Tuesday, April 28, 2015

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Chinese automobile after sales market predicted to exceed 760b RMB in 2015

Gasgoo.com (Shanghai January 27) - According to official statistics, China’s automobile after sales service are expected to exceed 760 billion RMB ($123.53b) this year. The market’s annual volume is expected to exceed 1 trillion R...

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China National Development and Reform Commission: Next auto enterprise punished after Benz due to monopoly will be announced soon

Gasgoo.com (Shanghai Apr. 28th) – In April 23rd, Jiangsu Price Bureau announced to fine Benz auto for 0.35 billion Yuan for monopoly and distributors in Nanjing, Wuxi and Suzhou for total 7.869 ...

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Tianjin free trade zone is expected to be the experimental unit for parallel imported car and normalized sales will be tendency

Gasgoo.com (Shanghai Apr. 28th) – After Shanghai free trade zone, Tianjin free trade zone is also being applied to be the experimental unit for parallel imported car, which is regarded as meetin...

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Ford: New sales volume target of 2015 in China is 1.3 million

Gasgoo.com (Shanghai Apr. 28th) – In recent 16th Shanghai International Auto Show, Ford has released brand new Focus, new Edge and Explorer etc. and launched world premiere of new Taurus. New Fo...

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Zhidou electric car will be widely used by time leasing model to solve the promotion problem

Gasgoo.com (Shanghai Apr. 22nd) – The president of Xindayang science and technology of electric cars Ltd, Mr. Bao, has set the sales target of Zhidou (ZD) electric car on over 20,000, after the ...

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BAIC plans to quit Beijing Autoliv

Gasgoo.com (Shanghai Apr. 22nd) – In accordance with the information from Beijing property exchange, 49% of Beijing Autoliv stock rights is being transferred and the price is 26,492,800 Yuan. ...

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Benz announced the target of being top 1 luxury brand

Gasgoo.com (Shanghai Apr. 22nd) – With increased sales volume in China, Benz has announced the target of becoming the champion in luxury market again in 5 years. The NGCC factory of Beijing Benz...

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Chinese Self-Owned Brands Has Taken up 54% of the SUV Market in Q1 of 2015 and Outsold Joint Ventures

Gasgoo.com (Shanghai April 20th)- The sales of SUV of JAC totaled 61,000 in a quarter, a year-on-year increase of 40%, which attributed to the good sale of Refine S3, a kind of small-size SUV. Acco...

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Imports of Automobiles in China Shanghai Customs District Has Decreased for Three Months

Gasgoo.com (Shanghai April 20th)- The monthly imports of automobile in China Shanghai Customs district has fallen for the third consecutive month from the beginning of this year, leading to a year-on-...

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China’s BAIC Set a Goal to Produce 50,000 Alternative Energy Vehicles and Sell 20,000 in 2015

Gasgoo.com (Shanghai April 20th)- China BAIC Motor Corporation, Ltd aims at selling 20,000 alternative vehicles in 2015, according to China Economic Observation. The aim of selling 20,000 alternati...

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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 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: Chinese sedan market from January to February of 2015
Gasgoo.com (Shanghai) - Growth in the Chinese sedan market has slowed down over the past few years, with sales of midsizes being the major driving force. According to statistics from Gasgoo.com (Chinese), midsizes made up 60.6 per...
Summary: Own brand manufacturers’ performance in the Chinese automobile market from January to February
Gasgoo.com (Shanghai) - Domestic own brand manufacturers have had a strong start this year, with their sales performance above the market average. According to statistics from Gasgoo.com (Chinese), a ...
Summary: Small SUV segment in 2015
Gasgoo.com (Shanghai) - There has been a noticeable trend towards smaller and smaller sized SUVs in the Chinese automobile market over the past two years. This trend has continued into this year, with...

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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...
How to overtake in the slow lane
Growth in China’s auto market may be slowing – but there’s still opportunity for domestic contenders to make ground on their rivals. Many say it was bound to happen. Annual double...
The auto industry’s reality check
Car manufacturers can conjure a stirring vision of the future, but as the Geneva Motor Show demonstrates, it’s difficult to balance this with the need to sell cars in the present. In recent w...
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