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Volkswagen to produce more engines, transmissions in China

Matt Brogan — Fri, 20 Nov 2009 05:30:44 +0000

Volkswagen will produce more engines and transmissions in China as part of its global expansion strategy to meet rising demand for fuel efficient vehicles. The company – China’s largest foreign car manufacturer – will manufacture its TSI engines and DSG gearboxes in an attempt to reduce the fuel consumption of its locally made cars by 20 [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Volkswagen to produce more engines, transmissions in China

Beijing Auto joins China’s EV race

Matt Brogan — Tue, 17 Nov 2009 04:25:05 +0000

Beijing Automotive Industry Holding Corporation (BAIC), has shown off its first self developed electric car, joining other Chinese rivals expecting a demand for clean energy cars. BAIC is a partner of Daimler and was an unsuccessful bidder for General Motors’s Opel brand. The electric vehicle known as BE701 is able to travel a distance of 200km [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Beijing Auto joins China’s EV race

Hyundai Elantra is China’s best selling foreign car

Matt Brogan — Sun, 15 Nov 2009 21:06:06 +0000

It would appear China is falling in love with Hyundai, as the South Korean brand’s Elantra model becomes the country’s number-one selling foreign car. In a fast-growing market, Hyundai has seen a rapid rise in China as its product goes from being virtually unknown just seven years ago, to one that has quickly become known for [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Hyundai Elantra is China’s best selling foreign car

BMW, Brilliance to open second Chinese plant under joint venture

Matt Brogan — Thu, 12 Nov 2009 21:05:29 +0000

BMW has announced overnight that it plans to open another assembly plant in Shenyang, China, the second under its joint-venture with local manufacturer Brilliance. Once complete the plant will more than double BMW’s Chinese assembly capacity, which is currently sits at around 41,000 units per annum. “Our plant has reached its capacity limit, so we are now [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

BMW, Brilliance to open second Chinese plant under joint venture

Unique Ferrari 599 sells for $2 million

Matt Brogan — Tue, 03 Nov 2009 23:25:39 +0000

A unique Ferrari 599 GTB Fiorano was sold last night for AUD$2 million to a Chinese car buyer. Leading Chinese artist, Lu Hao, had taken the Ferrari super car and decorated it with Song Dynasty Ge kiln pottery pattens. Lu Hao blended traditional design elements with Ferrari’s innovative styling to create a truly unique vehicle using [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Unique Ferrari 599 sells for $2 million

Ford names China’s Geely as preferred Volvo bidder

Matt Brogan — Thu, 29 Oct 2009 00:59:42 +0000

Chinese manufacturer Geely Group Holdings is Fords top bidder to purchase Volvo. Ford will begin more detailed negotiations with Geely, but final decisions have not been made. “Ford believes Geely has the potential to be a responsible future owner of Volvo and to take the business forward while preserving its core values and the independence of the [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Ford names China’s Geely as preferred Volvo bidder

Hummer officially sold to China’s Tengzhong

Matt Brogan — Sun, 11 Oct 2009 20:38:30 +0000

It’s official, China’s Sichuan Tengzhong Heavy Industrial Machinery Company has signed a definitive agreement to purchase the Hummer brand from General Motors. Hummer’s leadership team will remain in place and the company will be headquartered in Detroit. For the interim, Hummer will contract with GM to produce the H3 and H3T at the automaker’s Shreveport, Louisiana, assembly [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Hummer officially sold to China’s Tengzhong

New US challenger enters bidding on Volvo

Matt Brogan — Thu, 08 Oct 2009 01:24:14 +0000

A US-led group has entered the race to buy Volvo from Ford in a challenge to China’s Geely Automotive. A Ford spokesman said the group was in discussions with interested parties about Volvo cars, but declined to identify the parties, the price of the bid or to comment on the timing of any sale. Citing people [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

New US challenger enters bidding on Volvo

German luxury marques boom in China

Matt Brogan — Thu, 08 Oct 2009 00:56:59 +0000

The booming Chinese car market continues to be one of the few bright spots for German luxury manufacturers, which have drawn few benefits from scrapping programs in the UK, US and Europe. Mercedes-Benz, Audi and BMW all posted year-on-year volume gains of more than 35 per cent in the China last month in stark contrast [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

German luxury marques boom in China

China’s Beijing Auto to assist Koenigsegg with SAAB purchase

Matt Brogan — Thu, 10 Sep 2009 00:16:58 +0000

As we reported last week Koenigsegg will not seek additional Swedish government funding in its purchase of SAAB from General Motors, however, according to a report published by Reuters Newsagency today, China’s Beijing Automotive Industry Holdings Company will take a minority stake in Koenigsegg to further assist the group with its purchase. It’s the second such [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

