Chinese
Geely to Supply Engines to Formula 4 Series
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Chinese automaker Geely is officially certified by the FIA to supply its 2.0-liter naturally aspirated engine to the Formula 4 racing series.
Fisker’s Chinese Backer Wants Second Model
For Wanxiang, job one at Fisker is fixing roughly 250 bugs with the Karma luxury car before production can resume. After that, the goal is to launch a second model.
Chinese Car-Buyers Prefer Foreign Automotive Brands
China is the wild, wild east of the automotive industry. Home to more than 1 billion people and counting, it’s a hugely important market for car companies. There are many domestic brands over there but curiously foreign companies are making significant headway.
Peugeot gets $1.1B Investment from Dongfeng
Peugeot PSA Citroen will get a three-billion Euro injection backed in part by Chinese stakeholder Dongfeng.
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.
Saab 9-3 to Start Trickling from Trollhattan on Monday
Saab will resume production of the 9-3 on Monday at its Trollhattan, Sweden facility.
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.
Volvo, Geely Begin Work on New Modular Platform
Volvo and Geely announced today that a new research and development center is operating and has begun work on developing a new modular architecture to be shared between the companies.
BMW Demand in China to Surpass US in 2013
BMW expects demand for its vehicles in China to outstrip U.S. demand this year.
Ex-Porsche Designer to Refine Chinese Car Brand
Chinese automaker Chery wants to style its cars like the Germans and hopes former Porsche designer Hakan Saracoglu will be able to help.
Chinese Automakers a Decade Away from Being Global: Report
Despite having made impressive jumps in recent years, the Chinese automotive industry is believed to still be a decade away from being globally competitive.
Daimler Increases Investment in Chinese Market
Still soldiering toward its goal to regain the world’s top luxury automaker title, Daimler paid 640 million euros for a 12 percent stake in Beijing Automotive Group today.
Johnson Controls Appealing A123 Sale to Wanxiang
Johnson Controls, the sole American bidder to U.S. battery maker A123, is appealing the company’s sale to Chinese firm Wanxiang Group.
Toyota Yaris With Lexus-Style Spindle-Grille Spotted in Chinese Diagrams
These photos of an aggressive-looking three-door Toyota Yaris have just surfaced in the Chinese media.
Qoros is Chinese Automaker Aimed at Euro Market – Spy Photos
You’re not alone if you haven’t heard the name Qoros before, that’s because its a newly-formed subsidiary to Chinese automaker Chery.
Volvo XC90 to Become New Chinese Flagship
Volvo’s aging XC90 is becoming a hand-me-down to Chinese luxury buyers as the automaker signs it over to its parent company Geely.
Lotus Owner Seeks Chinese Buyer for Brand: British MP Says
Lotus‘ Malaysian owner DRB-Hicom is seking a Chinese buyer for the brand as recently as last night, flying in the face of information included in the automaker’s much-publicized “rant” press release from April 12.
Youngman Extends Another Bid For Saab
Just when it seemed Saab would be gone from news headlines for good, Youngman swooped in again to make a bid. Apparently the company hasn’t given up on getting Saab back up and running. According to Dagens Industri, a Swedish business news organization, the Chinese firm is submitting a £430 million offer, or about $560 million….
Daimler, BYD to Preview Electric Vehicle Prototype At 2012 Beijing Auto Show
Last year, Germany’s Daimler AG and the Chinese BYD Auto have formed a 50-50 joint R&D venture called “Shenzhen BYD Daimler New Technology Co. Ltd.” to pursue a new brand that will focus on the development of pure electric vehicles for China. Now, the two automakers have revealed intentions to introduce a new electric vehicle concept…
IndyCar Will Hold A Race In China For Next Season
The IZOD IndyCar Series will be brought to China for the first time in a race scheduled on August 19, 2012. Held in Qingdao, China, located between Beijing and Shanghai, this coastal city has previously hosted the 2008 Summer Olympic sailing competitions. Until finances can provide for a proper racing circuit to be constructed, a 6.2…
Chinese Buyers Pledge $850M in Long Term Saab Funding
After much back and forth over the past months between Swedish Automaker Saab and Chinese suitors Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co., it seems like funding for Saab is very much back. The Chinese companies have both agreed to buy the Swedish automaker, providing the company with some much needed…
Buick Envision Concept Headed to Production
While currently operating brands Buick, Chevrolet, Cadillac, and Wuling in China, the very first China division GM crossover, the Buick Envision, will come to market next year, according to a report from the Beijing Times Newspaper. Shanghai GM first introduced the Envision concept at the 2011 Shanghai Auto Show and presented a very progressive shape,…
Saab To Reach Deal With Chinese Investors By End Of this Year
After more than a year of struggle under Spyker’s management, many thought Saab would have succumbed to its financial woes already, yet somehow the Swedish automaker has been able to pull a few tricks out its bag just as it would seem that its luck had run out. The latest reports indicate that Saab’s two…
Volvo Concept You Has a Very Chinese Feel: Frankfurt Auto Show 2011
There’s something really Chinese about the Volvo Concept You but I just can’t quite put my finger on it. And I’m actually Chinese. That there is an oriental feel shouldn’t be a surprise. The Concept You is an evolution of the Concept Universe revealed earlier this year at Auto Shanghai earlier this year. Volvo sought…
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