Thursday, July 30, 2015

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JAC raises ¥4.5 billion as launching alternative energy vehicles tactic

JAC released a non-public offering to raise no more than 4.5 billion CNY ($725 million) as the company launches alternative energy vehicles strategy following Lifan Motors and Great Wall Motors.

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Here comes the worst situation in Chinese passenger vehicle market for 15 years

Gasgoo.com (Shanghai July 30) - Chinese passenger vehicle reported a rather low sales growth rate of 5.2% in the first half of the year, decreasing 7.2 percentage points from the previous year, indica...

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Money-losing Qoros hit by its first big recall

Gasgoo.com (Shanghai July 30) - Qoros Auto released the first recall of 6,736 units of Qoros 3 passenger car of 2014 and 2015 model in July in China, because of a default in of seat belt in the front ...

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SAIC helps its battery supplier Wanxiang Group to build whole vehicles

Gasgoo.com (Shanghai July 29) - Wanxiang Group, a well-known automotive parts manufacture in China, to realize its 16-year-old dream of building whole vehicle of its own, as its business partner SAIC ...

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Dongfeng Citroën unsettles in inner management leading to sales slump

Gasgoo.com (Shanghai July 29) - Compared with its brother company Dongfeng Peugeot, Dongfeng Citroën performed terribly with a rather low sales performance in the first half of the year in China....

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Chinese automakers see in new normal with reducing inventory while expanding capacity

Gasgoo.com (Shanghai July 29) - The overall Chinese vehicle market has entered in the new normal (minimal growth) period as Chinese domestic economy ushers in the new normal. The growth rates of Chine...

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SAIC still aims to sell at least 190000 vehicles in 2015 despite tough Chinese market

Gasgoo.com (Shanghai July 28) - Reports concerning a recent personnel change at SAIC have been appearing across the Chinese automotive media. The reports come as SAIC has seen its sales fall in the fi...

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Baidu and BMW to conduct tests of automated driving technology this year

Gasgoo.com (Shanghai July 28) - Automated driving technology is taking another step closer to mass market penetration, as a report appearing on the National Business Daily today showed. According to t...

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New EV charging standards to be announced this August

Gasgoo.com (Shanghai July 28) - At a recent automotive conference held by the State Information Center, Beijing Municipal Science and Technology Commission’s Director of New Resources and New Ma...

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SGMW launches first SUV to raise family vehicles proportion against sub-compact vehicles

Gasgoo.com (Shanghai July 27) - SGMW (SAIC-GM-Wuling Automobile) launched its first SUV model Baojun 560 in July 18th as the joint-venture transferred its focus from sub-compact vehicles to family veh...

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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 luxury automotive segment in China from January to June of 2015
Gasgoo.com (Shanghai) - With growth in the Chinese passenger automotive market as a whole slowing down, the luxury automotive market has also started to lag. Leading luxury brands Audi and BMW both were only able to post very slig...
Summary: Chinese small SUV segment from January to June of 2015
Gasgoo.com (Shanghai) - Small SUVs undoubtedly comprise the fastest growing segment in the Chinese passenger automotive market, due to the continued introduction of new models and sustained rapid sale...
Summary: Sales of foreign-branded automobiles in China from January to June of 2015
Gasgoo.com (Shanghai) - Foreign brands still make up most of the sales in the passenger automotive market, with their combined market share exceeding those of own brand manufacturers. However, as own ...

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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