Gasgoo.com (Shanghai) - According to statistics compiled from the China Association of Automobile Manufacturers and the General Administration of Customs, automobile exports grew slightly in the first half of this year, surpassing 9.15 million units. Exports accounted for slightly over 4 percent of that amount, an evident increase from 2010. However, the average cost of exported vehicles has dropped slightly from $12,324 in 2010 to $12,231 this year.
Sep. 20 , 2011Gasgoo.com (Shanghai) - With China home to the world's largest automobile market, the country is becoming a more attractive target for foreign manufacturers, with their investments constantly on the rise. Joint ventures remain their most profitable avenue to secure higher profits, with foreign enterprises finding ways to increase their say in the companies. This unfortunately leaves their domestic partners in a more and more embarrassing position, with the fear that the future position for them in JVs may be nothing more than an agent.
Sep. 20 , 2011Gasgoo.com (Shanghai) - With news that Geely Automobile Holding Group's liabilities has reached 73 percent, many in the media have voiced their concern about the state of the automobile industry. However, Geely soon put out a statement saying its liability rate was well within normal limits, pointing out that large Western automobile manufacturers generally have rates between 70 and 80 percent. Gasgoo.com (Chinese) took advantage of the story to further analyze liability rates among Chinese manufacturers.
Aug. 23 , 2011Gasgoo.com (Shanghai) - Following the issuing of policies to manage government vehicle spending by the Communist Party of China, the market for official vehicles, which accounts for nearly 100 billion yuan ($15.59b), has become the center of attention for automobile industry experts. The policy's preference for own brand vehicles has also become a hot topic. Will the policy be what the government needs to successfully popularize own brand vehicles, and what effects will it have on the market as a whole? Gasgoo.com (Chinese) held a one-week survey on these questions in order to find the answer.
Aug. 12 , 2011