Friday, August 22, 2014

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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 largest number in the world, a...

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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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New energy automobile market in China making considerable progress thanks to government policies

Gasgoo.com (Shanghai August 19) - Thanks to increased government support and favorable market conditions, new energy automobile sales in China have continued to grow at an impressive rate. In his asse...

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Ministry of Commerce denies allegations that anti-monopoly legislation is biased against foreign enterprises

Gasgoo.com (Shanghai August 19) - Reverberations from the scales of the China's recent anti-monopoly investigations can be felt across various industries. However, the way the investigations are being...

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Volvo China announced major changes in senior staff, Yuan Xiaolin appointed new president

Gasgoo.com (Shanghai August 14) - Volvo has announced two several senior staff changes over the past week, the Beijing Times reported today. First, Yuan Xiaolin, who represented Geely during the its t...

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Own brands' share in the sedan market falls under 20%, the lowest amount in five years

Gasgoo.com (Shanghai August 14) - "Over the next five years, domestic own brand manufacturers can't afford to make any mistakes, otherwise it will be incredibly difficult for them to continue developi...

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SAIC-GM-Wuling to establish new R&D center, will focus on developing Baojun products

Gasgoo.com (Shanghai August 14) - SAIC-GM-Wuling is establishing a brand new research and development center for its Baojun brand, the National Business Daily reported today. According to an official ...

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Opel prepares to leave Chinese market, negotiations with its dealership network continue

Gasgoo.com (Shanghai August 12) - Ever since announcing that it will be leaving the Chinese market in the end of March, Opel and six of its 21 certified dealerships in the country have been negotiatin...

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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 foreign brand automobiles produced in China in the first half of 2014
Gasgoo.com (Shanghai) - Foreign branded automobiles are still continuing to hold the dominant position in the Chinese passenger automobile market. Their combined sales are around one million units every month and are continuing to...
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...
TNS: Individuality would be a new destination for luxury auto in China
Luxury auto buying in China has always been more about self-expression than self-indulgence. Now the form of that self-expression is starting to shift, and brands have a choice of strategies when it c...

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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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