Honda Commemorates 50 Years of Innovation in America - VIDEO ENHANCED
Jun 11, 2009
TORRANCE, Calif.--Honda today marked its first 50 years in America, commemorating the establishment of American Honda Motor Co., Inc., in a small Los Angeles storefront on June 11, 1959. Honda associates observed the occasion with a brief ceremony at the companyâs Torrance, Calif. headquarters. âOn behalf of ... Continue reading
New Chrysler to incorporate China business
Jun 11, 2009
New Chrysler to incorporate China business. A spokeswoman for Chrysler's China unit said its China business is operating normally and will be incorporated into the new Chrysler Group LLC, based on the agreement with Fiat, Shanghai Daily reported today. Chrysler LLC said it was not consider changing its development plan ... Continue reading
SAIC Jan-May sales near 1.4 mln units, up 26%
Jun 10, 2009
SAIC Jan-May sales near 1.4 mln units, up 26% http://autonews.gasgoo.com/auto-news/1010837/SAIC-Jan-May-sales-near-1- 4-mln -units-up-26.html Shanghai, June 10 (Gasgoo.com) - SAIC Motor's vehicle sales in the first five months rose about 26% from a year earlier, to 1.39 million units, xinhuanet.com reported today, citi ... Continue reading
SAIC to build investment company in Hong Kong
Jun 10, 2009
SAIC to build investment company in Hong Kong http://autonews.gasgoo.com/auto-news/1010831/SAIC-to-build-investment-c ompan y-in-Hong-Kong.html Shanghai, June 10 (Gasgoo.com) At the shareholder meeting on June 9, Shanghai Automotive Industry Corp (SAIC, 600104.sh) passed its resolution to establish the Chinese auto gia ... Continue reading
China's Beijing Autos Waiting For Opportunity to Bid for Opel or Saab
Jun 10, 2009
SHANGHAI June 10, 2009; The AP reported that Beijing Automobile Industries Holding Co., China's fifth-largest carmaker, is maneuvering to acquire General Motors Corp.'s Opel or Saab units if other potential deals fall through, reports said Wednesday. A group of Beijing Autos executives is in Europe for talks on a possi ... Continue reading
Beijing Auto May Bid for Saab After Opel Deal Fails
Jun 9, 2009
Beijing Auto may bid for Saab after Opel deal fails http://autonews.gasgoo.com/auto-news/1010816/Beijing-Auto-may-bid-for-S aab-a fter-Opel-deal-fails.html Shanghai, June 9 (Gasgoo.com) Beijing Automotive Industry Corp (BAIC), the local partner of Germany's Daimler in China, may bid for General Motors' Saab unit after ... Continue reading
Sweden Seeks Investment and Collaboration on Vehicle and Energy Storage Batteries
Jun 8, 2009
STOCKHOLM, June 8 -- Sweden hosts a world class automotive cluster with brands such as SAAB Automobile, Scania, Volvo Cars and Volvo Group, some 1,000 suppliers and ABB, a global leader in power and automation technology. Sweden now looks to expand its development of green energy infrastructure for plug-in hybrid and e ... Continue reading
Gov Schwarzenegger Welcomes Audi Olympic Fuel Cell Cars to Capitol - EXCLUSIVE VIDEO
Jun 5, 2009
Cutting-edge technology used at Beijing Olympics makes its California debut SACRAMENTO - June 5, 2009: Volkswagen showcased its Passat Lingyu fuel cell vehicles at the State Capitol on Wednesday, June 3, 2009. The Passat Lingyu is a zero-emission vehicle powered by a hydrogen fuel cell that can go up to 90 mph and up t ... Continue reading
Schwarzenegger Comments on Hummer Sale to Chinese - EXCLUSIVE VIDEO
Jun 4, 2009
SACRAMENTO - June 4, 2009: California Governor Arnold Schwarzenegger took the opportunity yesterday during a Volkswagen fuel cell press introduction to talk about General Motors' recent sale of its Hummer brand to a Chinese company. Click PLAY to watch the video of Schwarzenegger's comments on the Hummer sale Coinciden ... Continue reading
GM China Has Money But Will Not Pay debts of U.S. Parent(Huh?)
Jun 4, 2009
Wale: GM China not to pay debts of U.S. parent http://autonews.gasgoo.com/auto-news/1010757/Wale-GM-China-not-to-pay-d ebts- of-U-S-parent.html Shanghai, June 4 (Gasgoo.com) After General Motors filed for bankruptcy on June 1, Kevin Wale, president of GM China, said GM's operations in China will go ahead as usual. He n ... Continue reading
GM Sells Hummer to China's Tengzhong
Jun 3, 2009
GM sells Hummer to China's Tengzhong http://autonews.gasgoo.com/auto-news/1010731/GM-sells-Hummer-to-China-s -Teng zhong.html Shanghai, June 3 (Gasgoo.com) General Motors has reached a preliminary agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co, a machinery company based in western ... Continue reading
Tengzhong in Advanced Talks to Purchase HUMMER From GM in Strategic Acquisition
Jun 2, 2009
Industrial Machinery Company To Invest in Growth and Global Expansion of Premium Off-Road Vehicle Brand; Deal is Expected to Secure Over 3,000 U.S. Jobs DETROIT and SICHUAN, China, June 2 -- Sichuan Tengzhong Heavy Industrial Machinery Co., Ltd (Tengzhong) and General Motors Corp. (GM), today confirmed details of their ... Continue reading
Shanghai GM Unaffected by GM Bankruptcy
Jun 2, 2009
Shanghai GM unaffected by GM bankruptcy http://autonews.gasgoo.com/auto-news/1010717/Shanghai-GM-unaffected-by- GM-ba nkruptcy.html Shanghai, June 2 (Gasgoo.com) Shanghai GM, General Motors Corp's Chinese JV with SAIC Motor Corp, has reiterated in a statement obtained today by Gasgoo that "the court supervised reinvent ... Continue reading
Beijing Auto, Guangzhou Auto vie for Fujian Motor
May 31, 2009
Beijing Auto, Guangzhou Auto vie for Fujian Motor http://autonews.gasgoo.com/auto-news/1010695/Beijing-Auto-Guangzhou-Aut o-vie -for-Fujian-Motor.html Shanghai, May 31 (Gasgoo.com) Chinese automakers Beijing Auto and Guangzhou Auto have been seeking to acquire Fujian Motor as they proceed on the road to expansion, stat ... Continue reading
Shanghai to subsidize 'old for new' car trade-in
May 31, 2009
Shanghai to subsidize 'old for new' car trade-in http://autonews.gasgoo.com/auto-news/1010698/Shanghai-to-subsidize-old- for-n ew-car-trade-in.html Shanghai, May 31 (Gasgoo.com) Shanghai will subsidize its residents who scrap polluting cars and trucks and buy eco-friendly vehicles in a bid to clean up the city's sky ah ... Continue reading
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