In the saga that is the potential sale of the Chrysler Group, another automaker is said that it is not interested in acquiring the troubled American arm of DaimlerChrysler. Last week, China’s SAIC said it does not have any current plans for any overseas acquisitions. This announcement came in response to a Hong Kong newspaper […]

The DaimlerChrysler Supervisory Board today finally signed off on the limited partnership between the Chrysler Group and Chery to develop small vehicles. Under the agreement, Chery would build vehicles to be distributed under the Chrysler brands, primarily in North America and Western Europe. While DaimlerChrysler’s press release says “the Chrysler brands,” we assume it is […]

General Motors is developing an ultra low-cost family car, which it will sell in emerging markets. The low-cost family car would compete with Renault’s Logan sedan and the planned low-cost car by Toyota. Renault’s current Logan sedan sells for less than $10,000, but Renault is rumored to be working on a cheaper variant, and the […]

Chrysler is considering having Chery Automobile build a new Chrysler-designed vehicle, not a car based on a Chery design, due to quality concerns. Back in December, Chrysler and Chery announced plans for Chery to build a new small car in China for worldwide export. Originally, Chrysler was considering a Chery model and not a car […]

China’s Nanjing Automobile Group continues it plans to relaunch the MG brand will the assembly of its first two preproduction MG TF roadsters at the MG Rover Longbridge plant in Birmingham, England. Nanjing will build about 80 preproduction TFs to validate manufacturing and for emissions and safety testing before beginning production of cars based on […]

General Motors is cutting prices on two of its Chinese-built models by up to 10 percent in an effort to drive sales. GM’s price cuts could force its competitors to make similar cuts. Shanghai GM, General Motors venture with Shanghai Automotive Co., has cut prices on the Chevrolet Lova and Aveo by up to $1,268 […]

Audi announced that its sales in China, including Hong Kong, were up by 38.8 percent in 2006, maintaining the automaker’s lead in the premium segment.
Audi said in a statement that its Chinese-built “Audi A6L made a major contribution to this success” with production up up 36.5 percent. Sales of the Audi A4 rose 44.3 percent. […]

When Chrysler first confirmed that it was seeking a partner to build a small B-segment car for the United States, consensus was that the vehicle would be a production version of the well received Dodge Hornet concept that was unveiled at the 2006 Geneva Motor Show. Following the news of the preliminary agreement between Chrysler […]

Mazda announced that it would restart Chinese market sales of its China-built Mazda3 in January. In April, Mazda halted assembly of the Mazda3 at Changan Ford Mazda Automobile Co. due to a flaw in the process of acquiring government approval for production and sales.
Production restarted in October but Mazda was awaiting state approval to resume […]

Honda’s joint venture in China will recall 49,500 CR-Vs due to a potential problem with the rear suspension. The affected models were produced by Honda’s joint venture with Dongfeng Motor Group between March 10, 2005, and Dec. 18, 2006.
There were no reports of any accidents, injuries, or deaths linked to the defect.
## Source: Reuters via […]