Autoblog

REPORT: BAIC/Koenigsegg may produce Saab 9-5 in China

Michael Harley — Sat, 07 Nov 2009 14:26:00 EST

Filed under: China, Government/Legal, Plants/Manufacturing, Saab

Beijing Automotive Industry Holding Co. (BAIC), announced as a minority partner in Koenigsegg's deal to purchase Saab from General Motors two months ago, plans to produce the Saab 9-5 on Chinese soil next year. The involvement of BAIC in the Saab transaction helps Koenigsegg close the deal and gives the Chinese company leverage to re-badge the previous-generation Saab 9-5 as its own or to simply expand the brand's existing reach within the country.

In September, Saab CEO Jan-Ake Jonsson told reporters he wanted to double the number of Chinese Saab dealers from 15 to 30, and that he had an interest in local Chinese production. "Beijing Auto is an opportunity for us to establish ourselves in the Chinese market with their experience," the CEO said. Under current plans, Saab imports all cars to China, where they're sold under the Shanghai General Motors network. Sales have been slow, but promoting the brand under the watchful eye of BAIC may help the brand gain traction in China's huge automotive market.

[Source: Gasgoo]

REPORT: BAIC/Koenigsegg may produce Saab 9-5 in China originally appeared on Autoblog on Sat, 07 Nov 2009 14:26:00 EST. Please see our terms for use of feeds.

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Unique porcelain-finish Ferrari 599 China raises $1.77M at auction

Noah Joseph — Thu, 05 Nov 2009 11:20:00 EST

Filed under: Coupe, Auctions, China, Ferrari

Ferrari 599 China special in cracked porcelain by Lu Hao - Click above for high-res image gallery

A Ferrari 599 GTB Fiorano is an exceptional piece of automotive art. Even more exceptional is the latest model equipped with the Handling GT Evoluzione package. More exceptional still is the limited-edition 599 HGTE made exclusively for the Chinese market. But even in this rarified territory, there exists one 599 HGTE China special that stands apart. We reported on it about a month ago, and it's now been sold at auction.

The one-off Fiorano was hand painted by Chinese artist Lu Hao with a pattern reminiscent of the sought-after Ge Liln porcelain of the Song Dynasty. This unique example was sold on Tuesday to an anonymous collector from Shanghai, who paid the equivalent of $1.77 million for the privilege. The proceeds are earmarked towards helping aspiring Chinese automotive engineers to make it to Italy for further studies and an internship opportunity at Maranello. On hand for the auction event, held at the Red Gate Gallery in Beijing, were the artist, Ferrari executives, faculty members from the participating schools and none other than Michael Schumacher himself. Follow the jump for full details in the press release, and see more in our high-resolution image gallery below.

Gallery: Ferrari 599 in cracked porcelain by Lu Hao

[Source: Ferrari]

Continue reading Unique porcelain-finish Ferrari 599 China raises $1.77M at auction

Unique porcelain-finish Ferrari 599 China raises $1.77M at auction originally appeared on Autoblog on Thu, 05 Nov 2009 11:20:00 EST. Please see our terms for use of feeds.

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SPOILER ALERT: Champion's Champions Crowned at 2009 Race of Champions

Noah Joseph — Wed, 04 Nov 2009 19:26:00 EST

Filed under: Motorsports, China

2009 Race of Champions - Click above for high-res image gallery

Every year, around the world, drivers compete wheel to wheel in all manner of racing series, from rally to F1, touring cars to Le Mans and everything in between. It gives racing fans plenty of varied action to follow, but it leaves one question ultimately unanswered: who is the world's best driver? That's where the Race of Champions comes in.

The event has been held every year since 1988 at the end of the regular racing season, giving the world's best from all manner of racing series the world over a chance to compete against one another on equal footing and common ground. And this year's Race of Champions was no less decisive. Follow the jump to read who claimed victory as the champion of champions.

Gallery: Race of Champions 2009

Continue reading SPOILER ALERT: Champion's Champions Crowned at 2009 Race of Champions

SPOILER ALERT: Champion's Champions Crowned at 2009 Race of Champions originally appeared on Autoblog on Wed, 04 Nov 2009 19:26:00 EST. Please see our terms for use of feeds.

