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 Chinese media reports both Foton and Great Wall Motors are planning to enter the Indian market in the near future. Foton has reportedly acquired a patch of land on which to develop a production facility for commercial vehicles due to the large demand for efficient CV’s in the Indian market.
Great Wall Motors are also reportedly planning…Read More →
The BYD Su Rui Sedan seems to be BYD’s game changing vehicle, the Su Rui was unveiled at the Beijing Auto Show in April this year and launched shortly afterwards with pricing starting at 80,000RMB and topping out at around 120,000RMB. The Su Rui has now become known as the BYD G5 for overseas markets and will soon be exported out of China. In the meantime,…Read More →
After buying Volvo, Geely have their sights set on another company: Aston Martin. According to reports originating from auto.sohu.com, Geely have already been deep in talks with Aston Martin regarding a potential buyout of the company.
Aston Martin was sold to Ford in 1987 and was then sold onto a Kuwaiti company, Investment Dar Inc, for 925 million…Read More →
Beijing Auto’s B40 SUV has been spotted out many times, it was initially expected to launch towards the end of 2011 but was effectively delayed until the the launch of the company’s own Shen Bao brand late last month at the Guangzhou Auto Show. Shen Bao will be housing an entirely new range of vehicles all of which are thought to be launching within…Read More →
Luxury car maker Fisker are pushing back their plans for a China launch until 2013 according to Reuters reporter Nichola Groom who managed to corner Fisker’s Roger Ormisher on the floor of the LA Auto Show which opened this week.
Fisker said earlier it would launch in China by the end of this year. But the company encountered a slight delay…Read More →
JD Power’s 2012 China New Automobile Quality Study…Read More →
Reuters automotive reports Fang Yan and Kazunori Takada have dished out the dirt on Chery and their loss making ways. The two reporters discovered that Chery is essentially being kept…Read More →
For the majority of this year the top selling brands have been VW, followed by Nissan. In the wake of the Anti-Japan protests in China, Nissan has dropped from the top spot like a lead balloon.
American MG fans maybe waiting just a little longer for MG making it Stateside. Although certain rumors of MG setting up production in the US were circulating in the early days of 2005-2007, nothing ever came of it, now MG has a wide range but still those cars wont be seeing any North American roads in the near future. SAIC has however opened an office…Read More →
Mercedes are struggling to move their models in China, as mentioned previously on China Car Times, Daimler saw a decrease of 7.48% on its C and E-Class sales in the first seven months of the year. Sales were expected to…Read More →
Western companies moving into China usually did so through equity joint ventures, which were the predominant entry mode at least until Chinaâ€™s entry into the WTO in 2001 (Kasperk et al. 2011). This entry mode also facilitates the development of personal relationships or ‘guanxi‘ which is of great importance in conducting business in…Read More →
Late last week the UK taxi companyÂ Manganese Bronze announced that it was going to enter into bankruptcy protection and this week it would end 156 jobs at the UK plant. The company is partly owned by Geely who have a roughly 20% stake in the company and a joint venture in Shanghai, according…Read More →
FAW-VW’s GLI has been spied plenty of times in China, but is it any nearer production? The Chinese media seem to think it is on the verge of rolling down the Jetta production line complete with indpendent rear suspension and of course the much required 2.0T engine that is shared with the Golf GTI, which FAW-VW also make.
Over the past few days a number of rumors have appeared regarding VW in China, the rumors are basically:Shanghai VW are planning a new factory in Changsha, FAW-VW are planning a factory in Inner Mongolia.
As before with the Shanghai-VW investment in Xinjiang we broke the story first, it seemed an odd investment for a Shanghai based auto company to…Read More →
This piece was written by long term China Car Times commentator August Schwartz who has been following the Chinese auto industry closely and from affair for the past decade.
The last week or so I have had a burning desire to do something I have not done in a very long time. It has been nearly five years since I wrote my last piece on Lifan,…Read More →
Although Lifan are not a strong name in the Chinese market, they have grown at a rapid rate in the global market, particularly in developing markets such as Russia.
At a press conference earlier today it was announced that Lifan exported 53,000 vehicles this year and expects to export 75,000 by the end of the year, this figure is going to be expanded…Read More →
Dongfeng-Nissan denied today that the company are contemplating lowering their 2012 sales goal for the Chinese market.
