From Yahoo India
The Nano may have been driven out of Bengal before it set up shop in Gujarat but a major Chinese company ‘ First Automotive Works (FAW) ‘ is considering both states as a possible location for its first plant…Read More →
According to the SMCP, some Chinese car dealers are ready to drop their Chinese brands and move over to other ‘safe brands’, but what exactly is a safe brand in China? With mob mentality at an all time high its easy for Korean, French, German or American brands to ‘Upset the feelings of the Chinese peoples‘. French supermarket chain, Carrefour,…Read More →
JD Power’s 2012 China New Automobile Quality Study…Read More →
FAW-VW have announced the extension of the joint venture between the two companies ahead of time. The original agreement was due to expire in 2016 but as a show of confidence in the joint venture both Volkswagen and First Automobile Works hammered out a new deal at the recent FAW-Volkswagen advisory board meeting in Foshan, China.
The talks also…Read More →
Jeep became a political over the past two weeks when former presidential candidate Mitt Romney declared in a series of television adverts that Jeep was moving all of its production to China. The Obama camp were quick to respond, as was Sergio Marchionne, the Fiat-Chrysler CEO who stated time and time again that Jeep was moving to China to satisfy Chinese…Read More →
The Chinese auto market is made up entirely of individual auto makers, there are the larger state owned companies that have several of their own brands, such as SAIC that owns Roewe and MG and Maxus, and First Automobile Works that owns Xiali, Besturn and Hong Qi, but these companies are shouldering the burden of design and development entirely by themselves,…Read More →
Dongfeng Auto announced today that it has bought a 70% share in the Swedish engineering firm, T Engineering AB. T Engineering was a spin off from Saab Automobile Powertrain and focuses on developing powertrains for the automotive world.
The original agreement was signed on December 8th 2011 and will see Dongfeng buy 70% of the company in stage one…Read More →
The United States is considering action against auto parts imports from China and closely examining other concerns about automobile trade with the world’s second largest economy, a top U.S. trade official said on Friday.
“We are looking at a variety of issues in the bilateral relationship, including, I would say, in the…Read More →
Could an expected drop in fuel spur on the Chinese car industry? GM’s Kevin Wale seems to think a move in the market is just around the corner, previously Chinese media were reporting that fuel prices may fall by as much as 0.5RMB by the end of May or in early June.
General Motors Co., the world’s biggest automaker,…Read More →
‘New Energy’ is the current buzz word amongst Chinese politicians and economists, China is looking to avoid the oil trap that many Western nations, particulary the USA found itself in due to the development of automobile use and a lack of support for public transport. China thankfully has strong public transport infrastructure with all tier one cities…Read More →
Pure electric and fuel cell vehicles are poor sellers in the Chinese market, in fact only Shanghai and Shenzhen have seen any sort of EV sales over the past 12 months but the rest of China seems to be a death ground for the development of a much lauded EV market. China has been labelled as the potential savior market for electric vehicles owing to the…Read More →
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)…Read More →
“Dogging” has become one of China’s latest crazes after car ownership, even though motels catering for lovers young and old are quite prevalent in China, getting your thing…Read More →
Brazil’s new tax plan to control the rush of imported cars into South America’s biggest auto market could potentially put a damper on JAC’s plans to take on the market in a major way. New legislation from the Brazilian government sees taxes on cars imported from outside the Mercosur trade union raised to 30% which will have a serious effect on imported…Read More →
From the Inquirer.net via a Philippine media outlet:
Imitation is not only the sincerest form of flattery, it may also be one way of jumpstarting the development of a countryâ€™s fledgling automobile manufacturing industry. Examples: Cars built in Japan before World War II were often imitations of European or American models. In the…Read More →
Chinaâ€™s Ministry of Industry and Information Technology published a 2011 summer operation report of Chinaâ€™s industrial economy on September 13, saying that the excessive capacity caused by repeated investment in the heavy and chemical industries in recent years affects the industryâ€™s sustained and healthy development. Meanwhile,…Read More →
Hyundai Motor Co. is preparing to develop a new electric vehicle (EV) brand exclusively for Chinese consumers in a bid to further boost its presence in the world’s largest automobile market, company officials said Tuesday.
Beijing Hyundai Motor Co., a 50-50 joint venture between Hyundai Motor and Beijing Automotive Co. established in…Read More →
Volkswagen and First Automobile Works have set up an engine reprocessing facility in Dalian, to provide the Chinese market with a range of reconditioned engine parts. VW are aiming to provide the Chinese market, now its largest single sales market with a range of used reconditioned engine parts that will be up to 50% cheaper than new parts.
