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Fisker Back, Chinese Owner Promises Success
Lu Guanqiu may not be a household name right now but he could become the next Elon Musk. The Chinese billionaire bought failed automaker Fisker at a bankruptcy auction and promises to challenge Tesla with his latest acquisition.
China’s Beijing Auto Wants to Buy a US Automaker
Chinese automaker Beijing Automotive Group is planning to fast track its global expansion and is looking to buy a US automaker in order to do so.
BYD Han is a Chinese Supercar in the Works
Could a Chinese automaker rival the likes of Ferrari and Lamborghini?
Buick: Resurgent Division or Boat-Anchor Brand?
Buick is one of GM’s four remaining brands in North America. Following the company’s bankruptcy filing in the middle of 2009 divisions including Pontiac, Hummer, Saturn and Saab were jettisoned like Thanksgiving leftovers at Easter time. Ostensibly this cull allowed the firm to concentrate on its best brands, but why did Buick make the cut…
Peugeot gets $1.1B Investment from Dongfeng
Peugeot PSA Citroen will get a three-billion Euro injection backed in part by Chinese stakeholder Dongfeng.
Volvo, Geely Working on Global Subcompact Car
Volvo and Chinese parent company Geely are working together on a sub-compact car that will be used exclusively by the Chinese automaker.
BYD Says Chinese Cars Coming to US by Late 2015
Chinese cars are on their way to the streets of the U.S., and could arrive as early as late 2015 according to a senior executive at Chinese automaker BYD.
Fisker Finds New Last Minute Bidder With Plans to Restart Production, Add New Models
Wanxiang American Corp. has put in a “stalking horse” bid on Fisker, which is supposed to be sold to Hybrid Tech Holdings LLC for $25 million.
Qoros’ Second Model to Drop Cloth in Geneva
Chinese automaker Qoros will debut its second model next March during the 2014 Geneva Motor Show.
MG’s First Crossover Heading to Beijing Motor Show
Leaked sketches of MG’s first crossover show the unnamed vehicle, which is set to make its public debut at the 2014 Beijing Motor Show.
PSA and Dongfeng Agree to Alliance
PSA Peugeot Citroen and Dongfeng Motor Group have agreed on the main terms of an alliance that will be backed by a $4.1 to $5.5 billion capital injection for the French automaker.
Volvo’s Drive-E Engines Delivers the Goods with Low CO2 Emissions
All automakers are under enormous pressure to deliver the highest fuel economy possible without sacrificing performance. Volvo’s answer to the problem is their new Drive-E lineup of engines.
2014 Ford Transit Connect Taxi: More Space, Less Fuel
What does Hong Kong have in common with New York City, Chicago, Miami and Los Angeles? Other than being a large, cosmopolitan metropolis it’s also the latest municipality to select Ford’s Transit Connect Taxi for duty.
Dongfeng Might Buy Big Stake in PSA
Chinese automaker Dongfeng Motor Corporation is reportedly planning to take a 30 percent stake in PSA/Peugeot-Citroen.
China’s Geely to Export Volvo-Developed Models to U.S., Europe
Geely aims to become China’s largest vehicle exporter this year, with as many as 180,000 units shipped overseas.
Acura Vehicles to be built in China by 2016
Luxury cars are making a huge splash in the Chinese market, and Acura is the latest automaker to ink a deal with a local partner to build cars and crossovers by 2016.
Chinese Automaker Eyes European Brands for Takeover
Beijing Automotive is planning to buy its way into the European automotive market, as the state-owned automaker targets three European manufacturers as potential takeover targets.
Qoros Developing Windows Azure-Based Infotainment
Though Qoros won’t be heading to America anytime soon, the Chinese automaker is working on an infotainment system built on the Windows Azure cloud platform.
Chinese Electric Cars Aim at US Taxi Fleets
American taxi fleets will be allowed to buy electric cars from Chinese automaker Build Your Dreams (BYD) despite the brand’s choice not to offer at the consumer level.
Detroit Electric, Geely Partner to Develop EVs for China
Chinese company Geely Automobile Group has teamed up with reborn Detroit Electric Inc. to form a strategic partnership where both parties will co-develop pure electric vehicles for the Chinese market.
Kia Launching Chinese Sub-Brand Called Horki
Kia’s Chinese joint venture, Dongfeng Yueda Kia, announced the creation of a new Chinese-only brand at the Shanghai Auto Show today, called Horki.
China’s Great Wall Motor Co. Aims for U.S. Sales by 2015
China’s largest SUV manufacturer, Great Wall Motor Co., wants to begin selling vehicles in America, and hopes to do so by 2015.
BMW Launching Chinese EV Brand Called Zinoro
BMW is launching a new Chinese brand called Zinoro in conjunction with its Chinese partner Brilliance Auto, specifically to develop and sell EVs.
Geely Won’t Make Final Bid for Fisker Due to DOE Obligations
China’s Geely was expected to finalize the sale of Fisker by mid-March, but the Chinese firm will no longer bid for a majority stake in the troubled American electric automaker.