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REPORT: Nissan working on Tata Nano-like cheap car strategy

Jeremy Korzeniewski — Mon, 02 Nov 2009 09:29:00 EST

Filed under: Sedan, China, Hatchback, Nissan, India

India's Tata Nano has seemingly shown the world's remaining automakers that it's possible to build a small, inexpensive car for emerging markets that's still profitable. You can reportedly count Nissan among the companies paying close attention and the Japanese automaker reportedly has plans to launch a new small car platform in Thailand, India and China starting in March of 2010.

The new vehicle architecture is called V (as in Versatile), and it's been in development since 2005. According to drive.com.au, the car will sport 18-percent fewer parts than current Nissan compacts and as many components as possible will be sourced from local areas.

Crucial to the success of the program is a massive number of sales - a whopping one million vehicles per year by 2013, which would represent nearly a third of all Nissan's sold in the last three months. To make that goal a reality, sales in Europe and the United States are also planned, possibly as early as 2011.

[Source: drive.com.au]

REPORT: Nissan working on Tata Nano-like cheap car strategy originally appeared on Autoblog on Mon, 02 Nov 2009 09:29:00 EST. Please see our terms for use of feeds.

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2009 Race of Champions heads to Beijing

Noah Joseph — Thu, 29 Oct 2009 09:30:00 EST

Filed under: Motorsports, China, Celebrities

2008 Race of Champions at Wembley Stadium - Click above for high-res image gallery

Most of this year's major motorsport series are winding to a close. Champions are being crowned. Teams are preparing for next year. You know what that means: it's time for the Race of Champions.

The international event has been held for the past twenty years, and it always offers a real spectacle as some of the world's best drivers compete for top honors. And this year figures to be no different. Held for the first time outside of Europe at the Bird's Nest Olympic stadium in Beijing, the 2009 Race of Champions is set to take place next week, packed with an all-star roster.

Among those taking part this year will be newly-crowned Formula One World Champion Jenson Button, seven-time World Champion Michael Schumacher, recently retired F1 stalwart David Coulthard and rising star Sebastian Vettel. Although six-time World Rally Champion Sebastien Loeb - who won the RoC last year and twice before that - has apparently opted to sit this one out, perennial runner-up Mikko Hirvonen will be competing, along with Audi's multiple Le Mans winners Tom Kristensen and Emanuele Pirro; touring car champions Andy Priaulx, Mattias Ekstrom, Jamie Whincup and Yvan Muller; Dakar winner Giniel deVilliers, Monegasque single-seat racer Clivio Piccione and Australian bike racer Mick Doohan. And finally, these United States will be represented by two of our very finest showmen, Travis Pastrana and Tanner Foust.

This year, the champions will be competing for bragging rights behind the wheels of such varied machinery as the Ford Focus WRC, Volkswagen Scirocco, KTM X-Bow, Solution F Prototype Opel touring car and three different specially-equipped sprint cars. Tune in on Tuesday, November 3 - just two days after the 2009 Formula One World Championship wraps up in Abu Dhabi - for the results.

Gallery: 2008 Race of Champions

[Source: Race of Champions | Image: Mark Thompson/Getty]

2009 Race of Champions heads to Beijing originally appeared on Autoblog on Thu, 29 Oct 2009 09:30:00 EST. Please see our terms for use of feeds.

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Ford officially confirms China's Geely as preferred bidder for Volvo

Sam Abuelsamid — Wed, 28 Oct 2009 12:58:00 EST

Filed under: China, Ford, Volvo, Geely

Volvo S60 concept - click above for high-res image gallery

It's been rumored for months Chinese automaker Geely had the best shot at picking up the Volvo brand from Ford, and today, Dearborn has finally confirmed it. Geely was named as the preferred bidder this morning and the Blue Oval is proceeding with negotiations. However, this is not going to be an easy deal to close. Ford doesn't want to keep any stake in the Swedish company, although it does hope to continue some product cooperation.

In spite of the lack of shareholding, Ford doesn't want Volvo to wither on the vine and wants whoever buys it to have the resources to make it a going concern - unlike what happened when BMW dumped Rover. Perhaps the toughest nut to crack will be intellectual property concerns. Any time a sale like this happens, the seller is be concerned about leaving too much information lying around, and that concern is understandably amplified when dealing with an up-and-coming Chinese company. There is no word on when a deal might be closed, so in the meantime, busy yourself with the official release after the jump.

