Chery
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Jaguar Land Rover may have plans for a new brand in China with its local joint venture partner, Chery. According to a report from Autocar published Thursday, JLR is keen to improve its presence in China and may do so with a new brand to rival Volvo and Geely's Lynk & Co. While Lynk & Co. is meant to expand outside of China, JLR's new brand will reportedly focus on the Chinese market. The automaker denied the latest rumors in a statement to Autocar, but Chinese auto industry analysts believe otherwise. A number of management shuffles inside Chery are seen as a precursor to a new brand...
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Mercedes and Chery reach agreement on use of EQ name in ChinaMercedes-Benz in the coming years will introduce a family of new electric cars under the EQ sub-brand. There was a chance Mercedes might have been blocked from using the name in China because local automaker Chery has been selling an electric car called the eQ since 2014. However, the two...
Viknesh Vijayenthiran -
Mercedes could be blocked from using EQ name in China
Mercedes-Benz used the 2016 Paris auto show to launch a new sub-brand for electrified cars called EQ. Since then Mercedes has used the EQ Power+ name on its 2017 Formula One car and Mercedes-AMG GT concept to denote the cars’ respective hybrid powertrains, and eventually the automaker will...
Viknesh Vijayenthiran -
Jaguar Land Rover Starts Production Outside U.K. For First Time
It was two years ago that Jaguar Land Rover announced a partnership with Chery to establish a new production facility in China. Production at the new facility finally commenced this week, with the first model produced there being the Land Rover Range Rover Evoque. This is the first time that one of...
Viknesh Vijayenthiran -
Former Porsche Designer To Style New Models For… Chery?
After designing Porsches in Germany for the past 15 years, 47-year-old Hakan Saracoglu will head to Shanghai, China to lead a new design studio for state-owned automaker Chery. Saracoglu, who during his tenure at Porsche helped style models like the upcoming 918 Spyder as well as the latest Cayman...
Viknesh Vijayenthiran -
Jaguar Land Rover Deal With Chery Includes More Than Just A Production Site
China is currently the single biggest market for Jaguar Land Rover, so it should come as little surprise that the British firm already has an alliance deal with one of China’s biggest automakers, Chery, and will soon be establishing its first design center outside the UK in China. This week...
Viknesh Vijayenthiran -
Jaguar Land Rover has reached an agreement with Chery over plans to form a joint venture in China, paving the way for Jaguar Land Rover to start production of its own vehicles in the world’s biggest new car market. The agreement follows extensive talks between Jaguar Land Rover and Chery on establishing an equal partnership company. In a joint statement, Jaguar Land Rover chief Dr Ralf Speth and Chery CEO Mr Yin Tongyao said: "Working together on this proposed joint venture is an exciting prospect for both Jaguar Land Rover and Chery. Demand for Jaguar and Land Rover vehicles continues...
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Chinese bureaucrats cause a ruffle by approving Mercedes and BMW cars for government use
China is now the single biggest market in the world for new cars but that doesn’t mean the government is slowing down on the purchase of cars for its official fleets. While this usually would not be worthy of reporting, the fact that the Chinese government has approved luxurious Mercedes Benz...
Kenneth Hall -
Chery gets literal, launches two new sub-brands in China: Riich and Rely
The American car industry as a whole may be under fire for its current situation, but there's always a bright side. Like Arkansans are fond of saying, "thank God for Mississippi" when it comes to state-by-state rankings, Detroit no doubt finds similar relief in the misadventures of Chinese...
Nelson Ireson -
Report: Chinese government gives Chery Auto approval for Volvo acquisition
Ford is having trouble offloading its failing Volvo subsidiary but the company is determined to sell it and has already started approaching potential buyers in spite of the tough economic conditions. The Blue Oval has been in talks with a number of potential suitors in the recent past, and the...
Viknesh Vijayenthiran -
Detroit 3 looking to Asia for brand sales
Tough times are a unifying theme of the economic and sales reports of the last six months, especially in the car industry. Finding ways to pull itself up by the bootstraps is proving harder than imagined by some, but the effort is pushing the Detroit 3 to consider a window of opportunity in Asia...
Ralph Hanson -
Chrysler's LaSorda denies sale of brands
One of the biggest criticisms for struggling Detroit carmakers General Motors and Chrysler is the number of brands they have under the one roof and the associated problem of selling models that often compete with one another in the same segments. In its efforts to secure its share of a federal...
Ralph Hanson -
The deal between Chrysler and Chery to build small cars for the North American market has been anything but smooth sailing, with numerous delays and obstacles causing both companies to have almost walked away from the deal previously. Now, Chrysler has formerly announced that both it and Chery have “mutually agreed” to end talks on a strategic cooperation that had been ongoing since July 2007. “The economic situation and market environments around the world have changed significantly since the agreement was signed,” Mike Manley, Chrysler executive vice president of...
