General Motors to withdraw from Thailand this year

General Motors

General Motors declared that it will stop selling Chevrolet vehicles in Thailand and sell its Rayong plant by the end of 2020. “Low plant utilization [and low] forecast domestic and export volumes impacted the business case significantly,” stated Andy Dunstan, GM president for strategic markets, alliances and distributors. GM will keep supporting existing Chevrolet consumers for […]

Ford Motor to launch new SUV as part of China revival effort

Ford Motor logo

Ford Motor stated on Wednesday it will launch in China early 2019 a new “entry-level” sport utility vehicle developed jointly with a regional partner, as the U.S. automaker tries to revive its sales in the world’s biggest auto market. The Ford Territory, developed with Jiangling Motors and available in three powertrain choices consisting of a […]

Fiat Chrysler is unsure about consolidation with Great Wall Motor

Great Wall Motor

Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne stated he was unsure about consolidation with China’s Great Wall Motor was the response, pushing back against the Chinese carmaker’s earlier expressed interest in his company. Talking to press reporters, Marchionne informed there were “sensitive issues related to trans-national mergers,” and he did not think those issues had […]

No offer for Fiat Chrysler yet, says Sergio Marchionne

CEO Sergio Marchionne

Fiat Chrysler still got no offer for the company, neither the world’s seventh-largest automaker is dealing with any “big deal”, CEO Sergio Marchionne stated on Saturday. Talking on the sidelines of the Italian Formula One Grand Prix, Marchionne stated the focus remained on performing the company’s business plan to 2018. Asked if FCA had been […]

Great Wall Motor considers North America plant, says doubts over policy remain

Great Wall Motor

Chinese automaker Great Wall Motor is planning to develop a plant in Mexico or the United States, the company’s chairman stated, however added that an unpredictable policy environment implied the details of the strategy were still in flux. Reuters reported previous month that Great Wall, which is China’s largest SUV and pickup maker, was considering […]

American Automakers Aims To Enter China With Expensive Pickup Trucks

Ford F-150 pickup truck

Ford and General Motors are intending the pick-up truck, a renowned staple in the United States, at upmarket purchasers in China, where most associate trucks with farmers and building employees. “The Chinese call it pika, pika – a really low-end worker’s (vehicle). However the (Ford F-150) Raptor is totally different,” stated Wesley Liu, Ford’s Asia-Pacific […]