Sunday, July 31, 2016

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High Inventory forces FAW car to struggle for life?

FAW Car seems to walk into a cliff edge in the first half of year. Estimated performance for 2016 half-year shows that FAW Car faces a loss of RMB 790m to 850m in the period, decreasing 591.22% to 628.53% compared with the profit ...

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China’s DFLZ Aims at Larger Market Shares by Launching Seven-seat SX6

Gasgoo (Shanghai, July 28)— Dong Feng Liu Zhou Automobile Company (short for DFLZ thereafter), a subsidiary of Dong Feng Motor, one of leading automakers in China, has launched SX6, a new mode o...

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Further Decrease in Governmental Subsidizes May Cause Drop in sales of BYD in China

Gasgoo (Shanghai, July 27) —Governmental subsidizes on purchase of alternative energy vehicles of BYD, one of leading automakers in China, may decrease by 50%. Municipal government in Shangha...

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Batteries not being listed into Directory, JAC Alternative Energy Vehicle’s Foreign Funds Strategy may meet obstacles

Recently, news of Samsung SDI battery, used by JAC iEV6S, not being listed into Directory caused a great sensation in the market. Therefore, JAC is facing an embarrassment of halted national subsidiar...

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Overcapacity Looms in the Automotive Industry in China

There may be structural surplus in capacity of the industry of automobile in China, said National Development and Reform Commission, leading to concern about overcapacity. Considerable drop in grow...

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China’s FAW Car Failed to Decrease Dealer Inventory

Gasgoo (Shanghai, July 25)— Dealerinventory coefficient of FAW CAR, one of leading automakers in China, was 2.5, with a monthly rise of 12% and yearly decrease of 8%, in June, higher than that o...

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Imported vehicle market stays slow in the first half of year, while parallel-import vehicles keeps growth

Gasgoo.com (Shanghai July 25 th )– Wang Cun, Senior Manager of Marketing and Sales Department, Sinomach Automobile Co. Ltd, said on the 2016 China Auto Market Development Trend Forum that, impor...

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Didi and Uber denied cooperation rumor, and fierce price war will go on

Gasgoo.com (Shanghai July 25 th )– Rumor of cooperation between Didi and Uber comes around. But the two sides all denied the rumor when receiving interviews from reporters. In fact, the two c...

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13.28 Million Units of vehicles Registered in China This Year

The number of automobiles has reportedly increased a lot in China in the first half of 2016 according to Chinese authorities. There have been 13.28 million units of vehicles of which licenses were ...

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Domestic recalling vehicles in the previous six months: Volkswagen and Toyota has top frequency, while General Motors has the greatest number

About 6m units’ vehicles are recalled in the first half of year, doubling of the same period of last year. Luxury brands, including Maserati, Aston Martin, Porsche, also recalled vehicles in the...

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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 sales performances of luxury automobile manufacturers in 2016 H1
Gasgoo.com (Shanghai) - BMW and Mercedes-Benz are still competing for second spot for the luxury automobile market in China. Although Mercedes-Benz’s sales actually surpassed BMW in May, they were unable to catch up to them in ter...
Summary: 2016 H1 sales target completion rates among major Chinese automotive manufacturers
Gasgoo.com (Shanghai) - Major automobile manufacturers in the Chinese market had set their sales target well in advance early their year. Now, with half of the year already past, only a minority of th...
Analysis: Can Chinese own brand SUV sales recover?
Gasgoo.com (Shanghai) - 2014 and 2015 were important years for the Chinese automobile market and especially for domestic own brand manufacturers in particular. Own brands have been able to overcome di...

InterviewMore

Joerg Buchheim:HELLA's way of talent cultivation under the multiculture
“Virtuous person,a national treasure.” The emperor Taizu of min compared the talent to the national treasure, that express the eager for talent and the significance of talent. HELLA China ...
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...

SuppliersMore

Webasto Supplier Day held successfully
Carefully selected and arranged by Gasgoo International, the world's leading auto parts supplier, Webasto, had a match-making event with more than 20 outstanding suppliers from all over the country on...
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...
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