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Chrysler Group is cooperating fully with China’s General Administration of Quality Supervision, Inspection and Quarantine to identify and fix 2008-2010 model-year Jeep® Wrangler SUVs equipped with automatic transmissions and sold in China. In February 2010, Chrysler issued a global recall to address a potential for transmission fluid to overheat and expel onto hot surfaces that [...]
Automotive News is reporting that Fiat SpA will create a new vehicle based on the next-generation Dodge Caliber for the Chinese and Russian markets. The Chinese market vehicle will be produced in a new plant that will open in July 2012 in the Changsha Economic Zone in Hunan Province. The new venture is in cooperation [...]
Detroit News reported today that Ford had signed an agreement to sell the Volvo car division, which it acquired in 1999 for $6.5 billion, to the Zhejiang Geely Holding Group of China, for $1.8 billion. Geely will acquire Volvo’s intellectual property, which includes advanced engine, quality, and safety technology, filling gaps in the Chinese auto [...]
Following an investigation of Chinese tire companies accused of selling their wares in the United States at prices below their own cost, in order to remove competitors, the Obama administration imposed new taxes on tires imported from China. In return, China has demanded investigations on United States automotive exports and poultry. China has not allowed [...]