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2011 China Auto Sales in Revew
When the Chinese auto market got its wheels spinning in early 1995 the market was spit down the middle quite evenly, you had a fairly constant 60-40 split of commercial vehicles and passenger car vehicles, in the early days it was companies buying trucks and government departments buying cars, later on as incomes improved regular [...]
Beijing Gas Stations adding electric charging facilities
The Beijing Municipal Government put the brakes on the local car market in 2011 by only allowing 20,000 cars to be added to the roads each month, effectively they killed the local car market but where one animal dies another takes its place, at the same time Beijing Govt also announced that hybrid vehicles and [...]
Audi to launch more RS vehicles in China
Audi A1 was officially launched in Beijing on October 9. Zhang Xiaojun, deputy managing director of FAW-Volkswagen’s Audi sales division, accepted an interview before the model’s launching ceremony. Zhang Xiaojun revealed that besides Audi A1 1.4TSI, Audi will introduce more A1 products of other displacements, including a 1.2TSI model and a highly-tuned 1.4TSI model. However, [...]
Guangzhou releases plans to improve traffic conditions in downtown area
The news office of Guangzhou municipal government released Guangzhou City’s Measures to Improve Traffic Conditions in Downtown Area on August 1st. The traffic control plan is aimed to increase the proportion of public transportation to overall motorized transportation to 65%, and ensure the vehicle speed on main roads in downtown area to be no less [...]
Beijing may issue a blacklist of license lottery winners
The quotas of the first group of license lottery winners came to their deadline on July 26. It is estimated that about 1,000 lottery winner are unused and have not yet purchased vehicles. The authorities are studying to add the unused ones to the August quotas and a blacklist of those license lottery winners who [...]
Greatwall signs deal with major French car parts maker, to expand original partnership
China’s Great Wall Motors has signed a strategic deal with the French auto parts giant Valeo to develop a range of parts including alternators, clutch systems, power assisted steering and will also work together to develop a range of new technologies. The two companies started working together in 2005 on a basic project to assign [...]
Chrysler’s partnership with Soueast Motors may hinder its expansion in China
As Fiat is going to become Chrysler’s controlling shareholder and GAC-Fiat will start local production soon, Chrysler’s local production plan is also put on the agenda. A source with Chrysler China revealed that Chrysler will surely start local production, and it will make products with GAC-Fiat’s platform. But as Chrysler’s partnership with Soueast Motors has [...]
Chinese Car prices falling ever so slightly
The prices of locally-made vehicles in June stayed at the same level as the previous month, but declined 1.18% from a year earlier, shows the data from the price monitoring center of China’s National Development Reform Commission. In June, the prices of locally-made passenger vehicles reduced 1.41% from a year earlier, while the prices of [...]
GM to invest 7 billion RMB in expanding capacity at Shenyang Factory
GM’s Bei Sheng plant in Shenyang City, Liaoning Province, is about to gain from a 7 billion RMB upgrade over the next few years. The factory expansion will take GM’s production capacity to a new high in China. GM’s plans for the factory expansion have already been approved by the Ministry of Environment and will [...]
China’s auto market expects positive June growth as Japanese automakers recover
The Chinese market benefited from the recovery of Japanese automakers’ production in the Chinese market in June which was largely accredited with being behind the growth in the market. Major foreign automakers such as GM, Hyundai, Nissan and PSA all achieved positive growth in June. Rao Da, secretary general of China Passenger Car Association, told [...]
Beijing may issue automobile consumption incentive policy soon
The spreading rumors about Beijing’s cancelation of the auto consumption restrictive policy recently are not groundless as previously reported. A source revealed that a small industry symposia, arranged by China’s cabinet the State Council and present with the officials from the Ministry of Industry and Information Technology, National Development and Reform Commission and China Association [...]
Analysis into market performance of Chinese homegrown automakers
The accumulative sales of Chinese own-branded passenger vehicles in Jan-May period totaled 1,629,000 units, up 6.6% from a year earlier, compared to the 11.5% growth of JV-branded passenger vehicles and the 9.1% growth of the passenger vehicle market, accounting for 32.6% of the total passenger vehicle sales in the period. It seems the Chinese homegrown [...]
Honda China lowers its full-year sales target to 650,000 units
Affected by the March 11 earthquake in Japan, Honda China lowers its full-year sales target from 730,000 units to 650,000 units, almost the same level as its 2010 sales. Honda China’s spokesperson Zhu Linjie said that the earthquake affected its production plan, and Honda will make up the losses by increasing capacity in the second [...]
Volkswagen’s Foshan and Yizheng plants gain approval from Chinese gov’t
Volkswagen’s Foshan and Yizheng plants gained approval from Chinese government when the Chinese and German leaders met in Berlin on June 28. Volkswagen Group’s chairman Martin Winterkorn, SAIC Group’s chairman Hu Maoyuan, and FAW Group’s chairman Xu Jianyi signed a joint statement on the same day on investment in the two plants. FAW-Volkswagen’s Foshan plant [...]
BAIC Group plans spin-off listing in 2012
Guo Xinmin, a board director of BAIC Group, revealed the group’s separate listing plan to Chinese media yesterday. The group has four joint-stock companies, Beiqi Foton Motor, BAIC Motor, Beijing Hainachuan Automotive Parts, and Beijing Penglong Auto Trade Service. So far only Beiqi Foton has been listed, and the other three companies will make separate [...]
Shanghai Volkswagen to intensify its offerings in the next few years
Shanghai Volkswagen plans to launch more than 10 new or revamped VW branded and Skoda branded cars and SUVs during 2013 to 2015. Meanwhile, Volkswagen’s MQB platform will be introduced into China which is the reason for Shanghai Volkswagen’s intensive launch of new models in the next few years. The capacity of the company’s Yizheng [...]
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