Archive for the ‘China’ Category

Honda to build Accord Crosstour in China? ?? AutoMK

2010 Honda Accord Crosstour – Click above for high-res image gallery
The Honda Accord Crosstour has been less than critically acclaimed here in the U.S., but it’s far too early to tell if the bulky hatchback will resonate with customers. While it may be too early to declare the Crosstour’s success or failure here in [...]

Video: Hummers still good for some things, like towing giant snowplows ?? AutoMK

Hummer may be the most hated automotive brand in the history of the green movement, but even Al Gore has to admit that there are times when a big, hulking SUV is necessary. The snowed-in residents of Baltimore City are likely very happy there was at least one H2 nearby when one of their massive [...]

Rumormill: Ford to sell Volvo to Geely for 1.8 billion on Feb. 8 ?? AutoMK

See you in Shanghai – click above for high-res image gallery

With all the Saab hullabaloo clogging up the virtual pipes as of late seems that folks have been neglecting the fate of the other fancy Swedish brand purchased by a pipe-dreamin’, pie in the sky American car maker whose coffers were overflowing with SUV money. [...]

Report: Toyota sells fewer cars in Japan than rest of Asia for first time ?? AutoMK

Booming auto sales in China are credited with pushing Toyota Motor Corp’s Asian auto sales higher than those solely in its domestic market for 2009 – a first for the Japanese automaker. Toyota sold 1,354,000 units in Asia during the first 11 months of the year (an increase of 4.5 percent compared to the previous [...]

Report: MG X-Power revivalist arrested ?? AutoMK

Just when there was beginning to be good news associated with MG, tales of woe return. This time it has to do with British entrepreneur Will Riley, who somehow established himself as the force behind the MG X-Power even though MG branding rights had been purchased by China’s Nanjing.
Riley is in boiling water on three [...]

BREAKING: Ford says it has come to terms with Geely on Volvo sale ?? AutoMK

Ford Motor Company has just announced that all major terms relating to the sale of Volvo have been settled between Ford and Zhejiang Geely Holding Group Company Limited. That doesn’t mean that all the Ts have been crossed on the deal, but it does indicate that Geely has met all of Ford’s terms for [...]

Great Wall cars headed to Europe in 2010 ?? AutoMK

Great Wall Phenom

Great Wall Phenom Concept — Click above for high-res image

Not to be deterred by the woes and recent fate of Brilliance — or perhaps, having learned from it — vehicles from Great Wall, the Chinese automaker, will be imported to Europe next year by the UK-based I.M. Group. Brilliance, you might remember, suffered a disastrous [...]

REPORT: Despite selling off old bits to BAIC, Saab brand still in search of buyer ?? AutoMK

2010 Saab 9-5 – click above for high-res image gallery

Here’s a little bit more on the salvation/debacle of Saab. First of all, it should be pointed out that after our last report about Holland’s Spyker trying to buy Saab, the freaks lovely people over at Saabs United pointed out some gaping holes in our reporting [...]

REPORT: Former Volvo directors and politicians fear sale to BAIC ?? AutoMK

Back in October, Ford anointed China’s Geely Holding Group as its preferred bidder for Swedish Automaker Volvo. The move made perfect sense for Ford, simply because Geely was offering money and the recent happenings in the auto industry proved that, beyond the shadow of a doubt, you can never have too much money. But it [...]

PSA: Cardboard is probably not the best replacement material for your rig’s windshield ?? AutoMK

Many years ago, some jerk smashed in the rear quarter panel of yours truly’s 1985 Pontiac Parisienne Safari with a hockey stick. How do we know they used a hockey stick? Because we found the hockey stick in the back of the Pontiac. At that point in time, the poor Parisienne was only running [...]

REPORT: BAIC only interested in parts of Saab, “White Knight” looking increasingly unlikely ?? AutoMK

It seemed pretty obvious when we first heard that China’s BAIC wanted Saab’s tooling that it didn’t want anything to do with purchasing the Swedish automaker’s full monty. If BAIC wanted to be in the Saab business, clearly, it would have made overtures for more than just the retired tooling from the older versions of [...]

REUTERS: China’s BAIC secures $2.1B line of credit… is it for Saab? ?? AutoMK

Beijing Automotive Industry Corporation (BAIC) could still be in the game for Saab, having secured a $2.93 billion line of credit from the Bank of China. On the other hand, BAIC could just be gearing up for its own home-grown expansion plans, with an eye on ramping up production and putting financial and technological legs [...]

REPORT: GM selling control of Chinese joint venture to SAIC, half of India operations ?? AutoMK

It has been a busy week at General Motors. The week started off with CEO Fritz Henderson’s abrupt resignation, then executives converged on the LA Auto Show where Bob Lutz was the keynote speaker and then the U.S. market Chevy Cruze was revealed. Now, the General is reportedly deep in negotiations halfway around the world [...]

REPORT: GM could sell some Saab assets to Chinese; brand has through year’s end to find buyer ?? AutoMK

General Motors’ Saab brand has been given a one month stay of execution as the Detroit, MI-based automaker has announced that it will hold off on a decision regarding the brand’s fate until the end of the year. GM’s apparent non-decision comes just one week after it announced that Swedish specialty car maker Koenigsegg [...]

REPORT: China’s Changan delays plan to enter North American auto market ?? AutoMK

Changan is coming to America, just not yet. Aiming to establish a base in Mexico with which to move into the U.S. market, the Chinese automaker signed a deal last year to build a plant south of the border. The familiar story of planetary financial catastrophe has encouraged Changan to tap the brakes on its [...]

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