China’s Beijing Auto to assist Koenigsegg with SAAB purchase

Toyota recalls 688,000 cars in China

David Twomey — Wed, 26 Aug 2009 01:38:23 +0000

Toyota Motor Corporation will recall 688,314 cars made at its two China joint ventures starting Tuesday to fix a faulty window-control switch, which is the carmaker’s largest recall in China. Reuters Newsagency quotes analysts as saying the recall will not have any long-term impact on the Japanese company’s growth prospect in China as the defect is [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Toyota recalls 688,000 cars in China

Great Wall Motors to expand range

David Twomey — Tue, 25 Aug 2009 06:07:17 +0000

Australia’s first Chinese automotive importer, Great Wall Motors, certainly seem s to be building a sales foundation, and has announced plans to add three more vehicles to its range. Two Great Wall twin cab utilities were launched onto the Australian and New Zealand markets in late June by local importer Ateco Automotive, and since then they [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Great Wall Motors to expand range

Brilliance BS4 set for EU market

Matt Brogan — Thu, 06 Aug 2009 05:55:44 +0000

Brilliance – China’s eighth largest vehicle manufacturer – will soon begin shipping a version of its BS4 wagon to Europe. The BS4 wagon will be the brand’s third model to go on sale in the European market following the BS4 and BS6 sedan range which have been available since late 2007. Although the company was tight lipped [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Brilliance BS4 set for EU market

VW China outsells German market

Matt Brogan — Mon, 27 Jul 2009 22:35:26 +0000

Volkswagen has for the first time ever sold more cars in China than it did in its home market of Germany. For the first half of 2009 the manufacturer sold 652,000 units in China while selling 631,900 vehicles on home soil. Both figures represent an increased demand for VW vehicles. In 2008 Volkswagen saw a 22.7 per [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

VW China outsells German market

China’s Geely Motors to purchase Volvo – report

Matt Brogan — Tue, 21 Jul 2009 04:26:52 +0000

A new report from the US today has indicated China’s Geely (Motors) Holding Group is expected to finalise a US$2 billion offer this week to purchase Volvo from Ford. According to the report published in the Wall Street Journal, Geely’s move to buy Volvo stems from a January 2007 discussion between Don Leclair, then Ford’s chief [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

China’s Geely Motors to purchase Volvo – report

No GM buy back of Opel; German minister

David Twomey — Sun, 19 Jul 2009 23:01:05 +0000

Germany’s economics minister has ruled out any attempt by General Motors to include an option to buy back majority control of GM Europe, which produces Opel and Vauxhall vehicles, as part of a deal to give up more than 50 per cent of its German subsidiary in exchange for state aid. “This is incompatible with our [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

No GM buy back of Opel; German minister

Holden set for massive boost to China engine exports

David Twomey — Wed, 15 Jul 2009 04:56:47 +0000

It would seem that the Holden Engine Operations plant in Port Melbourne is set to become a lot busier with news that its exports to China could quadruple over the next four years and then stay at that level. By David Twomey Australia’s Minister for Innovation, Industry, Science and Research, Senator Kim Carr, has revealed in a [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Holden set for massive boost to China engine exports

Toyota to build Corolla hybrid – reports

David Twomey — Tue, 14 Jul 2009 07:41:46 +0000

Toyota has plans to produce a petrol-electric hybrid version of its Auris (known in Australia as Corolla) hatchback, a car that could also come to Australia, at its British factory around 2012, according to newsagency reports. Reuters Newsagency quotes a Japanese industry newspaper as saying this would mark Toyota’s first locally produced hybrid car in Europe. The [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Toyota to build Corolla hybrid – reports

Fiats to be made in China

Matt Brogan — Tue, 07 Jul 2009 00:37:09 +0000

Fiat will begin building cars in China from mid-2011 after signing a 50:50 agreement with Guangzhou Automobile Industry Group. The joint venture allows Guangzhou Auto, a Chinese partner of Honda and Toyota, to build Fiat cars and engines for the local market but could also expand to manufacture up to 300,000 export engines a year. The [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

Fiats to be made in China

China submits bid for Opel/Vauxhall – report

Matt Brogan — Mon, 06 Jul 2009 01:32:30 +0000

Despite already having a signed agreement with Magna International, a report from German newspaper Frankfurter Allegemeine Zeitung today says GM is considering a bid by China’s Beijing Automotive Industry Holding Corporation (BAIC) for a majority share of Opel. The deal, worth a reported 660 million Euros, could be made binding as early as the end of [...]

Original article from: Australian Car Advice - Australia's largest independent Auto site.

China submits bid for Opel/Vauxhall – report