Volvo XC90 to Become New Chinese Flagship

Volvo’s aging XC90 is becoming a hand-me-down to Chinese luxury buyers as the automaker signs it over to its parent company Geely.

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Lotus Owner Seeks Chinese Buyer for Brand: British MP Says

Lotus‘ Malaysian owner DRB-Hicom is seking a Chinese buyer for the brand as recently as last night, flying in the face of information included in the automaker’s much-publicized “ rant” press release from April 12.

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Youngman Extends Another Bid For Saab

Just when it seemed Saab would be gone from news headlines for good, Youngman swooped in again to make a bid.

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Daimler, BYD to Preview Electric Vehicle Prototype At 2012 Beijing Auto Show

Last year, Germany’s  Daimler AG and the Chinese BYD Auto have formed a 50-50 joint R&D venture called “Shenzhen BYD Daimler New Technology Co. Ltd.” to pursue a new brand that will focus on the development of pure electric vehicles for China.

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IndyCar Will Hold A Race In China For Next Season

The IZOD IndyCar Series will be brought to China for the first time in a race scheduled on August 19, 2012.

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Chinese Buyers Pledge $850M in Long Term Saab Funding

After much back and forth over the past months between Swedish Automaker Saab and Chinese suitors Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co., it seems like funding for Saab is very much back. The Chinese companies have both agreed to buy the Swedish automaker, providing the company with some much needed short and long term liquidity.

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Buick Envision Concept Headed to Production

While currently operating brands Buick, Chevrolet, Cadillac, and Wuling in China, the very first China division GM crossover, the Buick Envision, will come to market next year, according to a report from the Beijing Times Newspaper.

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Saab To Reach Deal With Chinese Investors By End Of This Year

After more than a year of struggle under Spyker’s management, many thought Saab would have succumbed to its financial woes already, yet somehow the Swedish automaker has been able to pull a few tricks out its bag just as it would seem that its luck had run out.

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Volvo Concept You Has a Very Chinese Feel: Frankfurt Auto Show 2011

There’s something really Chinese about the Volvo Concept You but I just can’t quite put my finger on it. And I’m actually Chinese.

That there is an oriental feel shouldn’t be a surprise. The Concept You is an evolution of the Concept Universe revealed earlier this year at Auto Shanghai earlier this year. Volvo sought the input of a number of potential Chinese customers at the Shanghai show, and a lot of those ideas were carried over into the You.

Volvo is, of course, now part of China’s Zheijiang Geely Motor Holdings, and part of the company’s focus is on capitalizing on the emerging luxury car market in the world’s most populous country.

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Half of American Youth Would Buy a Chinese Car: Study

Surprisingly, large segments of Americans are willing to buy Chinese made cars. Market research company GfK Automotive did its annual Barometer of Automotive Awareness and Imagery, and found that 38 percent of the respondents would consider buying a Chinese car. According to the study, “The openness to purchasing a Chinese and Indian vehicle is highest among Gen Y consumers, with 52 percent saying they are open to a vehicle from a Chinese automaker and 41 percent saying they are open to a vehicle from an Indian automaker.”

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Saab's Production Problem Continues, With Yet Another Pause

Saab halted production yesterday at its Trollhattan plant in Sweden after operations were disrupted by problems with supplier deliveries. Saab resumed production on May 27 after shutting down from April to May due to non existent operating capital. Suppliers became worried about receiving payment and stopped supplying the Swedish plant.

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China Tops Germany as Audi's Largest Market

China has become Audi’s largest single market in the world. From January to April, the Germany luxury brand sold 78,487 vehicles in its home country. Compare this to the 87,788 Audis sold in China in the first four months of this year.

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Volkswagen's "People's Car Project" Debuts In China

Volkswagen has launched a new platform called “People’s Car Project” debuting in China. This allows internet users in China to post ideas about cars of the future at zaoche.cn.

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Chinese Car Nut Builds His Own Really Bad Lamborghini Reventon

We almost love it when we find things on the Internet that leaves us completely speechless. Unfortunately this find also made us throw up a little bit and shake our heads in disgust. This isn’t to knock the goals and dreams of an individual and having the determination to execute the task – but let’s be realistic here, it’s a poor attempt at a replica of one of the world’s most exclusive exotic vehicles.

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Saab's Production May Resume By Next Week

Saab has been surrounded by general corporate uncertainty and financial trouble over the last few weeks. The failed deal with China’s Hawtai Motor and Saab’s $100 million payment mishap with its parts suppliers have taken a toll on the Swedish automaker however the company may have a second chance.

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