Chinese automakers Chery Automobile Co and SAIC Motor said on Monday they have not had talks about possible access to Chrysler’s U.S. dealership network with Cerberus Capital Management LP, majority owner of the troubled U.S. car maker.
While exploring opportunities to merge Chrysler’s loss-making operations with General Motors Corp, Cerberus also had talks with a number [...]
Data released by China Association of Automobile Manufacturers on Friday showed that passenger vehicles (including sedans, MPV,SUV and other cross passenger cars) in the country posted significant sales growth in September after two consecutive months’ sales slowdown, with the cross passenger car gaining the largest growth, Shanghai Securities News reported today.
However, the data also showed [...]
Beijing Benz-DaimlerChrysler Automotive Co., Ltd. (BBDC) has postponed its first board meeting with new members to the end of this year to allow more time for distribution of assets, Chinese media the Economic Observer reported today.
Though detailed information is not available yet, a source familiar with the case told the newspaper that Chrysler is set [...]
Great Wall Motor Co., Ltd. is developing an A-class car along with Chrysler. In mid-August, Great Wall Motor General Manager Wang Fengying revealed that the company’s cooperation with Chrysler was making progress. But she has not released detailed information.
Since then, Chrysler has sent dozens of technicians to assit Great Wall Motor in developing the new [...]
The head of Johnson Controls Inc’s battery unit believes China could adopt electric cars faster than elsewhere because of its size and comparative lack of reliance on gasoline for transport.
Alex Molinaroli, president of the Power Solutions unit, said China’s government would likely lead the way through policy to provide vehicles to the many among the [...]
By September 2008, China has nine automakers who have stepped across the threshold of making one million vehicles. The latest member of this “1-million-car club” is Dongfeng Nissan, said xinhuanet.com yesterday.
Dongfeng Nissan, a joint venture between Dongfeng Motor Corp and Japan’s Nissan Motor Co, celebrated its 1 millionth car rollout on September 19 in its [...]
