Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Ford Plans to double its Chinese Market Presence in all Segments


Since November 2009, China is the world’s top car market, surpassing the US. So it’s only natural for automakers to pay their utmost attention. Among others, BMW previewed the new M5, Peugeot the 508, Nissan the new Tiida and Audi the Q3 at the Shangai Motor Show . The most recent example is Ford, which is planning to more than double its model line-up in the Chinese market according to a senior company executive. Read more »

In Car Video Footage of a Very Bizarre Incident



It’s a crazy, crazy world we live in. Don't believe us? Just take a look at this incident that took place somewhere in Asia, possibly in China if Google Translation did its work (visit the comment section to correct us if we're wrong).

While we can't be certain of the details surrounding this bizarre episode since the description on Youtube doesn’t make much sense after we translate it into English, through the dash-mounted camera we see someone who is driving a small green Toyota being chased by two men, one holding a baseball bat.

Read more »

Buick Launces eAssist Version of LaCrosse in China



The LaCrosse, Buick’s mid-size sedan offering, is doing quite well in China with 215,000 deliveries in the first seven months of the year alone. Now General Motors is adding the eAssist mild-hybrid version to the LaCrosse's Chinese line-up and is taking orders in 25 pilot cities, with the first cars scheduled for delivery in September. Read more »

China's BYD Sees Profits Plunge 89% in the First Half of 2011



With a billionaire like Warren Buffett backing you up and forming a partnership with none other than Daimler AG is supposedly a recipe for success. Yet Chinese automaker BYD reported a 89% drop in profits in the first half of the year compared to the same period in 2010.

BYD’s sales in the first six months of 2011 were down 23.4%, to 220,131 units. Deliveries of the core models of its range, such as the F0 city car, the F3 compact and the F6 mid-sized sedan plunged right after the governments incentives for new car buyers stopped at the end of last year.

Read more »

GM’s EN-V to Replace Cars in Tianjin, China’s Futuristic Eco-City



At the 2010 Shanghai World Expo, General Motors (GM) unveiled a trio of two-wheeled neighborhood electric vehicles (NEVs) collectively named EN-V to the world.

Unlike the brand’s mainstream models, these concepts were lightweight and compact EVs for an as-of-yet unrealised city of the future. With a host of telematics and cameras to avoid other EN-Vs, pedestrians and other obstacles on the road coupled with a highly accurate GPS system, these concepts were theoretically accident-proof and self-driving.

Now a consortium from China and Singapore are drawing up plans for Tianjin Eco-City: a large-scale prototype for the sort of sustainable, high-density communities we’re expected to see in the coming decades.

Read more »

Rolls-Royce Celebrates Upcoming “Year of the Dragon” with Bespoke Collection



Google “Year of the Dragon” and chances are you ‘ll come up with either the Chinese calendar that starts on January 23, 2012, or the Michael Cimino directed and Oliver Stone scripted 1985 film starring Mickey Rourke.

Now the world’s most popular search engine will also display a new collection created by Rolls-Royce's recently expanded Bespoke Department.

Read more »

GM's Low-Cost China Brand Baojun Begins Sales of New 630 Sedan, Priced Under $10k [61 Photos]



Not content with being China's largest foreign automaker, General Motors hopes to further increase its sales in the country with its newly launched low-cost Baojun brand, which the Detroit automaker developed with local partners SAIC and Wuling.

With the Baojun brand, GM wants to compete in the fast-growing market for new cars in smaller Chinese cities targeting first-time buyers with a budget of around $10,000. Domestic Chinese rivals include Chery Automobile, Geely Automobile Holding and BYD.

Read more »

This is What Happens When You Keep Your Eyes on the Girl and not on the Road


The title of this post is pretty much self-explanatory, but if you insist here's the skinny: a man riding his scooter on the road spots a young and apparently attractive woman dressed in a knee-high dress walking on foot.

And as it surely has happened to so many others, one quick look didn't satisfy our protagonist's curiosity (or possibly admiration) so he let his guard down and turned his focus away from the road to get a 360 view of the young woman… See what happens next after the break in the security camera footage.

Read more »

This Chinese Driver is the New Guinness World Record Holder for the Tightest Parallel Parking


Records are meant to be broken and even though the Guinness World Record officials are keeping a lid on the video of the Chinese driver who beat German Ronny Wechselberger's feat for the tightest parallel parking on July 21, live footage shot by someone from the crowd has made its way online.

Read more »

Saab Sells 5 Million Shares to Find Short-Term Funds


Exactly a month ago to this day, Saab announced a deal with China's Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co while also revealing a grand plan for expanding its range with three new models, the 9-1, 9-6X and 9-7. It also delivered its first 9-4X in the US. All’s well that ends well, right?