The new…Read More →
China’s Geely Automobile said on Monday its first-half net profit jumped 17 percent from a year ago, boosted by higher sales but warned that demand will slow in the next six months.
Net profit for January-June rose to 937.6 million yuan ($146 million), from 804.8 million yuan a year earlier, the auto maker said in a statement…Read More →
The VW Tiguan has become a hot commodity in the Chinese market, the compact SUV has become one of the best selling SUV’s in the Chinese market over the past few months despite the car being a relative new comer to the Chinese market. The Tiguan was initially imported into China and then built locally at the Shanghai-VW joint venture, owing to strong…Read More →
The latest data released by China Association of Automobile Manufacturers (CAAM) shows that the accumulative output and sales of Chinaâ€™s auto industry in the Jan-July period rose 2.33% and 3.22% from a year earlier respectively to 10,462,400 units and 10,601,800 units. The output and sales of passenger vehicles in the period hit 8,095,600 units…Read More →
The data released by China Association of Automobile Manufacturers (CAAM) show that the countryâ€™s July auto output and sales hit 1,306,100 units and 1,275,300 units respectively, down 6.96% and 11.19% from a month earlier, up 1.26% and 2.18% from a year earlier. The auto output and sales in Jan-July period reached 10,462,400 units and 10,601,800…Read More →
China Association of Automobile Manufacturers announced the automobile output and sales figures for July on August 10th. Chinaâ€™s auto output and sales in July hit 1,306,100 units and 1,275,300 units respectively, down 6.96% and 11.19% from a month earlier, up 1.26% and 2.18% from a year earlier. The auto output and sales in Jan-July…Read More →
China Association of Automobile Manufacturers released the countryâ€™s auto output and sales data for July on August 10th. Chinaâ€™s auto output and sales saw a month-on-month decline and a year-on-year growth in the traditional low season. The commercial vehicle sector saw bigger month-on-month decline than the passenger vehicle…Read More →
Chery Automobile is to become the second Chinese vehicle maker to build an assembly plant in Kenya, joining truck manufacturer Beiqi Foton Motors in a move to tap east African demand and further strengthening Chinese links with the continent.
“They (Chery) are discussing with the (Chinese) government so that they can get…Read More →
From the China Daily:
Its Luxgen 7 mid-sized sport utility vehicle is now offered for presale at prices ranging from 190,000 to 270,000 yuan. The model will formally hit the market in two months, the company said.
Hubei-based Dongfeng Motor Corp and Taiwan’s largest carmaker Yulon Motor Co formed the partnership in Hangzhou, Zhejiang…Read More →
According to a Reuters report, Toyota are considering producing the Etios mini car for the Chinese market, the Etios of course being a developing market car. Now China already has the Vios which is also a developing market car, so could the Etios be placed under the Vios and be part of a seperate brand? Highly likely.
Toyota Motor Corp…Read More →
Affected by the market slowdown in H1, the domestic sales of Chinaâ€™s homegrown auto brands also decreased.
According to the statistics from China Association of Automobile Manufacturers, the sales of homegrown passenger vehicle brands in H1 declined 0.8% from a year earlier, and their market shares decreased nearly 3% from a year earlier….Read More →
From China Daily:
Nissan Motor Co’s joint venture with Dongfeng Motor (Group) Co, the largest Sino-foreign auto partnership, on Monday announced in Beijing that it plans to invest billions of US dollars and double its annual sales over the next five years.
The 50-50 joint venture, Dongfeng Motor Co Ltd, said it will invest 50 billion…Read More →
The good news is that under a quarter of China’s population have access to a privately owned motor vehicle, the bad news is that nobody really knows how many the government actually owns itself, with the government fleet being a mixture of civil use fleet and also military plated vehicles that seem to come in all shapes and sizes.
From the China…Read More →
Changchun is the home to First Automobile Works that has partnerships with Mazda, Toyota, Audi and VW, the problem is that although Changchun has become a major automotive production hub it just can’t attract the talent. Now the problem is not that FAW and its partners are paying low money (in fact, I hear they pay well above average) it’s just that…Read More →
Dong Yang, the vice chairman and secretary general of China Association of Automobile Manufacturers (CAAM), said at an industry information release that CAAM has revised the growth forecast from 10-15% down to 5%, which will be a good chance for the auto market to regain ration.
He also said he hopes the automakers to learn how to develop under a…Read More →
Most of Chinaâ€™s stock market listed automakers saw June output and sales declining from a year earlier. Some automakers kept growing, but the growth fell sharply from the same period of last year.
Affected by the expiration of incentive policies, monetary tightening, and industry adjustment, Chinaâ€™s auto output and sales started to…Read More →