Gallery: Detroit 2009: Volvo S60 Concept

[Source: Ford]

Continue reading Ford officially confirms China's Geely as preferred bidder for Volvo

Ford officially confirms China's Geely as preferred bidder for Volvo originally appeared on Autoblog on Wed, 28 Oct 2009 12:58:00 EST. Please see our terms for use of feeds.

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Shreveport, LA mayor lobbies D.C. to close the HUMMER deal, already

Jonathon Ramsey — Sat, 24 Oct 2009 14:16:00 EST

Filed under: SUV, Truck, China, Government/Legal, Plants/Manufacturing, GM, Hummer, UAW/Unions

Cedric Glover, the mayor of Shreveport, Louisiana, went to Washington, D.C. to plead his case for the sale of Hummer to Tengzhong. The only thing is, we're not sure why he went. To be more precise, we do know that he wants to protect jobs at GM's Shreveport plant that builds Hummers. The plant has about 800 workers who build some of The General's pickup trucks and Hummer models, and the loss of The Big H would undoubtedly put people out of work.

What we're not sure of is what he thinks Washington has to do with it. He did ask that a couple of D.C. muckety-mucks "consider reaching out to the Chinese government to urge immediate approval of the Hummer deal," but Washington hasn't expressed any opposition to the deal and probably couldn't get the deal concluded on the Chinese side any sooner -- never mind the fact that Hummer is the least of Washington's concerns as far as China goes.

We've been told by one source at Hummer that although nothing is final until it's signed, they feel good about the deal, and Tengzhong must have known what it was doing when it made the bid in the first place. Yet beyond all that, as it stands today the Shreveport plant has three years to live at most: the facility wasn't part of the Hummer sale, and GM said it would shutter the place by 2012 at the latest. Mayor Glover wants to save jobs in his town, which is great, but unless GM starts going gangbusters (and soon) then Glover could be playing the Deck Chair and Sinking Ship game.

[Source: HummerGuy]

Shreveport, LA mayor lobbies D.C. to close the HUMMER deal, already originally appeared on Autoblog on Sat, 24 Oct 2009 14:16:00 EST. Please see our terms for use of feeds.

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Jianghuai flagship sedan looks like an Infiniti G35 with elephantitis of the grill

Jonny Lieberman — Fri, 23 Oct 2009 17:00:00 EST

Filed under: Sedan, China, Etc.

Who says Twitter is good for nothing? Making fun of derivative Chinese car designs (cough Geely cough) is like shooting fish in a barrel. Only the barrel has no water in it, is only six-inches deep and you're using a shotgun. Still, we're thinking this Jianghuai sedan might be taking a cake or two. Obviously, the front end is a bit much. And looking at the car in profile, the Jianghuai isn't just influenced by the Infiniti G35 -- it is the G35. Stare harder at that C-pillar if you don't believe us. But why completely rip off one car when you can jack two? Make the jump to check out the this Jianghuai's pilfered rear.

[Source: Cheshi]

Continue reading Jianghuai flagship sedan looks like an Infiniti G35 with elephantitis of the grill

Jianghuai flagship sedan looks like an Infiniti G35 with elephantitis of the grill originally appeared on Autoblog on Fri, 23 Oct 2009 17:00:00 EST. Please see our terms for use of feeds.

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China building drive-in car museum?

Jeremy Korzeniewski — Fri, 16 Oct 2009 17:44:00 EST

Filed under: China, Etc.

As much as we like our drive-in movies and drive-through restaurants, could there be anything more appropriate than a drive-in car museum? We think not. Unfortunately, such an obvious and awesome thing isn't on its way to America.

Instead, China, a relatively new player on the world transportation scene, is the country planning to erect a drive-in car museum, meaning most of us will probably never get the chance to visit. Ah well, at least the design is thoughtful and innovative. Francesco Gatti, chief architect at design firm 3GATTI in Italy, is responsible for the unique shape of the museum, which allows drivers to climb to the top in their cars and then walk back down via an inner spiral ramp. It seems the structure can be replicated in origami... and now we have a project for the rest of the day.

Gallery: Drive-in automotive museum

[Source: plusmood.com]

China building drive-in car museum? originally appeared on Autoblog on Fri, 16 Oct 2009 17:44:00 EST. Please see our terms for use of feeds.

