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General Motors to build hybrid car in China
Malaysia Sun Saturday 1st December, 2007
U.S car maker General Motors, will begin producing a hybrid car in China from next year, in time for the Beijing Olympics in August.
One of GM's local Chinese joint ventures, Shanghai GM, will team with SAIC Motor Corp to launch the new model.
So far, there has been little demand for hybrids in China, but GM will build its environmentally friendly credentials as Chinese consumers look for better mileage amid record-high energy prices.
Toyota Motor Corp is currently the only carmaker that builds a hybrid car in China. It sold just 2,000 of the Prius hybrid last year.
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Comments on this story
| By Tom B., 12-07-07, 01:42 PM |
General Motors to build hybrid car in ChinaI saddens me to see GM building cars to sell in the USA in China. I understand partly why it is necessary but its still not easy to accept.
That aside, Go GM! |
| By waltky, 12-07-07, 08:19 PM |
| Yea, well I seriously doubt they will be sold in America at Chinese prices.
:mad:
China rolls out own hybrid car
Sat Dec 15, 2007 - China’s state-owned Chang’an Automobile group has started making its own hybrid cars, the first such move by a Chinese automaker, the Xinhua news agency reported.
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Mass production of the Chinese-designed car, which consumes 20 percent less fuel than ordinary cars of the same size, was launched after six years of research and development, Xinhua said late on Friday. “This shows Chinese automakers have grasped the core technology of making hybrid cars," the report said, adding that Chang’an will donate 10 such vehicles for the 2008 Beijing Olympics.
The Chang’an group controls listed Changan Automobile Co SZ> , a Chinese partner of Ford Motor Co and Mazda Motor Corp The listed arm, based in the southwestern city of Chongqing, is also China’s largest mini-van maker. Demand for hybrid cars is negligible in China, where petrol is subsidized and the impact of polluting factories on local neighborhoods is more the focus of environmentalists than larger issues such as global warming.
Fuel economy figures little in consumers' purchasing decisions in China. Hybrid cars are also expensive since the government offers buyers no incentives to purchase them. Toyota Motor Corp was the first carmaker to build hybrid cars in China. General Motors Corp said last month it would begin producing a hybrid car in China from next year, in time for the Beijing Olympics in August.
[url=http://www.reuters.com/article/environmentNews/idUSSHA13646320071215?feedType=RSS&feedName=environmentNews: MORE[/url]
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| By عادل دروبى, 08-02-08, 01:10 PM |
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| By waltky, 08-06-08, 04:33 AM |
| Hey Farsi fella, ya gonna have to do the English alphabet so’s we know what yer sayin'.
;)
GM finds surprising success in China
Tues., Aug. 5, 2008 - Despite sluggish U.S. sales, Buicks hot items in Shanghai
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The old symbols are still there: the monuments, the uniforms, even the red flag. But on the streets of todayâs China there are a growing number of new icons that Mao Zedong never dreamed of, with prestigious names like Rolex, Louis Vuitton â and Buick. Thatâs right, Buick. Look anywhere in China and there they are: Buick sedans, Buick station wagons, even Buick police cars.
What would Chairman Mao think? Six decades after the communist revolution, China has become the hottest capitalist engine on earth. And ironically, some of the most revered symbols of success in todayâs China are Cadillac, Buick and Chevrolet.
General Motors may be struggling at home, but it is thriving in China. In 2007, GM sold nearly twice as many Buicks in China as it did in the United States â more than 330,000. In this part of the world, your grandfatherâs stodgy old car is actually hip. âGrowing so fast is not easy,â said GM CEO Rick Wagoner. âBut itâs better than shrinking, I promise you.â
More [url: http://www.msnbc.msn.com/id/25950947/[/url]
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