Archive for June, 2009
Chinese netizens comment on Sichuan’s Hummer purchase.
The big news of the day is of course, Sichuan Tengzhong Heavy Industrial Machinery Company’s purchase of Hummer from GM. The New York Times were the first to break the story, but GM soon released a press release which confirmed earlier reports. The Chinese automotive press were naturally all over the story, and Chinese netizens [...]
Chinese built TX4 to go on sale on June 8th
The Geely built London cab, aka the TX4, will go on sale on June 8th with a price tag of 300,000rmb. The iconic (we must use this word to describe the cab, or Paul Stowe will get angry) taxi cab will be up for sale to private, or taxi buyers from the 8th June. Under [...]
Fiat to move into Changfeng factory
The recent JV between Guangzhou Auto and Fiat is set to find it’s home in Changfeng’s factories, which Guangzhou recently received via their Changfeng-Guangzhou merger. Fiat plans to invest over 4 billion RMB into their latest China venture, and by 2011 plans to be producing cars. The venture aims to produce 140000 cars per year, [...]
Brilliance FRV Crossover launches on June 18th
The Brilliance FRV Crossover is set to launch on June 18th 2009, and is expected to be another winner for the infant car company that has had a string of automotive wins with its popular car line up. The first range of Crossovers will come with an odd choice of 1.5l and 1.6l engines. The [...]
Chery launch AWD Tiggo for 100k
Chery have launched a four wheel drive version of their popular Chery Tiggo SUV, the AWD version will start at an impressive 100,580rmb for the 2.0L SUV mated to a 4 speed semi automatic gearbox. Although not a true offroader, the AWD Tiggo3 will open a market niche for compact AWD SUV’s in the chinese [...]
Chinese co buys Hummer!
Whilst other Chinese car co’s were busy chasing Volvo, SAAB, and ex Chrysler technology, a plucky little company based in China’s western provinces has purchased Hummer from GM, at least according to the New York Times. The company, Sichuan Tengzhong Heavy Industrial Machinery Company based in Chengdu is a privately owned company, and a major [...]
China is a weaker player?
From the Washington Times: More than two-thirds of the cars sold in China are foreign brands; General Motors Corp., which declared bankruptcy Monday, has the largest share of the Chinese market — more than 12 percent last year or nearly 1.1 million cars. What’s more, Chinese cars need to become relevant in their own market [...]
BAW shopping for Fujian Auto
BAW were unsuccessful in their late bid for Opel, and it seems they are now keen to shop for automotive wares closer to home. Fujian Auto is made up the popular SouEast brand which produces its own self developed cars, as well as having a joint venture with Mitsubishi. Fujian Auto also has a joint [...]
Changfeng/Guangzhou Acumen rendered splendor
Changfeng had a few concepts at the Shanghai Auto Show in April, which is probably what brought them to Guangzhou Auto’s attention and ultimately their merger in the middle of April. The above cars are set to come in both sedan and hatch format, our insiders tell us that a sedan is set to launch [...]
China to raise gas prices, after denying they would do so
The National Development and Reform Commission (NDRC) announced today that they are to raise fuel prices in China by 400rmb per ton, however only last week did an NDRC spokesman deny that they planned to raise the price of fuel in the near future. The price rise is blamed on the 30% increase in oil [...]
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