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REPORT: Former Ford employee arrested for stealing trade secrets

Chris Shunk — Fri, 16 Oct 2009 10:00:00 EST

Filed under: China, Government/Legal, Ford

Former Ford engineer Xiang Dong Yu, also known as Mike Yu, was arrested Wednesday at the Chicago O'Hare airport and indicted on suspicion of stealing trade secrets from his former employer. Yu, who worked at Ford Motor Company from 1997 to 2007, is being charged with downloading over 4,000 sensitive documents to an external hard drive before leaving the automaker for an opportunity with another U.S. company's Chinese operations. Yu was nabbed while arriving in the U.S. from China where he was stationed.

The Free Press is reporting that Yu is being charged with stealing "system design specifications connected to engine and transmission mounting systems; outside rear view windows; sliding doors; steering wheel assembly; interior trim; wipers and washers systems; front/rear side door; instrument panel and console systems; sound and heat control and electric power systems."

Those sound like some serious charges, and if Yu is convicted he can do some even more serious time behind bars. Each count of the theft of trade secrets carries a 10 year term in prison and a fine of up to $250,000. Yu is also charged with unauthorized access of a protected computer, which carries a five year term in the clink and a $250,000 fine. Detroit FBI Special Agent in Charge Andrew Arena told the Free Press that the Bureau takes the trade secrets of the auto industry very seriously, adding that "theft of trade secrets is a threat to national security and investigating allegations involving theft of trade secrets is a priority for the FBI."

Ford is understandably being silent right now in light of the seriousness of what's going on, and at this point we have no idea if any of Ford's important information fell into the hands of the wrong people. Since Yu is just now being brought to justice, it will likely be some time before all the details materialize. Regardless, it will be interesting to see if Yu shopped the illegal data and if there were any takers.

[Source: Free Press | Photo: U.S. Marshals Service]

REPORT: Former Ford employee arrested for stealing trade secrets originally appeared on Autoblog on Fri, 16 Oct 2009 10:00:00 EST. Please see our terms for use of feeds.

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Officially Official: Regal named next mid-size sedan for Buick

Frank Filipponio — Wed, 14 Oct 2009 12:30:00 EST

Filed under: Sedan, China, Buick

Chinese-market 2010 Buick Regal - Click above for high-res image gallery

Drum-roll please. After making a point of pausing to listen to its dealers for input and suggestions, Buick has just announced the name of its next mid-size sedan. Plucking a nameplate from its not-too-distant past, the brand has introduced its newest model for America, the 2010 Buick Regal. Believe it or not but it's been six years since any Buick wore the iconic Regal tag, until it was affixed to the Chinese market Insignia-based sedan this year.

Following on the heels of the Enclave and LaCrosse, the Regal hopes to continue the march towards reestablishing Buick as a premium brand worldwide. There's no word yet on what changes we can expect from the Chinese model shown above, but since it's based on the Euro-market Opel Insignia, it will most likely be a fine ride. The full presser is after the jump.

Gallery: 2009 Chinese-spec Buick Regal

[Source: Buick]

Continue reading Officially Official: Regal named next mid-size sedan for Buick

Officially Official: Regal named next mid-size sedan for Buick originally appeared on Autoblog on Wed, 14 Oct 2009 12:30:00 EST. Please see our terms for use of feeds.

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Recork the Champagne? China says Hummer paperwork not submitted yet

Jonathon Ramsey — Mon, 12 Oct 2009 16:29:00 EST

Filed under: SUV, China, Government/Legal, GM, Hummer

2008 Hummer HX concept - Click above for high-res gallery

Last week, it was reported that General Motors had signed a definitive agreement to sell Hummer to Chinese machinery manufacturer Tengzhong. The Chinese company and its partner in the deal, Lumena Resources Corp., would pay $150 million and receive Hummer and its intellectual property, ownership of U.S. franchise agreements, and manufacturing, business, and component assistance during a four- or five-year transition period.

