Wednesday, June 19, 2013

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BYD Chairman predicts resurgence in 2013

Gasgoo.com (Shanghai June 18) - Thanks to three years of intensive restructuring and reorganization, BYD Founder and Chairman Wang Chuanfu predicts his company's fortunes to make a turn for the better in 2013, the Beijing Morning ...

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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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New Chery Ruizhen 7 to hit Chinese markets later this year

Gasgoo.com (Shanghai June 18) - Chery will begin manufacturing its new Ruizhen 7 sedan, which made its debut in concept car form as the α7, later this year, auto.qq.com reported today. The mass-...

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Latest youth initiative from Mercedes-Benz

China Daily - To aid in the advancement of Chinese youth, Mercedes-Benz is again cooperating with the China Youth Development Foundation on a new program that kicked off on May 31. The new initiati...

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China helps Volkswagen steer clear of Europe's car crisis

Reuters - Robust demand in China has become the engine driving growth at German auto maker Volkswagen (VW). Rising sales in the world's biggest car market made VW shine in May, despite the dark clouds...

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Chinese car maker enters Uganda market

NewVision (Kampala, Uganda) - An international player in the Chinese car manufacturing industry has penetrated Uganda's market and is set to build a car plant in the country. Only a nod from the go...

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Eye-catching Geely Emgrand X7 launched in Saudi Arabia

Saudi Gazette (Jeddah, Saudi Arabia) - After about a year and a half of Geely introduction to Saudi markets, Haji Husein Alireza & Co., Ltd., unveiled last week the new model Geely Emgrand X7, a new s...

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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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Today update
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....

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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

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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