Search Results for "Chinese"
Gasgoo.com (Shanghai) - The automotive market in China has undergone rapid development over the last decade. One result of this development is that more and more own brand automobile manufacturers have been moving to developing their own engines and transmissions.
Sep. 1 , 2016Gasgoo.com (Shanghai) - One of the biggest questions that affects the automotive industry is the question of brand allegiance. Specifically, the power of brands with seemingly uncompetitive products to still attract consumers is a topic of major interest. One such brand is Sweden’s Volvo.
Aug. 31 , 2016According to data, there are a total of 14,764 auto companiesin China till the end of 2015, including 547 Hongkong-Macao-Taiwan invested enterprises, 1898 foreign-invested or joint-venture companies. They produced 24.5m units’vehicles in 2015, including 21.08m units’passenger vehicles and 3.42m units’commercial vehicles.
Aug. 20 , 2016Gasgoo.com (Shanghai) - Compared to the previous two years, sales of Chinese SUVs over the first half of this year have begun to lag behind. A number of models, including the Changan CS75, BAIC Huansu S3, Zotye T600, JAC Refine S3 and Changan CS35, have all seen their monthly sales volumes fall. Only four own brand models managed to make the top ten individual model sales charts in April, compared to a high of eight from the previous year. That number has fallen even further in May and June, when only three of the ten best-selling SUVs in the country were domestic own brand models. Chinese manufacturers’ market share in the SUV segment has also been slipping.
Aug. 9 , 2016here has been structural overcapacity in the automobile industry in China, according to Chinese authorities. In 2015, production capacity of 37 leading automakers, of which production has accounted for 99% of the Chinese market, is expected to be 31.22 million units, including 25.75 million units of passenger vehicles, of which the utilization rate is 81%, and 5.47 million units of commercial vehicles, of which the utilization rate is only 52%.
Aug. 9 , 2016