The questions being raised now concern what is happening on the other side of the Pacific. The Chinese Commerce Ministry reportedly hasn't received Tengzhong's application to officially bring Hummer home, which has led observers to wonder if there will be a holdup or reversal of the deal. According to a Hummer representative, however, Tengzhong had to finalize the deal with GM before it could present it for approval to the Chinese authorities:

The closing of the transaction is subject to customary closing conditions and regulatory approvals and/or review by agencies in China and the U.S. Tengzhong has started communicating with the relevant regulatory bodies and will continue to support the application process in accordance with the requirements. Formal engagement was only able to begin with the signing of the definitive agreement.

If all goes well, Tengzhong hopes to have the deal closed by early 2010.

Gallery: Detroit 2008: HUMMER HX in the design studio

[Source: Automotive News, sub. req'd.]

Recork the Champagne? China says Hummer paperwork not submitted yet originally appeared on Autoblog on Mon, 12 Oct 2009 16:29:00 EST. Please see our terms for use of feeds.

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Fine China: One-off porcelain-finish Ferrari 599 special to be auctioned for charity [w/VIDEO]

Noah Joseph — Tue, 06 Oct 2009 12:59:00 EST

Filed under: Coupe, Performance, Auctions, China, Videos, Ferrari, Specialty, Design/Style

One-of-a-kind Ferrari 599 in cracked porcelain by Lu Hao - Click above for UPDATED high-res image gallery

In a communist country, all Ferraris are equal, but some are more equal than others. Take the special-edition 599 that the Italian automaker debuted exclusively for the Chinese market. Only twelve of them will be made. And now, an even more exclusive version - as exclusive as they get, really - has been presented.

This one-of-a-kind special Ferrari has been further differentiated by Lu Hao, a Chinese artist who applied the special touches that make the China special edition, well...special. It's been decked out in the cracked glaze pattern of the coveted Song Dynasty-era Ge Liln porcelain, and signed by the artist. The unique supercar will be auctioned off for charity in Beijing on November 3, but you can see it for yourself in the gallery below and the video after the jump.

UPDATE: Two new images added to the gallery below, and official press release inserted under the video after the jump.

Gallery: Ferrari 599 in cracked porcelain by Lu Hao

[Source: Ferrari]

Continue reading Fine China: One-off porcelain-finish Ferrari 599 special to be auctioned for charity [w/VIDEO]

Fine China: One-off porcelain-finish Ferrari 599 special to be auctioned for charity [w/VIDEO] originally appeared on Autoblog on Tue, 06 Oct 2009 12:59:00 EST. Please see our terms for use of feeds.

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Red Flag: Ferrari crafts a dozen 599 HGTE specials for China

Noah Joseph — Mon, 05 Oct 2009 16:58:00 EST

Filed under: Coupe, Performance, China, Ferrari

Ferrari 599 HGTE China Limited Edition - Click above for high-res image gallery

It wasn't so long ago that the idea of seeing an exotic Italian sportscar in mainland China was as much an anathema as a Chinese car in America. But the times, as one Mr. Dylan sang, they are a-changin.' Today, China is one of Ferrari's most important markets, where the red Prancing Horse shares the streets with the Red Dragon. To mark that relationship, Ferrari has announced a special edition exclusively for the Chinese market.

Based on the 599 GTB Fiorano with the company's new Handling GTE package, the China Limited Edition has been updated with special touches designed by Chinese artist Lu Hao: the starter button glows jade green, the tachometer features ancient Chinese characters instead of the usual numerals, and the luggage is emblazoned with a map of the Silk Road taken by the famous Italian explorer Marco Polo. The Rosso Fuoco paintjob with the gray roof mimics the 599XX, and only a dozen examples will be made - with over a billion people in the market, we're betting they'll be snapped up fast. Check it out in the high-res image gallery below.

Gallery: Ferrari 599 HGTE China Limited Edition

[Source: Ferrari]

Red Flag: Ferrari crafts a dozen 599 HGTE specials for China originally appeared on Autoblog on Mon, 05 Oct 2009 16:58:00 EST. Please see our terms for use of feeds.

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To Chuanfu! Thanks for Everything, Warren Buffett

Chris Paukert — Fri, 02 Oct 2009 18:29:00 EST

Filed under: China, Earnings/Financials, Celebrities

Wang Chuanfu (above), the founder of Chinese battery manufacturer and automaker BYD is reportedly the richest man in all of China. Already a wealthy man, Bloomberg reports that Chuanfu has jumped a startling 102 places to land himself atop Hurun Rich List, an annual wealth index chronicling the country's richest people.

