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Chery requests Chinese approval of $1.9B joint venture with Jaguar Land Rover
16. May 2012
Filed under: China , Government/Legal , Plants/Manufacturing , Jaguar , Land Rover , Luxury A month ago, Jaguar Land Rover signed a joint-venture agreement with China's Chery Automobile Company . JLR's 12.1 billion yuan ($1.9 billion U.S.) investment, if approved, will pay for a plant in Changsu to build Jaguars, Land Rovers, engines and joint-venture models. The facility will also house a research and development center.
Continue reading...Ford finally takes serious aim at the Chinese market
16. May 2012
Filed under: China , Plants/Manufacturing , Ford When we asked Volkswagen last year why it was building a factory in the U.S., after having missed the irrationally volcanic era of car sales, we were told that even a 12-million-per-annum market was still too big to ignore. A report in Reuters paints Ford's situation in China somewhat the same way: Ford is only now attacking the Chinese market, building plants and increasing local capacity there, after numerous other players have established their positions.
Continue reading...Saab union asks Obama to pressure GM for licensing deal
15. May 2012
Filed under: China , Europe , Government/Legal , Plants/Manufacturing , GM , Saab , UAW/Unions The door has not yet closed on Saab . Hoping for yet another 11th hour stay of execution, the defunct carmaker's chief union, IF Metall, has written directly to President Obama , asking him to intervene, according to Just-Auto. While on the surface, this may seem silly, it's actually rather clever, even if it has little likelihood of working
Continue reading...Volvo planning long-wheelbase S60L for Chinese market
15. May 2012
Filed under: Sedan , China , Volvo , Luxury Regular readers should be plenty familiar with the trend in the Chinese market towards long-wheelbase versions of the luxury sedans we have here. It's just what high-end customers in the decentralizing economy look for
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16. May 2012
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