Chrysler LLC is accelerating its development in China by beginning a long-term strategic business relationship with China’s Great Wall Motor Co, the company said yesterday.
The United States’ third largest car maker said in a statement that it has signed a memorandum of understanding with its Chinese partner to share a distribution network and work jointly [...]
Following its “Drive to Green” strategy to the China market, Shanghai General Motors (GM) plans to launch Cadillac Escalade Hybrid in the middle of 2009, www.cheshi.com reports, citing sources of Cadillac division in Shanghai GM.
The Escalade is a SUV model that operates at times solely or partly on GM’s dual-mode hybrid electrical drive system which [...]
China’s auto market is calm when the global market of new-energy vehicles is heating up. The Toyota hybrid car Prius, which has been popular worldwide, has sold less than 3,000 units since it was introduced to the Chinese market two years ago. Why hasn’t the new-energy vehicle market in China gone onto the fast track [...]
Wang Bin, a 39-year-old Shanghai doctor, plans to buy a bigger car to replace his 4-year-old Volkswagen Santana. But after last week’s hike in Chinese gasoline prices, he’ll go for a fuel-efficient model such as a Toyota Camry or a Honda Accord.
“We’ll need to pay nearly 100 yuan (7 pounds) more at the pump every [...]
U.S.-headquartered General Motors Corp (GM), the world’s largest automaker, will export vehicles, component kits, machinery and relevant equipment worth US$1 billion to its China joint venture (JV) Shanghai General Motors (Shanghai GM) in three years, according to the company’s announcement.
GM’s luxury brand Cadillac will be one of the vehicles exported, though it has already started [...]
China will continue to be a major factor in General Motors‘ bid to return to profit, Fritz Henderson, its newly appointed president and chief operating officer, said in Shanghai yesterday.
And the world’s largest auto maker also opened up the possibility of selling its Hummer brand to a Chinese company.
Tags: cars, engine, General-Motors, GM, Toyota
