Category Archives: china

Report: Daimler planning to open new plant in North America

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Filed under: China , Plants/Manufacturing , Mercedes-Benz , Nissan Size still matters, but the quest to be number one is also getting more headlines. Mercedes-Benz is the latest to stake its future on taking the top slot, with CEO Dieter Zetsche aiming to be the world’s largest premium maker by 2020. The specific number is 2.7 million vehicles sold that year, which represents an astronomical jump from 2011 sales of 1.26 million vehicles. To home in on that target, Mercedes intends to build factories in China and in North America – either Mexico or the U.S.

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Report: Daimler planning to open new plant in North America

Official: Fiat Panda Classic keeps old model on the (European) market

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Filed under: Budget , Europe , Hatchback , Fiat When a new vehicle arrives, the previous model is usually consigned to the history books. But that isn’t always the case. Volkswagen , for example, has continued production of outdated models in South America and other markets years after they’ve been replaced.

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Official: Fiat Panda Classic keeps old model on the (European) market

Report: Turkish private equity firm jumps into Saab buying fray

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Filed under: China , Saab , Middle East The next chapter in the Saab opera has a new protagonist called Brightwell Holdings, a Turkish private equity firm. Brightwell is is perhaps the unknown Turkish entity mentioned last year as having an interest in bankrupt Saab, along with India’s Mahindra & Mahindra . A board member at Brightwell said the company will spend two weeks evaluating Saab’s assets and then will make a bid, “there’s no question.” Turkey doesn’t have a national car company, but it does have plenty of automotive manufacturing expertise since Ford , Fiat and Renault have factories there. Brightwell has said it would keep Saab production in Trollh

Report: VW takes issue with claim that GM is world’s largest automaker

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Filed under: Car Buying , Marketing/Advertising , Earnings/Financials We hope General Motors hasn’t started planning that ticker-tape parade down Jefferson Avenue yet, as Volkswagen has apparently taken issue with the notion that GM might again be the world’s largest automaker . According to The Wall Street Journal , VW has said it will be adding some 200,000 units to its previously released sales total, contributions from some commercial truck manufacturers that are subsidiaries. Moreover, the WSJ has called into question GM’s practice of counting the vehicles sold by two Chinese partners in which GM does not have a controlling interest. Liuzhou Wuling Motors sold 1.2 million vehicles in China last year, according to the report, which the Journal says some analysts don’t count in tabulating their numbers

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Report: VW takes issue with claim that GM is world’s largest automaker

Report: Toyota getting help from Gazoo Racing to bring downsized turbo engines to market

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Filed under: China , Europe , Technology , Toyota According to a report by TheDetroitBureau.com, Toyota is teaming up with Gazoo Razing (full name: Gazoo Racing Masters of N

Report: F1 driver Adrian Sutil to stand trial in Germany over Shanghai bar fight

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Filed under: Motorsports , China , Europe , Government/Legal An impending court trial in Germany is shaping up to be the largest parade of Formula One drivers since the 2011 season wrapped up in Brazil this past November. The proceeding pits one Eric Lux (CEO of Genii Capital that owns part of Lotus Renault GP) against Adrian Sutil (a veteran grand prix driver who most recently drove for Force India ) over an alleged fight in a Shanghai night club. Now, most of us have been there and done that, but the details of this particular incident remain scarce. Apparently, during the altercation, Sutil cut Lux’s neck with a broken bottle

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Report: F1 driver Adrian Sutil to stand trial in Germany over Shanghai bar fight