Volkswagen announced today that is expecting to expand its own dealership to 3000 dealers in the next 3 years, by 2015 the VAG group aims to expand its line up of Audi, VW and Skoda dealerships by over 50%. Currently VAG Group has 1,120 VW dealerships, 230 Audi dealerships and 240 Skoda dealers covering 30 Chinese provinces, territories and autonomous…Read More →
Volkswagen’s plan to capture the Southern Chinese market where Japanese brands rule the roost took a step forward earlier today when the first Audi Q3 came off the Foshan production lines.
The Audi Q3 is currently imported into China from Europe and is nearly on par with the Audi Q5 in terms of pricing thanks to import taxes which boost…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 →
China loves the Santana. The car was first introduced in 1984 and claims the title as the first passenger car made in China, of course the Jeep Cherokee made it a few months earlier but claimed the crown as the first foreign vehicle made in China. The partnership between Shanghai Auto and Volkswagen bloomed from a tiny few hundred units per year into…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 →
Two generations of Ford Focus’ are on the market today in China, the newer Focus is aimed at those that want the latest toys and design, the older one has been named the Classic Focus and is aimed at those that want solid reliability for a model that’s been on the market for the past 5 years or so.
The Classic came with a 4speed autobox or a 5 speed…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 Ford Focus is already a hot product for the Chinese market, but perhaps the forth coming ST model will be just as hot. The ST won’t be made in China according to media reports circulating earlier today, but the model will be imported into China. Of course the media haven’t yet revealed where the country of origin will be, the Focus is currently…Read More →
Youngman and Spyker, once famed for their attempted take over of Saab, have returned to the negotiating table and announced the formation of a new joint venture. In 2011 Youngman received the rights to the Phoenix platform as part of its aborted take over of Saab, the new platform was apparently developed independently of GM and as such Youngman were…Read More →
Yesterday afternoon we had a mild server crash, not unusual considering we’re gaining more and more traffic these days that has left us looking at better server solutions. During yesterdays server crash we lost a part of the database, specifically the comments part. The comments section accounted for some 150,000 comments (and a lot more spam, circa…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 →
Chinaâ€™s passenger-car sales rose at the slowest pace in six months, as monetary tightening and the removal of government incentives dented demand at Chery Automobile Co. and Honda Motor Co. (7267)
Wholesale deliveries, including sport-utility vehicles and minivans, gained 0.3 percent to 1.34 million units last…Read More →
It seems that Saab is now a Chinese company along with Volvo. Pangda and Youngman have taken over Saab in its entirety and it will become part of the Pangda-Youngman empire. The two companies are set to spend 100 million Euro on the company, which of course has to receive approval from the National Development and Reform Council (NDRC) before any more…Read More →
BYD are now officially in the USA with yesterdays opening of their new LA Headquarters. The Shenzhen based company plans to open two dealerships in the US in the coming months that will focus on selling the companies range of products on what appears to be a B2B basis, the launch of the E6 seems to have been delayed until there are more charging points…Read More →
VAG Group’s Spanish subsidiary will see its models launch in the Chinese market in early 2012 according to media reports from Chinese auto outlets earlier today, Seat had its brand launch at the Shanghai Auto Show earlier this year with the Ibiza showcasing the brand. It was largely expected that Seat would hit the Chinese market towards the end of…Read More →
Jeep CEO Mike Manley hopes to negotiate a deal in the next several weeks that will result in Jeep production in China.
Manley departed for China Wednesday to negotiate a deal with Guangzhou Automobile Group Co Ltd., a Chinese company that has a joint venture with Fiat.
“Fiat has a very strong partner there so I will…Read More →
Today is World No Car Day, but does anybody actually know? It seems that the roads on Yan’an East Road in Shanghai were slightly quieter than normal at 9am and local Shanghai media are reporting that an extra 200,000 people are expected to take to the public transport system rather than their own steering wheel over the course of the day. Elsewhere…Read More →
Battery maker Boston Power is shifting its operations to China to capitalize on the booming electric-vehicle market.
The Westborough, Mass.-based company today announced that it has raised $125 million from Chinese venture capital firm GSR Ventures as part of an expansion into China. In addition to the private equity,…Read More →
Did you read that right? The 307? Yes the 307. The 307 Crossover launched in China today on the opening day of the Chengdu Auto Show, the Chengdu Show is a critical car show in the Chinese market due to its location in Western China – the next big growth area for the Chinese car market over the next 5 years. The 307 wont be going out of production when…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 →
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 →
At the end of June it was announced that Infiniti were working on expanding production in Japan and were also looking at expanding Infiniti production to certain overseas markets, of course pundits were quick to mention the possibilities of building Infinitis in either the US or Japan.
Infinitiâ€™s CEO Toru Saito announced in 2009 that the possibility…Read More →
For many Chinese car companies the Indian market displays a great allure, but can they tackle it using the same methods to entice China’s 1.3billion consumers? It seems that the odds are stacked against them, but if perhaps they can manoeuvre themselves into a strong position by inking strategic deals with the right partners.
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