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64 matches for 'shanghai'

• Geely's bid for Volvo faces labor unions' challenge

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Local labor unions are concerned that Geely's bid for Volvo may be harmful to the unions and Volvo employees, reported Friday's Shanghai Security News. Labor unions have proposed a third-party evaluation of the deal and quizzed Geely on financing issues. [...]

  Posted: December 07, 2009, 10:04am EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• SAIC takes steps to expand into global auto market

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai Automotive Industry Corporation (SAIC), China's largest automaker, is poised to grow its presence in the world market. SAIC on Friday secured a controlling stake in Shanghai GM, its joint venture with GM, and agreed to expand into India by creating another venture with the U.S. automaker. [...]

  Posted: December 07, 2009, 9:23am EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• GM cooperates with SAIC for $100mln joint venture

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  General Motors Co on Friday said it has set up a $100 million joint venture in Hong Kong along with Shanghai Automotive Industry Corp Group (SAIC) to focus on the Asian markets. [...]

  Posted: December 06, 2009, 5:40pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• GM Zombie Watch 22: International House Of Panic

  —The Truth About Cars

  Number of comments: 13
  News that GM is selling a control-shifting single share in GM Shanghai to its Chinese partner SAIC was the toads-from-heaven flourish at the end of an epic week for the RenCen. The day after the last of GM’s lifer CEOs left the building, Opel’s CFO followed suit. One management re-organization [...]

  Posted: December 06, 2009, 2:02pm EST
  by Edward Niedermeyer

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  — blogs linking 'The Truth About Cars' this week

• SAIC, GM to form joint venture in India in early 2010

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 4 (Gasgoo.com) General Motors and its Chinese partner SAIC Motor Corp jointly announced today that they will form a vehicle manufacturing joint venture in India early next year, Xinhua News reported. [...]

  Posted: December 04, 2009, 6:15pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• Chery Auto to launch electric car QQEV this month

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 4 (Gasgoo.com) Chery Auto is set to unveil its own electric vehicle QQEV at the end of this month, sina.com said yesterday, citing a company executive. The car will be priced at 40,000 yuan ($5,860) to 50,000 yuan. The electric car will have a speed range of 60-70 km/hour. [...]

  Posted: December 04, 2009, 4:59pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• BYD gets bank's support for new energy project

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 4 (Gasgoo.com) China's battery and electric car maker BYD Co., Ltd. has received 15 billion yuan ($2.2 billion) in credit from the Bank of China, the bank said yesterday, Reuters reported. The capital may be used for BYD's new energy project. [...]

  Posted: December 04, 2009, 2:45pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• GM to sell China JV majority control to SAIC

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 4 (Gasgoo.com) General Motors has agreed on a deal to sell majority control of its China venture and transfer half of its India unit to Chinese partner SAIC, China's biggest automaker, Reuters reported, citing sources familiar with the deal. [...]

  Posted: December 04, 2009, 12:15pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• CHINA: SAIC, GM, to expand cooperation in Asia

  —Daily automotive news and comment

  China's Shanghai Automotive Industry Corporation Group (SAIC) and General Motors Company on Friday said they would extend their cooperation in Asia to include model sharing and manufacturing facilities in India. [...]

  Posted: December 04, 2009, 7:17am EST
  

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  — blogs linking 'Daily automotive news and comment' this week

• SAIC Buys Half Of GM’s Indian Ops, And Then Some

  —The Truth About Cars

  Number of comments: 3
  SAIC halted trading of its stock today due to a “major asset reorganization.” According to Dow Jones Newswire, SAIC’s board will hold a meeting before Dec. 9 to discuss the asset reorganization plan. SAIC said its shares will resume trading on the Shanghai Stock Exchange after it announces a detailed [...]

  Posted: December 03, 2009, 7:45am EST
  by Bertel Schmitt

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  — blogs linking 'The Truth About Cars' this week

• Mazda8 MPV to go on sale in China next year

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 2 (Gasgoo.com) Japanese automaker Mazda Motor plans to bring a large MPV model, Mazda8, to the Chinese market in 2010, to help lift the company's China sales to 200,000 units next year, SinoCast reported, citing an executive at Mazda China. [...]

  Posted: December 02, 2009, 6:07pm EST
  

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• Commerce official: auto sales tax also cut in 2010

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 2 (Gasgoo.com) A mid-level official at China's commerce ministry said yesterday that he is confident the government will continue to cut tax on small-car sales next year, though a decision hasn't been made, Dow Jones reported. [...]

  Posted: December 02, 2009, 4:40pm EST
  

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• Suzuki to make motorbikes in China from early 2010

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 2 (Gasgoo.com) In the spring of 2010, Suzuki Motor Corp. will start producing its motorcycles at a new plant in east China's Jiangsu province, one year behind schedule, Kyodo News reported yesterday, citing company sources. [...]

  Posted: December 02, 2009, 3:24pm EST
  

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• Southeast Motor recalls Lingyue cars on engine flaw

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 2 (Gasgoo.com) Chinese automaker Southeast (Fujian) Motor Co., Ltd. yesterday started to recall its Lingyue sedans because of engine flaws, Xinhua News reported, citing China's quality watchdog. [...]

  Posted: December 02, 2009, 12:06pm EST
  

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• GM likely to sell some Saab assets to Beijing Auto

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 1 (Gasgoo.com) General Motors is likely to sell parts of its Saab unit to Beijing Automotive Industry Holding Co. and shutter the brand, Bloomberg reported today, citing two people familiar with the talks. [...]

