The facelift Chery Tiggo3 is set to wow the Chengdu Auto Show with its fresh new face, the first since its conception in 2006. The Tiggo has been one of the best selling Chinese self developed SUV’s since its launch and has continually risen to the top 5 best selling SUV’s month after month. Currently it seems that Chery is selling two distinct models in China, one is the current model as we all know it, and a second is the ‘DR Edition’ (not DR as in Doctor, though). The …
Over the past few years Toyota China have been very slow to react to local market conditions and have continued to produce large sedans and SUV’s, whilst the market moved towards small displacement cars that Toyota only produce several models of. The Toyota Passo is reportedly heading into China, as is the Toyota Matrix from Toyota’s North American line up but the big thing could be the Scion range. Drawings of a Scion Xb have been submitted to the Central Government, which as always leaked to the internet, and spared …
The Audi A1 has only just gone on the market in Europe following its Geneva launch in early 2010, but it appears that Audi are moving fast to get it on the market in China also.
The premium super mini segment has so far been controlled by MINI, but with Audi and BMW both having designs on the segment it appears that it might be hotting up faster than we think. The BMW 1-Series is expected to go into production via the BMW-Brilliance joint venture in Shanghai, alongside the BMW X1 …
Bloomberg reports in detail:
BYD Co., the Chinese automaker backed by Warren Buffett, fell as much as 3.9 percent in Hong Kong trading today, the lowest level in almost a year, after second-quarter profit was below analysts’ expectations.
BYD posted a second-quarter profit of 717 million yuan ($106 million), less than the 962 million-yuan average estimate of four analysts surveyed by Bloomberg. It’s the first time BYD, whose F3 car was the best-selling model in China in the first half, reported second-quarter results, and no year-earlier comparison was available.
The carmaker, 10 percent …
Xinhua is today reporting that corn based ethanol fuel won’t be used in the future due to China’s growing demand for the yellow vegetable:
China launched a pilot program in four regions in 2004 to promote its corn-to-ethanol projects, as part of its efforts to cut emissions and advance the development of new energy.
China has a growing appetite for energy to power its economic development and improve people’s lives. As more and more Chinese people purchased cars, the demand for fuel soared.
Zhang Yafei, an analyst with Cinda …