China’s Chery Takes Aim At European Market

China’s Chery Takes Aim At European Market
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In order to be sold in Europe, the Qoros will have to meet, among other things, NCAP safety standards; a goal has been set of achieving five-star crash status and former Mini design direct Gert Hildebrand has signed up to work on the project, while Austrian company Magna-Steyr is reported to be actively involved. Continue Reading...

Before Bankruptcy Chrysler Tried to Sell to Chinese, Partner with Everyone

Before Bankruptcy Chrysler Tried to Sell to Chinese, Partner with Everyone
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Before Chrysler filed for Chapter 11 late last week the automaker explored every option, including selling the company to the Chinese and forging partnerships with any other manufacturer that expressed even a remote amount of interest. In public bankruptcy filings, made at the U.S. Bankruptcy Court in New York, Chrysler’s co-president and vice-Chairman Tom LaSorda… Continue Reading...