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Buffett Buys 10 Million GM Shares
Warren Buffett’s Berkshire Hathaway disclosed it has taken a significant stake in U.S automaker General Motors, buying 10 million shares worth more than $200 million.
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Chery Seeks Permission From Big Brother For Jaguar Land Rover Joint Venture
Chery has asked the Chinese government for its blessing regarding a joint venture with Jaguar Land Rover worth $1.9 billion. The proposal calls for a new plant in the Jiangsu province that would produce as many as 130,000 cars per year
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New DBS leads Aston revamp
A new 550bhp Aston Martin DBS replacement will spearhead a significant revamp of the company’s model range
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New DBS leads Aston revamp
A new 550bhp Aston Martin DBS replacement will spearhead a significant revamp of the company’s model range
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Next Generation Jetta NF to Hit Production Lines Soon
How many Jetta’s in China?
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Q1 sales put Toyota back on top
Toyota regains biggest car-maker title in Q1, but GM, VW set to overtake by year-end
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Global Auto Forum Confirmed for September 6th and 7th 2012
The Global Automotive Forum is quickly becoming one of the ‘must attend’ events in the Chinese automotive calendar behind the car shows, the two day event is now entering its third year of operation and is improving year after year. This years forum once again brings international auto industry leaders together in Chengdu, significant speakers have been added to the speakers list this year, with senior leaders from China’s leading automotive companies as well as international leaders in attendance. Governmental departments from Chinese and overseas governments will also be represented at the forum.
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Alice Wei Joins Bentley China in PR role
Alice Wei has moved from Ferrari Maserati China over to Bentley to run Bentley’s PR operations in the Chinese mainland.
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Coda Sedan EV will be at California dealerships this week
Filed under: EV/Plug-in , Coda Automotive Sure, Coda Automotive happily announced its first real deliveries of its all-electric Sedan two months ago, but its been quieter since then about the problems it has had with some damaged parts were shipped over from China. A new report from Automotive News says that Coda is repairing the “minor” damage to those parts and that Coda’s dealership in Los Angeles should be getting ten EVs to sell by the middle of this week
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Volvo S60L Expected to Join the Stretched Line Up
The Beijing Auto Show had two themes, Dragons and SUV’s, but one other issue was stretched into the growing array of L cars. Lengthened cars have become the norm in China, even humble Citroen Elysee gained an extra 10cm in its B-Pillar to allow for extra rear leg room. Audi’s come in L form as standard, the A6L set the precedent, the A4L gained the sales volume to make it a success.
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Buick Encore Testing in China Yet Again
The Chinese media are playing a guessing game over the Encore, they know its coming, but they don’t know if the road going versions currently camo’d up and out on China roads are Chinese market models or American market models. They also seem to think that the Chinese version will be carrying the same engines as the US version, which is headlined by a 1.4T. The Chinese market version is expected to be very different, cloth seats won’t be available on any model but the super basic one where a manual will likely be found, the top models will be 1.8L and possibly 2.0L naturally aspirated models with the 1.6T engine from the Buick Excelle and Chevrolet Cruze taking the flagship model.
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Toyota Venza for China
The Toyota Venza has long been rumored to be entering the Chinese market, however only until recently has the crossover product been sighted in China.