Wednesday, June 19, 2013

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Foreign Minister Wang's decision to ride FAW Hongqi offers hope to Chinese own brand manufacturers

Gasgoo.com (Shanghai June 19) - Foreign Minister Wang Yi's announcement that he will ride in a domestically-manufactured FAW Hongqi limousine has created a stir in the Chinese automotive industry and caused FAW Car's share price t...

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GM says China luxury vehicle demand slower than expected

Bloomberg News - General Motors Co. (GM), which broke ground on a new Cadillac assembly plant in China today, forecast demand for luxury autos will grow at a slower pace than the total vehicle market ...

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US auto giant GM breaks ground on China Cadillac plant

AFP - US auto giant General Motors on Wednesday broke ground on a $1.3 billion plant in Shanghai to produce Cadillacs as it seeks a larger share of China's growing market for luxury cars. The plant...

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Ford doubles engine capacity in China

Detroit Free Press - Ford opened a new $500-million engine plant in Chongqing today that will allow it to make an additional 400,000 engines annually in the world's largest car market. The plant wi...

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JAC exports 590 heavy trucks to Venezuela

Gasgoo.com (Shanghai June 19) - Anhui-based Jianghuai Automobile exported 590 heavy trucks to Venezuela, Anhui News reported today. The export order is the first of its scale this year. Jianghuai, ...

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147 imported Aston Martins recalled in China

Gasgoo.com (Shanghai June 19) - Aston Martin has issued a recall for 147 imported vehicles in China, the Beijing Times reported today, citing an announcement made by the General Administration of Qual...

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Fisker's China (dis)connections

Reuters (Beijing) - In late January, consultant Joel Ewanick arrived at Geely's headquarters in eastern China to deliver an impassioned pitch on behalf of Fisker Automotive, the California-based bouti...

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Joint Sino-Chinese research project on electrical grids and EVs announced

Gasgoo.com (Shanghai June 18) - Britain's Engineering and Physical Sciences Research Council will cooperate with the Chinese National Natural Science Foundation to conduct joint research on smart elec...

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FAW Car shares jump over 1%, increase attributed to Chinese Foreign Minister's riding Hongqi H7

Gasgoo.com (Shanghai June 18) - Despite the fact that stocks of several domestic automobile manufacturers performed poorly on Monday, FAW Car's stock increased a full 1.73 percent. A report appearing ...

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Haima applies for over 10b yuan in credit, sight set on reforming dealership network

Gasgoo.com (Shanghai June 18) - Hainan-based Haima Automobile is entering a new phase this year. "We have applied for credit from banks to support [our] dealership network," Haima Automobile General M...

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Global NewsMoreRSS

Ford Replaces Humans With Robots For Taxing Test Drives

Autonomous car programs from the likes of Audi, Toyota and Google have been a popular topic lately. While the technology currently exists for self-driving cars, we are likely years away from seeing them publicly available, due to ...

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Britain could overtake France to become second-largest car maker in Europe

The Telegraph - UK plants run by the likes of Jaguar Land Rover (JLR), BMW and Nissan are operating at close to full capacity amid increasing demand from countries such as China. Tim Abbott, managi...

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VW car recalls show hazards of rapid growth

Reuters (Berlin) - The growing number of overseas recalls afflicting Germany's Volkswagen (VOWG_p.DE) shows the perils of rushing for volume as Europe's largest automaker is vying for the world's top ...

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South Korea turns up the heat on foreign car makers

Reuters (Seoul) - Recent free trade deals have helped foreign premium-brand automakers such as BMW and Mercedes-Benz drive up sales in South Korea, previously a heavily protected market dominated by H...

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Thailand: 2000 luxury cars 'smuggled' into port

Bangkok Post - Almost 2,000 luxury cars have been smuggled into Thailand and stored at Laem Chabang port in Chon Buri's Si Racha district, a source at the port's Customs Office revealed on Sunday. ...

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BlogMore RSS

Today update
Tesla Clashes With Car Dealers

Elon Musk made a fortune disrupting the status quo in online shopping and renewable energy. Now he's up against his toughest challenge yet: Local car dealers. Mr. Musk, the billionaire behind PayPa...

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Autonomy in Cars Progresses, But Regulators Struggle to Keep Up
Why It Matters Human error is a major factor in the accidents that kill more than 32,000 people on U.S. roads and in the traffic congestion that wastes more than $120 billion each year. The U.S....
Do Pickup Drivers Really Want Six-Cylinder Engines?
General Motors Co. General Motors’ 4.3-liter EcoTec V6 engine. General Motors’ GMC truck unit said its Sierra full-size pickup truck will come with a standard 4.3-liter V6 engine tha...

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Summary: The future of automobile finance enterprises in China
Gasgoo.com (Shanghai) - Compared with other markets, automobile financing in China is developing relatively slowly. Despite this, the country possesses several characteristics that set it apart from the rest of the world. In the f...
Summary: Sales of mid- to high-class SUVs in April
Gasgoo.com (Shanghai) - Statistics from Gasgoo.com (Chinese) show that growth in the Chinese SUV market is still as high as ever. Year-on-year SUV sales growth rates for the month of April and those f...
Summary: Chinese sales of Japanese automobiles in April
Gasgoo.com (Shanghai) - Following escalated tensions between China and Japan over the Diaoyu Islands late last year, sales of Japanese branded products in the country took a major fall. Japanese passe...

InterviewMore

TRW: Design safer automotive products for Chinese consumers
Manfred Meyer(left) & Jeff Shaya(right) TRW owns a high reputation in the filed of automotive safety products globally. In order to meet the growing demand of Chinese consumers, the company is mana...
Slowdown of sales growth yet flourished development opportunities in the Chinese auto market
tesa (Shanghai) Trade Company, Ltd. Marketing Director Thomas Gassner As one of the world’s leading producers of self-adhesive solutions for industry, trades, and consumers, tesa possesses mo...
Dana:Meeting the local customers’ requirements is our mission
Despite slowdown in market growth rates, China is still home to the world's largest number of automobile consumers, something which multinational enterprises must still pay attention to. How to succee...

SuppliersMore

Auto parts suppliers invest in Dalian
The city of Dalian, Liaoning province, received a five-member delegation of two major auto parts suppliers of Nissan Motor Co - Guangzhou Unipres Co and Xiangyang Sunrise Machinery Co, who aimed to ex...
Johnson Controls Looking To Sell Auto-Electronics Unit In Parts
Auto parts supplier Johnson Controls, Inc. (JCI: Quote) is currently looking to divest its automotive-electronics business unit in bits and pieces as it is not receiving large enough bids for the whol...
Research and Markets: Auto Parts Manufacturing Industry in China 2012-2016
DUBLIN Research and Markets (http://www.researchandmarkets.com/research/2rd6g6/auto_parts) has announced the addition of the "Auto Parts Manufacturing Industry in China 2012-2016" report to their offe...
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