Author Archive
Year-end bonus: Jealousy, Envy and Hate
With the end of the Chinese work year approaching, the year-end bonus is undoubtedly a great concern in all industries. Recently, a rumor circulating on the internet stated that FAW-Volkswagen will issue 27 months of salary as bonus, causing much tittle-tattle within various circles A reporter at FAW-Volkswagen confirmed the news this morning that it [...]
10 ministries gathering to discuss New Standards for School Buses
January 5, 2012, led by the National Development and Reform Commission, 10 ministries including Ministry of Industry and Information Technology and other 10 major domestic passenger car manufacturers gathered in Beijing to discuss the new standard for school buses and made suggestion. “The new standard for school buses” has caused widespread controversy. A number of [...]
Bosses under greatest pressure
A car company’s performance is determined by the product. Let me put it simple, if a car company did not launch competitive new models for years, the sales cannot be promoted. However, that is what is happening for national brands in 2012. Now let’s see who the bosses under greatest pressure are. Tian Qingjiu Deputy General Manager of FAW Mazda Motor [...]
Ford EcoSport going into production in China
News from Netease Auto, editing by Pierce Geng Due to the fast development of Chinese car market, the appetite of Chinese buyer changes rapidly. Mini SUVs and compact cars are back. This time, they are not the synonym of “cheap and cheerful”. They are small and fine. Ford EcoSport is a SUV sharing the platform [...]
Own-brand: the key of BAIC’s IPO game
What’s the best way to begin producing cars? First you get the nessercary licences from the Central Government, and then you begin R&D and then production, for BAIC, it was all backwards. First they gained the technology, then they did the R&D and only recently did they receive a license to produce its own cars, [...]
JLR, the way to success China
A 100% independent local brand, and an international luxury brand, two companies that couldn’t be any more difficult to match up according to traditional Chinese and also Western viewpoints. Luckily, brand is not everything. In terms of Jaguar Land Rover (refer to as JLR), engine development has become the development bottleneck. To grab a share from the [...]
BBAC: bank talks
According to the report from Reuters, 29th of December, Beijing Benz’s finance case, led by China CITIC Bank Co., Ltd. is back to negotiation, loan dropping from 2.8 billion Yuan to 2.6 billion Yuan, Thomson Reuters quoted the information resource from banks,. One source said that the case contains 300 million Yuan of one-year revolving credit [...]
1 million vehicle a year to build FAW-Volkswagen Empire
FAW-Volkswagen held a 1 million vehicles ceremony in the 2nd assembly plant in Changchun. Mr. An Tiecheng, the director of BoD as well as general manager of FAW – Volkswagen, said in his speech, from the early days with a single product Jetta to the current product line of two brands Audi and Volkswagen with [...]
Made in China Merc to sell overseas
Beijing Benz, a Sino-German joint venture held a ceremony late yesterday to announce the first exports of the long wheelbase E-Class sedan. In recent years, Beijing Benz has grown rapidly in the Chinese market. In the first 11 months in 2011, its sales volume increased 52% year-on-year achieving a rapid growth which is among the [...]
National brands: the horn to win back
Recently in a Chery high-end brand Riich G3 release conference, Yin Tongyue, the chairman of Chery said, “China will re-define National Brand, which refers to a brand with completely independent intellectual property.” aka Sub Brands. This statement directly targeted to the joint venture brands, and Yin’s words marked a signal of National Brands’ counterattack. According [...]
Guangzhou Fiat: performance price ration win the market
With China’s auto market cooling down, the domestically produced cars are under greater pressure. How does the joint venture between Fiat and Guangzhou Automobile (Hereinafter refer to as Guangzhou Fiat) respond to the competition, a reporter from the Shanghai Securities interviewed Jiang Ping, the vice president of Guangzhou Fiat. Reporters: Guangzhou Fiat will launch its [...]
A sales boost in Beijing, depsite decreased license plates
A December 14th report from NetEase Finance said that despite the adverse effect of Lottery Number of Purchasing Vehicles policy, Beijing’s new car sales in November fell greatly on year-on-year comparison, but still hit a new high compared to last month. Reporters were informed from Beijing Beichen Asian Games Village Automobile Exchange Market that the [...]
For all students, all for students, for students all
“For all students, all for students, for students all.” Beijing Times reported on December 12. “A fundamental solution to the problem is to bring the school bus safety issue into the legal system, so as to attract people’s attention.” Premier Wen Jiabao said on the fifth national Conference on Women and Children, November 27th, “I [...]
Domestic passenger cars to face a long cold winter
According to the statistics released by National Passenger Car Information Exchange Association in November, Rao Da, the General Secretary， said production and sales of passenger cars in November both show a negative growth, the domestic passenger car brands’ share fell 2%, if removed the export incremental amount, the domestic market sales experienced a negative growth [...]
JLR: no time to hesitate
When Jaguar Land Rover and Chery joint venture submitted an application to the National Development and Reform Commision earlier this year, informed sources were able to reveal to reporters that Chery and JLR are going to build a luxury car based on the Jaguar platform and possibly put the Chery, or the Jaguar logo on [...]
Pang Da Group to watch Saab go – or not
Pangda’s problem: ‘The bride to be married, the groom is not me.‘ According to the report of December 4th of Reuters, Saab Automobile will be jointly held by a Chinese bank (not Bank of China) and Youngman Automobile, with holding shares less than 50%. Saab’s new ownership structure is that the Swedish car company SWAN [...]
GM overwhelm Pang Da and Youth to cut down equity ratio
Stuck in an impasse, the takeover of Saab by Pangda and Youngman lotus might usher in a new turn. Recently, a source close to Pang Da Group was quoted by the First Financial Daily, regarding the acquisition of Saab, Saab Automobile restructuring officer Guy Lofalk went to Detroit for a face to face talk with [...]
Qoros: Say no to Chery, Say Hi to Volkswagen and Toyota
Aiming to be an “International Brand”, Qoros, a joint-venture established by Chery and an Israeli group with half-half ownership ratio, held its unveiling ceremony in Shanghai earlier this week. After the failed alliance between Subaru, and an unclear joint venture with Jaguar Range rover, Qoros, may be a incentive to thrust Cherry into the premium [...]
China: 80 Billion RMB to be spent on imported luxury cars
After two years of rapid growth and expansion, the Chinese car market is calming down. According to the statistics released by National Passenger Car Information Exchange Associationin 7th November, the sales volume of Chinese car is 1,216,500, which is a decrease of 7.6% on a month-on-month basis, and increased 1% compared with the same period [...]
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