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Saab owner signs investment deal with Chinese city of Qingdao


National Electric Vehicles Sweden AB (NEVS) has signed an investment deal with the Chinese city of Qingdao in order to build and sell EVs in the country. NEVS is a Chinese-controlled company that has bought most of Saab's assets after the Swedish company went bankrupt. According to a statement from NEVS quoted by Reuters, the deal involved a plan for Qingdao, via ...
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Fisker Plans to Enter China
Fisker announced its plans to enter the Chinese market in the first quarter of 2013. "We still aren't in all the markets where we want to be," said Henrik Fisker, the ...
Toyota Stops Production in China Next Month
Toyota announced it will halt production in China in October due to the China-Japan conflict. As the situation is still tensioned in China, Toyota said it will review its decision after ...
Volvo closes in on China manufacturing plans
Volvo's plans of manufacturing vehicles in China may soon become reality, according to Chinese media. The Nanfang Metropolis Daily wrote that Volvo's approvals are going as planned. "Volvo's applications for domestically ...
Tata Expands in China
Tata Motors plans to expand in the Chinese market, focusing on luxury SUVs. "We see great potential for further growth. We sell our entire vehicle line-up in China and will grow ...
Volvo Will Introduce 10 New Models in China in the Next Five Years
Volvo plans to expand in China by launching 10 new models in the following 5 years. Volvo, which is owned by Chinese auto maker Geely, currently has 6 models in China ...
Mitsubishi Boosts Sales in China by Bringing New Models
Due to the fact that Mitsubishi's sales in China continue to drop, the company plans to expand in the Chinese market in order to boost sales. In May Mitsubishi sold 84,178 ...
Seat Plans to Expand Rapidly in China
After a strong presence at the Beijing Motor Show, Seat is settled to quickly expand its activities in China. The expansion has already begun with the Leon Cupra, to be followed ...
Valeo inaugurates plant in Huada district of Guangzhou – China
France's Valeo Group inaugurated a new plant in Huadu Auto City, Guangzhou capital of SouthChina's Guangdong province, on Friday. “We are ambitious about the Chinese market, and the country is expected ...
Toyota to Introduce 20 New Models in China in the Following Three Years
Toyota’s CEO Akio Toyoda recently announced that the company focuses more on the Chinese market introducing 20 new models in the country in the following three years. Mr. Toyoda made the ...

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