ChinaCars

Geely Auto rolls a pioneering engine off its assembly line

Jin Jing 2006-08-09 GEELY Automobile Co Ltd began mass production yesterday of the country's first domestically developed engine using high-power valve technology, a key step on the road toward a fully Chinese-made auto. Geely, which specializes in producing small vehicles and is China's leading private carmaker, has invested more than 100 million yuan (US$12.5 million) to develop the new engine.

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Chinese Cars Gain Foothold in Venezuela

CARACAS, Venezuela — Chinese automobile manufacturers are seeking a share of Venezuela's car market, which has grown with the help of an oil-fueled consumption boom. President Hugo Chavez has long been trying to foster greater economic ties with the Asian giant. On top of greater energy and mining sector cooperation, Chavez has also pursued Chinese development of a computer assembly line in the

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Chinese cars target US auto show

At least four Chinese automakers are expected to take display space at the 2007 North American International Auto Show in Detroit, US media reported. In January 2006, China's Geely Automobile made debut by a Chinese carmaker at the US auto show. It exhibited a $10,000 small sedan to reporters only in a booth outside the show's main hall. This year, Geely will come back. Moreover, three other

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Geely eyes Malaysian sales

By Gong Zhengzheng (China Daily) Updated: 2006-05-26 08:55 Independent Chinese carmaker Geely Automobile expects Malaysia to further relax sales restrictions on vehicles it will build in the Southeast Asian nation, according to a top company executive. In an interview with China Daily, Yang Jian, Geely's executive vice-president, said he hoped Malaysia would allow the carmaker to sell a...

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Chinese Automakers face inventory woes

Jin Jing 2006-06-07 AUTOMAKERS in China face a difficult question of how to survive in a market that is oversupplied. Domestic sales expanded by double-digits in the past five year, yet auto manufacturers face tough decisions on whether to cut production in the world's most promising auto market as regulators are drafting rules to curb excessive investment in the sector. "China produced 2 million...

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More Chinese cars coming

Following on the heels of McCarthy, another local company plans to import cars from China and sell them at entry level prices. TJM Holdings intends to start selling entry-level Chinese-made cars in South Africa next year, hoping to price them at below R70 000, reports Business Day. "The move will enhance vehicle affordability but upset established car makers," the report reads. "We are on the...

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‘Japanese car makers’ China drive leaves Europeans behind’

TOKYO, MAY 25: Toyota Motor Corp, Nissan Motor Co, Honda Motor Co and other Japanese carmakers overtook Volkswagen AG and other European automakers in combined market share in China last year, Fitch Ratings Ltd said on Thursday. Japanese automakers had about 27% of the Chinese automobile market last year while the share of European automakers fell to about 22%, Matthew Kwong, associate director...

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U.S. automakers push more products; Is it enough to survive?

Toyota debuted its 2007 Toyota Tundra full-size pickup in Chicago, while Jeep brought out the first four-door version of its iconic Jeep Wrangler in New York. Ford announced that racing fans will be able to rent a souped-up version of the Ford Mustang - with its fuel-burning V8 - at Hertz this summer. Design was another area in which brands tried to stand apart. Chrysler, whose recent turnaround...

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