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Sioux City, Iowa, US
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Roewe 550 - the next MG?
Tue, 22 Apr 2008By Keith Adams Motor Shows 22 April 2008 12:53 The new Roewe 550 unveiled at Beijing this week is Shanghai Automotive Industry Corporation’s promising new mid-range hatch, but could yet turn into the next MG saloon - and be built in Europe. Although it doesn’t look like a groundbreaking effort, the Roewe 550 is one of the Beijing motor show’s hottest debutants. Designed as SAIC's successor to the Rover 45, the car has been designed and engineered in Britain by ex-MG Rover engineers.
London Taxi maker Manganese Bronze bought by China’s Geely
Sat, 02 Feb 2013China automotive giant Geely has bought Manganese Bronze – makers of the iconic London Black Cab – in an £11.04 million deal. The iconic London Black Cab has been an accident waiting to happen for years, as under investment in making the Black Cab fit for the 21st century saw competition – like the Mercedes Vito Taxi and the Nissan NV200 Cab – start to offer serious competition to the taxi that identifies London. Despite an investment by China’s Geely – when Geely bought 20 per cent of Manganese Bronze, makers of the Black Cab – and the bulk of the Black Cab being produced in China and bolted together in the Midlands, the final nail in the coffin for Manganese Bronze was the recall of 400 TX4 cabs over a steering fault.
GM axes deal with Peugeot Citroen: how it helps Vauxhall
Sat, 14 Dec 2013Wolfgang Rattay, Newscom, RTR Strange as it sounds, the sale of GM’s 7% share it only just bought in Peugeot is good news for Vauxhall buyers. The reason is that it is the last stage of GM’s plan to improve the plight of Opel and Vauxhall by getting rid of all the distractions and focusing on improving the cars and the marketing. The Peugeot move has to be seen in the context of GM pulling Chevrolet out of Europe only a few weeks ago.