Sunday, May 19, 2013

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Audi confident in the future development of the luxury car market in China

Gasgoo.com (Shanghai May 9) - Despite the fact that overall growth in the Chinese luxury vehicle market has slowed to four percent in the first quarter of this year, Audi has still managed to pull in strong sales results. The manu...

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Geely announces internal management reorganization

Gasgoo.com (Shanghai May 17) - Geely announced a new reorganization of its management team, Gasgoo.com (Chinese) reported today. Sun Xiaodong, deputy head of the Geely's brand development and product ...

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GAC, ZX Auto and CAPAC sign cooperation agreement

Gasgoo.com (Shanghai May 17) - Guangzhou Automobile Group and ZX Auto, in association with China Auto Parts and Accessories, have held a signing ceremony in Yichang, Hubei, autohome.com.cn reported to...

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Japanese marques showing signs of comeback

China Daily - The introduction of new products gave a jolt to sales of Japanese cars in April, reversing a trend of dismal figures in the first half, analysts said. Sales have been hit hard by a ba...

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Beijing Auto releases first Saab-based model ahead of listing

Bloomberg News (London) - Beijing Automotive Group Co., which makes vehicles with Daimler AG and Hyundai Motor Co., started selling its first sedan based on Saab technology today as it prepares to lis...

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1.89m automobiles manufactured in China in April

Gasgoo.com (Shanghai May 16) - Total production and sales numbers for domestic Chinese manufacturers in April totaled 1.89 million vehicles and 1.84 million vehicles, the Guangzhou Daily reported toda...

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China imports 89900 automobiles in April, majority being SUVs

Gasgoo.com (Shanghai May 16) - A total of 89,900 automobiles were imported by China in April, tireworld.com.cn reported today. The figure, which came from statistics announced by the Beijing Asian Gam...

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BMW aims to increases Mini sales in China

Gasgoo.com (Shanghai May 16) - BMW AG's automobiles sales in China last month totaled 30,331 units, exceeding the 29,011 units sold in the US. The country is now BMW AG's largest market worldwide. Chi...

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Shanghai VW to build new factory in Changsha, Hunan

Gasgoo.com (Shanghai May 16) - Shanghai Volkswagen is preparing to build a new automobile factory in Hunan's provincial capital of Changsha, the Beijing Times reported today. The signing ceremony and ...

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Chery denies accusations that it will reduce its workforce by 9000 people

Gasgoo.com (Shanghai May 16) - Chery Automobile has officially denied reports that it is planning to reduce its staff by 9,000 people, the Economic Observer reported today. According to the manufactur...

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Global NewsMoreRSS

South Korea's auto exports fall on less business days

China Daily (Seoul) - South Korea's automobile exports posted a double-digit fall last month due to less business days arising from the Lunar New Year's holiday and weak demand for locally-made cars, a government report showed Mon...

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EU FTA holds up auto investment

The Times of India (New Delhi) - As India looks to sign a free-trade agreement with the European Union, investments in the automobile sector appear to be drying up as companies tighten purse strings o...

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GM, Ford to collaborate on new transmissions

Associated Press (Detroit) - General Motors and Ford are putting aside their longstanding rivalry to work together to develop a new generation of fuel-efficient automatic transmissions. The compani...

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US: UAW eyes Alabama Mercedes plant and VW in Chattanooga

Chattanooga Times Free Press - Alabama's Mercedes-Benz plant has joined Chattanoooga’s Volkswagen factory as one that the United Auto Workers has its eye on organizing. The Birmingham News re...

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US: Nissan hire triggers Chrysler executive changes

Reuters (Detroit) - Chrysler Group shuffled its executive ranks on Monday after Nissan Motor Co Ltd's North America unit raided the company last week to recruit a new sales and marketing boss. Chr...

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BlogMore RSS

Today update
Why Volts built on Mars are possible -- in an election year

I hear General Motors is planning to lay off thousands of workers in Detroit and move production of the Chevrolet Volt to Mars. This is obviously more bad news for Detroit, which will then be left ...

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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...
Saab and Jaguar On Different Roads
Remember when Ford was considering selling Jaguar? The questions at the time were not much different than they were when GM first said it was looking into selling Saab. At the time, analysts talked ab...

CommentaryMore

Generation Y is “out of love” with cars
The industry is facing a time in its history in which it has many more questions than answers. It is a time in which consumer insight and understanding should play a pivotal role. Growth will come to those brands that gain a subtl...
Summary: Sales of US brand passenger automobiles in China from 2002 to 2012
Gasgoo.com (Shanghai) - According to statistics collected by Gasgoo.com (Chinese), sales of American brand passenger automobiles manufactured in China have constantly grown in the ten years since Chin...
Summary: Growing number of privately owned automobiles in China
Gasgoo.com (Shanghai) - In the ten years since China joined the World Trade Organization, its economy has soared, with average income levels growing immensely. These factors, combined with the decreas...

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

Faurecia Wins Three Awards at China Automotive Industry 2011 Award Demonstrating Commitment to the China Automotive Market
Faurecia, a leading global supplier of engineering solutions and automotive components, stood out from nearly one hundred participants as it won three awards at the China Automotive Industry 2011 Awar...
Schaeffler receives Excellent Supplier Award from Geely
HERZOGENAURACH, 7th May 2013. Schaeffer has been presented with the Excellent Supplier Award 2013 for the first time during the "Geely powertrain supplier conference 2013" in Ningbo/China. By presenti...
Schaeffler places senior secured notes of 1.25 billion Euro
• Volume upsized from €1 billion to €1.25 billion • Two tranches with maturities of five to eight years in Euro and US-Dollar • Proceeds to be used to prepay existing...
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