Japanese automakers gearing up in fast growing Chinese market
Jan 25, 2010
TOKYO January 25, 2010; Japan Today reported that Japanese automakers are shifting into a higher gear to capture larger shares in China, which replaced the United States as the worldâs largest car market in 2009. Nissan Motor Co, which saw an increase of nearly 20% in sales in April-September 2009 in China, plans ... Continue reading
China Automotive Systems Has Begun Commercial Supply to Chrysler North America
Jan 22, 2010
WUHAN, Hubei, China, Jan. 22 /PRNewswire-Asia-FirstCall/ -- China Automotive Systems, Inc. ("CAAS" or "the Company"), a leading power steering components and systems supplier in China, announced today at a Company ceremony that its first global OEM customer, headquartered in North America, is the Chrysler Group LLC ("C ... Continue reading
Chinese Car Maker BYD at 2010 Detroit Auto Show
Jan 20, 2010
Washington DC January 20, 2010; The AIADA newsletter reported that China's carmakers are becoming regular fixtures at international auto shows, and China's BYD Auto Inc. is back in Detroit for the second year in a row. According to The Detroit News, BYD, which stands for "Build Your Dreams," is displaying its e6 batter ... Continue reading
BYD Auto Gets Ready to Deliver e6 Electric Car to U.S. in 2010 - COMPLETE VIDEO
Jan 12, 2010
DETROIT - January 12, 2010: BYD Auto Co. will take its green vehicles to showcase at the upcoming 2010 North America International Auto Show (NAIAS) during January 11- 24, 2010. With a 5000-square-foot display space, BYD Auto returns at the Cobo Center in Detroit after its 2-year consecutive appearances at the NAIAS. B ... Continue reading
Buick Unveils Regal GS Show Car
Jan 7, 2010
DETROIT - January 7, 2010: 21st-century successor to Buick's Gran Sport heritage -- Bold, sporty design with unique exterior details and an aggressive stance -- High-output Ecotec 2.0L turbocharged engine and six-speed manual transmission -- Adaptive all-wheel-drive system and electronic limited-slip rear differential ... Continue reading
Jan 5, 2010
HARBIN, China, Jan. 5 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc. ("Harbin Electric" or the "Company", Nasdaq: HRBN), a leading developer and manufacturer of a wide array of electric motors in the People's Republic of China, today announced that its self-developed high efficiency linear motor (LM) propulsion s ... Continue reading
OnStar Welcomes Its First Subscriber in China
Dec 27, 2009
Detroit December 24, 2009; OnStarâs global expansion became a reality this week following Shanghai OnStar Telematics Co. Ltdâs activation for its first subscriber in China. Mr. Lu Jianping from Yangzhou, Jiangsu Province received his new Cadillac Seville SLS on December 20, 2009 and became the countryâs ... Continue reading
Plug-in America's Top 12 Plug-in Electric Vehicle Myths
Dec 24, 2009
Acronyms and definitions: EV: Electric Vehicle, meaning all-electric (no gas) BEV: Battery Electric Vehicle or all-electric vehicle PHEV: Plug-in Hybrid Electric Vehicle Plug-in or Plug-in electric vehicle: Either a BEV or a PHEV Number of EVs Driven Today: Plug In America estimates that there are 3,000 highway-capable ... Continue reading
Geely Settles Commercial Terms for Acquisition Of Volvo Car Corporation
Dec 23, 2009
HANGZHOU, China, Dec. 23 /PRNewswire-Asia/ -- Zhejiang Geely Holding Group Co., Ltd. (ZGH), a privately-owned Chinese automotive group, today announced it has settled all substantive commercial terms with Ford Motor Company relating to the proposed acquisition of Volvo Car Corporation. Geely, one of the fastest-growing ... Continue reading
Ford Confirms Settlement of All Substantive Commercial Terms to Sell Volvo to Geely in 2010
Dec 23, 2009
DEARBORN, Mich., Dec. 23 -- Ford Motor Company confirmed today that all substantive commercial terms relating to the potential sale of Volvo Car Corporation have been settled between Ford and Zhejiang Geely Holding Group Company Limited. While some work still remains to be completed before signing - including final doc ... Continue reading
Honda to build new plant in China
Dec 21, 2009
TOKYO 21st December; Japan Today reported that Honda Motor Co plans to build a new passenger car plant in China to increase production in the rapidly growing market, sources familiar with the matter said Sunday. The plant in Wuhan, Hubei Province, is scheduled to start operations in 2011 at the earliest with an annual ... Continue reading
Dec 17, 2009
POMPANO BEACH, Fla.--Cyclone Power Technologies Inc. (Pink Sheets: CYPW) has completed its License Agreement with Great Wall Alternative Power Systems Ltd. to advance the development and production of Cycloneâs Schoell Cycle heat-regenerative external combustion engines for the China market. Under the terms of the ... Continue reading
Dec 15, 2009
SHIJIAZHUANG, Heibei Province, China--AutoChina International Limited (âAutoChinaâ or the âCompanyâ) , a leading one-stop commercial vehicle sales and leasing company in China offering its customers affordable lease-to-own options, today announced that it has completed the previously announced sale ... Continue reading
BAIC Paid $197 mln for Saab Assets
Dec 14, 2009
STOCKHOLM, Dec 14, 2009; Reuters reported that Beijing Automotive Industry Holding Co (BAIC) paid 1.4 billion crowns ($197 million) to buy the intellectual property rights and equipment to make Saab's 9-5 and 9-3 sedans, daily Dagens Industri reported on Monday. BAIC, China's fifth-largest automaker, said earlier on Mo ... Continue reading
WSJ Reports BAIC Inks Deal for Some Saab Assets
Dec 13, 2009
STOCKHOLM, Dec 13 (Reuters) - Saab can still find a buyer for the whole firm, a spokesman for the loss-making auto maker said on Sunday after The Wall Street Journal reported China's BAIC had agreed with General Motors [GM.UL] to buy some of the Swedish company's assets. Saab, one of Sweden's best known brands, has bee ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
