Guangzhou Automobile GroupChina is 10 years from fielding global, competitive automakers, report saysFeb. 23, 2013 06:01 CET Chinese automakers are about a decade away from being globally competitive and will have to increase their spending on research and development to close the gap, a report said. GM, VW and Toyota are outspending Chinese brands on r&d and lead in engineering, said Bernstein analyst Max Warburton.... Read More »
China is 10 years from fielding global, competitive automakers, report says 11:04 am U.S. ET | Feb. 22, 2013 Chinese automakers are about a decade away from being globally competitive and will have to increase their spending on research and development to close the gap, according to Sanford C. Bernstein & Co.... Read More »
Chrysler, Fiat reach accord to build Jeeps in China 1:34 pm U.S. ET | Jan. 15, 2013 Chrysler Group and its majority owner Fiat reached a preliminary agreement with partner Guangzhou Automobile Group to make Jeep SUVs in China for sale in that market. The accord requires Chinese national and regional government review, and Jeep would aim to begin sales within two years of approval, Mike Manley, the brand's chief, said this week at the Detroit auto show.... Read More »
2013 DETROIT AUTO SHOW Guangzhou Auto readies first turn in Detroit 12:00 pm U.S. ET | Jan. 12, 2013 The Detroit auto show has proven since the mid-2000s more a revolving door for China's indigenous automakers with ambitions to sell cars in the United States. For China's Zhejiang Geely Holding Group, which exhibited cars in 2006 at the Detroit auto show, and for others like battery and car producer BYD Co. that followed suit, selling cars to American private consumers has proven a pipe dream.... Read More »
Fiat mulls second plant in China as it cuts costs in EuropeSept. 21, 2012 11:15 CET Fiat says it is considering a second car factory in China as it plays catch-up in the world's largest car market and cuts investment in crisis-hit Europe. Fiat currently operates a joint venture in China with Guangzhou Automobile Group Co., that builds the Viaggio compact.... Read More »
Fiat returns to China carmaking with Guangzhou Auto ventureJune 28, 2012 10:49 CET Fiat, with two failed partnerships in China, has returned to manufacturing cars in the world's largest vehicle market as the Italian automaker plays catch-up amid a slump in European demand.... Read More »
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Toyota's Lentz: 'It's really a three-horse race'Toyota's Jim Lentz believes the Camry will extend is 11-year reign as the best-selling car in the United... Mon., May 20» Watch the Video |
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