Jaguar Land Rover is remaining tight-lipped as to specific model and potential factory capability in China as a top-level British political and business delegation visits the country.
Volvo Cars says it plans to hire a Chinese team of designers in order to understand the demands of the Chinese consumer better.
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Mercedes-Benz has confirmed its CLS ‘Shooting Brake’ (essentially, a luxury sports wagon/estate) for production. The car will launch in 2012 and be made at the Sindelfingen, Germany, plant.
Car sales in China continued to surge during the month of October according to data released by the China Association of Automobile Manufacturers (CAAM).
October appears to have been a mixed month in terms of vehicle markets. The US light vehicle market came in quite strong, with retail sales enjoying a bit of a surge. And who would begrudge Chrysler a bit of good news?
In 2010, China is on course to eclipse Japan as the second biggest economy in the world. China rode the international economic crisis of last year via a massive fiscal stimulus programme.
Tata Motors cites “inaccurate media reports” it is to recall its budget Nano model, although it is providing upgraded protection for the vehicle.
GM was not exactly boastful yesterday as it disclosed its third quarter financial results. But it was quite keen that everyone should know that it is back in profit as a group…though not in Europe.
Volkswagen is to acquire the operating business of Porsche Holding Salzburg in an agreement worth EUR3.3bn (US$4.5bn) with the deal expected during the first half of 2011 but no later than 30 September next year.
To develop more competitive products for the South American auto market, Denso Corporation will establish a technical center in Santa Bárbara dOeste City, Brazil, in early 2012, where Denso do Brasil Ltda (DNBR) is constructing a new plant.
