Geely and BYD Cars in Europe Starting in 2010
11 Aug 2009, 13:48 UTC · By: Bogdan Popa / Austrian car dealer Denzel will be the first to sell Chinese cars in Europe as the dealership will begin importing cars built by Geely and BYD Auto from 2010. The three parties signed partnerships ...
Changan Ford Posts 54% Sales Increase
11 Aug 2009, 12:53 UTC · By: Bogdan Popa / Ford is one of the manufacturer which are benefiting from the growing market in China, as its local partner, Changan Ford Sales Company (Changan Ford) today reported a sales increase of 54 percent i...
Volvo Sold by December
7 Aug 2009, 13:31 UTC · By: Bogdan Popa / The Swedish brand Volvo which is currently looking for a new investor to buy the majority stake will be sold by the end of the year, Swedish industry ministry state secretary Joeran Haegglund said. ...
More Chinese Parties Looking at Volvo
7 Aug 2009, 10:52 UTC · By: Bogdan Popa / After the battle for Opel came down to only two companies, RHJ and Magna International, Volvo turned into the most attractive target for many automakers out there who want to purchase the ailing Swe...
Audi July Sales, Up 2.1 Percent
6 Aug 2009, 09:44 UTC · By: Daniel Patrascu / Small building blocks towards recovery were set by all manufacturers in recent months and Audi makes no exception. The German manufacturer announced today its sales increased by a small, yet signifi...
Brilliance, Mercedes Joint Venture in China
5 Aug 2009, 09:54 UTC · By: Bogdan Popa / Mercedes is moving quite fast nowadays and, following the same trend of the auto industry, is directing its efforts towards China, one of the most important sides in this particular sector these day...
Audi Eyes New Chinese Plant for A4, Q5
5 Aug 2009, 09:20 UTC · By: Bogdan Popa / China's auto sector grows bigger and there's no doubt about this as global automakers direct their efforts to this side of the market. After Hyundai somehow hinted that it wants to constr...
Hyundai Says Third Chinese Plant Still in Doubt
5 Aug 2009, 07:49 UTC · By: Bogdan Popa / Following reports that the company is now planning to build a third plant in China to cope with growing demand, Hyundai today denied rumors, saying that no decision has been made until now. However,...
Geely Buys Site for Chinese Volvo Factory
4 Aug 2009, 10:33 UTC · By: Bogdan Popa / Even if the Geely - Volvo deal is still in doubt due to a number of reasons, the Chinese buyer seems to be sure that the Swedish brand will step under its very own umbrella. Geely Holdings Group is ...
Hyundai Seeks Third Plant in China
4 Aug 2009, 09:54 UTC · By: Bogdan Popa / Things are going fairly well for Hyundai, the South Korean manufacturer which goes from record to record in several regions of the world. After announcing enthusiastic sales in Canada and in the Uni...
GM in China, Best July Ever
3 Aug 2009, 09:12 UTC · By: Bogdan Popa / Things are going well in China, one of the largest markets for many automakers out there who got lured into this country thanks to a continuous grow in demand. Despite the global economic recession,...
PSA Plans Second Joint Venture in China
31 Jul 2009, 13:54 UTC · By: Bogdan Popa / PSA continues its global expansion with a new mission: the French alliance wants to form a new joint venture in China. The second one, to be more specific... According to The Financial Times, PSA Pe...
BAIC Keeps an Eye on Volvo
31 Jul 2009, 13:28 UTC · By: Bogdan Popa / BAIC, who has been most recently linked with an Opel takeover proposal, is now interested in purchasing the Swedish ailing manufacturer Volvo. The Chinese manufacturer has already announced it is lo...
Daihatsu Leaves China
31 Jul 2009, 09:26 UTC · By: Bogdan Popa / While other automakers see rivers of milk and honey in China and try anything possible to expand their presence in the country, Daihatsu is continuously losing ground following the economic chaos. A...
Geely Receives Beijing's Blessing to Buy Volvo
30 Jul 2009, 08:53 UTC · By: Bogdan Popa / Geely is making small and steady steps towards the final bid for Volvo as it appears the Chinese manufacturer has became the favorite bidder for the Swedish brand. After a report rolled out in mid-J...
GM China Targets 70 Percent Sales Boost in July
30 Jul 2009, 07:49 UTC · By: Bogdan Popa / Automakers who are selling cars in China have extremely high expectations from this particular markets, mostly following the remarkable figures posted in the last few months. General Motors for exam...
Geely Emgrand EC718 Arrives in August
29 Jul 2009, 13:30 UTC · By: Daniel Patrascu / The sedan with the longest wheelbase in Geely's history was officially scheduled for release in China next month, bringing with it "luxury, steadiness and power,” as the manufacturer...
Daimler Posts 1 Billion Euros Q2 Loss
29 Jul 2009, 12:47 UTC · By: Daniel Patrascu / German manufacturer Daimler posted today its financial results for the second quarter of 2009, with figures showing a total net loss of 1,06 billion, a figure which stands above the 1.28 billion los...
Americans Admit They Would Buy Chinese or Indian Cars
29 Jul 2009, 09:58 UTC · By: Bogdan Popa / We already know the economic recession made people change their minds a little bit, especially when it comes to the money to be spent for a new car. Well, it might seem like Americans are now review...
Mercedes' Big Chinese H1
29 Jul 2009, 08:40 UTC · By: Daniel Patrascu / With most of the automakers in the world today fleeing to China to get that needed wanted breath of fresh air, there's no surprise in seeing them posting, full of confidence, sales results for ...