Archive for the ‘Beijing-Benz’ category
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 [...]
Mercedes E-Class Wagon for China
If you haven’t already noticed, 2012 is going to be the year of the Wagon in China. Mercedes brought the compact C-Class wagon to China in early 2011, BMW showed off their 5-series wagon at the Guangzhou Auto Show with the beasts pricing was announced at 666,666rmb, Hyundai had a wagon too – the i40, [...]
Beijing built Mercedes GLK pops out for pictures with minor facelift and 2.0T
Beijing-Benz, the joint venture between Beijing Auto Industry Corp (BAIC) and Mercedes Benz have finally unveiled their locally built GLK for the Chinese market. The premium crossover market has certainly heated up in the past few months since the market leaders, Audi, introduced the Q5 meaning that Audi’s Germanic rivals have had to rush their [...]
Mercedes to invest 30 billion in Chinese market
Mercedes are gearing up to take on the Chinese market in a full on assault on the luxury market, Audi have so far been the leaders in the premium market but may expect some serious competition from Mercedes over the next 24 months. Mercedes are planning to invest 30 billion RMB into the Chinese market [...]
Chinese made Mercedes GLK to get 3.0L V6 engine
Mercedes are eager to push their brand in 2011 and 2012 to catch up with the runaway train that is Audi, of course the best way to do this is to introduce a new range of made in China vehicles that lower the prices and makes the product open to a wider range of potential [...]
Beijing manufactured GLK sighted out testing packing 1.8T
Mercedes are the big loser of the German three in China, Audi are traditionally the weakest brand but their early arrival in China secured them the biggest slice of the pie. Mercedes sold 147,670 cars in China 2010, whilst BMW sold 158,489, Audi out trumped them with sales of 220,000 vehicles. Mercedes realizes that China [...]
2011/12 Mercedes C-Class spotted out at a dealership
Mercedes are doing well in China, although they are far behind their German rivals Audi who entered China much earlier, Mercedes even chose a good partner in Beijing Auto whilst BMW came even later than its two nearest rivals and ended up signing up with small time car maker Brilliance. For 2011 Mercedes are planning [...]
Daimler facing challenges in China
From Nasdaq.com Daimler, based in Stuttgart, Germany, makes the luxurious Mercedes cars. It also manufactures Freightliner trucks and other kinds of vehicles, making it the second-largest automaker in Germany after Volkswagen. In addition to automobiles, Daimler manufactures buses and provides financial services through its Daimler Financial Services arm. Daimler markets its cars globally under the [...]
Daimler sees China as biggest market
From The China Daily: China is expected to be Daimler AG’s biggest market by 2015, and the German automaker promised to increase investment in the country by 3 billion euros ($4.2 billion), said the company head. “We expect China to be our biggest market by around 2015. And it could be earlier if the market [...]
Mercedes A-Class to launch today
Mercedes are eager to boost their small car line up which they believe is making it popular with small families and younger buyers who want to get a taste of the premium brand but without spending premium amounts of cash. The launch will be the first time that the A-Class has been officially sold in [...]
Mercedes A-Class to launch on November 19th
Mercedes are planning to launch the A Class MPV in China on November 19th according to Beijing Daimler-Benz. The A-class is expected to be launched in A160 form that will be priced from 230,000 to 250,000rmb and the A180 will be priced from 270,000rmb to 290,000rmb. For those that wish to pay the entire price [...]
Besturn B90 Sedan spotted out testing
It’s not entirely clear if FAW are planning to continue with the Besturn brand or not, but it seems that they are now planning to continue with the brand expansion and worry about branding later. Initially the Ben Tung brand was known as Besturn in English, but it later fell under the Hong Qi (Red [...]
Stretched Mercedes E-Class to launch next month
The stretched Mercedes E-Class for the Chinese market is set to hit the market next month after a successful launch in Beijing last month. The stretched E-Class is 140mm longer in the rear to give chauffeur driven Chinese a more comfortable experience, and its big aim is to take a chunk of sales away from [...]
Beijing-Benz to launch Chinese built E300L, L is for lengthened.
The partnership between Mercedes and Beijing Auto has proven to be a succesful venture so far, however Mercedes are planning to give the E-Class some Chinese characteristics in a bid to boost sales in a market where it is lagging behind its traditionally weaker competitor, Audi. Beijing-Benz will soon launch the made in China E300L, [...]
Beijing Auto going for sales of 1.5 million in 2010
Beijing Auto sold just over 121,000 vehicles in September this year, and an impressive 913,878 vehicles from January to September this year, however this is not good enough for the state owned company which was recently denied entry into Europe via an Opel buyout. Beijing Auto’s September sales surged 108 percent from the same month [...]
Mercedes: “What economic crisis?!” Merc sales up in Feb by 21%
At least one company is doing good: Mar. 24, 2009 (China Knowledge) – Daimler AG’s Mercedes-Benz Friday said its monthly vehicle sales grew 21% year on year to hit 2,800 units on the Chinese mainland in February, 3.4% higher than the average growth rate of the overall sedan segment, the China Daily reported. The auto [...]
Chrysler game over in China?
Chrysler will not be making anymore 300C sedans, or Sebrings in China from 2009 onwards, since Chrysler self ejected from its joint venture with Daimler in Beijing early last year and talks with Chery seem to have halted, Chrysler has found itself without a factory. Once current inventories in warehouses have sold out, Chrysler will [...]
Beijing Auto Works: We make badass SUVs.
Beijing Auto Works showed off a few concept SUVs at the Beijing Motor Show, leaving China Car Times quite speechless. Their range of motors seems to have been inspired by their Chrysler Jeep joint venture, although, BAW’s designs are clearly a lot better than their partners designs – Jeep Commander, anyone? B40 Concept: The B40 [...]
Mosolf Plans to Enter China in a Big Way
GEFCO’s Peter Reinshagen and Dr Jörg Mosolf, CEO of Horst Mosolf held an interesting and informative question and answer session at the 5th Automotive Logistics China Conference in Beijing Thursday afternoon. Together they outlined strategies they believe will help develop world-class practices for China-specific vehicle logistics. Dr. Mosolf explained the factors that he believes differentiate [...]
Dodge Avenger for China
Although China Car Times is clearly for Chinese cars (and the industry) we do have a soft spot for modern American cars. The latest offerings from Dodge look quiet tasty (and are cheap!) The Avenger for example looks excellent, bold lines from the 70′s straight in your face in 2008. We love it. Dodge are [...]
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