Wednesday, May 22, 2013

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New Chinese tax on luxury automobiles rumored to be announced soon

Gasgoo.com (Shanghai May 21) - Recently rumors of impending taxes on luxury vehicles have been appearing across the Chinese media. In a report appearing the Nanfang Daily today, an anonymous official from a German luxury car manuf...

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Dongfeng aims to export 100000 vehicles in 2013

Gasgoo.com (Shanghai May 22) - Dongfeng Motor is aiming to export 100,000 automobiles this year, jfdaily.com reported today. The number, which was announced by Dongfeng at a recently held annual summi...

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GM recalls defective Cadillacs in China

Xinhua - Shanghai GM will recall 2,653 imported Cadillac SRX vehicles as their wheel nuts may become loose and pose a safety hazard, China's consumer quality watchdog said Friday. As of Friday, the...

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Consolidation as Dongfeng deals for Fujian Motor

China Daily - In the biggest consolidation in the nation's fragmented auto industry since 2009, China's second-largest automaker Dongfeng Motor Corp agreed last week to become a shareholder in Fujian ...

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Volkswagen expands car production in China

The Telegraph - German auto giant Volkswagen will build a plant in central China, a spokesman says, as it battles US rival General Motors to be the top foreign automaker in the world's biggest car mar...

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Hyundai says it mulls fourth plant in China

Yonhap News Agency (Seoul) - South Korea's top automaker Hyundai Motor Co. is considering building a fourth assembly plant in China as it seeks to meet the growing demand in the world's largest auto m...

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GAC to invest 1.7b yuan to increase passenger automobile production capacity

Gasgoo.com (Shanghai May 21) - Guangzhou Automobile Group's board of directors has approved a new expansion project for its passenger automobile production capacity, China Business News reported today...

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Majority of profits in the Chinese passenger automobile industry taken by JVs

Gasgoo.com (Shanghai May 21) - A recent study by the Institute of Economics of the Chinese Academy of Social Sciences reveals that the vast majority of profits made in the country's passenger automobi...

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Dongfeng Honda to release new small SUV

Gasgoo.com (Shanghai May 21) - In an interview with auto.163.com today, Dongfeng Honda Sales Deputy General Manager Li Peng confirmed that the joint venture is preparing to release a new small SUV to ...

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Geely roars past its sales growth target

South China Morning Post - Sales at mainland carmaker Geely Automobile in the first four months of this year are already well ahead of its target growth rate, the company said, and it predicted a stro...

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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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Weaker yen is mixed bag for Japan auto makers

The Wall Street Journal - Japan's auto makers have been some of the most vociferous proponents of a weaker yen—calling for the U.S. dollar to appreciate to ¥100 or more. That is because t...

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India: Car registration gets simpler, no government nod needed

The Times of India (Kolkata) - Next time a new car is launched in India, the first batch of owners in Kolkata will get to drive it around the same time that customers do in Delhi, Mumbai, Chennai, Ban...

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GM's Opel says to move Zafira assembly to Ruesselsheim

Reuters (Frankfurt) - General Motors' loss-making European brand Opel will move production of the multi-purpose vehicle Zafira to Ruesselsheim in Germany, shoring up its headquarters as it prepares to...

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US car use falls as younger generation shifts gears

Reuters (New York) - Americans are driving less than they used to because of higher gasoline prices, a weak economy and changing generational preferences, according to a report released Tuesday that f...

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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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