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Old 11-27-2009, 01:36 PM   #11
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China approves Guangzhou Auto, Fiat joint venture

November 26, 2009
China's economic planner said Wednesday it approved a vehicle-making joint venture between Guangzhou Automobile Group and Fiat SpA , and the restructuring of Guangzhou Auto and Hunan Changfeng Motors Co.

The joint venture between Fiat and Guangzhou Auto, announced in July, will make Fiat-brand passenger vehicles, Guangzhou Auto-brand sport-utility vehicles and Fiat's 1.4-liter engines, the National Development and Reform Commission said in a statement on its Web site.

The venture will have an annual production capacity of 140,000 vehicles and 220,000 engines.

Guangzhou Auto reached a deal in May to buy a 29% stake in Hunan Changfeng from Changfeng (Group) Co. to become the sport-utility maker's biggest shareholder.
Fiat starts construction of car plant in China

November 27, 2009
Guangzhou Automobile Industry Group and Italy's Fiat SpA started the construction of a 5-billion-yuan ($733 million) passenger car plant in China yesterday.

The new GAC Fiat facility, first announced in July, represents the Italian car maker's return to the Chinese auto market after it ended eight years of cooperation with Nanjing Auto in 2007 due to a failed partnership.

Located in Changsha, capital of Hunan province in central China, the equally owned car production joint venture will produce 140,000 vehicles and 220,000 engines annually in the first phase.

The first model to be produced will be Fiat Linea mid-class sedan as well as Fiat's 1.4-liter turbo engine when production starts in 2011.

The car maker, which formed a strategic partnership with Chrylser LLC globally, said the Chinese passenger car project is an important move in its global strategy.

"It would be impossible for Fiat to rapidly achieve a large market share merely depending on its small cars, where the segment is highly competitive," said Wang Liusheng, an auto analyst from Merchants Securities Co.

"The reborn of Fiat in China will also involve brand-building and setting up dealerships," he added.

With a limited product portfolio, the Italian car maker lost its direction in China, where soaring vehicle sales boosted the profits and sales of major global car makers, including General Motors Corp and Volkswagen AG.

The maker of Alfa Romeo cars and Ferrari sports cars has three imported vehicles in the Chinese market now.

By teaming up with Fiat, Guangzhou Automobile wants to accelerate the development of self-branded vehicles using Fiat's technology.
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Old 05-24-2010, 12:56 PM   #12
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Guangzhou-Fiat to make "C-Medium" sedan in 2012

Changsha-based Guangzhou-Fiat joint venture, founded on March 9, 2010, has nailed down its product planning recently and its first car model, codenamed C-Medium, will be put into production in 2012, media reported.

The C-Medium car is a newly designed mid-class sedan, which carries a 1.4L turbocharged engine and the dual dry clutch transmission (DDCT), reaching the most advanced level of its kind globally. The new car, with a fashion design and excellent performance, will be locally produced from mid-2012.

Moreover, the Linea car, specially designed for the Chinese market, will start production at the end of 2011, the Guangzhou-Fiat joint venture told reporters.
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Old 07-25-2012, 06:28 AM   #13
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Default Re: Fiat and Guangzhou Auto JV

Sorry is in italian.

Dart daughter. I contenuti della Viaggio sembrano, infatti, dare ragione all'ottimismo manifestato dall'amministratore delegato di Fiat: la nuova berlina, che in Cina si chiama "Fei Xiang" un nome che evoca il volo, č spinta da un quattro cilindri turbo (1.4L T-jet da 120 e 150 cv). A firmare la linea della Viaggio č stato il Centro Stile della casa torinese lavorando sull'architettura Cusw (Compact US Wide) della Dodge Dart, che a sua volta deriva dalla piattaforma progettata per l'Alfa Romeo Giulietta. L'auto arriverā nei 91 concessionari e 125 saloni alla fine dell'anno, attraverso una rete che nasce anch'essa dall'accordo con la Gac. La Viaggio, come abbiamo giā anticipato, potrebbe avere anche una sua variante europea a due volumi che andrebbe a sostituire la Bravo.
Gilby - BellunoDolomiti
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Old 08-08-2012, 08:42 AM   #14
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Default Re: Fiat and Guangzhou Auto JV

I guess Fiat Linea has already launched in most of the countries and are obviously doing well. But its been a lot of time and still there are no updates regarding C-medium, which both of the companies had decided to design. I am saying on this basis as I haven't heard of anything about this car regarding updates and date of launch.
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