Wednesday, August 20, 2014

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SAIC-GM-Wuling to establish new R&D center, will focus on developing Baojun products

Gasgoo.com (Shanghai August 14) - SAIC-GM-Wuling is establishing a brand new research and development center for its Baojun brand, the National Business Daily reported today. According to an official statement from the joint ventu...

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Used car market hopes to use online platform to develop further

Gasgoo.com (Shanghai August 19) - With the used automobile market in China not nearly as good this year as in previous ones, many car dealerships are looking to branch into different channels, includi...

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New energy automobile market in China making considerable progress thanks to government policies

Gasgoo.com (Shanghai August 19) - Thanks to increased government support and favorable market conditions, new energy automobile sales in China have continued to grow at an impressive rate. In his asse...

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Ministry of Commerce denies allegations that anti-monopoly legislation is biased against foreign enterprises

Gasgoo.com (Shanghai August 19) - Reverberations from the scales of the China's recent anti-monopoly investigations can be felt across various industries. However, the way the investigations are being...

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Volvo China announced major changes in senior staff, Yuan Xiaolin appointed new president

Gasgoo.com (Shanghai August 14) - Volvo has announced two several senior staff changes over the past week, the Beijing Times reported today. First, Yuan Xiaolin, who represented Geely during the its t...

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Own brands' share in the sedan market falls under 20%, the lowest amount in five years

Gasgoo.com (Shanghai August 14) - "Over the next five years, domestic own brand manufacturers can't afford to make any mistakes, otherwise it will be incredibly difficult for them to continue developi...

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Opel prepares to leave Chinese market, negotiations with its dealership network continue

Gasgoo.com (Shanghai August 12) - Ever since announcing that it will be leaving the Chinese market in the end of March, Opel and six of its 21 certified dealerships in the country have been negotiatin...

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Sino-Japanese JVs also affected by the recent anti-monopoly investigations

Gasgoo.com (Shanghai August 12) - While Audi and Cadillac have been the most notable targets of the National Development and Reform Commission's recent crackdown on monopolies in the automotive indust...

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Mitsubishi to halt direct imports to China, to shift focus on the Guangqi Mitsubishi JV

Gasgoo.com (Shanghai August 12) - Earlier this week, Mitsubishi CEO President Osamu Masuko stated that Mitsubishi will halt expansion of its import operations in China. According to Mr. Masuko, Mitsub...

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Cadillac and Audi penalized in anti-monopoly investigation

Gasgoo.com (Shanghai August 7) - The National Development and Reform Commission has reached a final verdict on its anti-monopoly investigation in the automobile industry, the National Business Daily r...

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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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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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Fiat Chrysler CEO wants lower wage scale for all new U.S. hires

Fiat Chrysler Automobiles (FIA.MI) wants to eliminate the two-tier wage system that pays new U.S. automotive workers a lower rate than veterans by gradually phasing out the higher scale as older worke...

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BMW to announce its first Mexican car plant in July

BMW (BMWG.DE) plans to announce in July that it will build its first assembly plant in Mexico and has earmarked two regions where the site could be built, Automobilwoche reported on Sunday, without ci...

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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: Sales of foreign brand automobiles produced in China in the first half of 2014
Gasgoo.com (Shanghai) - Foreign branded automobiles are still continuing to hold the dominant position in the Chinese passenger automobile market. Their combined sales are around one million units every month and are continuing to...
Summary: VW's increasing sales in the Chinese automobile market from 2010 onwards
Gasgoo.com (Shanghai) - Now the world's largest automobile market, China has long since been a major part of Volkswagen's global strategy and a major source of its total profits. The Chinese market al...
Summary: 2014 sales target completion rates for Chinese manufacturers in 2014 H1
Gasgoo.com (Shanghai) - The Chinese passenger automobile market has managed to maintain rapid sales growth during the first half of 2014. A total of 8.87 million automobiles were sold in China over th...

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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...
Continental:Doing More for Clean Air
• Continental introduces next generation digital linear actuator for the air path • New actuator GenVII DLA targets small engine applications • Large number of two-wheelers is the...
Johnson Controls Looking To Sell Auto-Electronics Unit In Parts
Auto parts supplier Johnson Controls, Inc. (JCI: Quote) is currently looking to divest its automotive-electronics business unit in bits and pieces as it is not receiving large enough bids for the whol...
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