Some of you are probably tired of the continuous reporting on car sales in China. Executives of the world’s biggest carmakers think otherwise. Without China, their companies would be also-rans. General Motors for instance says it sells more cars in China than back home. January through April, GM reports 972,369 sales from the Middle Kingdom, versus 821,707 in America. Getting a firm hand on sales in the world’s largest car market is important, but difficult. The tear out from a table published by Reuters illustrates this vividly – to the numerically unchallenged. (Read More…)
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With a planned Chinese joint-venture between Chery and Subaru now really, honestly dead in the water, Subaru will look to the United States for sales growth, while importing cars to China for the next few years.
Just-Auto issued a breathless press release with the hot news that the nasty Chinese government has said no to a joint venture between Japan’s Subaru and China’s Chery. If this sounds like deja vu to you, then you are an ace analyst. Send your CV to just-auto. (Read More…)
Vehicle sales in China were up a tepid 5.19 percent in April, the China Association of Automobile Manufacturers (CAAM) reports. From January to April, overall auto sales, including passenger cars and commercial vehicles, fell 1.33 percent year-on-year to 6.42 million units. Want better news? No problem! (Read More…)
News of strong April results of key players in the world’s largest auto market China may indicate than China’s rest and recuperation period is over. SAIC’s auto sales are up 12.6 percent, says Reuters. GM reports record sales from China, up 11.7 percent for the month. Toyota told Reuters that its April sales in China were up a whopping 68 percent. Is the Middle Kingdom turning the corner to another episode of hyper growth? Let’s take a look. (Read More…)
Forbes predicts that the U.S. will bypass China this year as the world’s largest auto market. Forbes does that because it employs as its China expert one of the lousiest forecasters in the business. Regular Forbes columnist Gordon G. Chang published a book in 2001, titled “The Coming Collapse of China.” In it, he predicted that China would implode by 2006, if not earlier, due to the mass of non-performing loans. China did not implode. Instead, non-performing loans brought the U.S. banking system and the world to the brink in 2008. In 2006, Chang wrote the book “Nuclear Showdown.” In it, he predicted that North Korea would rain nuclear missiles on Japan. Has not happened either. Now, Chang predicts that China will no longer be the world’s largest auto market when the year is over, and that the title will go back to the U.S.
By making this prediction, Chang shows that America is a land of opportunity: People who can’t count and aren’t really bright can become famous columnists at Forbes. (Read More…)
Volkswagen’s SEAT has been a bit luckless recently. The victim of the Mediterranean malaise seeks to improve its odds by exporting cars to China. Lacking new models to introduce, Seat showcases a new culinary delight: Blondes on a stick. (Read More…)
Toyota will launch a domestically produced plug-in hybrid in China before the year is over and will follow with EVs once certification is completed, said Dong Changzheng, executive vice president of Toyota Motor (China) Investment Co., to a small group of reporters at the Beijing Auto Show. The cars will be marketed under a yet to be announced “Chinese” brand. (Read More…)
The first fruits of a large scale joint venture of a leading U.S. supplier and a consortium of Chinese automakers will debut in FAW’s Hongqi (Red Flag) luxury sedan. BorgWarner United Transmission Systems (BWUTS) will supply DualTronic control modules and clutch modules for a seven-speed wet dual-clutch transmission (DCT) that goes into FAW’s Hongqi in late 2013. (Read More…)
Coda Automotive, a Southern California start-up that assembles EVs with Chinese components, announced at today’s Beijing Auto Show that it would partner with the Chinese OEM Great Wall to develop a new, lower-cost EV. Says Coda CEO Phil Murtaugh (who you might remember as a key character in American Wheels, Chinese Roads) explains in a press release
Although the nameplate says “Sylphy”, this is more than likely the 2013 Nissan Sentra, set to replace the dreadful current generation car.
Our man Bertel Schmitt is en route, all set to cover the Beijing Auto Show for the next two days. By our count, there are over 70 debuts, with many of them being Chinese market products; concept cars, older vehicles re-issued and manufactured in Chinese JV factories and obscure concept cars. A complete list, with a brief description can be read at just-auto.com for anyone really interested in the Brilliance Jinbei Large Sea Lion Camper or the HaiMa Yao.
Hybrids are a tough sell in China. Honda and Toyota want to change this. Honda wants to change it so bad that it will provide its core hybrid car technologies to other Chinese automakers, in addition to its joint venture partners, The Nikkei [sub] learned today. (Read More…)
After getting a $1 billion “investment” from both GM and the Australian government, Holden will be starting their first post-funding project; designing two new cars for the Chinese market.
Curves aren’t typically the signature look of a Lamborghini, which prevents me from making any cheesy jokes about the company’s SUV “revealing its curves” like any other sex-starved blogger would.
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