Tuesday, September 02, 2014

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Dongfeng Peugeot Citroen to use new T STT technology on upcoming models

Gasgoo.com (Shanghai August 29) - Earlier this week, Dongfeng Peugeot Citroën's factory in Xiangyang, Hubei announced its new T STT core powertrain technology. The new technology will play an important part in the joint venture's ...

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GAC earns net profit of over 1.73b RMB in 2014 H1

Gasgoo.com (Shanghai August 29) - The Guangzhou Automobile Group has recently released its sales performance report for the first half of the year, according to a China Business News report appearing ...

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BYD earns net profit of 361m RMB in 2014 H1, falling over 15%

Gasgoo.com (Shanghai August 29) - BYD has recently released its sales performance report for the first half of the year at the Shenzhen Stock Exchange, the Beijing Times reported today. According to t...

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SUV sales in China still rapidly growing, SUV segment possesses great room for future development

Gasgoo.com (Shanghai August 26) - The SUV segment is one of the most rapidly growing in the Chinese automobile market, and is one of the most popular among Chinese consumers. Sales growth in the segme...

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Chinese anti-monopoly investigation of the automotive industry continues to ramp up

Gasgoo.com (Shanghai August 26) - The National Development and Reform Commission's anti-monopoly investigation continues to make waves in the automobile industry. The NDRC has already fined 12 Japanes...

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Chinese EV maker Levdeo announces direct subsidies, eyes set on developing EV market

Gasgoo.com (Shanghai August 26) - Chinese electric vehicle manufacturer Levdeo announced that it would be offering direct subsidies of 10 percent to buyers of its vehicles, the Economic Daily reported...

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Chinese luxury automobile possesses significant potential for growth; manufacturers scramble to produce vehicles domestically

Gasgoo.com (Shanghai August 21) - The luxury automobile market in China still possesses large potential for development. Furthermore, with the country now home to 26,600 multimillionaires, the second ...

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Dongfeng and PSA to intensify partnership

Gasgoo.com (Shanghai August 21) - Dongfeng Peugeot Citroën President Qiu Xiandong made an announcement recently at the joint venture's factory in Xianyang, Hubei, 21st Century Observer News repor...

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Mitsubishi states that automobile imports will be its third pillar in the China market, releases information about upcoming Outlander and Pajero SUVs

Gasgoo.com (Shanghai August 21) - Mitsubishi made an official announcement stating that it will continue to strategically develop its import automobile operations for the China market, the China Busin...

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Used car market hopes to use online platform to develop further

Gasgoo.com (Shanghai August 19) - With the used automobile market in China not nearly as good this year as in previous ones, many car dealerships are looking to branch into different channels, includi...

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Toyota recalls 466,000 vehicles globally for spare tire, braking issues

Toyota Motor Corp (7203.T) said on Thursday it is recalling 466,000 minivans and cars globally, mostly in the United States, for possible faulty brakes and loss of a spare tire.

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Canada keen to find out if GM Canada delayed recalls, breaking law

Canadian government officials are trying to determine whether the Canadian unit of General Motors had delayed the recall of some cars, breaking the law in doing so, after the U.S. fined the parent com...

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Peugeot says share issue oversubscribed

French carmaker PSA Peugeot Citroen (PEUP.PA) said on Wednesday the second part of its share issue was oversubscribed, with demand reaching 145 percent of the shares offered. The company said total...

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Fiat Chrysler CEO wants lower wage scale for all new U.S. hires

Fiat Chrysler Automobiles (FIA.MI) wants to eliminate the two-tier wage system that pays new U.S. automotive workers a lower rate than veterans by gradually phasing out the higher scale as older worke...

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BMW to announce its first Mexican car plant in July

BMW (BMWG.DE) plans to announce in July that it will build its first assembly plant in Mexico and has earmarked two regions where the site could be built, Automobilwoche reported on Sunday, without ci...

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Today update
Why GM dealers have a chance to shine

There’s no getting around the fact that General Motors is taking a clubbing right now. A huge recall, several lawsuits, a blistering congressional hearing, apologies to consumers, potential c...

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Ford vs. Cadillac: C-Max video spoofs rich-guy ELR spot, speaking to the common man
Why do we work so hard? Is it so we can take a vacation in August to get away from our luxurious homes, pools, $75,000 cars and claim ownership of the moon? Those things are so tiring and I have ye...
Ex-VW designer has Volvo on a hot streak
Volvo design chief Thomas Ingenlath has been turning heads and winning awards since joining the Swedish automaker from Volkswagen Group 20 months ago. There is a good chance the hot streak will contin...

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Summary: Sales of Chinese-made foreign brand passenger automobile market in July
Gasgoo.com (Shanghai) - Foreign brands are continuing to perform strongly in the Chinese passenger automobile market, with their sales growth rate in July still above the industry average. Their combined market share is also conti...
Summary: Top ten manufacturers in the Chinese passenger automobile market in July 2014
Gasgoo.com (Shanghai) - FAW Volkswagen was China's best performing passenger automobile manufacturer in the month of July. It was followed by Shanghai VW, Shanghai GM, Beijing Hyundai, Changan Ford, S...
Indo-MIM : innovative with technical seminar in China
With an intention to reach the MIM professionals and disseminate the details of the process along with an advanced application, the seminar was conducted in such a grand platform. The technology which...

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Hangzhou IVECO Automobile Transmission Technology: Be the bellweather of Transmission manufacturers in China by Year 2020
According to the statistics by China Association of Automobile Manufacturers, production and sales of automobile in China have exceeded 20 million cars in year 2013. Meanwhile, Chinese market remains ...
Near Net Shape Technology "MIM” Arrives to China’s Market
GASGOO: In the Metal Powder Industries Federation held by MPIF, Indo-MIM won four awards in automotive, hardware tools, medical industries. In the automotive sector, four engine parts won grand price,...
tesa: innovation and localization become the core competitiveness
China is becoming one of the most important car markets in the world, this view has also been confirmed by the leader of tape manufacturer—tesa. In order to improve the competitiveness, tesa has...

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Chinese tire industry begins to mobilize against possible US trade protectionist policies
Gasgoo.com (Shanghai July 23) - In response to news that the US is investigating the possibility of placing tariffs on tires imported from China, the China Rubber Industry Association has begun mobili...
Continental:Doing More for Clean Air
• Continental introduces next generation digital linear actuator for the air path • New actuator GenVII DLA targets small engine applications • Large number of two-wheelers is the...
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...
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