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Monday, September 06, 2010

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Foton Motor forms new energy alliance

Beijing-based Beiqi Foton Motor Co, the world's biggest commercial vehicle maker by sales last year, founded an international alliance on Aug 28, the most recent move by industry giants to grasp the anticipated boom in new energy ...

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Guangzhou Auto listed after 8-year marathon

Guangzhou Automobile Group Co Ltd (GAC), China's sixth-largest auto producer by sales, was listed on the Hong Kong stock exchange on Aug 30, finally finishing its eight-year marathon to go public. ...

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China's auto makers reject 'excess capacity' warning

Executives from China's auto makers Sunday rejected an official warning that unchecked growth in the industry was leading to excess capacity and could harm the wider economy. Chen Bin, an official ...

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Changan Auto, Ford discuss expanding ties beyond China

Major Chinese automaker Chongqing Changan Automobile (000625.SZ) is in talks with Ford Motor (F.N) to expand their partnership beyond China, a senior Chinese executive said. Chongqing Changan, whic...

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PSA plans for third China plant going well

French carmaker PSA Peugeot Citroen (PEUP.PA) is on track to build a new China car plant with Dongfeng Motor Group (0489.HK), and is looking to export from China as early as 2011, its Asia chief said ...

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Changan Ford to launch SVP Fiesta

Chang’an Ford are getting ready to launch the SVP Ford Fiesta, a special limited edition sports model, and echoes the Ford Focus SVP that was launched earlier this year. The Fiesta SVP will b...

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Unchecked auto industry growth could harm China's economy: official

Unchecked expansion of China's auto industry encouraged by local authorities could harm the wider economy, a central government official said Saturday, warning excess capacity must be "resolutely" sto...

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Nissan is open to China green car alliance: Exec

TIANJIN: Nissan Motor is open to a green car alliance with Chinese automakers, a senior executive said on Saturday, as it moves to tap the fledgling industry in the world's largest auto market. Nis...

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Green subsidies give China's auto market a growth spurt

China’s auto sales jumped 55.7 percent year on year in August, boosted by Beijing’s new subsidies scheme for energy-saving vehicles, state media said on Thursday. Sales in the world&rsq...

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China car mkt unlikely to sustain breakneck growth

China's car market will continue to grow this year but may not sustain the breakneck pace of last year, the chief executive of Ford Motor's (F.N) China car venture said on Saturday. "Overall this y...

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Toyota eyes four door FT-86 sedan

Toyota has set it’s eyes on a sedan model in the FT-86 line-up. The website reports that the sedan variant will look very much like the coupe that means it would pretty much be a stretched version of the 2-door model. Along with s...

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Nissan sets sights on surpassing Honda

Encouraged by 10 straight months of sales gains, Nissan last weekend began a massive new marketing campaign designed to keep its momentum going as it pushes to increase its U.S. market share and, perh...

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Car Sales Drop in France, Italy, Spain

New-car registrations in dropped sharply in August in France, Italy and Spain as government incentives to buy new vehicles were slowly phased out or ended altogether. In France, registrations, whic...

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China regulator, researcher disagree on auto capacity

China's top economic planner and a leading government-backed research body disagreed at an auto industry forum over whether the world's largest auto market is facing excessive capacity after breakneck...

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Suzuki to build 4th auto plant in India

Japan's Suzuki Motor Corp said it will build its fourth auto plant in India, boosting its output in one of the fastest growing car markets to 1.5 million units a year. Suzuki, which controls about ...

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Today update
Will China spoil its carmakers by new energy subsidy policies?

Shanghai, July 15 (Gasgoo.com) Sixteen automakers in China has started receiving the government's clean-energy subsidy of 3,000 yuan ($441) for each green vehicle they sold since June 1 this year, and...

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Honda's Insight is reasonable knockoff of the Prius
Honda isn't trying very hard to hide that its new Insight hybrid is a knockoff of the better-selling Toyota Prius. It has virtually stolen its styling, meaning the two hybrids are easily confused on t...
What will the new energy vehicles be like in China in two years?
Shanghai, April 6 (Gasgoo.com) The "Automotive industry restructuring and revitalization Plan" announced in March 2009 has made it clear that a production capacity goal of 500,000 electric cars must b...

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Would you buy a Volvo made in China?
Volvo has long been known for Swedish quality and class-leading safety. So now that it's owned by China's Geely Holding Group, will the brand still be considered premium if Volvos are made in China? ...
Saving Volvo:Geely buys brand and management test
One of the toughest struggles in the negotiations was just how interwoven Volvo had become with the wider Ford Motor Group including safety and in-car-entertainment equipment. Volvo shared engine plat...

InterviewMore

Future trends of hybrid vehicles with the new energy subsidy policies
On 24th, June, the UK Advanced Engineering 2010 China Showcase Event, which was organized by UK Trade & Investment Department (UKTI) was held in Shanghai. Gasgoo.com interviewed the Technical Manager ...
Renishaw: Production of accurate components will promote low-carbon cars
On 24th, June, the UK business UK sophisticated high-end engineering industry forum, which was organized by UK Trade & investment Department (UKTI) was held in Shanghai. Gasgoo.com interviewed the ass...
Demand Solutions: The future development trend of consulting business in auto industry
On July 9, Gasgoo.com interviewed Yuri Verjoustinsky, director of sales & marketing of Demand Solutions Asia-Pac. He talked with us about his company and the future development trend of consulting bus...

SuppliersMore

Visteon introduces "C-Beyond" demonstration vehicle to China
Shanghai, July 29 (Gasgoo.com) Visteon Corporation today began showcasing its latest technology demonstration vehicle, the “C-Beyond,” for vehicle manufacturers and media in China. The ve...
EU seeking to impose a 5 year duty on Chinese wheels
The European Union wants to impose duties of 22.3 percent on imports of Chinese car wheels that could be valid for five years, according to a document seen by Reuters. The European Commission, the ...
Schaeffler to build 2 plants in China
The Schaeffler Group, the second biggest manufacturer and supplier of automobile roller bearings, plans to invest 200 million euros ($256.45 million) in China to set up two plants for the production o...
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