MG Motor India, a part of China’s SAIC Motor Corporation, has revealed its electric SUV model ZS. This is MG’s second product in India following the Hector SUV. The vehicle …
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SAIC Motor
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Volkswagen‘s China venture with SAIC Motor has started constructing a $2.5 billion new energy vehicle (NEV) plant in Shanghai, that will make automaker’s luxury Audi brand cars, a potential first …
- Audi
Audi seeks to double production with partner FAW in five years in China
by SpeedLuxby SpeedLuxGerman luxury automaker Audi AG is looking to double China production with regional partner China FAW Group under five years, its chief executive stated on Wednesday, as worldwide automakers seek …
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Volkswagen‘s premium brand Audi thinks of doubling sales in China during the coming six years, sales chief Bram Schot informed Automobilwoche. “In 2023 we want to sell 1.2 million cars …
- General Motors
General Motors proposes $2.8 billion investment in South Korea
by SpeedLuxby SpeedLuxGeneral Motors has proposed an investment of $2.8 billion into its loss-making South Korean operations over the next 10 years and has asked Seoul to offer its share of the …
- Audi
Audi sales volumes in China to increase enough to reverse previous sales drop
by SpeedLuxby SpeedLuxGerman automaker Audi anticipates sales volumes in China to increase highly enough in November and December to reverse a 3 percent drop there in the first 10 months of the …
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General Motors’ China joint ventures will be able to create enough new energy vehicle (NEV) sales volume to represent NEV production quotas by 2019 and without the requirement to buy …
- Volkswagen
Volkswagen and JAC electric car venture gets approval from Chinese regulators
by SpeedLuxby SpeedLuxVolkswagen and Anhui Jianghuai Automobile (JAC Motor) have gotten approval from Chinese regulators to form a joint venture to develop electric vehicles, the two companies stated on Monday. The National …
- General Motors
General Motors will stop selling cars in India but still remain
by SpeedLuxby SpeedLuxGeneral Motors plans to stop selling vehicles in India from the end of this year, drawing the line under more than 20 years battling among the world’s most competitive markets …
- Volkswagen
Volkswagen expects China sales to increase at least 4-5 percent this year
by SpeedLuxby SpeedLuxVolkswagen‘s China sales are set to rise a minimum of 4-5 percent this year, the automaker’s China chief stated on Tuesday. VW China CEO Jochem Heizmann also stated the company …