Chery Automobile Co, China's top homegrown carmaker, aims at blistering growth in sales of 40 to 80 percent this year by providing a record number of new products.
The company based in the eastern city of Wuhu said in a statement to China Daily that it will "ensure sales of 700,000 vehicles and shoot for 900,000 units" at home and abroad in 2010, up from 500,000 units last year.
As one of the most aggressive measures to reach the ambitious goal, it plans to launch 17 all-new and upgraded products under its ...
SAIC Motor Corp, China's biggest automaker, plans to start manufacturing its self-developed MG-series sedan at its U.K. plant and sell the sedans across the European Union by the end of the year, its chairman said on Monday.
"The ideas is to take advantage of the existing MG sales network in the European Union as well as the cost advantage in China," Hu Maoyuan told Reuters on the sidelines of Shanghai's annual People's Political Consultative Conference.
SAIC planned to begin manufacturing its self-developed MG 6 saloon car, based on acquired technology, in its ...
The BYD E6 electric car has been listed in the first batch of the 2010 new automobile admittance catalogue released by the Ministry of Industry and Information Technology (MIIT).
Officials from BYD said that the E6 is expected to go on sale in China during the second half of 2010, and has a pre-sale price of 300,000 yuan.
The BYD E6 is an electric-only powered car, the second model of new-energy cars developed by BYD after the F3DM.
"The E6 has already passed the national compulsory crash test and is about to ...
Chinese electric carmaker BYD on Tuesday announced an ambitious plan at the North American International Auto Show to become China's top automaker by 2015 and the world no.1 by 2025.
As its first step of the plan, it will launch an electric car in the U.S. this year, BYD chairman Wang Chuanfu said.
BYD unveiled its five-passenger e6 electric car at the show. Slightly smaller than the Hyundai Sonata, it has a top speed of 140 km/h and can travel 330 km on one charge of its batteries, the automaker claims.
"Over the ...
BYD, the Chinese carmaker part-owned by Warren Buffett, is launching an audacious assault on the market in the United States.
The company, whose motto is "build your dreams", will use next week's North American International Auto Show in Detroit — widely considered to be the most important on the world motor show circuit — to unveil plans to bring its e6 vehicle to America.
Paul Lin, BYD's marketing manager, said that the company was planning to build an extensive after-sales network to win over American buyers who may be sceptical about buying ...
We finally have the official images showing the replacement of M12 supercar. The new Lee Noble supercar will be available with 2 engines. GM’s 480bhp LS3 V8 will be the ’base’ unit, while the 6.2-litre supercharged LS9 V8, as seen in the recently launched Corvette ZR1, will provide customers with a 638bhp power option.
Factor in a target kerb weight of 1200kgs, and performance in either car will be prodigious, but Fenix estimates that the LS9-engined car should accelerate from 0-100mph in under seven seconds on its way to a top ...
Lee Noble, the maverick designer and engineer who has defined the British low volume sports car market in recent years, is back in the hot seat of an all-new company, Fenix Automotive Limited, and is due to launch one of the most dramatic supercars of the century next year.
With successful production cars like the Noble M12 and M400 already under his belt (as well as the original Ultima and Ascari, among many others) Lee is investing his vast experience in delivering a lightweight, ultra-powerful mid-engined V8 supercar to market by ...
Malaysian auto maker Proton Holdings Bhdis will soon be entering the Indian car market, with a range of hatchbacks and saloons.
Malaysia’s national car company plans a contract manufacturing and distribution agreement with a local partner.
“We want somebody who understands the Indian market,” said a person familiar with the situation, pointing out that the agreement would have a long-term nature.
Proton, yet to decide on the models it will launch, has held discussions with the Hero Group and Mahindraand Mahindra Ltd. The news was first reported by ‘Dow Jones Newswires’.
“We’ve just had ...
Xu Liankuan,the president of Chinese auto maker Zonda Group, has said that the company plans to expand their new-energy automobile base in Beijing.
According to Xu, Zonda Group will expand the existing Beijing Zonda Yanjing Automobile New Energy Automobile Base, which is based on Beijing Zonda Yanjing Automobile Auto Company.
Gou Zhongwen, the vice mayor of Beijing, said that developing new-energy vehicles is a trend in the world's automobile industry and this also conforms with China's national situation. Gou said that Beijing municipal government would offer full support to Zonda's new-energy vehicle ...
Chinese carmaker Chery Automobile Co., Ltd. has submitted its proposal to Nigeria's Cross River State government of setting up an auto plant in the region for assembling up to 10,000 cars annually, International Business Times reported yesterday.
Cross River State, strategically located in Nigeria, was selected as an ideal location to be the main hub for Chery in West Africa. The state has a free trade zone and has essential complementary resources such as skilled labor and management manpower, excellent infrastructures.
This investment project by Chery Auto will bring numerous direct benefits ...
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