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...with Volkswagen's joint venture. More recently, Chery has run afoul of GM by releasing a car, called the QQ, that looks almost exactly like a GM model--the Spark--that didn't hit the Chinese market until December. PSA Peugeot Citroen, the French maker of the successful Citroen sedan in central China, faces a similar problem. A local producer called Shanghai Maple introduced a model that looks startlingly like the Citroen: same body, same interior, even the same way of tooting the horn from the turn-signal toggle. "It's exactly the same as the Citroen except half...

Author: /time Magazine | Title: China: TIME Global Business: Moving Too Fast? | 2/23/2004 | See Source »

...effects of hypercompetition in autos are working their way through the system. The cost of a sedan dropped 9% last year in China. And although the country's soaring demand for metals has caused a sharp increase in raw-materials prices this year, overinvestment could eventually cause prices to collapse there too. A metals trader in the U.S., for example, hangs on his wall a world map with black dots indicating the location of aluminum plants. Most producing countries have five or six dots; China has 130. "China is building smelters like McDonald's opens restaurants," says the trader...

Author: /time Magazine | Title: China: TIME Global Business: Moving Too Fast? | 2/23/2004 | See Source »

What does she drive?: It’s either a Honda Civic or a Jaguar.  Maybe a sedan of some sort.  Or maybe a Jaguar sedan...

Author: By John K. Ames, CRIMSON STAFF WRITER | Title: iTunes Dialogue | 2/19/2004 | See Source »

Chrysler is set to offer half a dozen models this year. The new two-seater, convertible PT Cruiser could recharge that once hot roadster. Like Ford, Chrysler is rolling out a new sedan and wagon. But Chrysler's new rear-wheel drive sets them apart. Chrysler is betting that consumers, who already drive rear-wheel pickups and SUVs, will appreciate the added responsiveness that is often missing in slip-resistant but tamer front-wheel-drive vehicles. "A rear-wheel-drive car is always more fun to drive," says J.D. Power's Jeff Brodoski. With 20% of its parts coming from...

Author: /time Magazine | Title: Detroit's Hot Pursuit | 1/12/2004 | See Source »

...cars, the elegant Five Hundred looks like a more expensive European sedan but is expected to start at about $24,000, making it another potentially big seller. The Five Hundred's exterior was designed in the U.S., but its internal structure comes from the company's safety-oriented Volvo group and offers more advanced passenger protection...

Author: /time Magazine | Title: Detroit's Hot Pursuit | 1/12/2004 | See Source »

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