Manufacturing

During Beijing auto show, Chery's "Wuwa"series gained a lot of attention. Today the spy shots of Chery's MVP model, code s18d, also called "Jingjing" is released at 1 o'clock in the moring.

This set of photos is unmasked version. From these photos, the biggest character is two big front lamps - Panda design. And the rear wind shield is wider than its "brother" models. Its Wheelbase is 2330mm, 60mm shorter than Chery A1, even though they are using same chasis.

As mentioned in article before, Chery s18d powerd by its own engine, Maximum power: 60Kw; Maximum torque: 114Nm.

Other specifications:

Minimum ground clearance: 190mm;

Tyre Size: 175/60 R14

Great wall auto's brand new model -COOLBEAR- is coming on the third of March, according to its plan.

As the first new model in 2009, Great wall auto have a great expectation. A insider released that COOLBEAR have passed through various of tests, and it's ready to show its strength in China's auto market.

Comparing to FLORID and GWPERI, COOLBEAR is much bigger and trendier, even though they are in the same platform - Sedan C. As the Great Wall's own VVT 1.5L engine is mature, COOLBEAR will be the first model equiped with this new engine. In addition, COOLBEAR is going to equip Great Wall's new CVT transmission in the second half year.

Chery's electric-powered S18 rolls off line, this indecates there are more than one auto maker get the technology in making electric-powered car, another one is BYD auto.

Details about this electric-powered S18 is unreleased so far, but it wll come into the market in this year!

One time charge will support this micro-car to runs 120km.

China's largest privately owned carmaker Geely Automobile Holdings Ltd has denied reports that it is acquiring the Volvo car unit from Ford Motor Co, Reuters said yesterday.

It quoted a spokesperson from Geely as saying: "We don't have plans to buy Volvo as some media have reported."

Earlier media reports had said preliminary talks between Geely and Ford began in December after Ford said it would consider selling the unit.

It said Ford would likely get less than the $6.4 billion it paid for Volvo in 1999. The US automaker, which is eager to raise cash to avoid a federal bailout, has also approached Chery Automobile Co and Chongqing Changan Automobile Co.

Spokesmen of both Geely and Volvo did not answer calls to their mobile phones.

Li Chunbo, an analyst with CITIC Securities Co in Beijing, said when a Chinese enterprise attempts to acquire a foreign rival it has to consider how it will benefit from the deal and whether it is capable of dealing with the purchased unit.

"When you compare the market value of Geely and Volvo, you will ask how can Geely raise enough money to buy the European car brand," he said.

It would also be hard for Geely to manage such a foreign brand, said Li.

Car sales growth in China slowed to 7 percent in 2008, the lowest in a decade in the wake of the economic crisis. The central government, however, recently unveiled stimulus plans to boost the industry and stop the economy from slowing.

Geely's sales in the country fell 1 percent last year. At the economic forum in Davos last month, Geely founder Li Shufu said sales would rise 25 percent this year partly helped by the government support plan.

Volvo also struggled as the global auto market declined, and its US sales fell 64 percent last year. Ford said Volvo had a pretax loss of $736 million in the fourth quarter.

Ford lost $14.6 billion last year and is trying to avoid asking for government loans to survive after US auto sales plunged to the lowest level in almost 27 years.

Last June, Ford Motor sold Jaguar and Land Rover to India's Tata Motors Ltd for $2.4 billion. It sold its Aston Martin luxury line for $931 million in May 2007 to a group of investors.