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Saab Gets A Lifeline From North Street Capital

Saab Gets A Lifeline From North Street Capital

Saab, or more specifically Swedish Automobile (Swan), has received a monetary lifeline from North Street Capital, LP. The deal will generate $10 million in cash (for shares of Swan common stock) by this Friday, followed by a loan of $60 million, expected to close next week. If North Street Capital... read more

October 20, 2011 by  - 3
2010 Chevrolet New Sail hatchback, sold in China

Chinese-Made Cars Edge Closer to the United States, Via GM

The U.S. auto industry has long feared an onslaught of cheap cars from Chinese brands like Chery, Geely, and BYD. But it's more likely that established global automakers will... read more October 22, 2010 by  4

Traffic in China

Nielsen: Chinese Car Buyers Are Feeling A Little Hungover

2009 was a year that many would like to forget, and that goes double for the auto industry. In China, however, 2009 was a boom time for car makers -- a year of steep... read more July 16, 2010 by  1

Brilliance BS6 crash test, before modifications, 2007

BMW's Chinese Partner Isn't So Brilliant, Pulls Out Of Europe

Yes, China is on track to become the world's largest single car market. And yes, one or more native Chinese carmakers will likely become fully competitive in the global... read more April 29, 2010 by  1

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... read more January 4, 2010 by  0

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... read more December 16, 2009 by  0

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... read more December 11, 2009 by  0

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... read more November 12, 2009 by  3

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... read more October 29, 2009 by  0

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... read more August 18, 2009 by  4

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... read more July 28, 2009 by  2

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... read more July 10, 2009 by  0

scrap heap

Great Britain, China Seek Out Subsidies For Sales

You might recall that Germany instituted a "Cash for Clunkers" program weeks ago,  and subsequently saw a 21% jump in car sales. Lawmakers in Great Britain are rightly... read more March 16, 2009 by  2

2007 Roewe W2 concept

Roewe Takes on China – and VW

If the badge on the bonnet of the Roewe W2 Concept looks familiar, it’s no wonder. It was liberally lifted from the old Rover brand logo. But in this case, no one is... read more April 21, 2007 by  0

Dieter Zetsche 2007 Geneva

A Sale is Not Chrysler’s Only Option

While DaimlerChrysler is determined to “explore all of our options,” CEO Dieter Zetsche seemed to be stressing that there is no firm commitment to sell its troubled U.S... read more March 6, 2007 by  0


Changfeng Lightens the Cobo Mood

To be honest, it’s not quite clear what the little Chinese automaker, Changfeng Group, was doing at this year’s Detroit Auto Show. Though it brought five separate models... read more January 8, 2007 by  0


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