China

U.S. Consortium To Make Bid For Volvo This Week
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»

Opel Insignia-based Chinese-market Buick Regal
China's Influence in Cars Running Deeper, Wider

If you're anxious already about the growing influence of China in America, brace yourselves for the next decade of cars. The Wall Street Journal points out this afternoon how China's role in the development, manufacturing and marketing of cars is deeper and wider than ever. According to the paper...Read More»

Chinese children salute cars [Du Bin for The New York Times]
Kids Salute Cars In China To Reduce Accidents, Learn Manners

China may not be as isolated as it once was, but there are still cultural differences that set the country apart. To minimize traffic accidents near schools, for example, America created a system of school zones and built a few speed bumps. China, on the other hand, has ordered children to salute...Read More»

2010 Volvo C30 R-Design
Rumor: Volvo Talks Between Ford And Geely Hit A Speed Bump

A couple of weeks ago, we reported that Crown -- a consortium of American investors led by former auto industry executives -- is making a play for Volvo. The group's bid for the brand is substantially lower than that of current front-runner Geely, but we pointed out that the Americans do have some...Read More»

2010 Volvo C30
Former Ford Execs Vie For Volvo -- And They Just Might Win

The government of China may be angling hard to unseat the U.S. as the world's dominant economic power (case in point: itsstrong support of a plan to end oil trading in U.S. dollar formats), but China's homegrown companies don't have quite as much weight to throw around. As an example, look no...Read More»

Ford Figo
Ford Profitable By 2011; Launches New Facility In China

Despite the general unpleasantness that's plagued the auto industry for over a year, Ford is doing comparatively well these days. In fact, given the gradually rebounding global economy and Ford's new strategic alliances in Asia, CEO Alan Mulally feels fairly optimistic about the next two years...Read More»

2008 HUMMER H3 Alpha
HUMMER's Potential New Owners Want Headquarters In Michigan

Interesting news from HUMMER today: spokesman Nick Richards says that the company's potential new owners in China plan to keep HUMMER's headquarters in the U.S. -- specifically, near Detroit. Sichuan Tengzhong Heavy Industrial Machinery Corporation had also been considering sites in South Carolina...Read More»

Hummer H2 Ditched
HUMMERs And Handguns -- Now Under One Roof

Sadly, this hasn't been HUMMER's year. The brand was already known as the poster child for gas guzzlers; now it's being bought by a company in China (with final details expected this week), and sales on the lots have tanked. So what's a HUMMER dealer to do? Expand operations, of course. Branch out...Read More»

Chery Tiggo in Ukraine
WTF Tuesday, Special Edition: Evil Russkies Poaching Cheerful Chery Tiggos!

Just when you think the auto world is ending in an onslaught of grim grey Korean econoboxes ... life gets better. And sometimes you just can't make this [stuff] up. Take last Friday's little news item from WardsAuto, for example. A Russian company that was supposed to assemble copies of a Japanese...Read More»

Volvo logo
Rumor: Fat Lady Still Quiet, Swedish Group To Bid For Volvo

It's been widely reported that Chinese automaker Geely is putting the finishing touches on an offer to purchase Volvo -- and frankly, when we saw yesterday's release about Chinese astronauts' love for the Volvo S80L, we thought the deal was done. However rumors have surfaced that a group of Swedish...Read More»

Warren Buffett
Warren Buffett Makes Bank From China's BYD

In The Graduate, the future was all about plastics. From Warren Buffett's perspective, however, the future may be all about China: everyone's favorite eccentric investor recently made a $230 million investment in Chinese automaker BYD, and now, just ten months later, BYD's stock price has soared...Read More»

2009 Volvo S60
Rumor: Geely Submitting $293 Million Bid For Volvo

According to a (very brief) article in China Car Times, Chinese automaker Geely is finally prepared to submit a bid to Ford Motor Company for Volvo. Geely's alleged offer: $293 million. A couple of weeks ago, sources were circulating a similar rumor, but with a figure of $2 billion attached. And...Read More»

Tata Nano
Report: Auto Buyers Open To Chinese, Indian Brands

More signs that the world of today is very different from the one our parents and grandparents knew: according to stat-hounds AutoPacific, 15% of car buyers would consider purchasing a Chinese-brand vehicle, and 11% would mull the possibility of purchasing one from India. Those statistics may not...Read More»

2009 Mercedes-Benz SL63 AMG IWC
Unrest Continues In China Thanks To Mercedes-Benz, BMW

Although it certainly pales in comparison to the recent unrest in Xinjiang, China's approval of Mercedes-Benz and BMW vehicles for its government fleet is causing outrage among citizens. Technically, no vehicles from those automakers have been bought just yet, and those that are must be...Read More»

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