How did this happen? Chuanfu made nice with "The Oracle of Omaha" Warren Buffett, and the investor has paid him back - handsomely. The iconic businessman's Berkshire Hathaway Inc. took a 10% stake in BYD this year, and the stock feeding frenzy that resulted pushed Chuanfu's personal wealth from a piffling $880 million up to a get-Robin-Leach-on-the-horn $5.1 billion. Buffett himself pocketed a billion from the relationship in short order, too.

Of course, Bloomberg notes that it also helps that BYD's F3 sedan has become China's best-selling automobile this year, and presumably the demand for high-capacity rechargable batteries for everything from phones and laptops to hybrid autos isn't going anything but up.

Either way, we wouldn't be surprised to learn that Chuanfu plans on repaying Buffett's favor come holiday season by sending him the mother of all fruit baskets.

[Source: Bloomberg | Image: Bill Pugliano/Getty]

To Chuanfu! Thanks for Everything, Warren Buffett originally appeared on Autoblog on Fri, 02 Oct 2009 18:29:00 EST. Please see our terms for use of feeds.

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REPORT: Outgoing Saab 9-5 to live on... as Chinese BAIC

Jeremy Korzeniewski — Fri, 02 Oct 2009 09:27:00 EST

Filed under: Sedan, Wagon, China, Plants/Manufacturing, Saab

If Billy Joel is right that only the good die young, the outgoing Saab 9-5 has been very, very bad. In automotive terms, the 9-5 is positively ancient, having first seen the light of day in 1997 and getting very little in the way of meaningful changes since that time.

If, though, you happen to like cars that feature a design that's... shall we say, "proven," we have some good news to report. According to Autocar, the old 9-5 will get a new lease on life from China's Beijing Automotive Industry Corporation (BAIC). It's not clear what changes (if any) will be made to the car in its new incarnation, or if BAIC will also purchase the rights to Saab's turbocharged four-cylinder engines.

Last month, BAIC made a $400 million investment into the Swedish automaker, becoming a minority shareholder in Koenigsegg, Saab's new parent company. As for the 9-5 in America, well... let's just say we're happy to be getting the completely reengineered 2010 model.

[Source: Autocar]

REPORT: Outgoing Saab 9-5 to live on... as Chinese BAIC originally appeared on Autoblog on Fri, 02 Oct 2009 09:27:00 EST. Please see our terms for use of feeds.

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REPORT: Mitsuoka to offer unique rental cars in Japan, also plans to sell in China

Jonathon Ramsey — Sun, 27 Sep 2009 11:15:00 EST

Filed under: Convertible, Coupe, Performance, China, Japan, Beijing Motor Show

Mitsuoka Orochi - Click above for high-res image gallery

Mitsuoka, the Japanese car company whose mission seems to be hoarding all the ugly in the entire world and using it to design automobiles, will expand into Japan's rental car market and offer its luxury range in China. Japanese drivers will be able to rent the Orochi for ¥25,000 ($279 US) from 10 a.m. to 7 p.m., or for three whole days for ¥45,000 ($501 US). They can also sport the Himiko for ¥20,000 ($223 US) for those nine hours, or ¥36,000 ($401 US) for 72 hours.

The sea monster-faced Orochi will also spearhead Mitsuoka's charge into China. The company plans to display the car at next year's Beijing Auto Show, and to open dealerships in Beijing, Shanghai and Guangzhou. We know the Chinese have occasionally fascinating taste in car design, but we can't wait to see how they receive the Orochi. Mitsuoka wants to move 35 units in its first year, and as if its looks weren't queer enough, the car is expected to cost 50% more in China than it does in Japan, where it will already set you back ¥9,345,000 ($87,287 USD). Any takers?

Gallery: Mitsuoka Orochi

[Source: Antara News]

REPORT: Mitsuoka to offer unique rental cars in Japan, also plans to sell in China originally appeared on Autoblog on Sun, 27 Sep 2009 11:15:00 EST. Please see our terms for use of feeds.

