The strategic contract between PSA and Chang’an Auto, which will see PSA move into Hafei Auto’s factory in the strategically important city of Shenzhen was signed today and will take yet another car maker into the metropolis.
PSA’s entry into Guangzhou province represents one of the first smart moves that PSA have achieved in China, its initial JV with Dongfeng to produce the Citroen and later Peugeot range in China started off well with the Citroen ZX becoming the car to own at one point, but soon slipped behind the competition, …

Sixteen of the largest state owned Chinese auto makers are set to form an alliance that will push for the development of electric vehicles in China, and will be a major linchpin in the governments plans to push the electric car industry in the right direction and have a lesser dependency on fossil fuels.
The alliance was formally created late last week and will have a war chest of 100 billion Yuan (14.7 billion USD) to spend on the development of electric vehicles by 2012 according to Chinese media reports. The …

From Reuters:
Shanghai resident Jiang Qinxia is just the kind of guy that global automakers like General Motors hope will jumpstart their foray into China’s fledgling and potentially lucrative consumer auto financing business.
As an upwardly mobile junior manager, Jiang, 26, recently drove home a new 105,000 yuan ($15,500) Buick Excelle after taking out 50,000 yuan loan from GMAC-SAIC, a three-way tie between Ally Financial, a SAIC Motor (600104.SS) affiliate and GM’s car venture with SAIC.
“I don’t mind paying a little bit more to get …

According to China Daily:
Jin Dong, a 25-year-old marketing executive, has just taken delivery of his new car – without stepping into a dealership.
Instead, Jin bought his 120,000 yuan ($17,720) Focus hatchback, made by Ford Motor Co’s joint venture with Changan Motor Corp, through the Internet.
“I prefer online shopping. It saved both time and energy,” said Jin, who ordered the car on one of China’s many automotive websites, cheshi.com.
“I didn’t even have to pay a deposit, just the full price when I took delivery five days later.”
While …

This may well be China Car Times, but we sometimes look into the hermit kingdom of North Korea where it appears to be China in the 1960′s. The trucks shown below are based on early FAW designs, and those with the barrels to the rear of the driver are powered by wood, it might sound like a strange combination but it was a popular solution to the fuel crisis that gripped Europe in the middle of World War Two, and due to the scarce fuel in North Korea it seems …