Major Chinese Automakers Deny Plans to Acquire FCA
FCA just can’t find a buyer, it seems.
Chinese automakers
Chinese Automaker BYD Delivers First Electric Truck to US Freight Company
Chinese automakers BYD has delivered the first of 27 electric trucks coming to southern California.
Top 10 Best-Selling Cars in China
China is the biggest automotive market in the world, with the country selling and making more cars than anywhere else on the planet.
Chinese Automakers Could Seriously Shake Up the Auto Industry
Like it or not, the Chinese are already playing a significant role in the North American automotive business.
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.
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.
China’s Chery Takes Aim At European Market
In order to be sold in Europe, the Qoros will have to meet, among other things, NCAP safety standards; a goal has been set of achieving five-star crash status and former Mini design direct Gert Hildebrand has signed up to work on the project, while Austrian company Magna-Steyr is reported to be actively involved.
GM and China’s SAIC Join Forces for EV Development
Tim Lee, president of GM’s International Operations believes that this latest joint venture, which builds on partnerships established by the US auto giant and SAIC for 15 years, represents a broad range of benefits made possible by the commitment of the two companies in this venture, as well as representing an “unprecedented level of cooperation.”
Spyker Says Saab Won’t Meet 2011 Production Targets
In a further effort to help restart production, Saab also said that it was raising funds from shareholders, “pursuing various initiatives to improve the group’s liquidity” in the words of the company, but declined to elaborate any further.
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