China Auto News of the Week (Nov 5-9, 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.

 

 

Note: This table is made by Gasgoo.com and based on statistics provided National Association of Passenger Vehicle Manufacturers.

 

 

 

 

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.

Source: National Association of Passenger Manufacturers, China

 

 

 

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.

 

 

 

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.

 

 

 

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.