Tuesday, September 01, 2015

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Changan Automobile gains 40% surge in net income in H1 in China

Gasgoo.com (Shanghai September 1) - Chongqing Changan Automobile managed to achieve a 40 percent surge in net income in the first half of the year, enjoying the fastest sales growth rate among China’s domestic four biggest automak...

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Chinese Dealers not satisfied with suppliers, CADCC appeals for a new paper

Gasgoo.com (Shanghai Sept 1) According to a recent survey conducted by China Auto Dealers Chamber of Commerce (CADCC), auto dealers in China are not very satisfied with their suppliers. Thus CADCC app...

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BAIC Motor’s income grows the fastest in H1 2015, seeing Beijing Benz contributing 80%

Gasgoo.com (Shanghai Sept 1) According to the H1 2015 financial report issued by BAIC Motor, the gross profits earned by BAIC Motor grew by more than 90%, and net profits attribute to shareholders gre...

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Capacity reduction aggravates in China, automakers need prepare for sales downturn “winter”

Gasgoo.com (Shanghai August 31) - Faced with growth rate lower than expected and high inventories, auto enterprises have to stabilize operation restricting their urge to expand. They should explore ne...

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Chinese auto market recovery immersed in impediments despite favorable season approaching

Gasgoo.com (Shanghai August 31) - The traditional sales peak period of golden September and silver October for is round the corner, a chance to revitalize the depressed Chinese auto market. In July...

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Automakers strengthen weakness via big adjustments in adverse situation in China

Gasgoo.com (Shanghai August 28) - Due to the macroeconomic growth rate slowing down in China, auto industry in the country entered a period of minimal growth, with sales growth shrinking and market pr...

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Interpretation of July car market segment in China: sharp decline in market share

Gasgoo.com (Shanghai August 28) - Although the SUV industry recently surged rapidly, but cars segment still keep mainstream status, because with the maturing of domestic consumption concept, SUV model...

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Toyota promises not to sell damaged cars, FAW Toyota’s Tianjin factory back to production today

Gasgoo.com (Shanghai August 27) The skyrocketing sales achieved by Toyota Motor Corporation in China this year was suddenly halted by the blasts at Tianjin Port on August 12. Tianjin Port had massi...

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Tesla expands rapidly in China, launching centers in Hangzhou and Shanghai

Gasgoo.com (Shanghai August 27) Tesla is expanding rapidly in China, with its experience centers officially launched in Hangzhou and Shanghai. On August 18, two days after the official launch of Te...

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Preview on Chinese Zotye’s coming models in three years

Gasgoo.com (Shanghai August 26) - With the surging of SUV market, Zotye Auto sales rose 43.86 percent in the first half from a year earlier, well above the overall growth rate of Chinese domestic auto...

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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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PATEO strives to build the control center for mobile life

After the launch of iVokaL at CTIA 2014, the first mobile connectivity solution based on Android ecosystem, PATEO launches iVokaL2.0, an upgraded version of iVokaL, jointly with Ford in Los Angeles on...

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PATEO and Ford co-launch iVokaL 2.0 at Los Angeles Auto Show

PATEO and Ford Co-launchiVokaL2.0 at Los Angeles Auto Show 2014 Los Angeles Auto Show was officially opened in the U.S. on Nov. 18 local time. After the launch of iVokaLat CTIA2014----the first mob...

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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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Today update
Why new world Tesla needs old world factory relief

Analysts, pundits and commentators have been mesmerized of late by two very big issues facing Tesla Motors. Issue 1: Will state dealer laws allow Tesla to go on selling its cars direct, without a reta...

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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...
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...

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Summary: Chinese small SUV sales in July
Gasgoo.com (Shanghai) - China is now entering a new era where small SUVs rule the market. Smaller SUVs are becoming more and more popular among Chinese buyers. As a result, an increasing number of enterprises are introducing small...
Summary: Chinese compact SUV sales in July
Gasgoo.com (Shanghai) - While small SUV sales have been increasing as of late, the compact SUV segment still remains the major source of sales in the Chinese SUV segment. According to statistics from ...
Summary: Monthly sales performances of newly-released models entering the Chinese automotive market
Gasgoo.com (Shanghai) - New cars have been credited as the major driver of growth in the Chinese automotive industry as of late. Gasgoo.com (Chinese) has summarized the average monthly sales volumes o...

InterviewMore

Huntsman Advanced Materials Promotes Composites Mass Production And Application in Light Weight Vehicle
Special interview with Mr. THIERRY PERCHET, Marketing Director, APAC/INDIA and Mr. Meising HO, Technology Director, APAC/INDIA Huntsman Corporation is a global manufacturer and marketer of differen...
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,...
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 ...

SuppliersMore

Lighting up the road ahead
If auto manufacturers are to navigate a fast-changing future, they need consumer segmentation that tells them what’s coming next. You wouldn’t drive a car at night without headlights, b...
BENTELER Automotive and ChanganAutomobile establish Joint Venture in Chongqing (China)
BENTELER Automotive and ChanganAutomobile establish Joint Venture in Chongqing (China) Salzburg/Paderborn/Chongqing, 07.07.2015. – German full-service supplier BENTELER Automotive and Changan...
Capturing Raw Materials Deflation Savings
Globally, the recent—and historic—raw material deflation has generated an incredible profit improvement opportunity. In North America alone since September 2014, the price of every major r...
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