Archive for the ‘Chinese Car News’ category
Rolls Royce sells out of Dragon Special Edition models
From Bloomberg: Bayerische Motoren Werke AG (BMW)’s Rolls- Royce sold out a $1.2 million Year of the Dragon Phantom model introduced to lure buyers in its biggest market of China, where the company predicts growth will be less “explosive” in 2012. Chinese customers want highly bespoke cars with features such as drink cabinets and embroidery, [...]
Watch Ford’s Nigel Harris teach you how to sell Ford’s to the Chinese
With car sales of other 18 million cars per year in China, selling Fords to Chinese doesn’t seem like a difficult task on the surface, but once you start to see the competition which is compromised of some 50 plus local brands and 30+ foreign brands, you get an idea of the task at hand. [...]
New BYD Mid-Size Sedan Spyshots, Looks Sharp
The year 2012 promises to be a challenging year for all of China’s automakers, BYD is no exception. That said, BYD has at least two new vehicles due out in 2012 which look quite promising. The first, believed to be known at the F5, was revealed on CCT a few weeks ago. Now BYD is teasing a [...]
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 [...]
Next Generation Roewe 750 Seen Again (and again, and again…)
The next generation 750 is still firmly under its camo wrap but the final shape and style of the vehicle is finally starting to take place. The 750 is reportedly riding on the same Epsilon II platform which came from Shanghai Auto’s joint venture partner, GM. This same platform underpins the majority of GM’s best [...]
Swedish Government Delegation in China Visiting Youngman
Although Saab is officially out of business, a Swedish delegation is reportedly in China visiting Youngman according to reports from both of the Swedish Daily and also China Daily, the Swedish government is obviously eager to sell off any outstanding parts of the Saab automobile company and Youngman is still appears to be in the [...]
China Auto Market Crawls at Slow Pace in 2011
The Chinese auto market saw its slowest period of growth since 1999 according to figures released yesterday, the Chinese market grew by just 2.45% over the course of 2011. Elsewhere in the world, the US market showed itself as the continued bedrock of the world auto industry with 2011′s sales rising by 10% and an [...]
Morgan Motors Cars Calls Beijing Home
The Chinese auto industry only produces big figures which has enticed nearly every major car company the world, but the market isn’t only limited to the largest, the small players are also heading to China. The British car company Morgan Motor Company Limited has appointed its first dealer in Beijing, the new dealership will be [...]
Chinese Company Buys Ferrati – the Italian Boat Maker
Chinese M&A’s of foreign OEM car manufacturers may not be happening as fast as everyone predicted, but it seems that the boating and yachting industry is undergoing its own round of buyouts: From the NYT: The machinery maker Shandong Heavy Industry Group sealed a deal Tuesday to take a 75 percent stake in the debt-laden [...]
Dongfeng-Honda to enter MPV arena with Elysion
Dongfeng-Honda are to enter the business use MPV arena with the Elysion MPV according to Chinese media reports, the Elysion already had its first airing at the Guangzhou Auto Show earlier late last year and will be hitting the production lines in June 2012 according to media reports. The Elysion will be entering an already [...]
First Chevrolet Volt Handed Over in China
The first Volt’s were shipped to China several weeks ago, the first one was handed over today. Except nobody bought it. GM handed over one car to the Electric Car Testing Center in Jiading district of Shanghai earlier today, the center has several electric and new energy cars where consumers can try before they buy, [...]
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 [...]
JD Power: Chinese Brands Narrow Gap In Quality; BYD F0 and Pentium B70 Grab Top Spots
JD Power recently released its vehicle reliability study for 2011. The study indicates that, from 2010, Chinese brands made huge strides in quality…narrowing the gap with foreign brands. Overall, Chinese brands narrowed the gap by a whopping 34% compared to their foreign rivals over the past year. The vehicle reliability study measures eight categories of issues [...]
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, [...]
China’s New Ruling on Foreign Investment Will Not Hurt Current Joint Venture
Via Xinhua: China’s recent move to take finished automobiles off of a list of industries where foreign investment is encouraged will not affect the operations of existing Sino-foreign joint ventures in China’s auto sector, an official with the country’s top economic planner said. The National Development and Reform Commission (NDRC) and the Ministry of Commerce [...]
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 [...]
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