Tag: China

By on May 11, 2019

A year after Chinese automaker Geely announced the purchase of a nearly 10-percent stake in auto giant Daimler AG, a second carmaker from the People’s Republic is reportedly interested in acquiring a piece of the German company’s action. A stealthy accumulation of shares could already be underway. (Find Out…)

By on May 10, 2019

Following an announcement that trade discussions with China had effectively broken down, President Donald Trump increased tariffs on $200 billion in goods from the country on Friday. The White House also issued an ultimatum, saying Beijing had about a month to reach an agreement before the U.S. enacts another 25-percent duty on $325 billion previously unaffected Chinese imports.

White the trade war has been in full swing for most of Trump’s time in office, the White House had indicated that discussions with China were progressing at the start of May. That changed after the People’s Republic returned a modified trade agreement that removed much of the legal language that would have made it binding while reneging on other aspects U.S. negotiators already assumed were settled. President Trump cited the backtracking as the primary reason for imposing a new round of tariffs.

Fortunately, the U.S. International Trade Commission said the tariff hike would only affect $2.3 billion worth of automotive goods — ranking them 10th on the list overall.  (Find Out…)

By on May 8, 2019

The United States made good on a threat to impose higher tariffs on a new raft of Chinese goods Wednesday, days after the the People’s Republic reportedly backtracked on nearly every element of a draft trade deal hammered out by the two countries.

The 25 percent tariff officially hits $200 billion worth of Chinese goods on Friday, according to a Federal Register notice. As we told you yesterday, U.S. trade representatives reportedly took issue with China’s reluctance to change its laws to protect the intellectual property rights of U.S. companies. (Find Out…)

By on May 7, 2019

The United States could impose a 25 percent import tariff on $200 billion worth of Chinese goods by the end of this week — the result of threats issued by President Donald Trump following a reported about-face on the part of Chinese officials negotiating a new trade deal with the U.S.

At the core of the dispute? Intellectual property rights, sources claim. (Find Out…)

By on May 6, 2019

Following last week’s announcement that the T600 will serve as the tip of Zotye’s spear, probing into North America, parent company HAAH Automotive Holdings dropped hints that the brand might be one of several Chinese nameplates offered in the United States.

Zotye USA emerged in 2018, after HAAH signed a distributorship agreement with Zotye Automobile International Co. with the clear intent to get its vehicles to market in the Western world. But HAAH CEO Duke Hale claims his company has always had loftier ambitions.  (Find Out…)

By on May 2, 2019

At this point, it feels that every Chinese automaker has delivered an unrealistic promise of bringing fresh product into the United States within a couple of years. Last November, Zotye, Ford’s partner in Asia with a penchant for producing copycat models of European cars, announced plans to bring something over in 2020.

The firm now claims that the T600 crossover — which looks in no way like something from Volkswagen Group; certainly not an Audi Q5 or VW Touareg — will be first model in line for a boat trip to America.  (Find Out…)

By on May 1, 2019

Daimler’s performance arm, Mercedes-AMG, has entered a period of transition. In addition to placing a strengthened emphasis on all-wheel drive, the company will also begin manufacturing vehicles in China.

While the assembly locale isn’t equally important for all cars, AMG is famous for its one-man-one-engine philosophy. Part of the appeal, we assumed, was getting a rear-drive monster with a hand-built engine that some auto nerd from Affalterbach was proud enough of to lend their signature. That could change after the Mercedes-AMG A 45 moves to Beijing later this year.  (Find Out…)

By on April 24, 2019

The jury’s out on whether General Motors will foist an SS version of its new-for-2019 Chevrolet Blazer on Americans, but some consumers stand to get an XL.

An extended version of the midsize crossover is in development, adding enough mass to the vehicle’s rear for the automaker to squeeze in an extra row of chairs. The vehicle would split the difference between the existing Blazer and full-size, three-row Traverse, but don’t expect to see it at a dealership anytime soon. (Find Out…)

By on April 22, 2019

tesla model-s-rear, image: Tesla Motors

As Tesla feverishly attempts to complete construction of a Chinese assembly plant and kick off production before the end of the year, a viral video isn’t helping the automaker’s reputation in that country.

