Except here, people are not kept around for months doing nothing . They are fired. This is China, not socialist Sweden. According to Chinacartimes, BYD announced that it will cut up to 1,800 members of staff, including underemployed 1,000 members of its sales team. Read More >
Our Chinese sales oracle has spoken, and it says that sales of cars in China are good. August sales numbers released by General Motors today indicate that China has left the doldrums behind and is revving up to its old double digit self. Sales of GM China and its Chinese joint ventures set an August sales record and rose 13.4 percent (compared to August 2010) to 205,885 units. Read More >
even casual scrutiny of his vision reveals overwhelming obstacles. Let’s be plain: His plan is dead on arrival.
You won’t find a zinger like that in Bertel’s piece, but only because he keeps his head down detailing the entire bizarre history of McAuliffe’s venture, its roots as the “Hybrid Kinetic Motors” visa scheme, its ties to a couple of notorious former Brilliance boys and its money-first, product-later approach. Child’s takedown isn’t as well researched (nor does it contain anecdotes about former a Ambassador driving a lawnmower into a swimming pool), but the few remaining folks out there who think the former Democrat fundraiser might be on to something big should probably read on. After all, McAuliffe has put so much hype out there, this story is something of a target-rich environment for truth-tellers. Read More >
If you look at Nissan’s performance in China, you won’t see anything of the lackluster growth of the overall Chinese market. Nissan announced August sales of 94,700 units in China, up 26.1 percent from a red-hot August 2010. While the Chinese market is waddling like an uncooked Beijing duck, Nissan China recorded the fourth double-digit monthly sales growth in a row. Read More >
If the Shanghai Daily isn’t hallucinating (their writing is pretty sober, if not sobering), and if their source is reliable (the source is Pang Qinghua, chairman of Pang Da, the yellow knight from China that was supposed to save Saab from the abyss,) then Saab’s goose is cooked.
Chairman Pang told the Shanghai Daily that “Pang Da Automobile Trade Co and Zhejiang Youngman Lotus Automobile Co have not submitted an application to the Chinese government to inject much-needed funds in Saab, increasing fears that the Swedish carmaker may drive into bankruptcy due to a cash crunch.”
Why does that mean that the goose is good for eating? Because Saab says so. Read More >
GM China always had a comfortable lead over Volkswagen in China – at least on paper. More than half of GM China’s volume comes from small delivery vans, made by a three-way joint venture with SAIC and Wuling, in which GM held 34 percent. This share had been recently raised to 44 percent. The joint venture agreement allows GM to claim 100 percent of the small cars as theirs. “Whatever turns them on” (or Chinese word to that effect) say the other JV partners who happily count the cars again in their annual reports. There is one big problem with that. The “breadvan segment” (so called because the cars looks like loafs on wheels) has been shrinking and is ruining GM’s otherwise good Chinese numbers. Now, GM can’t take it anymore, and is using a familiar tactic: “GM is sacrificing profit margins to maintain market share in China, cutting prices of low-cost minivans by as much as 15 percent to offset slowing sales in the world’s largest vehicle market,” Bloomberg reports. Read More >
Did we say that golden cars are all the rage in China? Rage? It’s an epidemic! Carnewschina is following the rapidly developing story. Latest gold find: A Lamborghini Gallardo LP-560 2, unearthed in Shijiazhiang, capital of Hebei Province. Read More >
Placing females on the hood of cars has always been a tried if tired tactic in car selling. Putting money on the hood usually sexes up sales faster than scantily-clad vixens. The Chinese car industry is in fast growth, and in puberty. So it goes for – women.
Carnewschina found a Volkswagen dealer in Daqing in China’s Heilongjiang Province who thought that his sales charts could use some excitement. He hired some girls to stand around the cars in bikinis. Apparently, this stratagem did not quite work out as planned. Further drastic savings were called for:
The bikinis had to go.
Hit the jump only if you are home alone, or if you can prove that you are studying trends in car retailing, and that it’s all in the name of science. You have been warned … Read More >
When an American wants to attract attention to his car & dealer woes, the tech-savvy slighted customer sets up a [name_of_dealer]sucksrealbad.com, and protests from the privacy of his webserver. The traditional types take up position in front of said sales outlet with some placards.
In China, the preferred mode of protest is by farm animal. A Chinese man called bull on his car and dealer. Read More >
What car for the Chinese man who has everything? Easy answer: A golden car! Golden cars are all the rage in the Middle Kingdom, where ostentatiousness has entered the Rococo age: The man who lives in a mansion adorned with turrets, pillars and gold-plated putti of course needs to have the wheels that complement his eclectic tastes. The car industry is happy to oblige. Carnewschina has found this gaudy Siebener parked down by the street. Perfect in hot weather, saves a lot of energy over the usual black. You think that’s an isolated case? Read More >
Now we know the truth behind the rebels routing Kadafi in Libya. “British, French, Qatari and other special forces working inside Libya?” Bollocks! It was the skilled deployment of fine Chinese weaponry that turned the tide. Chinese guns made the Colonel collect the last cadres of his female bodyguards and head for wherever people head to for a last get-together with their bodyguards before their bollocks are removed in a less than surgical manner. (I am getting sidetracked. Where were we?) Ah, yes, Chinese weaponry!
Tycho over at Carnewschina found the picture above in Huanqiu.com, a Chinese site dedicated to the military side of China, and, to provide proper balance, to barely dressed members of the fairer sex. If you are into uncamouflaged Chinese guns & girls, this site’s for you! (Someone is trying to undermine my morals, and my writing focus.) Read More >
Apparently, this is Camry week. TTAC has already thrown two of its most feared and revered auto testers, Michael “Hard Plastic Killer” Karesh and Alex “Yellow Fever” Dykes, into the battle – with similar, yet finely nuanced results. Yours truly has arrived in Tokyo, where he cools his heels (as much as a thermostat set to electricity-saving 82F allows,) until the JDM Camry is unveiled on Sept. 5 to by then totally Camry-numb members of the media.
Alas, your correspondent of the car wars has left China too early, because the global Camry conflict has shifted to the Middle Kingdom, which finds itself in search of the core Camry character. Read More >
Conventional wisdom says that the Chinese will suck all the know-how out of their foreign joint venture partners, and once they are through with them, they’ll discard them like Dracula a bloodless virgin. As a thank you, the Chinese will flood foreign countries with cheap Chinese cars. The trouble with conventional wisdom is that it is rarely true, or wise. Actually, the Chinese are now worried that the foreigners amass too much power. “Foreign car producers have begun to take more control of their joint ventures in China, sidelining their Chinese counterparts from business partners to factory providers,” China Daily writes today. China Daily is owned by the Chinese government. Read More >
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