Tag: chinese
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China’s Geely is new partner for Bloodhound land speed record team
The United Kingdom’s Bloodhound has secured vital funding from Chinese automaker Geely in order to complete its attempt on the world land speed record, scheduled to for South Africa in October 2017. Geely, which is the parent company to Volvo, has been named the prime sponsor of Bloodhound, as well as the team’s official automotive…
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Apple invests $1 billion in Chinese Uber rival
Apple is perhaps signaling its future intentions regarding the auto industry with the announcement it is investing $1 billion in a Chinese rival to ride-sharing businesses such as Lyft and Uber. The investment in Didi Chuxing Technology was announced yesterday and comes just a few months after General Motors Company [NYSE:GM] announced it was…
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BMW builds long-wheelbase X1 for China
BMW has been cranking out its X1 compact crossover since 2009, when it debuted for the 2010 model year. The X1 has proven exceedingly popular as global sales of the model have topped 800,000 units. Over 200,000 of those sales came by way of the Chinese market, and it’s there where BMW will launch an…
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Next-Gen Volkswagen Phaeton’s Design Previewed By C Coupe GTE Concept
Volkswagen has a variety of models it sells only in China, such as the Santana compact sedan and more recent Lamando four-door coupe. Now, the German automaker is previewing another model aimed exclusively at the Chinese market with the C Coupe GTE concept car, unveiled ahead of its debut tomorrow at the 2015 Shanghai Auto…
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Mercedes AMG Lock Out Front Row For 2015 Formula One Chinese Grand Prix
Mercedes AMG was back in full form at today’s qualifying session for the 2015 Formula One Chinese Grand Prix, with its drivers Lewis Hamilton and Nico Rosberg locking out the front row for tomorrow’s race. Hamilton was the fastest and thus will start at pole. He posted a 1:35.782 in Q3 to earn his third-straight…