Ferrari Sees Huge Potential In China Market

Business

Seow Yaohan | November 5, 2009

Ferrari expects China to buy as many Ferraris as countries like Germany and Italy within five years, according to Ferrari's Asia-Pacific head, Marco Mattiacci, in a Reuters interview. That represents around 600 cars a year, making China one of its top five global ...

Hongqi HQE - The Most Expensive Limousine You Have Never Heard Of

Shen Maosheng | October 28, 2009

Hongqi HQE (红旗HQE) may be the most expensive limousine you have never heard of, but some of you might have caught a glimpse of it during China’s extravagant 60th anniversary parade earlier this month. China’s First Automobile Works is set to produce a Rolls ...

China's Drive-in Car Museum Inspired By Origami

Seow Yaohan | October 19, 2009

A drive-in car museum? How's that for something novel? You know a country is rich when they indulge in something that the Americans do not. And, of course, that could only be China. After making countless headlines with state-of-the-art architecture at the 2008 Beijing Olympic ...

General Motors Sells Hummer To Chinese Company For USD 150 Million

Business

Seow Yaohan | October 19, 2009

Sichuan Tengzhong Heavy Industrial Machinery Co., a little known China-based machinery maker, has put pen to paper an agreement to buy Hummer from General Motors, almost four months after making known their interest. According to Reuters, the deal would be worth about USD ...

China's September Car Sales Surpass One Million Units

Business

Seow Yaohan | October 16, 2009

Thanks to a series of incentive packages from the Chinese government, China's new car sales in September surpassed one million units for the first time ever, totaling 1.015 million units, which represent an 84 percent year-on-year growth. China's car industry has ...

One-Of-A-Kind Ferrari 599 GTB Fiorano HGTE

Seow Yaohan | October 7, 2009

Assuming you are one of the elite Chinese in China, you belong to China's prestigious Ferrari club, and you are already invited to buy one of the twelve special-edition 599 GTB Fiorano HGTE. But deep inside, you believe that exclusivity should belong to only ...

Special-Edition Ferrari 599 GTB Fiorano HGTE For China

Seow Yaohan | October 7, 2009

You know how important that car market has become when Ferrari launches a special-edition 599 GTB Fiorano HGTE just for them. And who else other than for China. Ferrari has partnered well-known Chinese artist Lu Hao in creating twelve such Ferraris, of which ...