based Lotus China Symphony – or known as […]