In August this year the company sold 65088 vehicles, but in September the company sold just 46,000 vehicles in what historically is a strong month for the company, month to month sales dropped 29.23%. Dongfeng-Nissan’s sales goal…Read More →
This article was originally posted to the Chinese auto portal Auto.163.com late last week, I put it into my bookmarks with the aim of translating it over the weekend, it didn’t happen of course but life did and I finally had a chance to translate it over lunch on Tuesday. Except the original article had been deleted from the Auto 163 site. Perhaps it…Read More →
FAW’s Besturn brand suddenly burst into life with the creation of the Besturn B50 in 2008, before that they created the B70 and recently the B80 midsize sedan, all of which use the Mazda 6 platform. FAW are hoping that Besturn can become a major player in the Chinese auto industry, but the brands late arrival when compared to Roewe and MG, has left…Read More →
Whilst other manufacturers such as Geely and Chery have been on the warpath with a multitude of models, JAC seems to have got the recipie right from the get go, they did not start making cheap vehicles, they started making good vehicles which have slowly morphed into good vehicles. The aesthetic demands from Chinese consumers is greater than ever, whilst…Read More →
Nissan seems to be putting the China-Japan spat behind them with sales improving daily, at least according to Reuters:
Sales by Japan’s Nissan Motor Co (7201.T) in China are improving day by day, Executive Vice President Hiroto Saikawa told reporters on Monday.
Saikawa said he hoped to see sales return to a normal pace in about two…Read More →
Qoros are still on with their plans to become a major player in the auto industry, the Israeli-Chinese JV are still on track with their plans to launch their first model in March next year. The company has set up its HQ in downtown Shanghai and also has a joint production facility in Changshu, 100km from Shanghai, in partnership with Chery.
The…Read More →
The ASX has very quietly been produced in Changsha earlier this week, the compact SUV is the first product from the joint venture between Guangzhou Auto and Mitsubishi and came after Guangzhou took over Changsha Auto who originally had the JV with Mitsubishi.
The ASX comes with a 1.6L and a 2.0L engine with both 5 speed manual and CVT gearboxes…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 recent worldwide Toyota recall has finally landed in China, the recall which has quickly been dubbed ‘Toyotal Recall’, will effect 1.4 million cars in China alone, globally it will see more than 7 million cars returned to Toyota dealers for repair with 2.4 million US cars and more than 1 million EU cars being recalled.
In China affected…Read More →
According to Chinese media reports Mercedes China will have a new boss come December, London born Nicholas Speeks will be taking over the top China job and has plenty of experience in running an Asian market after a number of years as the top man in Japan for Mercedes.
Mercedes Benz is apparently going through a period of adjustment at the top of…Read More →
Daihatsu is one of those car manufacturers that made massive early gains in the Chinese market only to proverbially piss it all into the wind just as the market began to really open. The Japanese company played upon early warm relations between Japan and China when Japan was all about investing its new found wealth into its former colony, Daihatsu hit…Read More →
Jaguar Land Rover have big plans for China thanks to their new JV with Chery, the Indian owned British company has had a fantastic record in the past four years of making cars that consumers actually want rather than making cars that it thinks the consumer wants, we only have to look at the success of the Jaguar XF, XJ and Range Rover Evoque in the…Read More →
Prior to World War Two as Westerners know it, Imperial Japan was busy taking hold of land in Asia, Modern Day Okinawa, Korea, Taiwan and the surrounding islands to Taiwan. Fast Forward to 1945, Japan had surrendered to the US and its allies, and countries were waking up from 50 years of Japanese colonization. All land was returned, except for a group…Read More →
The US market Ford Fusion has already been aired in the states, the Chinese version has not yet been officially aired but we have seen it plenty of times out testing and we do enjoy its thinking mans Aston Martin looks, we’re quite sure it will shake up the market when it does arrive in the PRC in early 2013. The Ford Fiesta is likely to be…Read More →
Geelyâ€™s sales hit a new high in the opening year of 2012, Geely announced that sales reached 38,477 units making it the best selling Chinese brand in January 2012.
