Posts Tagged car
Chinese Automaker Takes Center Stage At Geneva Auto Show
BYD has been in the news quite a bit lately, with its CEO Wang Chuanfu becoming the richest person in China last year and the company announcing plans to link up with Daimler to set up a new electric vehicle brand and R&D center in China.
Read Full Story »Cadillac Looks East As Rivals Cash In On China Demand
Compared to the market share enjoyed by European rivals Audi, BMW and Mercedes-Benz in China, Cadillac still faces something of an uphill struggle.
Read Full Story »Audi Sales In China Leave BMW, Mercedes In The Dust
Anyone who has spent a decent amount of time in China will tell you that, among luxury vehicles, the black, four-door Audi has reigned supreme for years.
Read Full Story »Aston Martin: From Bond To Beijing
This week, UK automaker Aston Martin opened its new flagship store on 66 Jinbao Street in Beijing. This colossal showroom, more than double the size of Beijing’s two existing Aston Martin dealerships, is also the largest in the entire Asia-Pacific region.
Read Full Story »Geely’s Biggest Challenge: Selling Made-In-China Volvos In America, Or In China?
Once the dust settles, Ford hands over the reins to Geely, and the first “Made-in-China” Volvos roll off the assembly line, what obstacles should Geely expect to encounter from consumers both at home and abroad?
Read Full Story »Second- And Third-Tier Cities Powering Auto Sales
Although few outside of China may be unfamiliar with cities like Ningbo, Lanzhou, and Wenzhou, these small (by Chinese standards) cities still have untold numbers of prospective first-time buyers, on whom automakers both foreign and domestic are depending to ensure decades of continued growth in this critical market.
Read Full Story »Mid-Range MG 6 Launches In Shanghai: Could Chinese Luxury Cars Be Far Behind?
Though 2009 has been a banner year for the Chinese auto industry, Chinese automakers themselves have had little luck significantly increasing their export figures or effecting much industry consolidation. But this may change next year.
Read Full Story »“Money Not A Problem” As Geely Lines Up Funding For Potential Volvo Purchase
Geely’s current status as the preferred bidder looks solid, as the company announced today that it has lined up at least $1 billion in loans from Chinese banks to bankroll its $1.8 billion bid.
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