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    Rumormill: Chinese-owned MG planning TF roadster successor
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    Although it probably plummeted off your radar around the time "My Humps" and "Don' Cha" were topping the charts, the MG TF remains in production. Well, kind of – the factory was idled last year, but it will restart in April. After this year, however, the owners of MG, China's SAIC, have ...

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    REPORT: GM-SAIC pondering Tata Nano fighter?
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    Though the minuscule Tata Nano hasn't even been on the market for a complete year, the impact it's had on the automotive world may be exactly inverse to its size and price. In other words, it's had a huge effect, proving to the world that it's possible to build a business plan around selling ...

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    REPORT: GM selling control of Chinese joint venture to SAIC, half of India operations
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    It has been a busy week at General Motors. The week started off with CEO Fritz Henderson's abrupt resignation, then executives converged on the LA Auto Show where Bob Lutz was the keynote speaker and then the U.S. market Chevy Cruze was revealed. Now, the General is reportedly deep in negotiations ...

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    SAIC-owned MG launches MG 6, first all-new car in 14 years
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    2010 MG 6 – Click above for high-res image gallery
    The last new MG was the MGF sportscar way back in 1995, and oh, what a difference 14 years makes. The MG6 is the first new MG by the company's new owner, Shanghai Automotive Industry Corp. (SAIC), and they've chosen a four-door liftback for ...

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    REPORT: Chinese automaker SAIC accused of hybrid tech theft by SsangYong
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    In the beginning of the decade, before SsangYong got into really deep doo-doo, the Korean automaker began work on a hybrid control unit (HCU) with German engineering firm FEV. From 2004 to 2008, as the research continued, the South Korean government provided nearly half of the financial resources ...

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    SAIC to buy Opel Insignia platform for Roewe?
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    Chinese-spec Buick Regal - Click above for high-res image gallery
    According to an unnamed source from the 21st Century Business Herald in China (via Gasgoo), Shanghai Automotive Industry Corp (SAIC) has been in talks with General Motors since last March to purchase the Eplison II platform (as used ...

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    Ssangyong preparing to lay off nearly 40% of workforce by end of June?
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    Ssangyong Motor Company is still struggling to gain traction after it ceased production late last year and slipped into receivership earlier this year. It restarted its production lines in February, but even the company director, Lee Yu-Il, says volume is still far too slow. To deal with matters, ...

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    Shanghai 2009: Roewe N1 continues to advance concept of credible Chinese design
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    Roewe N1 Concept - Click above for high-res gallery
    Chinese automakers have been on the receiving end of barbs for some time now, particularly when it comes to styling. In terms of both originality and proportion, most Sino automakers have struggled to find both balance and identity, but among ...

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    REPORT: GM China spokesman denies pondering selling Buick to SAIC
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    Chinese-spec Buick Regal - Click above for high-res image gallery
    Yesterday's rumors regarding a possible Buick sale to China's Shanghai Automotive Industry Corp. (SAIC) might have been a wee bit premature according to an unnamed executive at GM China. This news should be anything but surprising ...

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    REPORT: Ssangyong restarts production
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    Korean automaker Ssangyong has reportedly restarted five of its production lines at its plants in Pyeongtaek and Changwon. Earlier this month, Ssangyong was forced to enter receivership as a last ditch effort to stave off bankruptcy after failing to negotiate a deal with Shanghai Automotive ...

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    SAIC to launch mild hybrid in 2010?
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    After investing a few hundred million dollars into alternative powertrain research, China's Shanghai Automotive Industry Corporation (SAIC) says that it's finally ready to produce its first hybrid car. Nothing too fancy, just a mild hybrid with an electric motor that isn't capable of powering the ...

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    Ssangyong enters receivership
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    Could it be too late for Ssangyong? Shanghai Automotive Industry Corp. (SAIC) appears to have given up on Ssangyong Motor Co., allowing the company to slip into receivership. SAIC holds a 51% stake in Ssangyong, but gave up management rights in a bid to avoid liquidation and allow Ssangyong some ...

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    Shanghai GM stumbles in '08
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    One of the refrains we've all heard in recent years is how strong Buick is for General Motors in China, where it's not cursed with the stigma of being a grandparent's brand in the States. While most of yesterday's attention was rightly focused on the industry-wide year-end U.S. sales bloodbath, ...

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    Ssangyong gets bailout from SAIC
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    It may not be the entire 320 billion won that its largest creditor was looking for, but Shanghai Automotive Industries Corp's recent announcement that it would prop Ssangyong up with an investment of 25.9 billion won ($19.89 million) should do the trick. SAIC says the money is to facilitate the ...

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    Ssangyong faces liquidation if SAIC doesn't prop up ailing automaker
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    Things are looking dire at Korea's Ssangyong Motors, which, as you might recall, was unable to make payroll last week due to a total lack of cash on hand. The sordid tale continues this week as Ssangyong's largest creditor, Korea Development Bank (KDB), suggests that it will simply liquidate the ...

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    Ssangyong says it's out of money, can't pay workers
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    Ssangyong, which recently attended the Paris Motor Show and showed off the C200 4-wheel-drive, is officially out of money. The company is more than $77 million (US) in debt, and no longer has the funds to pay its employees' salaries. Ssangyong is owned by Shanghai Automotive Industries China, ...

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    Geely reportedly interested in Volvo Cars
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    We already know that Ford has placed Volvo on the auction block and is actively shopping its Swedish brand to at least one Chinese automaker. New rumors indicate that there may be more players in China with more than a passing interest in taking the brand off the Blue Oval's hands. If SAIC doesn't ...

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    Ford in further talks with Shanghai Auto to sell Volvo
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    The UK's Sunday Mail is reporting that Ford has returned to Shanghai Automotive Industry Corp. (SAIC) to make another pitch to sell Volvo. As we told you back in June, SAIC is one of the leading contenders to snap up Volvo. Although Ford had long maintained the Swedish automaker was not for sale, ...

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    Ford wants $6 billion for Volvo
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    Ford bought Volvo for $6.4 billion back in 1999. Now, a decade later, unconfirmed reports say the automaker is asking nearly the same amount -- $6 billion -- for the Swedish brand. Ford may sell Volvo to demonstrate active steps to cut costs (a critical move as Mulally is in Washington asking ...

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    Roewe 550, 750 arrive in Chile as MGs
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    Remember the Roewe 550? Pretty nice-looking ride, especially for a Chinese car, considering some of the freakishly awful stuff that comes out of the country. SAIC apparently realizes that in terms of name recognition, MG > Roewe. Case in point: the introduction of the 550 and 750 sedans in ...

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