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Chrysler's deal with Chery on hold

Happy (Chery) Eastar!


Click above for Chery Eastar convertible gallery

In case you were jonesing for a dose of weirdness from the Chinese auto industry today, Chery has complied. Behold the Chery Eastar convertible. China Car Times' headline asks, "The thinking man's Bentley?" Perhaps, if said man is doing his thinking after hitting the all-you-can-eat peyote buffet. Note the deftly-removed B-pillar and beautifully integrated extension between the front and rear doors, complete with a gap in the weatherstripping along the sills. Listen, we have no idea if this is some one-off novelty or something that's actually being considered. What we do know is that a Saabish-bodied 4-door luxo-vert with a Lexus-y nose and Mitsubishi Mirage rear end is exactly the kind of thing that makes following the Chinese auto industry so entertaining.

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Malcolm Bricklin filing a multi-billion RICO lawsuit against Chery Motors

Back in 2004 serial automotive entrepreneur Malcolm Bricklin announced plans to collaborate with "rogue" Chinese automaker Chery Motors to bring new cars to the US market. Chery is referred to as "rogue" because the company never actually got permission from the Chinese government to get into the car business. Needless to say, the deal eventually fell apart when Chery decided to hook up first with Israel Corp and Quantum LLC for a different joint venture which has also yet to come to fruition.

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Volvo's suitor of the week: China's Chery

Following up on our report last month about Volvo possibly going to the Chinese, state media is now reporting that Chery Automobile, one of the largest independent and fastest growing Chinese auto manufacturers, has its eyes on the Swedish automaker. Although officials at Chery rule out the possibility of buying Volvo, other sources have stated that the Chinese automaker has already negotiated funding for a possible acquisition. If so, that funding will be significant-insiders put Volvo's value at 30 billion yuan (about $4.4 billion dollars). This isn't the first time that Ford has been rumored to be cashing-out on Volvo...

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Pininfarina tapped to style 3 concepts debuting in Beijing

Pininfarina is making its voice heard designs seen in China, with 30-percent of the company's business now being done with the Asian nation. At this month's Beijing Motor Show, two Chinese automakers will reveal three models designed and, in some cases, engineered by the Italian firm. What's more, all of the cars are meant to be sold in the European market, as well.

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Chery enters joint venture with Israel Corp.

Israel develops and produces a lot of things, from microchips to cosmetics.

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