Baojun 630 Targets China’s Budget Sedan Market
General Motors launches the Baojun 630, a locally developed, low-cost midsize saloon aimed at China’s growing middle class, with sales starting after the Shanghai show.
Coverage tagged Dealerships.
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General Motors launches the Baojun 630, a locally developed, low-cost midsize saloon aimed at China’s growing middle class, with sales starting after the Shanghai show.
A Lamborghini Gallardo owner in Qingdao, China, hired workers to destroy his £465,000 supercar with sledgehammers after unresolved maintenance issues and a failed repair.
Chevrolet’s sales in China reached 218,951 units in the first half of 2010, making it the brand’s third largest market after the US and Brazil.
ANFAC reports Spanish new car registrations dropped nearly 50 percent in July 2010, prompting urgent calls for government intervention as dealerships brace for job losses.
Harley-Davidson’s Chinese sales doubled in 2009, making China the company’s fastest-growing market and prompting plans for four more dealerships and new models tailored to local demand.
Volkswagen Group of America is investing $125 million to establish flagship Audi and Volkswagen dealerships on Manhattan’s 11th Avenue, aiming to boost its US market presence from 2010.
Buyers considering GM or Chrysler in 2009 must weigh warranty protection, dealership closures and future resale value as the US giants undergo radical change.
Automobili Lamborghini will open a new branch in Beijing at the start of 2009, aiming to expand sales and brand presence across China’s luxury car market.