If you hadn’t already figured out that this would happen on your own, Chrysler LLC announced that its deal with China’s Chery Automobile Company has been put on indefinite hold until the Chinese company and the Auburn Hills-based automaker sort out their individual financial futures.
Yes, North American carmakers aren’t the only ones reeling from the [...]
A Great Wall Motor spokesman said the company is in talks with a major Russian importer for distribution of Great Wall vehicles in the country, a Xinhua report said today.
Shang Yugui told reporters in an interview that cooperation talks with a Russian importer have indeed come to the final stage but he has nothing to [...]
As the economic slowdown puts the brakes on new car sales, overseas buyers have begun sourcing more quality aftermarket auto parts from China.
A recent private sourcing event for auto parts and accessories in Shanghai attracted eight international buyers and 22 selected suppliers from China that were involved in boosting auto parts exports.
Tags: Auto, auto-parts, car
Chinese auto major First Automobile Works (FAW) Group, which has evinced an interest to set up a manufacturing base in West Bengal, is now scouting for land in Maharashtra and Tamil Nadu.
FAW Group plans to manufacture passenger cars priced at Rs 1.6 lakh and 80-seater buses in India, said JK Saraf, chairman of Ural India, [...]
Volkswagen expects trading to be tough in China during the first six months of 2009 but is still planning for growth, its local head of operations said in comments to be published by a German newspaper.
“The first half, in particular the first quarter, will be difficult,” Winfried Vahland said in an article to appear in [...]
Chery Auto is planning to build a new brand “Karry” for the low-end market and also a high-end brand in its ongoing Chery Quantum Automobile project, Yin Tongyao, president of Chery Auto told, Beijing News reporters.
The new brands programme was announced at the recent signing ceremony for Chery’s cooperation with Thai Yarnyon Co. Yin said [...]
