Market & Industry
C reduce China sales target

Recently, the reporter learned from the relevant channels that Lexus sales target for this year is 75,000 - 80,000 vehicles, much lower than the originally-planned 100,000 vehicles. While Lexus sales growth is slowing down, the momentum of the German luxury vehicle growth is not reduced, with July sales blowout again. Audi, BMW and Mercedes - Benz sales growth rates are all between 30-40 per cent year-on-year.

Aug. 21 , 2013
Foton Invests 3.2 Billion into New Plant at Foshan, Produces Pickup and Truck

Foton Motor announced that the company signed with San Shui District government of Foshan City Guang Dong Province. It plans to invest 3.2 billion into Foshan to build a new production base. It mainly produces pickups and trucks, and annually productivity of the plant is about 240 thousand. It is the third time Foton enlarges its production bases in Southern China after Southern Sea plant and Ouhui passenger auto Plant.

Aug. 20 , 2013
Skoda brand new model “Supai” launched

Shanghai Volkswagen Skoda brand new flagship model “Supai” was launched on Aug.12 in Guangzhou. “Supai” is improved from the present model Skoda “Haorui” and its pronunciation is born of the new transliteration of its original English name“Superb”. Compared with the original Haorui, Supai makes some changes on its appearance but make unapparent changes on its inner decoration. On the aspect of electric power, Supai continues to adopt the originally equipped three turbocharged engines,1.4T/1.8Tand 2.0T.

Aug. 20 , 2013
Audi China July sales grow 27% year-on-year

On Aug.7, Audi AG announced that its July global sales totaled 131,000 vehicles, rising near 10% year-on-year and its China market sales were 42,000 vehicles, rising 27% year-on-year. From this Jan. to July, Audi sales in China market were 269,900 units, increasing by 19% compared with 226,700 units of the same period of last year.

Aug. 19 , 2013
Many C-Max owners -- including me -- knew the mpg estimate was askew

I don't want to say I told you so, but … wait; that's not entirely true. I do want to say I told you so. Back in mid-October, about two weeks after I bought my 2013 Ford C-Max Hybrid SEL, I wrote a column explaining that I couldn't come close to its promised 47 city/47 highway/47 combined mpg.

Aug. 19 , 2013
Guozhang Chen: Renault Will Transfer More Profit in After-Sales Service

At present, imported Renault medium upper car- new Latitude launches market, and it sells around $ 28.89 – 46.21 thousand in China. As a vehicle that aims international market, particularly for medium upper car researched for Asian market, new Latitude adopts the latest technology of Renault–Nissan. It will bump into stiff competitive medium upper auto market in China. Guozhang Chen, CEO of Renault China, so expressed during interview with reporter of that Renault will put more products into China. As quit dealers, Guozhang Chen does not take it as a problem, he call it “change investors”.

Aug. 16 , 2013