Lamborghini Opens Two New Dealerships in China
9 Nov 2009, 08:53 UTC · By: Alina Dumitrache / Italian manufacturer Lamborghini announced that it has opened two new dealerships in Beijing and Hagzhou in order to strengthen its position on the Chinese market. The manufacturer currently has 7 s...
BYD Still in Play for 400,000 Sold Cars in 2009
5 Nov 2009, 10:46 UTC · By: Bogdan Popa / BYD is one optimistic company as its Chinese owners are hoping to become the world's number one manufacturer by 2025 and snatch the leading position in the local market by 2015. Meanwhile, BYD ...
Ford Posts $1 Billion Net Income for Q3
2 Nov 2009, 13:47 UTC · By: Daniel Patrascu / In a somewhat surprising move, American carmaker Ford posted today an $1 billion net income for the third quarter of 2009, bringing the company's hope level to a new all time high: Ford hopes t...
Geely Confident of Buying Volvo
2 Nov 2009, 09:10 UTC · By: Bogdan Popa / Zhejiang Geely Holding, owner of Geely Automobile, is confident that it will manage to complete the Volvo takeover after Ford confirmed last week that the Chinese manufacturer has the biggest chance...
Schumacher 100 Percent Fit for Race of Champions
29 Oct 2009, 11:03 UTC · By: Ovidiu Panzariu / He may not be ready for a potential Formula One return in the near future, but Michael Schumacher is sure ready to show the world that he still has what it takes to fight for the win in the much awa...
OnStar Services in China Starting December
29 Oct 2009, 09:22 UTC · By: Bogdan Popa / Shanghai OnStar Telematics, a joint venture between GM, SAIC and Shanghai GM, announced the launch of OnStar services in China in December and will be available on several Cadillac, Buick and Chevro...
China May Add Auto Duty for US Carmakers
29 Oct 2009, 09:35 UTC · By: Daniel Patrascu / Following the introduction of an increased tire duty on tire imports from China, the Asian country strikes back as it announced it will begin an anti-dumping investigation which may eventually lead ...
Visteon Sees China as Key Market
29 Oct 2009, 08:12 UTC · By: Bogdan Popa / After filing for bankruptcy in the United States, Visteon is now studying new ways to cope with the economic downturn and expanding operations in China seems to be the easiest way to do that. In an ...
Ford Confirms: Geely Favorite to Buy Volvo
28 Oct 2009, 11:27 UTC · By: Bogdan Popa / After months of rumors, Ford has just confirmed that Geely is its preferred bidder for Volvo Cars, meaning that the Chinese company is now in pole-position to take over the Swedish unit. Details of ...
2009, Audi's Most Successful Year in China
28 Oct 2009, 10:38 UTC · By: Bogdan Popa / German manufacturer Audi announced that 2009 is already the most successful year in the company's 21-year history in China as it has already reached last year's sales figures. Since Januar...
China - Audi's No.1 Market in 2012
28 Oct 2009, 09:54 UTC · By: Bogdan Popa / Audi has quite high expectations from China and expects this growing market to exceed Germany in terms of new car sales and become its number one market in 2012. According to a report by Dow Jones c...
Renault Laguna Coupe and Clio In China Next Month
28 Oct 2009, 08:39 UTC · By: Bogdan Popa / Similar to other top players of the industry, Renault is looking to expand its operations into China and will do so with the help of Laguna Coupe and Clio. China Car Times writes that both models wi...
Buick LaCrosse Sales Explode in China
26 Oct 2009, 10:59 UTC · By: Bogdan Popa / Buick is one of GM's four core brands and it appears like things are going great in China. At least when it comes to the LaCrosse model, a model that almost tripled its sales in the country dur...
Barclays Buys BYD Shares
26 Oct 2009, 10:41 UTC · By: Bogdan Popa / The third largest UK-based bank and the current sponsor of the British Premier League, Barclays, recently purchased 32.33 million shares of BYD Co. for 78.15 HKD (10 US dollars) per share. As a res...
First Ducati Store Opens in China
26 Oct 2009, 10:00 UTC · By: Alina Dumitrache / Italian motorcycle manufacturer Ducati announced that its first official store in China has just been inaugurated. Gabriele Del Torchio (Ducati Motor Holding President), together with Cristiano Sile...
China: Rolls Royce Ghost Priced at $585,000
26 Oct 2009, 08:18 UTC · By: Bogdan Popa / Rolls Royce's latest contraption, the Ghost, was shown to Chinese fans at the 2009 Shanghai Auto Show as the British luxury car manufacturer sees China as one of the largest markets. The compan...
Changhe Suzuki to Start Production of WagonR
23 Oct 2009, 09:15 UTC · By: Bogdan Popa / Suzuki is studying the possibility to start Chinese production of the WagonR and its local joint venture Changhe might be the one chosen to handle local operations. China Car Times writes Changhe wi...
Volkswagen to Build DSG Plant in China
23 Oct 2009, 08:41 UTC · By: Bogdan Popa / Volkswagen has already emphasized that it wants to increase its Chinese operations in the near future and it appears the company is also considering building another DSG plant in Dalian, China. Sour...
Volkswagen Wants More Efficient Cars in China
22 Oct 2009, 14:01 UTC · By: Bogdan Popa / Volkswagen has already announced enthusiastic plants for China but the company continues to announce new goodies for this particular growing market. This time, the German brand said it wants more fu...
200 Audi Chinese Dealerships by 2013
22 Oct 2009, 12:19 UTC · By: Bogdan Popa / Audi will expand its dealership network in China by adding 54 new stores in the country by 2013, as the company aims to increase its local operations and benefit from the significant growth of the l...