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 [...]
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 Chinese-made Chrysler 300C lineup now is on sale with a big discount, despite the higher sales tax on fuel-guzzling cars starting September, cheshi.net reported today, citing sources from Beijing Jidongtong Auto Co., Ltd which has taken over the Chinese-made Chrysler 300C.
The sales tax hike imposed on big-engine cars since September 1 has forced many [...]
Beijing Automotive Industry Holding Corp. (BAIC) has recently started building a new plant in central China’s Hunan province. The plant will produce BAIC’s own brand passenger vehicles from 2010.
The new plant is located in Zhuzhou, an industrial city in eastern Hunan province.
A BAIC spokesman says BAIC chose Zhuzhou for the strong local parts supply base [...]
Chery, one of the top-selling Chinese auto brands, has increased its overseas sales to 40% of its total sales this year and tries to achieve half of its total sales abroad by 2010 , Beijing Business News reported yesterday.
The talks between Chery and Russia’s authorities have approved Chery’s assembled cars to enter the Russian market [...]
