Industry

Saab agrees 150 mln euro deal with China’s Hawtai

From Reuters: Saab, Hawtai enter strategic partnership * Hawtai to invest 150 mln euros in Saab * CEO's investment firm to convert loan into shares AMSTERDAM, May 3...

Beiqi Foton signs investment MOU with India

China's leading truck manufacturer Beiqi Foton Motor announced on April 30 that it has signed a Memorandum of Understanding (MOU) with India's Maharashtra state...

Saab and Hawtai of China agree Deal

According to Autoblog.nl, Saab and Chinese automaker Hawtai have agreed to join forces. Details are yet unclear. There will be a press conference in...

Hyundai Motor to set up JV with Sichuan Nanjun in China

The Hyundai Motor Company signed a formal agreement on Thursday to create a commercial vehicle joint venture (JV) in Sichuan province. Hyundai and its Chinese...

Hainachuan of China buys Inalfa Roof Systems (IRS) of the Netherlands

Beijing Hainachuan Automotive Parts Co Ltd (Hainachuan) will acquire 100 percent of the stock of the Netherlands' Inalfa Roof Systems Group (IRS), China Business...

Chery to Produce cars in Turkey

ISTANBUL - Chinese automotive giant Chery might be a newcomer to Turkey, but its fortunes are posed to change if the new half-billion-dollar local...

Spyker C8 Aileron Listed & Priced in China

The Spyker C8 Aileron supercar has been listed on the Chinese auto market. Price starts at a steep 5.08 million yuan. But for that...

Spy Shots: new Volkswagen Polo sedan for China

The face lifted Volkswagen Polo hatchback debuted at the Shanghai Auto Show last week. The sedan however was nowhere to be seen. It is...

Spy Shot: Geely Emgrand EC715

The Geely Emgrand EC7 is only available with a 1.8 liter engine, the car so is called EC718. Soon however Geely will launch the...

Armored Car against Taxi in China

An interesting crash somewhere in Chongqing Municipality. The players: one yellow Chang'an-Suzuki Swift taxi and a Type 092 armored fighting vehicle. The damage seems...