SAIC sells 821,800 commercial vehicles in Jan-Jul, up 41.8%
Shanghai August 16 (Gasgoo.com) Shanghai Automotive Industry Corporation (SAIC) sold 278,900 vehicles in July, up 24.5% from a year earlier, of which sales of its commercial vehicles rose 5.9% to 97,900 units.
In January-July 2010, the top automaker boosted its vehicles sales to 2.05 million units, up 41.8% year on year, media reported Monday.
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Renault to import five new models to China in 2011
Shanghai August 16 (Gasgoo.com) In light of a substantial growth in sales in the first half of this year after 2008's loss and 2009's profitability, Renault SA is planning to import five new models to the Chinese market early next year, Robert Chan, president of Renault's Greater China division, said recently.
The five models to be introduced to China are Renault Laguna Clio, Wind, large Scenic, Small Scenic and Fluence. It is reported that these models will be displayed at the Guangzhou Auto Show at the end of this year and then be launched in China in December this year or January next year.
Tata rumored to partner with Chery to make Jaguar, Land Rover cars
Shanghai August 17 (Gasgoo.com) Tata Motors, owner of Jaguar and Land Rover, has put the issue of local production through a joint venture on its agenda. The Chinese protagonist referred to in this news is the self-owned brand carmaker Chery Auto, media reported.
Christopher Brown, executive vice president of Jaguar and Land Rover (China) said in an interview with "Daily Economic News" that Jaguar Land Rover Sales Corporation in China is the platform for its future business development in China. The corporation will expand Jaguar and Land Rover's business in China to logistics, after-sales service and the whole sales network management.
China OKs 12 automakers for green-car subsidies
Shanghai August 17 (Gasgoo.com) China has recently approved another 61 models made by 12 Chinese automakers and joint ventures to receive fuel-efficiency subsidies of 3,000 yuan ($441) per vehicle, media reported on Tuesday.
Energy-saving cars (with displacement of 1.6L or below) made by Beijing-Benz, Beijing Hyundai, Beiqi Foton, Changan-Ford-Mazda, Changan Auto, Dongfeng Motor, Jiangxin Changhe Suzuki, Chery Auto, Shanghai GM, Tianjin FAW, FAW-VW and FAW Haima are all among the approved models, the National Development and Reform Commission said on its websi
BYD's electrical appliances production base built in Shenzhen
Shanghai August 18 (Gasgoo.com) BYD's electrical appliances company has settled in Baolong Industrial Park Zone, Longgang District, Shenzhen, where the automaker has an electronics product manufacturing base, and construction of the infrastructure has currently been completed, BYD said yesterday.
Despite the many doubts over the thing, BYD has been moving with surprising speed toward the filed of electrical appliances, far beyond outsiders' expectations.
Geely may set aside agents and go it alone in Russia
Shanghai August 18 (Gasgoo.com) After an inspiring acquisition of Volvo cars from Ford Motor, Li Shufu is now having a bad time.
Due to policy restrictions, high taxes and fees for importing cars to Russia, Geely will soon clear its inventory in the country, likely to withdraw from the Russian market after October this year, media reported.
Shanghai GM's Sun Xiaodong may join Shanghai VW as General Manager
Shanghai August 19 (Gasgoo.com) Sun Xiaodong, former Deputy General Manager of Shanghai GM, will join Shanghai Volkswagen as General Manager, an insider at Shanghai VW disclosed last week.
Ever since Shanghai VW's former General Manager Liu Jian was killed on July 17 in a road accident during a test drive, lots of attention has been given to the ask who will be the next General Manager of the company.
Dongfeng Nissan to break into China's top 3
Shanghai August 19 (Gasgoo.com) Dongfeng Motor Co. Ltd, a joint venture between Dongfeng Motor Corp. and Nissan Motor Corp. revealed to the media that it has made a full preparation and determined to break the traditional top three structure formed by Shanghai VW, FAW VW and Shanghai GM.
Dongfeng Nissan maintained a fast increase in the past seven years. An insider from Dongfeng Nissan said that Dongfeng Nissan is far from satisfying with its fourth position in the auto industry. It aims to become the best passenger car company at home. Dongfeng Nissan is the first one to pose a challenge to the three top carmakers.
Lamborghini four-door Estoque to be produced in China
Shanghai August 20 (Gasgoo.com) Automobili Lamborghini SpA, maker of the $450,000 Murcielago SuperVeloce sports car, will import its super luxury four-door sedan, Lamborghini Estoque to China for local production in 2012 with a price tag of around 4 million yuan ($589,000), media reported Friday.
The Estoque, which was unveiled in 2008 at the Paris auto show, would be a great rival to the Aston Martin Rapide and Porsche Panamera and expand the entire line up of Lamborghini who currently has only two cars in its product portfolio.
Shanghai VW to suspend Superb production
Shanghai August 20 (Gasgoo.com) Shanghai Volkswagen, a joint venture between China's SAIC Group and German's Volkswagen AG, will suspend production of its Skoda Superb beginning September 1 for one month due to slow sales
The company has already informed dealers of the production suspension and will start producing the popular Tiguan that it does not have enough in stock to meet the market demand at present.
