China

HUMMER Sale Nixed By China; GM Gets New Offers?
HUMMER Sale Nixed By China; GM Gets New Offers?

UPDATE:  GM has just confirmed the sale to Tengzhong will not take place and that it will begin wind-down operations for the HUMMER brand. More to come -- the entire release follows at the end of this post. UPDATE 2: The Wall Street Journal says that General Motors is evaluating two late offers...Read More»

2008 HUMMER H2
HUMMER, An Obituary: 1999-2010

HUMMER's dead. Short of a last-minute rescue by an unlikely, as yet unheralded white knight, the newest GM brand to the fold will be folded, like so much of its trucks' hard-edged sheetmetal. It's been about 12 years since the notion of buying the rights to AM General's Hummer products took hold at...Read More»

2006 HUMMER H2 4-door Wagon 4WD SUV Headlight
HUMMER Granted Reprieve, Sale Deadline Extended To February 28

Just as plans were announced for Saab's bright, shiny future, one of General Motors' other orphans -- HUMMER -- has been granted a stay of execution. GM previously set a deadline of January 28 for completing the sale of HUMMER to Sichuan Tengzhong Heavy Industrial Machinery Co., but both companies...Read More»

Quaranta by Hybrid Kinetic Motors
Exiled Chinese Auto Exec Hopes To Launch Hybrid Kinetic Motors In Alabama

Over the past decade and a half, business models have changed. Thanks to the internet and certain technology improvements, start-ups have popped up in industries previously dominated by big companies with big resources. Amazon is one good example of this phenomenon, Netflix is another. Although...Read More»

Traffic in China
Report: China Recommended As Major Focus For Automakers

Boston Consulting Group has released a study that should be particularly interesting to automakers. BCG has determined that Brazil, Russia, India, and China (aka the BRIC countries) will account for nearly 31% of the growth in the auto market over the next four years. Of the four, China is best...Read More»

2010 Opel Meriva leak
New Opel Meriva, Toyota Prius Tuning: Today’s Car News

General Motors’ European division Opel has taken the wraps off a new compact MPV complete with suicide style rear-hinged doors. The new car is the Opel Meriva and though it was originally hoped that it could be sold in the U.S. as a Saturn, the chances of it ever appearing on this side of the...Read More»

Geely Familia
Geely Autos: Coming Soon To A Volvo Dealer Near You?

While much of the auto world's attention has been focused on Geely's attempt to buy Volvo from Ford and what that might mean for the popular Swedish marque, there's another side to the story that's gotten far less coverage: the possibility that Volvo dealerships will begin selling Geely vehicles...Read More»

Geely logo and Volvo logo
BREAKING: Ford, Geely Reach Deal To Sell Volvo

After months of negotiations and numerous trips to the bargaining table, Ford has finally brokered a deal to sell Volvo to Chinese automaker Geely. According to a Ford press release, an official agreement will be signed by Ford and Geely in the first quarter of 2010, with the sale to close in the...Read More»

Volvo logo
Geely Expecting To Seal The Volvo Deal By February 14

Although Ford hasn't set a deadline for the sale of Volvo the same way that General Motors fast-tracked Saab, Ford's preferred bidder -- Geely -- is hoping to wrap up things on the double. A source close to the negotiations told Reuters, "[The sale] is expected to be done before Chinese New Year...Read More»

2011 BMW 7-Series
Mercedes Vehicles Made In China Just As Good As German-Made

Mercedes-Benz vehicles made in China now place in the top half of all the company's vehicles when ranked for quality. Ulrich Walker, Chairman and CEO of Daimler Northeast Asia, said (rather testily) that those rides are good enough to send to other countries: "Yes, our cars here are exportable...Read More»

2009 Saab 9-3
Breaking: GM Sells Key Saab Assets To Beijing Auto

When Saab's sale to Koenigsegg flamed out in late November, many presumed it was the end of the line for the brand, much as Penske's withdrawal spelled the end for Saturn. It now looks like those pessimists may not have been far from the mark but there is some hope for the brand in the form of...Read More»

The Great Wall of China
China To Subsidize Green Rides For Consumers, Public Transit

China is in a curious position. Its auto market is very big, and it's positioned to get much, much bigger, but the Chinese government doesn't want the country's automakers to move down the traditional path of combustion-engine vehicles. Rather, it wants to grow an indigenous green vehicle industry...Read More»

Saab logo
BAIC Wanting A Foothold In The West, Now Turns To Saab

Last week, when we reported on the Koenigsegg Group's failed attempt to purchase Saab from GM, we mentioned that a member of that group -- Beijing Automotive Industry Corporation (BAIC) -- might make its own bid for the troubled Swedish brand. That was an educated guess, based largely on the fact...Read More»

2010 Volvo C30
U.S. Consortium To Make Bid For Volvo This Week

In today's episode of the Ford/Volvo saga, the U.S. consortium known as Crown has announced plans to submit a bid for Volvo this week that will rival that of Chinese automaker (and current preferred bidder) Geely. Crown's bid will be in the $2 billion to $2.5 billion range -- somewhat less than...Read More»

Volvo Acoustic Design Lab
Geely Intends To Keep Volvo Production In Europe (Maybe)

We've been keeping a close eye on the evolving Ford/Volvo/Geely saga. So far, the biggest point of contention in the brou-ha-ha has been Ford's concerns about intellectual property, which Geely might or might not respect after the ink dries. (China hasn't exactly been at the forefront of IP law.)...Read More»

Chinese ad for Volkswagen GTI
WTF AdWatch: Chinese Print Ad For The Volkswagen GTI

We're not entirely sure that this Chinese print ad for the Volkswagen GTI is for real -- and if it is, we're even less sure what it might be saying. The copy along the bottom translates as "It will go fast". That could mean "It will go so fast that you'll spill all that hot, delicious coffee from...Read More»

Nissan President and Chief Executive Carlos Ghosn
Carlos Ghosn: Auto Sales Have Bottomed, Nowhere To Go But Up

Speaking at a World Economic Forum in New Delhi, Carlos Ghosn -- head of Nissan Motor Company and Renault SA -- had some interesting things to say about the global auto industry. Among the most notable and encouraging items, Ghosn believes that the international sales slump has ended and that the...Read More»

General Motors' OnStar
General Motors Takes OnStar To China

In what could be one of General Motors' smartest moves in recent years, the company has announced plans to roll out its popular OnStar system in China. This marks the first time OnStar will be offered outside North America. The service will be available as of December 6 -- first in Cadillacs, then...Read More»

The Great Wall of China
Payback: China Launches Probe Of U.S. Auto Imports

A week ago, Bengt Halvorson mentioned the federal government's plan to impose a 35% tariff on tires imported from China. In a move that should surprise absolutely no one, China has now begun laying the groundwork for retaliation: according to the AP, the Chinese government "is carrying out a probe...Read More»

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