Well, in Saab’s case it looks like we haven’t seen the end just yet. The Swedish firm continues to face a cash-flow problem. Thus, it issued a press release concerning the subscription notice for 5 million shares under a €150 million agreement between Swan and GEM Global Yield Fund Limited.

Read more »

Toyota to Launch New Small Cars for China, Brazil and Indonesia


Toyota is planning to launch a new small car designed specifically for China in 2013, according to a report from Reuters citing the Nikkei business daily newspaper.

The new small car will be a little larger than the low-cost Etios that is sold in India. A 1.5-liter gasoline engine will power it and prices are expected to begin from under 1 million yen (approximately US$12,853).

Read more »

Made in China: Scion / Toyota iQ Copy Wants to Conquer Europe […]


It may have been a while since we last showed you a "Made in China" doppelganger, but rest assured, the economic giant from Asia, never sleeps.

As if it weren't troublesome enough that China reaps all the benefits of free trade to sell its products everywhere while enforcing all kind of rules when it comes to imports (did you know, for example, that only 20 foreign films are allowed for release in China each year?) or opening a local business, the country has also established notoriously lax patent and copyright laws.

While not in significantly large numbers, many Chinese companies have targeted the automotive industry creating various knock offs of European and Japanese vehicles. Longtime Carscoop reader John F.T. from Norway* discovered yet another copy while browsing on a local online marketplace.

Read more »

Caterham Seven Makes its Way to China


Small boutique sports carmaker Caterham is looking for ways to expand its sales reach by entering Asia’s most lucrative car market. The UK-based company announced today that it has signed an exclusive deal with import firm Courtenay Trading International (CTI) to sell its iconic Seven model in China.

Caterham said that even though it has had a “long-standing presence” in the Far East, most notably in Japan, this will be the first time the Seven will be available in China.

Read more »

BMW Expects More Growth in China in the Second Half of 2011


At a press event on Monday, BMW sales chief Ian Robertson said that he expects the brand’s sales in China to grow, albeit not at the extraordinary rate of 61% that it achieved in the first half.

"In the second half of the year we will not have such a fast growth rate in China as in the first half because of the high year-earlier level of comparison, but will still have growth," said Robertson.

Read more »

Volvo Aims to Boost Sales in China, Become Known for More than Safety


Volvo wants to increase its sales in China by at least 60% this year, to 50,000 cars, and to 200,000 by 2015. And how does the Swedish carmaker, which is owned by China’s Geely, intend to do so? By adding user-friendly comforts and a touch of luxury, according to Volvo’s CEO, Stefan Jacoby.

The reason for this shift is that Volvo’s greatest asset, safety, is not a unique selling point any more now that most rivals have made similar advances in this sector.

Read more »

Fiat Marks 500 Launch in China with 100 “First Edition” Models


The first Fiat 500 to make its way into China was presented today in Shanghai by Fiat Group Executive Vice President for International Operations, Lorenzo Sistino.

To celebrate the launch, Fiat crafted a special version named 500 “First Edition” featuring bodywork graphics by five young Chinese designers. The special edition will be available in a limited run of just 100 numbered units ahead of the city car’s regular launch in China on September 15.

Read more »

New Study Finds that Chinese Buyers Prefer European over Local Brands


Car buyers’ preferences in China are shifting towards European models and away from domestic and even Japanese vehicles, according to a new study published today by JD Power Asia Pacific. This is the third year that the study takes place.

The latest edition included 65 brands and 161 separate models in nine segments and is based on responses from 4,979 potential buyers of new-vehicles located in 53 cities.

Read more »

China Hopes To Poach Overseas Automotive Engineering Talent


China has a problem. Although it has the financial and material resources to compete with the world’s automakers, it lacks the design and engineering knowhow.

The solution – to companies such as BAIC, Dongfeng, Chang’an and others – is to seek talent abroad; in Germany, Italy, Japan, the UK and USA. Research and development centres are popping up in Nottingham and Detroit and recruitment fairs are being held in Munich, Stuttgart and Aachen.

Read more »

Saab Finalizes Deal with Panga Da and Youngman, Announces New 9-1, 9-6X and 9-7


Saab’s parent company Swedish Automobile NV said on Monday it converted the non-binding memorandum of understanding with Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co into a final agreement. However, the deal is still subject to regulatory approval from Chinese and Swedish authorities as well as the European Investment Bank.

In addition to the above agreement, Saab announced the formation of a Sweden-based joint venture company between itself and Youngman called NPJV, which will focus on the development of three new product models.

Read more »

Bentley Defies Crisis with a 20% Increase in Global Sales


Crisis? What crisis? For you and me, perhaps, but not for Bentley buyers. The VW-owned British luxury carmaker announced today a 20% increase in global sales for the first half of 2011 with 2,978 cars delivered to customers, the best start for the company since 2008. Read more »
Related Posts Plugin for WordPress, Blogger...