Visionary Vehicles ends venture with Chery Auto

The News Review:

- Visionary Vehicles ends venture with Chery Auto
- Lawsuit filed to shutter four auto service shops
- Visitors at Beijing Auto Show
- Auto arts giant Bosch to double investment in China
- Parts makers hit by foreign onslaught
- Chamco expects to be first US importer of Chinese autos in 2008.

Visionary Vehicles ends venture with Chery Auto
International Herald Tribune – Nov 23, 2006
importer of Chinese autos hit a snag after his Visionary Vehicles said Thursday that it had ended a joint venture with the company that was to build the vehicles. Bricklin 67 began meeting other Chinese automakers during the Beijing Auto Show last week after deciding against an exclusive relationship with Chery Automobile a Visionary spokeswoman Wendi Tush said Thursday. Chery may still assemble some cars for Visionary on a contract basis she said.

Lawsuit filed to shutter four auto service shops
Las Vegas Review-Journal – Las Vegas Review-Journal – Nov 23, 2006
The office wants to suspend permanently the licenses of the Purrfect Auto Service store at 10050 S. in Henderson along with stores at 3190 E. Sunset Road 5035 S.

Visitors at Beijing Auto Show
ä¸­åæ¥æ¥ – ä¸­åæ¥æ¥ – Nov 23, 2006
China may still be the promised land for global auto makers but competition is set to reach new heights in coming years as consumers start buying cars for a second or third time and are more swayed by brand loyalty. China is the world’s second largest automobile market after the United States.

Auto arts giant Bosch to double investment in China
Antara – Nov 23, 2006
This year alone Bosch has invested 160 million euros to build two plants in Changsha in Hunan Province and Suzhou in Jiangsu Province. Another 100 million euros will be used to expand the two plants Shanghai Securities News reported. Peng Deyuan president of Bosch (China) Investment Co.

Parts makers hit by foreign onslaught
Globe and Mail – Nov 23, 2006
market by Canadian auto parts companies slid 6 per cent in the first nine months of the year while U. imports from Mexico grew 7 per cent and those from China soared 29 per cent according to data compiled by the U.

Chamco expects to be first US importer of Chinese autos in 2008.
Free with registration – Europe Intelligence Wire – AccessMyLibrary.com – Nov 23, 2006
Chamco expects to be first US importer of Chinese autos in 2008. (23-NV-06) Europe Intelligence Wire. "We intend to.

Written by admin on November 23rd, 2006 with no comments.
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