Thursday, May 23, 2013

China News More RSS

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...

Full ArticleGasgoo.com
China to become a major manufacturing center for GM

Gasgoo.com (Shanghai May 22) - General Motors is planning to add four new factories in China by 2015, the Nanfang Daily reported today. The manufacturer made the information public in its recently ann...

Full ArticleGasgoo.com
China surge in car dealers likely to sap profit, Bernstein says

Bloomberg News - Chinese auto dealership returns will decline as automakers add more of them, intensifying competition, Sanford C. Bernstein Ltd. said in a report. Foreign automakers are expanding ...

Full Article
Tata Motors falls on likely luxury car tax in China

NDTV - Tata Motors shares fell 2.56 per cent at around noon, on reports that luxury automobiles are likely to taxed 20 per cent in China. The luxury tax is likely seen at least 1.7 to 1.8 million Yuan...

Full Article
Geely to release pure electric EC7 in 2014

Gasgoo.com (Shanghai May 22) - Geely has announced a new pure electric version of its EC7 luxury car, the Nanfang Daily reported today. The pure electric EC7 is scheduled to make its simultaneous dome...

Full ArticleGasgoo.com
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...

Full ArticleGasgoo.com
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...

Full Article
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 ...

Full Article
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...

Full Article
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...

Full Article

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...

Full Article
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...

Full Article
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...

Full Article
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...

Full Article
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...

Full Article

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 ...

Full Article
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: Global automobile sales in 2012 by region and by nation
Gasgoo.com (Shanghai) - According to statistics collected by the International Organization of Motor Vehicle Manufacturers and compiled by Gasgoo.com (Chinese), a total of 81.74 million automobiles we...
Summary: Net profits comparison for Chinese automobile manufacturers in Q1
Gasgoo.com (Shanghai) - The first quarter of 2013 saw sales in the Chinese automobile market grow rapidly. As a result of this, business returns and net profits of Chinese manufacturers also increased...

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...
You can write your own article here or recommend one with its page link. We may edit your article for brevity and quality. Please note that we may not add every article to autonew.gasgoo.com.
Submit an article

Site Map:Home |China News |  Global News |  Commentary |  Interview | Blog | Data |   Suppliers | Gallery |   Top 10 Series |  RSS Feed |  NewsLetter  |  Submit |