Beijing Auto acquires Swedish transmission plant

Wed, 03/02/2011 - 18:08 — Michał Hadyś

Beijing Automotive Industry Holding Co (BAIC) has acquired a WEIGL transmission plant in Sweden for 31 million euros (281 million yuan). The factory will enable BAIC to produce large-torque transmissions for its own brand cars, the state-owned Chinese automaker said in a statement – according to Auto News China.

The transmission plant -- located in Gothenburg -- originally was owned by GM. It was purchased by German auto parts supplier the WEIGL Group KG in April 2008. The factory is the second acquisition BAIC has made in Europe. In December 2009, the Chinese company paid 1.4 billion yuan for technology from General Motor Co.'s Saab unit, including the rights to three vehicle platforms, two engines and two transmissions.

BAIC hopes to sell over 20 own-brand models within the next five years. The company will also debut its first mid-high class sedan this year. The as-of-yet unnamed sedan, built on recently purchased Saab technology, is expected to be sold later 2011.

BAIC has joint ventures with Daimler AG and Hyundai Motor Co.

Source: Auto News China

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Will Great Wall Motor invest in Lublin?

Wed, 05/16/2012 - 16:27 — Michał Hadyś

The news about potential investment of Great Wall Motor was revealed by Dziennik Wschodni, which relying on the direct information from the local government. According to newspaper, GWM considers assembly passenger car and commercial vehicles in the former Daewoo’s factory. Representatives of Chinese company visited Poland with the Prime Minister of China in late April. Is there any chance to implement a new project?

BYD Auto and announce of the new bestseller

Tue, 05/15/2012 - 20:50 — Michał Hadyś

BYD unveiled two new exciting models – the "F3 Plus" and the Dual Mode "Qin" at 2012 Beijing International Auto Show. This year's Auto show theme was "Innovate and Excel" and BYD did both displaying 3 new break-through technologies in their new vehicles. The BYD Qin is an intelligent, next-generation, highly-efficient dual-mode electric vehicle that uses BYD's new, innovative Dual Mode II system with improvements over the first generation's F3DM system.

Polish traders afraid of Chinese pickups?

Mon, 03/19/2012 - 17:56 — Michał Hadyś

Polish traders are not interesting of Chinese pickups. This conclusion stems from fast dropping prices of the model ZX Auto Grandtiger produced in 2011. Dealers which has decided distributing of the car compete together who give the lowest price. Grandtiger, which normally costs less then 17,000 EUR* (without taxes) for the best version with two airbags, air conditioning and metallic color, currently is offered for 13,350 EUR*. It is very competitive price, because is equipped with Hyundai’s 2.5l (170 hp) diesel engine and three year warranty.

40 Chinese car were registered in Poland in 2011

Mon, 01/30/2012 - 18:07 — Michał Hadyś

The registration data provided by IBRM Samar show, that only 40 Chinese cars were registered in Poland in 2011. Although this result isn’t impressive, it is more twice than in 2010, when the number of registrations was 19. For comparison, a Samar reported 13 units of models „made in China” in 2009, so Polish market is growing up.

Poland

Foton Tunland enters to Poland

Sun, 01/15/2012 - 20:37 — Michał Hadyś

Beiqi Foton will debut on the Polish market later this year. One of the biggest Chinese producer of commercial vehicles is building sales network. Although we don’t know the official Foton’s offer, we can suppose that only new cars with European homologation and Euro 5 norm can appear on the Polish streets. Foton has only one model which meets our expectations. It is a newest pickup named Foton Tunland (code P201).

Foton
Poland

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