Luxury car maker Fisker are pushing back their plans for a China launch until 2013 according to Reuters reporter Nichola Groom who managed to corner Fisker’s Roger Ormisher on the floor of the LA Auto Show which opened this week.
Fisker said earlier it would launch in China by the end of this year. But the company encountered a slight delay…
Read More →
The Youngman-Proton tie up is producing some interesting cars, not interesting in a ‘wow‘ factor but more interesting in the ‘What were they thinking?‘ aspect. Youngman bases its cars off the Proton RCR, a car that was originally sold in China but has since given away to two self developed models from Youngman, neither products are…
Read More →
The China Festival of Speed promised so much, at least on paper. A few tell tale signs that the event wouldn’t be up to expectations came via their official website, parts of it were still under construction come opening curtain time but the organizers were active on Chinese social media circles, busily promoting the event to super car clubs, car clubs,…
Read More →
Qingdao, the so called Green Island City, is actually a peninsula. Trapped in this peninsula is a rather green Porsche Panamera that is living upto its home town name. Qingdao is also the home to Tsingtao Beer, famed for its green beer bottles which is exactly what this Panamera looks like.
In the good old PRC the Panamera weighs in…
Read More →
From Reuters:
German sportscar maker Porsche (PSHG_p.DE) is bracing for slower sales growth in China this year as the country’s premium auto segment loses momentum amid a slowdown in economic growth.
China’s economy grew at its slowest pace in the first quarter — 8.1 percent against 8.9 percent in the previous three months — in three…
Read More →
Porsche sells…
Last week Porsche announced that they had to recall 20,800 Porsche Cayennes from the Chinese market as part of a 100,000 unit world wide recall, however Porsche China owners are very much unfazed by the recall.
The recall only affects cars made between March 8th 2011 and January 2012 and is due to concerns that headlight assemblies could potentially…
Read More →
China has now become Porsche’s second biggest market behind the USA in terms of cars sold, Porsche cleared an impressive 24,340 units in 2011 in the Chinese market, however one problem remains. If a Porsche driver wants to push the limits of their much loved cars they have no where to go, the Chinese highway system imposes a top speed of 120kph for…
Read More →
From Reuters:
BMW (BMWG.DE) tore through market expectations for second-quarter profits as more wealthy Chinese drove away with its revamped 5 Series saloon car.
The company reported an 83 percent jump in quarterly operating profit at its luxury car business, underpinned by surging sales of the 5 series and a 4.8 percentage point widening…
Read More →
