News
Analysis: Detroit automakers face test of leadership in 2014

General Motors Co (GM.N) named a new chief executive, Ford Motor Co (F.N) kept its old leader and Chrysler Group LLC's CEO averted a divisive public offering. And that was just in the last 30 days.

Jan. 14 , 2014
Super Luxury Automobile Sales Decline in China, Vulnerable Dealer Forced Out

“Last Jan, July and August sales of exported cars decline the most obviously, and it lasts to the end of this year. Thesituation gets better at Dec this year.” ZHOU Xi, general manager of Jingshunbao BMW 4S shop told reporter, sales of 2013 was 3 thousand, which has increased 20% overmarket performance last year. However, profit has not increasedwith sales growth. Profit of exported car goes downturn is an undeniable truth for many dealers.“Although there is no so called price war among us, we do not win better lift than last year.”An exported car dealer in Asian Sports Village told reporter.

Jan. 14 , 2014
Dongfeng Nissan Accelerates Imported Car Strategy for Brand Bottleneck Breakup

Last week, Dongfeng Nissan announced at Beijing that it has completed 2013 sales goal 9 days earlier. Up to 13 Dec last year, Dongfeng Nissan has sold 926,013. Among them, Nissan brand sales are 820,588, which have increased 12.2%. Venucia sales are 105,425, which has increased 152.2%.

Jan. 14 , 2014
VW's Skoda on course to sell 1 million cars in 2014

Volkswagen's (VOWG_p.DE) Skoda Auto, the Czech Republic's biggest exporter, is on target to sell 1 million cars globally for the first time in 2014 thanks to the launch and ramped-up production of new models, a spokesman said on Wednesday.

Jan. 13 , 2014
New Energy Automobiles Sales May Double This Year

Industry has no doubt about new energy automobiles sales rapid growth this year. YE Shengji, vice president of Automobile Industry Association of China, told media at the 4th Global New Energy Automobile Forum holding at Haikou yesterday Chinese new energy automobiles sales are expected to 60 to 80 thousand this year, which is 3 to 4 times than sales of 2013.

Jan. 13 , 2014
JAC Overall Listing Market, Expected Initialed Next Half Year

As reporter known from Industry Economy Association of Anhui Province, JAC Group overall listing shall be initialed next half this year. “We will adopt 1 plus 1 mode” inner staff told media.

Jan. 13 , 2014