Chinese Car Companies

By Brendan Moore 12.27.2007 It only seems like it took forever. Shanghai Automotive Industry Corp (SAIC), corporate parent of Shanghai Motor Corporation in Beijing, has acquired Yuejin Motor Group, parent of Nanjing Automobile (Group) Corp. The much-anticipated deal allows SAIC to take over all the key assets of Nanjing (which includes MG Rover) for the price of approximately $286 million USD. The deal not only gives SAIC a great launching pad into Europe via the MG and Rover brands and... Read Full Story

Suzuki's take on a personal mobility vehicle - the PIXY+SCC concept By Brendan Moore 11.12.2007 Shanghai Automotive Industry Corp. (SAIC) and General Motors, partners in a highly successful joint venture in China, will show a “personal mobility concept” at the upcoming Expo in Shanghai. The personal mobility concept segment is comprised of clean, sustainably-powered small or micro vehicles. The personal mobility concept envisions an emerging class of clean-energy vehicles, such as solar... Read Full Story

By Brendan Moore 08.03.2007 Sources at both Fiat and Chery say that an agreement for Chery to build Alfa Romeo cars in China will probably be signed next week. The Alfa Romeo 159 will be the first car built under the new agreement and the Alfa Romeo 147 will follow in short order. Chery already has an agreement with Chrysler to build cars for Chrysler for export to the U.S. and Latin America under the Chrysler brand name, and it also has an agreement with a small Israeli company named... Read Full Story

By Brendan Moore 08.03.2007 Sources at both Fiat and Chery say that an agreement for Chery to build Alfa Romeo cars in China will probably be signed next week. The Alfa Romeo 159 will be the first car built under the new agreement and the Alfa Romeo 147 will follow in short order. Chery already has an agreement with Chrysler to build cars for Chrysler for export to the U.S. and Latin America under the Chrysler brand name, and it also has an agreement with a small Israeli company named... Read Full Story

By Brendan Moore 07.13.2007 Chery Automobile Co. of China, who just last week signed a production agreement with Chrysler to sell Chery cars in the U.S. under the Chrysler brand in 2008, has stated that they will double their exports in calendar year 2007. This looks to be a pretty safe bet since Chery reported quadrupling their exports in the first 6 months of 2007. China currently sells their cars in more than 50 countries, most of which are in developing regions. Chery may be the first... Read Full Story