Industry

Youngman to Bid $731 million for Saab

China Youngman Automobile Group Co., Ltd. will submit a bid of about SEK5 billion ($731 million) for bankrupt Saab Automobile, owned by Swedish Automobile,...

Swedish Delegation Heads to China on Sale of Saab

Well, there we go again... A Swedish delegation made up of government officials, representatives from the Swedish automobile company Saab was on the way to...

Great Wall Motor targets 23% sales growth in 2012

Great Wall Motor Co Ltd, China's top manufacturer of sport utility vehicles and pick-up trucks, aims to deliver 23.3 percent more vehicles in 2012...

Dongfeng sets 2012 sales target at 3.3 million vehicles

Dongfeng Motor Corp, China's second-largest carmaker by sales, last week announced a 2012 sales target of 3.3 million vehicles, an 8 percent increase from...

BMW sales in China up 37% in 2011

Riding the tide of booming luxury car demand in China, BMW reported sales of more than 232,000 vehicles on the mainland last year, a...

Beijing Auto working on Saab-based SUV

Beijing Auto is working on a new C60 SUV, based on the old Saab 9-3. The SUV will debut as a concept at the...

GM’s Kevin Wale: China’s car market to top 20 million in 2012

General Motors predicts new record, on the back of another. The Chinese new-car market is on track to top 20 million this year, the first...

Infiniti to bring stretched M-series to China in June

Crappy Photoshop is mine but the story is true; Infiniti will bring a stretched M-series to the Chinese market, it will debut at the...

Growth in China car sales hits lowest level since 1999

BEIJING - Sales of passenger vehicles in China increased by 2.8 percent from 2010 to 2011, the lowest growth rate recorded since 1999. The...

$1.2 Million Rolls-Royce Phantom Dragon Edition Sold Out in China

Rolls- Royce sold out a $1.2 million Year of the Dragon Phantom model introduced to lure buyers in its biggest market of China, where...