China Auto News of the Week (Nov 5-9, 2007)
China produced 7.22 million vehicles in Jan-Oct, up 22.6 percent
By Tony From:Gasgoo.com November 09 2007
Shanghai. October 9 (Gasgoo.com) – China produced 7.22 million vehicles in the first ten months of the year, up 22.6 percent from one year earlier; meanwhile China sold 7.15 million vehicles in the same period, up 24.2 percent from one year earlier, according to China Association of Automobile Manufacturers.
In the first ten months, China produced 5.14 million passenger vehicles, up 21.7 percent year-on-year and sold 5.07 million passenger vehicles, up 23.57 percent year-on-year.
In the same period, China produced 2.08 million commercial vehicles, up 24.88 percent year-on-year and sold 2.07 million commercial vehicles, up 25.14 percent year-on-year.
The figures are show in the table below.
Jan-Oct Production
Y-o-Y change
Jan-Oct Sales
Y-o-Y change
Passenger Vehicles
5.14 million
21.7%
5.07 million
23.57%
Commercial Vehicles
2.08 million
24.88%
2.07 million
25.14%
Total
7.22 million
22.6%
7.15 million
24.02%
Note: Statistics are provided by China Association of Automobile Manufacturers
China's sedan sales reached 3.6 million in Jan-Oct, up 22 percent Y-o-Y
By Tony From:Gasgoo.com November 09 2007
Shanghai, November 9, (Gasgoo.com) – In the first ten months this year, China sold 3.6 million sedans, up 22 percent from one year earlier, according to recent statistics provided by the Information Center of China's National Association of Passengers Vehicle Manufacturers.
In October this year, sales of sedans reached 356,344 units, down 12.7 percent month-on-month, but up 17.9 percent year-on-year.
Meanwhile, China's total sales of passenger vehicles reached 4.86 million in the first ten months, up 22.10 percent from one year earlier.
Sedan
All passenger vehicles
Oct. 2007
356,344
490,474
Sep. 2007
408,136
532,153
Oct. 2006
302,222
404,436
Month-on-month change
-12.7%
-7.8%
Year-on-Year change
17.9%
21.3%
Jan-Oct, 2007
3,600,127
4,857,213
Jan-Oct, 2006
2,950,696
3,976,437
Year-on-Year
22.0%
22.1%
Note: This table is made by Gasgoo.com and based on statistics provided National Association of Passenger Vehicle Manufacturers.
China's top 10 sedan manufacturers in October
By Tony From:Gasgoo.com November 08 2007
Shanghai. November 8 (Gasgoo.com) The information center of National Association of Passenger Manufacturers today released a production and sales report on top 10 sedan manufacturers in October. Gasgoo.com made a table to illustrate this top 10 list.
| Rank | Sedan Makers | October sales |
| 1 | FAW-VW | 38,234 |
| 2 | Shanghai-GM | 32,556 |
| 3 | Shanghai-VW | 28,481 |
| 4 | Chery | 22,958 |
| 5 | FAW-Toyota | 20,528 |
| 6 | Dongfeng-Nissan | 20,396 |
| 7 | Guangzhou-Honda | 19,973 |
| 8 | Changan Ford | 19,560 |
| 9 | Geely | 17,487 |
| 10 | Dongfeng PSA | 17,133 |
Source: National Association of Passenger Manufacturers, China
Chrysler Caravan rolls off assembly line in Chinese plant
By Tony From:Gasgoo.com November 07 2007
Shanghai. November 7 (Gasgoo.com) Chrysler's first Caravan rolled off assembly line in Fujian-based Southeast Motor yesterday, Chinese state media Xinhua News Agency reported today.
Mr.Philip Murtaugh, CEO of Chrysler Asia, referred the production of Dodge Cavaran in China as a "landmark" of Chrysler's global expansion. Last year, the popular Chrysler sold 1.3 million units of Dodge Cavaran world wide.
Cavaran is the first Dodge vehicle produced by the joint venture of Chrysler and Southeast Motors.
Located in Fuzhou city of Fujian province, Southeast Motor was founded by Fujian Automotive Industry Group and the Taiwan-based China Motor Corporation in November 1995. In April 2006, Japanese automaker Mitsubishi joined the partership. Currently Fujian Automotive Industry Group holds 50 percent of stakes, China Motor Corporation 25 percent and Mitsubishi 25 percent.
In September this year, Grand Voyager produced by Southeast Motor and Chrysler went on sales in Chinese market.
BYD to mass produce dual mode electric cars next year
By Tony From:Gasgoo.com November 07 2007
Shanghai. November 7 (Gasgoo.com) The president of Chinese automaker BYD, Wang Chuanfu said in Shenzhen that his company will start volume production of dual mode electric cars called F6DM in the second half of next year.
BYD's dual mode vehicle is at once an Electric Vehicle (EV) and a Hybrid Electric Vehicle (HEV). Starting in 2009, all BYD-produced vehicles will be powered by dual mode engines, Wang said.
Currently the powertrain costs for this dual mode vehicle is about 50,000 yuan ($6,707). After the production capacity is raised to 200,000 units, the powertrain costs can be reduced to 300,000 yuan ($4,024), according to Wang.
The production costs of BYD F3 dual mode vehicle will be 100,000 yuan ($13,415)-130,000 yuan ($17,439), much lower than Toyota hybrid Prius, which is sold at about 280,000 yuan ($37,562) in Chinese market.
Geely unveils new logo; student designer wins $260,000
By Ally From:Gasgoo.com November 07 2007
Shanghai. November 7 (Gasgoo.com) - Geely Holding Group, China's largest privately-owned automaker, unveiled its new logo at Beijing Geely University yesterday, the company announced today.
"The new logo will start to be used in new vehicle models launched next year; it will not affect existing models," said Geely's vice president Wang Ziliang.
Earlier sources familiar with the plan said the logo will first be used in London taxicabs produced by Manganese Bronze and Geely's joint venture in Shanghai next year. Geely bought U.K. automaker Manganese Bronze in 2006 in order to boost the sales of its cheap cars globally.
The designer of the logo, a student from Anhui University, has won 2 million yuan ($260,300) reward from Geely. In January this year, Geely set aside 3.6 million yuan (or about $58,000) for the logo design contest and the winner was finally selected by online voting and 66 experts.
Geely new logo
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