Surprisingly, large segments of Americans are willing to buy Chinese made cars. Market research company GfK Automotive did its annual Barometer of Automotive Awareness and Imagery, and found that 38 percent of the respondents would consider buying a Chinese car. According to the study, “The openness to purchasing a Chinese and Indian vehicle is highest among...
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Saab halted production yesterday at its Trollhattan plant in Sweden after operations were disrupted by problems with supplier deliveries. Saab resumed production on May 27 after shutting down from April to May due to non existent operating capital. Suppliers became worried about receiving payment and stopped supplying the Swedish plant. Saab began a deal with Chinese car distributor Pang Da...
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China has become Audi’s largest single market in the world. From January to April, the Germany luxury brand sold 78,487 vehicles in its home country. Compare this to the 87,788 Audis sold in China in the first four months of this year. Last year, Audi’s home market just edged out the growing appetite for cars...
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Volkswagen has launched a new platform called “People’s Car Project” debuting in China. This allows internet users in China to post ideas about cars of the future at zaoche.cn. This project is hoping to inspire the Chinese with VW through the interactive content. The aim is for users to co-develop their Volkswagen model of the...
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We almost love it when we find things on the Internet that leaves us completely speechless. Unfortunately this find also made us throw up a little bit and shake our heads in disgust. This isn’t to knock the goals and dreams of an individual and having the determination to execute the task – but let’s...
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Saab has been surrounded by general corporate uncertainty and financial trouble over the last few weeks. The failed deal with China’s Hawtai Motor and Saab’s $100 million payment mishap with its parts suppliers have taken a toll on the Swedish automaker however the company may have a second chance. Saab announced on Thursday that it...
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Go ahead and raise your hand if you’ve made a ridiculous bet while out drinking with a few of your friends. Admit it, we all have and most of the time we never follow through and just hope everyone else forgot about the night before. But not Li Guiwen. This army driver from Beijing stuck...
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Chinese electric car maker BYD announced plans to establish a headquarters in Downtown Los Angeles, in a joint statement released with the Mayor of Los Angeles, and the Governor of California. “By the end of next year, the plan is to offer several models,” BYD Senior Vice President Stella Li told reporters in Los Angeles....
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The Beijing Auto Show has brought a slate of new releases from companies like Ferrari, Lamborghini and Bentley, but the most opulent and outrageous vehicle is a homegrown Chinese product. The Hongqi may look like a poor imitation of a Rolls Royce, but the Hongqi Limo is a serious car in its own right. At...
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