Monday, September 15, 2014

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Chinese automotive industry development policies may be modified

Gasgoo.com (Shanghai September 11) - Industry development was a major topic of this year's International Forum on Chinese Automotive Industry Development, with representatives from the National Development and Reform Commission re...

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As competition heats up luxury automobile market, BMW and Mercedes-Benz try to catch up to Audi

Gasgoo.com (Shanghai September 11) - Competition in the luxury automobile segment in China has been heating up this year. The recently concluded Chengdu International Motor Show has been proof of this...

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Chery sells over 36000 vehicles in August

Gasgoo.com (Shanghai September 11) - Chery Automobile has recently released its sales performance summary for the month of August, auto.ifeng.com reported today. According to the report, Chery sold a ...

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Despite recent anti-monopoly investigation, luxury automobile manufacturers continue to raise prices of certain models

Gasgoo.com (Shanghai September 9) - One of the original factors driving the National Development and Reform Commission's anti-monopoly investigation of the Chinese automotive market was the excessive ...

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China to introduce new series of standards for new energy automobiles, aims to promote development of the industry

Gasgoo.com (Shanghai September 9) - Chinese automobile manufacturers have been unable to break into the top tier of multinational automobile manufacturers for several decades now. In order to reverse ...

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BYD and Bank of Xi'an gain official approval to open new auto financing company

Gasgoo.com (Shanghai September 9) - The China Banking Regulatory Commission has officially approved BYD and the Bank of Xi'an's plan to jointly establish the new BYD Financial Co., Ltd. in Xi'an, Shaa...

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Chinese sales of Rolls-Royce and ultra luxury automobile brands expected to grow

Gasgoo.com (Shanghai September 4) - Having spent a great deal of time in expanding their operations in northwest China, sales of manufacturers of luxury automobiles across the country are expected to ...

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Dongfeng Honda to introduce new dealership evaluation system, aims to sell over 500000 vehicles in 2015

Gasgoo.com (Shanghai September 4) - As Dongfeng Honda dealerships in Beijing halt procurement new vehicles, media reports of confrontations between dealerships and the joint venture have begun showing...

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FAW Car's sales and income grow in 2014 H1, but net profit falls

Gasgoo.com (Shanghai September 4) - FAW Car released its financial performance report for the first half of 2014 this week, the Beijing Times reported today. According to the report, the manufacturer'...

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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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Global NewsMoreRSS

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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