It’s a bit hard to sell millions of units with a luxury brand. But with the help of a country that has more than 1.3b people, and where an A6 (long!) is a sign of “here comes a party hotshot, get out of the way,” Audi can perform the rare fusion of volume and luxury. Read More >

From the New York Times to TTAC, the news is racing around the globe that China put an “embargo” on dirt. Well, it’s rare dirt, also known as Rare Earth. Why should we care about that? As the New York Times lectured us a month ago, the stuff is vital to “rangefinders on the Army’s tanks, sonar systems aboard Navy vessels and the control vanes on the Air Force’s smart bombs.” Whoa, we are a car site! Ok, rare earths “are also used in small steering control motors in conventional gasoline-powered cars as well as in motors that help propel hybrid cars like the Toyota Prius,” says the New York Times, bringing us back on topic. And what is the fuss about? Read More >

You’d think that joint ventures with Chinese car makers would be hell-bent on underscoring their foreignness. That’s what sets them apart from Chinese cars. The Chinese customer is no fool and exactly knows whether a 3-series is made by Brilliance in China or by BMW in Bavaria. But push comes to shove, a car with a foreign nameplate has more cachet in China than homegrown produce. Which makes this new trend even more wondrous: More and more joint ventures turn out their own through-and-through Chinese cars. Read More >

There  are increasing possibilities that GM will be owned by two governments: The American and the Chinese. After a lot of rumor and innuendo, Hu Maoyuan, Chairman of China’s government-backed SAIC went on record today and said he does not rule out the possibility of participating in GM’s IPO. That according to Reuters. Read More >

BYD, that Chinese company that could do no wrong, and that has been anointed by Warren Buffet’s golden hand (and money), is in a bit of a rough patch lately. As if there was no shortage of Bad Yucky Dreams lately, here is more. You want the bad news or the really bad news first? Read More >

We knew that something was wrong with this month’s whisper number for  Chinese car sales. If China’s largest carmaker, SAIC, improves by 23 percent , if Dongfeng is up 22.3 percent, then the total number will be somewhere  in that neighborhood, and not “up by nearly 40 per cent over September 2009,” as it was rumored yesterday (no wonder we couldn’t find the official Xinhua release, it either had been withdrawn or it was never there.) Read More >

We are still waiting for the September sales numbers for China (at least we were spared the usual CATRC drama of faux numbers – maybe because there was a one week holiday?) But here comes something interesting (or shocking, depending on who’s side you’re on.) Auto sales in China could hit 17 million units this year, up from 13.6 million in 2009, Chinese state media said today, citing the China Association for Auto Manufacturers (CAAM.) And that was the harmless part. Read More >

Got a BMW? A little short in the nookie dept? Longing back to the olden days when a car would get you the girl? Come to China!

China’s Global Times, the English writing sister publication of the rather staid party organ People’s Daily, reports  that a 24-year-old lady from Shanghai is offering herself to any man for a month in exchange for the loan of a BMW for one week. Read More >

Hidden deep in the bowels of a rather boring story on how the China’s Traffic Control Bureau wants to implement  “nine measures to better manage autos and supervise drivers” (story brought to you by the China Securities Journal via Gasgoo) is an interesting nugget of information: “The number of motor vehicles owned by Chinese citizens is of 199 million according to this year’s figure, 85 million of which are cars.”

Now THAT is interesting. Read More >

GM has a $530m millstone around its neck. It’s the closed and unsold Antwerp plant. Nobody wants it. The Antwerp assets are turning into a liability which endangers the GM IPO. Now it looks like GM found a savior that could take the plant off their hands. Guess where he comes from. Hint: Not from Washington. Read More >

Popular wisdom was that foreign companies have to tread carefully in China, lest they’ll be robbed blind of their vaunted intellectual property and thrown by the wayside. Now it has come to the total opposite: GM has made a mess out of India. And they turn to their old Chinese buddies at SAIC to help them out. Not just financially. Technologically. “GM hopes to take advantage of Shanghai Automotive Industry’s expertise in making small, low-cost cars to raise its share” in India, reports The Nikkei [sub]. Read More >

Porsche just announced something highly unusual: Record full-year revenues from selling Porsches. No more option plays with attached sheet metal bending operation. Revenues rose 17.9 percent to a record €7.79b ($10.5b), and Porsche said it expects to see the positive trend continue in the current business year, reports Reuters.

And where do all these sales come from? Definitely not from Porsche’s core markets, the U.S.A. and Germany. Read More >

According to popular wisdom, you can invest all you want into China, but you can’t take your money out. Not so, says Gasgoo. As a matter of fact, would it not be for China, the bottom line of many a car company would look ugly.

Volkswagen for instance gained nearly half of its pretax profit from the Chinese market in the first quarter of this year. Read More >

The titans of the foreign auto blogger scene in China just happened to bump into each other today – at a nerdy tradeshow for auto parts, no less. No booth babes, just a lot of sexy displays of tie rod ends, control arms, ball bearings and pop rivets. The Chinese government sponsors this event every year in order to promote export of Chinese parts. For qualified buyers (anyone with a business card), the government even picks up the hotel tab for three days. Imagine: Everywhere else you have to pay three times the going rate when a big trade show is in town – in China, you stay for free! Now isn’t communism just wonderful? Read More >

Volvo, now in the hands of China’s Geely, may revolutionize the way electric and hybrid cars are built. Currently, you have to shove a big honking battery into an electric car, and a simple honking battery into a hybrid. This adds weight, and obesity is a killer when in come to mileage.  Volvo, working with the Imperial College in London has a wild idea: Why not dispense with the big honking battery and use the whole auto body to store electricity. Say what? Read More >