Market & Industry
Parts shortage to idle FCA's Canada minivan plant, union says
Parts shortage to idle FCA's Canada minivan plant, union says

Fiat Chrysler will idle its minivan assembly plant in Windsor, Ontario, beginning Monday, union officials there said, because of a parts shortage.An FCA spokeswoman did not respond to requests for comment late Thursday on the report, and union offi

Nov. 4 , 2016
Chery will produce 1.0T engines, planning annual capacity of 100,000 units
Chery will produce 1.0T engines, planning annual capacity of 100,000 units

​According to the “13th-five” plan, Chery will make strategic arrangements in platforms, newly launched models and key technologies, in which engines will be one of the most important points.

Nov. 4 , 2016
PV Sales of SGMW Increase by 20% YOY in China
PV Sales of SGMW Increase by 20% YOY in China

Sales of SAIC-GM-Wuling Auto (short for SGMW) were 195 thousand units in the Chinese market in October, with a monthly rise of 9% and a yearly rise of 13.8%, according to data from the company.

Nov. 4 , 2016
Beijing should extend tax cut for small vehicles right now
Beijing should extend tax cut for small vehicles right now

A year ago, the Chinese government halved the purchase tax for light vehicles with engine sizes of 1.6 liters and below. Sales subsequently jumped, as expected, but now the government faces a problem of its own making.

Nov. 4 , 2016
BAIC may exercise stock-based incentives, CEO of LE-Auto’s investment and financing Department is appointed as its Board Secretary
BAIC may exercise stock-based incentives, CEO of LE-Auto’s investment and financing Department is appointed as its Board Secretary

Traditional auto companies’ bosses are seeking for opportunities in Internet companies in recent years, showing the decreasing attraction from traditional companies.

Nov. 3 , 2016
Borgward plans to assemble EVs in Germany
Borgward plans to assemble EVs in Germany

Borgward, a storied German brand undergoing a revival with Chinese backing, plans to open a factory in Germany to build 10,000 cars a year.

Nov. 3 , 2016