Geely needs US$1.4 billion to save Volvo

11 March 2010
Zhejiang Geely Holding Group will likely spend more than US$1.4 billion to breath life back into Volvo Cars after acquiring the struggling Swedish automaker from Ford, Bloomberg reported.  more...

Car sales slow in February

10 March 2010
Industry data has revealed that auto sales in China continued to rise last month, although the rate of sales was down from January's figures, the Wall Street Journal reported.  more...

Audi sales up in China

9 March 2010
China could overtake Germany as the biggest market for luxury car maker Audi this year, according to company sales chief Peter Schwarzenbauer, the Wall Street Journal reported.  more...

More...

China South Locomotive, Liaoning SG sign electric car deal  (3 March 2010)
Daimler, BYD to partner on Chinese electric vehicle  (2 March 2010)
Toyota president in China today  (1 March 2010)
Geely to buy commercial vehicle maker  (26 February 2010)
Tengzhong fails to win approval for Hummer bid  (25 February 2010)
Tengzhong may take offshore route for Hummer deal  (24 February 2010)
Mazda to raise China production capacity  (23 February 2010)
Chongqing Changan seeks funds for investment in economy cars  (12 February 2010)
China’s car sales more than double in January  (10 February 2010)
Automakers' strong China sales continue through January  (8 February 2010)
Hummer sale deadline extended to end of February  (2 February 2010)
Beijing: Chinese carmakers must consolidate before expanding  (29 January 2010)
Geely will pay less than US$1.6b. for Volvo  (26 January 2010)
SAIC has big plans for MG in Europe  (26 January 2010)
GM China plans to sell 2 million vehicles in 2010  (25 January 2010)
Guangzhou Auto plans share sale in HK  (22 January 2010)
Honda builds new plant to keep up with demand  (21 January 2010)