Showing posts with label china. Show all posts
Showing posts with label china. Show all posts

Chery to build Chrysler cars

Chinese Chery Automobile and DaimlerChrysler AG’s Chrysler Group signed a strategic cooperative agreement in Beijing today.

Under this agreement, Chery will assemble small-and medium-sized cars under the Chrysler brand name and export to U.S. , the European markets and other countries. The first cars produced is expected to be based on Chery’s A1 hatchback and carrying the Dodge badge.


MG plant reopens


The former MG Rover plant in Longbridge, Birmingham reopened today. Three new 2-seater MG TF sports cars were rolled out of the production line at a ceremony marking the official reopening by new Chinese owner Nanjing Automobile Corporation (NAC).

The ceremony was attended by Senior Chinese government and company officials. Not sure whether any senior British Govt official attended.

At present, the Chinese firm employs just 150 people at the plant. However, the new owners have promised to create 1200 new jobs.

Industry analysts remain skeptical, however. Read the BBC report here.

For your information, the Rover brand name was bought over by Ford.