Spyker Cars Says Saab won�t Meet its Sales Target this Year, Now Talking with Chinese Companies for Funding

The roller coaster that is Saab has taken another turn, and unfortunately for the Swedish brand, the future doesn�t look so bright. In spite of a tentative agreement to let Russian banker Vladimir Antonov invest 30 million euros in Saab�s parent company Spyker in return for a 29.9 percent stake, the investment still needs to be approved by the European Investment Bank, which means the Swedes are still short on cash and cannot resume full production.

Today, Spyker reported a loss of �79 million before interest and tax for its first quarter earnings, while the company�s CEO, Victor Muller, said that Saab will not meet its sales target this year.

Read more �

VIDEO: Geely�s McCar Bundles Four Seats and a Scooter in a Mini Package

At the 2011 Shanghai Auto Show, Chinese automaker Geely displayed an interesting concept car called McCar, whose funny name reportedly stands for �Magic car� and �Motorcycle Car� , and has nothing to do with the famous chain of fast-food restaurants � unless you take into consideration the fact that there is a folding electric scooter sandwiched between the rear seats of the car� Read more �

Geely Drops Five New Models and One Concept Car at Shanghai Auto Show 2011

This past week saw many new production and concept cars making their world premiere at the increasingly important from a global point view, Shanghai Auto 2011. One of the most prominent brands of the show is Geely Auto, the Chinese automaker and owner of Volvo Cars, which displayed 37 vehicles along with its latest R&D achievements.

Headlining the Chinese automaker�s presence at the show is a hybrid concept vehicle called the McCAR and five new models that the company says will soon enter production and include the Gleagle GC6, Gleagle GX6, Gleagle GS-CC Coupe, Emgrand EC6-RV and Englon SC7-RV. Head over the jump for more details and photos.

Read more �

China Duplicate MINI Cars

There have been many who proclaim that there is no doubt the expertise of Chinese manufacturers who can imitate a car design. There seems to be a car they could not duplicate the design. Consider just Geely cars Emgrand EC6-RV, so precise with the output of the BMW MINI.

As reported by China Car Times, Thursday (14/04/2011), this car will be exhibited at the Shanghai New International Expo Center next week. So the eyes of visitors likely will be focused on this Chinese version of the MINI.

This car is similar to the MINI Cooper but with the addition of another style so similar also with Citroen DS3.

Even so, its size is reported to have a longer length of 3845 m of 100 mm from the MINI. Wheelbasenya was 6 mm longer that is 2467 m.

While the machine using a 1300 cc engine with a turbocharger. Transmission options include dual-clutch and manual 6-speed.

For suspension Geely will use a semi-independent torsion beam in the rear, but McPherson also likely to be used Geely.

SPESIFIKASI MPV Geely

SPESIFIKASI MPV Geely

China carmaker Geely will present the family car or MPV variant in the years ahead. Geely to make sure cars are cheaper than a million people of Toyota Avanza.

Placement of low prices of course taken Geely to its MPV's MPV market is more competitive in the homeland. Geely own new MPV will be releasing it early in 2011.

"The price will be below the price of the Toyota Avanza, in order to be competitive, the early launch in 2011," said President Director of PT Indonesia A. Geely Cars Budi Pramono the sidelines of a media test drive of the Geely MK in the Bandung, Thursday (08/05/2010).

Although the claim is still under development, but Geely Car PT Indonesia (GMI) 515 GV ensure Geely MPV will be launched in the country later this year.

Thus disclosed GMI President Director Budi Pramod while talking with Legal. According to him, currently the GMI is still waiting for the production of the GV 515 that use the right wheel. "Because in China alone is currently still use the steering wheel left," he said.

The process of change from the wheel left to right it said he had spent approximately 6-8 months. "If the process of changing from left to right is not long, but once altered it also needs a process of testing," he said.

The process of testing, he said, among others, the road test phase, the synchronization between the position of pedals, levers transmission with steering wheel that is now changing its position to the right, and also how will motorists will be familiar with a bunch of these positions.

That's why, said Budi, if in the near future in their home countries GV 515 will begin production using the steering wheel right, then no longer Affairs Panda MPV was ready to go in Indonesia. "Probably around the end of this year was," he said.

As a newcomer, Geely did not want to peg the price too expensive. "If we put a high price later on baseball even get anything, let alone the new MPV," said Budi.

MPV variant that will be sold Geely named Englon SV5. This new own car face had displayed beautifully in Beijing Auto Show last April.

Englon SV5 itself is a 7 seater MPV which carry two options ie, 1299 cc engine and 1498 cc. With his performance, look no less Englon SV5 with parbikan Japanese have long dominated this class.

"The door is a sliding passenger door, we ask that it be made so the electric sliding door, and they agreed, so this car will be more modern but with a more affordable price of the bag," said one owner of Geely dealers in Indonesia who were in Beijing Auto Show.

Toyota Avanza variants priced lowest price is Rp 130 million on the road of Jakarta. Can Geely MPV his Price below Rp 100 million? Next year he replied.

IG Geely Akan Saingi Tata Nano Mobil Termurah di Dunia

Chinese car, Geely, which plans to unseating Tata Nano as the world's cheapest car with a hatchback based on the historical event itself IG during the Beijing Motor Show recently concluded.

With an expected price somewhere around � 1.800 - $ 2.700 - IG will replace the Nano, which retails for � 2.500 ($ 3.800) and is currently the world's cheapest car.

Although this car is relatively poor price tag, the IG concept that we see in Beijing are equipped with a pair of gullwing doors AMG Mercedes-esque SLS, which makes it look a bit awkward considering the size of a little fat. However, according to Geely, the IG, because it's 185mm longer than the Toyota iQ and has a wheelbase 100mm longer too, will be produced as a second vehicle 2. Of course, aspects +2' 'notice to the person sitting in the back.

We would be very curious to see the gullwing doors on the production version of IG, but we're afraid that because they're trying to make cars as cheaply as possible, the type of equipment in the car door which will cost approximately $ 3,000 would be nearly impossible.

Geely, which recently bought Volvo from Ford, also claims that the IG, or Intelligent Geely, will be of better quality than the Nano.Although the IG is 185mm longer than the Toyota iQ and sits on a 100mm longer wheelbase, it is billed as a 2+2, with very limited rear space.The concept�s expensive gullwing doors are expected to be deleted in favour of a more conventional design.There�s even a chance that an electric version of the IG will be sold in Europe and the US.

Geely already sells cars in Russia and eastern Europe, and is looking to expand its reach. �The concept has had a very positive reaction, and with the car not launching until 2012 there is time for us to expand our network before then,� said a spokesman.

The Chinese version of the IG will be powered by a 988cc petrol engine developing 70bhp and 69lb ft and driving the front wheels through a five-speed CVT �box.