Over the weekend, security camera video shot in a Shanghai parking garage emerged on China’s main social media platform, Weibo. The video shows a parked Tesla Model S lighting its own funeral pyre, sealing the fate of the high-end sedans parked alongside it. (Find Out…)

By on April 17, 2019

By now, you’ve all had a chance to digest Lincoln’s new take on a compact CUV. Underpinned by a platform shared with the equally new 2020 Ford Escape and boasting a model-specific rear multi-link type setup (“integral bush suspension” in Lincoln parlance), the 2020 Corsair is the brand’s latest attempt to restore Lincoln’s faded lustre.

“We are American luxury,” said brand boss Joy Falotico during the model’s New York Auto Show debut. Surely, the Corsair embodies this mantra better than its MKC predecessor, with a stronger commitment to interior trappings and exterior style. But what of the plug-in variant that wasn’t a part of today’s debut? (Find Out…)

By on April 16, 2019

Over the past several years, the Chinese government embarked on an aggressive electric vehicle push, hoping to mitigate the nation’s severe air pollution, reduce its reliance on oil imports, and foster a high-tech manufacturing sector that could put the rest of the world to shame. The result of these efforts? Hundreds of new EV companies, propped up by Chinese subsidies and investors, with no real future.

While it was known that most of these startups would never make it to the finish line, estimates of their survivability rate has grown increasingly bleak. For a time, it was assumed that most would die out — leaving anywhere between 5 and 10 percent to reach the assembly phase. However, NIO Capital’s Ian Zhu posited that the number was likely closer to 1 percent last August.

China is now pulling back its support, with many believing the industrial bubble is about to pop. And they have the math to back it up.  (Find Out…)

By on April 15, 2019

General Motors’ best-selling Buick, the subcompact Encore, has a new face and body — and also a sibling. Both vehicles, each carrying the Encore name, saw the light of day Monday at Auto Shanghai, but only one will grace dealerships on this side of the Pacific. (Find Out…)

By on April 12, 2019

Image: Geely

The ever busy Geely Auto Group unveiled both a car and a brand on Thursday, lifting the sheets off the first model sold under the Chinese auto giant’s Geometry brand — the Geometry A. Efficiency in naming seems to be part of Geely’s MO.

Positioned to capture low-priced electric vehicle buyers in China, Europe, and elsewhere, the all-electric brand’s first offering strives for “minimalistic elegance” … and big, big sales. Oh, and it comes in Standard Range and Long Range versions. Now, why does that sound familiar? (Find Out…)

By on March 28, 2019

smart fortwo electric

Contrary to past media reports, the Smart brand will not join the likes of Plymouth, Scion, and Pontiac in the great automotive graveyard. If that’s a good thing in your books, send a note of thanks to China’s Geely Holding, savior of Volvo and Lotus.

On Thursday, Smart parent company Daimler and Geely announced a 50:50 joint venture to develop and build a new generation of global-market Smart models in China. (Find Out…)

By on March 27, 2019

With Faraday Future and Evergrande Health having officially settled their bitter legal dispute late last year, the once-again independent automaker could finally get back to hunting for new investors. Despite Faraday’s entire existence being overshadowed by financial missteps and bizarre business dealings (resulting in an inability to deliver product), it’s extremely good at scrounging up funds. Breaking ties with its primary financial partner might have seemed like bad news, especially after so many near-death experiences, but this is where the company shines the brightest.

On Sunday, Faraday Future signed into a 50-50 partnership with Shanghai-based internet gaming operator The9 — which amassed its fortune after gaining exclusive licensing rights to operate and distribute the extremely popular World of Warcraft in China. Faraday said the deal marks the first step in its plan to officially launch its dual-home-market strategy in both China and the United States.  (Find Out…)

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