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Obama administration slaps hefty import tariffs on Chinese-made tires

Jonathon Ramsey — Mon, 14 Sep 2009 13:58:00 EST

Filed under: China, Government/Legal

The aggrieved parties are: the United Steelworkers and the U.S. government on one side, Chinese tire companies and the Chinese government on the other. The issues are, as always, jobs and money. The Steelworkers brought a case against Chinese tire companies for dumping tires on the U.S. market over the past few years and in the process putting more than 5,000 people out of work and closing seven domestic tire factories. The case was ruled on by the U.S. International Trade Commission, which found in favor of the Steelworkers. In response, the current administration plastered a 35% tax on Chinese passenger car and light truck tires.

Naturally, the Chinese are miffed, to say the least. They feel the tariff is contrary to World Trade Organization rules and President Obama's rhetoric on current tariff levels, as well as being a tactic of undue protectionism. When China entered the WTO, the U.S. specifically negotiated the right to protect itself against a sudden wave of Chinese goods, and the ITC feels that China's share of the tire market having grown 14% in four years, with 31 million more tires entering, is just such an occasion.

Politics could be the decider in this one, however. China can complain to the WTO, attempt to impose its own countermeasures, or at the upcoming G-20 meeting it can simply whisper in Obama's ear, "You know that $1.56-trillion-and-counting deficit you guys need floated..." Nobody wins in the case of escalation, but we have a feeling the fight isn't yet finished.

[Source: Wall Street Journal | Photo: Mark Ralston/AFP/Getty Images]

Obama administration slaps hefty import tariffs on Chinese-made tires originally appeared on Autoblog on Mon, 14 Sep 2009 13:58:00 EST. Please see our terms for use of feeds.

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OnStar not for sale, expanding into China

Michael Harley — Wed, 09 Sep 2009 18:20:00 EST

Filed under: China, Technology, GM

Profitable, and with 5.5 million subscribers under its belt, GM's OnStar vehicle telematics system is not for sale, according to a top General Motors executive. "At this point, OnStar is firmly a part of the new GM and is an integral part of GM's future strategy," reports Chet Huber, the outgoing president of OnStar. Huber, who has led the unit since its launch in 1995, made the statement yesterday during a media event with his successor, Walt Dorfstatter.

While GM has been ditching brands to cut expenses, OnStar seems to be doing very well. There are plans to expand the technology across the emerging Chinese marketplace, and its engineering team is determined to push development. "Innovation is at the core of OnStar, just not the dancing hologram type of innovation that some companies try to use as eye candy instead of substance," boasted Huber. The subscription-based system is credited with over 500 patents (and it continues to file for new ones at the rate of one every six days). OnStar recently added an engine-block disabling feature, designed to deter vehicle theft, and is working on its own form of text message integration and traffic reporting.

Even though the relationships with Acura, Audi, Isuzu, Lexus, Subaru, and Volkswagen have ended, executives have not ruled out licensing the technology to other automakers either.

[Source: Automotive News - Sub. Req.]

OnStar not for sale, expanding into China originally appeared on Autoblog on Wed, 09 Sep 2009 18:20:00 EST. Please see our terms for use of feeds.

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REPORT: China's Beijing Automotive takes minority stake in Saab

Jonathon Ramsey — Wed, 09 Sep 2009 13:28:00 EST

Filed under: China, Europe, Saab

2010 Saab 9-5 - Click above for a high-res image gallery

It had been reported that SAIC had quietly taken a stake in Saab in conjunction with the Koenigsegg Group. However, it's been confirmed that Beijing Automotive -- which also recently made a play for Opel -- has grabbed a share of the Trollhätten pie.

BAIC provided the $400 million difference in cost that Koenigsegg needed to complete the sale and the final financial hurdle is for the Swedish government to guarantee a $600 million loan from the European Investment Bank to Koenigsegg.

Those kinds of numbers mean that Saab will be more expensive than Aston Martin, which might sound a little odd -- especially for a company that sold just 93,000 cars last year. But the tie to BAIC -- and Russia, Augie Fabela, a cell-phone company magnate -- could open up two enormous markets that will give Saab access to market numbers that could justify its purchase price and existence. Full press release from Koenigsegg after the jump.

Gallery: 2010 Saab 9-5

[Source: Koenigsegg]

Continue reading REPORT: China's Beijing Automotive takes minority stake in Saab

REPORT: China's Beijing Automotive takes minority stake in Saab originally appeared on Autoblog on Wed, 09 Sep 2009 13:28:00 EST. Please see our terms for use of feeds.

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