  Posted: December 01, 2009, 5:47pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• Geely seeking bank loans to back $1.8 bln Volvo bid

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 1 (Gasgoo.com) China's homegrown automaker Geely is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid to buy Ford Motor's Volvo unit, Reuters reported today, citing sources. [...]

  Posted: December 01, 2009, 4:07pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• China plans to continue auto sales tax cuts in 2010

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 1 (Gasgoo.com) China plans to continue the auto sales tax cuts next year and the tax incentives will be expanded to more vehicle models to further support the country's auto industry, the Shanghai Securities News said over the weekend. [...]

  Posted: December 01, 2009, 2:41pm EST
  

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• Great Wall Motor, Hansteel sign auto steel plate deal

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, December 1 (Gasgoo.com) Great Wall Motor and Hansteel signed an agreement last week for cooperation in trial production of auto steel plates, Xinhua News reported. Under the deal, Handan Iron & Steel Co. [...]

  Posted: December 01, 2009, 12:12pm EST
  

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• Serbian truck-maker to assemble Dongfeng vehicle

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 30 (Gasgoo.com) Serbian truck-maker Priboj Automobile Factory (FAP) and and Chinese automaker Dongfeng Motor Corp signed an agreement last week in Belgrade for cooperation, media reported. The Priboj factory in southern Serbia will start to assemble Dongfeng trucks in 2010. [...]

  Posted: November 30, 2009, 6:07pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• Nissan may produce Leaf electric car in Guangzhou

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 30 (Gasgoo. [...]

  Posted: November 30, 2009, 4:23pm EST
  

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• WABCO signs deal to supply parts Chery Auto

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 30 (Gasgoo.com) Belgian auto-parts supplier WABCO Holdings Inc. will supply parts to Chinese automaker Chery Automobile Co. under an agreement announced last week, the Associated Press reported. [...]

  Posted: November 30, 2009, 2:45pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• WABCO signs deal to supply parts to Chery Auto

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 30 (Gasgoo.com) Belgian auto-parts supplier WABCO Holdings Inc. will supply parts to Chinese automaker Chery Automobile Co. under an agreement announced last week, the Associated Press reported. [...]

  Posted: November 30, 2009, 2:45pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• Changan Auto unveils hatchback of Yuexiang brand

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 30 (Gasgoo.com) Last week at the 2009 Guangzhou auto show, Changan Auto unveiled a hatchback variant of its popular Yuexiang brand, with three trim versions priced between 55,900 yuan ($8,200) and 71,900 yuan, Edmunds.com reported. [...]

  Posted: November 30, 2009, 12:05pm EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• GKN opens new driveshaft facility in Wuhan

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  GKN has opened its 11th plant in China.  The new driveshaft facility is wholly-owned by Shanghai GKN Drive Shaft, a joint venture between GKN and Shanghai Automotive Industry Corporation (SAIC). [...]

  Posted: November 30, 2009, 11:10am EST
  

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  — blogs linking 'Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.' this week

• PSA Peugeot Citroen to add 2 models in China a year

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  French automobile maker PSA Peugeot Citroen plans to introduce two new models to China each year in the next five years, said Eric Apode, vice president of the company's China Technology Center in Shanghai. The models will be tailored to Chinese tastes, Apode said, without elaborating. [...]

  Posted: November 29, 2009, 4:01pm EST
  

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• SAIC confirms interest in buying UK van-maker LDV

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 27 (Gasgoo.com) SAIC Motor's president Chen Hong this week confirmed media reports about the company's interest in taking over British light commercial vehicle maker LDV, Reuters said. [...]

  Posted: November 27, 2009, 5:56pm EST
  

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• Hyundai Motor plans to set up 3rd plant in China

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 27 (Gasgoo.com) South Korea's biggest automaker Hyundai Motor plans to build a third plant in China to meet demand in the world's largest automobile market, Xinhua News reported today. [...]

  Posted: November 27, 2009, 4:06pm EST
  

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• Geely says in detailed talks with Ford on Volvo deal

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 27 (Gasgoo.com) China's Geely Holding Group said today it was having a detailed and in-depth discussion with Ford Motor over relevant terms and contracts about acquiring Volvo, Xinhua news reported. [...]

  Posted: November 27, 2009, 2:25pm EST
  

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• SAIC Displays Six Models of New Energy Vehicles to Be Used at Expo 2010; Commercialization Plans for Hybrid, PHEV and BEVs by 2012

  —Green Car Congress

  Number of comments: 11
  

  At the China International Industry Fair held earlier in November in Shanghai, SAIC Group displayed six models of new energy vehicles, which will serve the Expo 2010. Of those models, two made their premiere at the Fair. The models were the Shenchi Brand 4-seat battery-electric car; the Shenchi Brand [...]

  Posted: November 27, 2009, 12:55pm EST
  by Mike Millikin

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• BYD Jan-Sept net profit up 201% on strong car sales

  —Automotive News - China automotive sales and production, suppliers and OEM in Chinese market, China's homegrown players and their expansions overseas.

  Shanghai, November 27 (Gasgoo.com) China's electric car and battery maker BYD Co. Ltd. said yesterday that its earnings in the first nine months surged 201% thanks to strong car sales in the domestic market, Reuters reported. BYD, 10% owned by U.S. [...]

  Posted: November 27, 2009, 12:18pm EST
  

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