Geelyâ€™s 2011 total sales were 432,800 units , which was a rise of just 4% over 2010â€™s figures, Geelyâ€™s exports in the same year grew by 76% but still remain…Read More →
Great Wall Motors (GWM) are a company that are heading places, their small car line up is on the verge of overtaking their traditional SUV line up as the main sales force for the company and their export sales are on fire, is there anything that could potentially slow the company down? We don’t seem to see anything on the horizon that could do so. Their…Read More →
Changâ€™an posted its first-half fiscal report on August 29th, which shows that its business revenue in the first half decreased 12.75% from 16.627 billion yuan in the same period of last year to 14.537 billion yuan. Its net profits attributable to the shareholders of the listed company reduced 23.89% from 1.366 billion yuan in the same…Read More →
Good luck Infiniti, you are going to need it:
Nissan Motor Co. plans to quadruple Infinitiâ€™s share of the Chinese luxury-auto market within five years as it rushes to make up a â€œridiculousâ€ amount of time lost to Volkswagen AGâ€™s Audi and Toyota Motor Corp. (7203)â€™s Lexus.
Chief Executive…Read More →
When we first heard of Geely’s plans for a multi brand line up we have to admit we were incredibly skeptical, how could a small privately owned company pull off a multi-brand strategy when their core brand was seen as a low cost economy brand? Well of course the big problem was that its core brand was seen as a low cost brand, its hard to make high…Read More →
After losing their grip on the opportunity of working with Saab, Hawtai have lost no ground in chasing new partners, Hawtai are reportedly working with the Malaysian auto company Proton.
According to inside sources the two companies maybe pairing up to take on the Indonesian market and have had multiple high level meetings at Hawtaiâ€™s new…Read More →
Hertz Rental has added the BYD E6 to its fleet marking the first time that the global car rental company has added a New Energy Vehicle (NEV) to its fleet of cars in China. The E6 will initially be available in the Shenzhen area, close to BYD’s HQ, but is expected to role out across China at a later point.
Hertz has focused its rental NEV policy…Read More →
Xiali is China’s Skoda, that’s Skoda before VAG group took it under its own group wings. Xia Li’s have so far been Daihatsu and Toyota based cars and generally trade off a good home market in Tianjin and the fact that they make some of the cheapest cars in the market. As the Chinese government is about to lay down its next five year plan, Xia Li has…Read More →
Although Saab is at a critical point between life and death, Youngman is still optimistic about its future and has put forward a 2012+ product plan for the ailing Swedish company.
Huang Zhiqiang, vice president of Zhejiang Youngman Passenger Car Group, said that the first thing Youngman will do after completing the Saab acquisition is to expand Saabâ€™s…Read More →
Although China has a massive automotive production capacity that makes everything from the compounds that make up tires to the little bolts that hold mud flaps to your car, it has so far failed to produce a unique Tier One automotive supplier that is able to rival the likes of Bosch, Delphi or TRW. Enter BWI or Beijing West Industries, the Beijing based…Read More →
General Motors Co (GM.N) expects to conclude a deal to bring the automaker’s stake in its China joint venture back to 50 percent, Chief Executive Daniel Akerson said on Thursday.GM has told its China partner, SAIC, that it wants to buy back the 1 percent stake in Shanghai GM that it sold to the Chinese automaker in 2010 for…Read More →
Hawtai’s B21 sports sedan came to the Shanghai Auto Show in sports form and caused a few heads to be turned when the model was unveiled, it was widely thought that the model was a concept only to gain press headlines, but it looks like Hawtai are putting the car into production ASAP:
Pictures of the car have been…Read More →
Chinese manufacturers are seeing major growth in the Brazilian car market after their recent entry into the South American country, Chery were the first Chinese car company to make a landing in Brazil but JAC have aggressively followed suit and have grand plans for the market.
Earlier this week JAC’s Vice President was in Sao Paulo where he announced…Read More →
BMW (BMWG.DE) tore through market expectations for second-quarter profits as more wealthy Chinese drove away with its revamped 5 Series saloon car.
The company reported an 83 percent jump in quarterly operating profit at its luxury car business, underpinned by surging sales of the 5 series and a 4.8 percentage point widening…Read More →
Today is the birthday of The People’s Liberation Army, the military force was founded on August 1st 1927 and its on the PLA’s birthday that Chery decided to launched the new Riich G6. The Riich G6 will be aimed squarely at business users and government fleet procurements, hence the August 1st launch. The G6 comes…Read More →
From Market Watch:
Great Wall Motor Co. (2333.HK) plans to sell up to 304 million A shares ahead of a listing in mainland China, the Chinese car maker said Friday, which would enable it to boost production capacity to meet the country’s growing domestic demand for automobiles.
The Hong Kong-listed company said in a statement that…Read More →