With the largest economy and biggest population in Southeast Asia, Indonesia also has one of the lowest rates of car ownership. Although the market is set to expand by more than 50 percent in five years, Toyota dominates 90 percent of that market – and General Motors wants a piece of it.
Rare earth free electric motor
China is learning an interesting lesson: Only take a hostage if the other side wants it back. According to Japan’s Kyodo Newswire [sub], Toyota “has acquired technology to produce hybrid and electric vehicles without using rare earths and may begin doing so in about two years.” (Read More…)
Could Saab end up in Turkish hands? According to Bloomberg, Turkish private equity firm Brightwell Holdings will bid for the remnants of Saab, with a view to producing cars again.
China’s first mass-produced military jeep was made by Chongqing Chang’an, a predecessor of today’s Chang’an Automotive, a joint venture partner of Suzuki, PSA, and Ford. (Read More…)
Porsche is not part of Formula 1, regular rumors to the contrary notwithstanding. This doesn’t keep Porsche from building and owning its own Formula 1 racecourse. In China. Atlanta and L.A. could be next. What for?
Chinese are snapping up Porsches at an alarming rate. Chinese took the three-monkey-approach to the tepid overall car market in 2011 and bought 65 percent more Porsches than in the year before. There is a 120 km/h (75 mph) speed limit on China’s freeways. Where can the rapidly growing crowd of Chinese Porsche drivers experience what their machine really can do? (Read More…)
Volkswagen announced an all-new Santana for the Chinese market, it will debut in 2013. Time to say “zai jian” (“good bye,” but nobody says that anymore in China, they say “bye bye”) to the current Santana, made by the Shanghai-Volkswagen joint venture since 1985. And time for a short history of the Santana. History saw the original Santana, the Santana Variant, the Santana 2000, the Santana 3000 and the Santana Vista. We take a look at all of them. On the picture above is a party in Shanghai when the very first China-made Santana rolls off the assembly line. And when they said “party” in 1985, they meant it. Serious partiers they were. (Read More…)
An angry owner of a Porsche Cayenne staged a massive protest at his local Porsche dealer in Shenzhen in Guangdong Province. He had bought a brand-new Cayenne two months ago for he astounding price of 2.7 million yuan, or $428,000 (at least that’s what he had told MOP.com.)
Unfortunately, the Cayenne owner experienced a lot of trouble. The owner claims that the car’s problems made him almost crash on two occasions.
If I tell you that China will hit 20 million cars this year, you probably think I was drinking. I will tell you no such thing. But what if the chief of GM China says it? As a matter of fact, he just did. (Read More…)
GM is casting nervous glances at its perennial antagonist in China, Volkswagen. For both, China is a strategic high ground.
“So?” I hear you say. “Both are doing great. What’s to worry?” Where shall I begin? (Read More…)
After rocketing up by 32 percent in the year before, the Chinese car market took a break last year. China’s automobile sales eked out a small gain of 2.45 percent to 18.50 million units last year. As the China Association of Automobile Manufacturers (CAAM) said in a press conference this afternoon, this was the slowest growth in 13 years.
The Chinese government finally announced its long-awaited and much discussed subsidy program for the fledgling electric car industry. China will waive sales taxes on electric and fuel cell cars. There is only one limitation, which likely will make some Michigan Senators scream bloody murder: The cars must be made domestically in China. (Read More…)
When I came to China for the first time in 2004, I would have never thought that the country would one day be the benchmark for the consumption of luxury automobiles. A few weeks ago, I thought the headline “U.S. may overtake China’s rich in Rolls Royce race” to be an impossibility. But here it is. At Reuters, an even-keeled wire when it comes to the auto beat. But first things first. (Read More…)
More than a quarter of GM’s global production is sold in China. General Motors and its Chinese joint ventures sold a record 2,547,171 vehicles in China in 2011, “an average of one car or truck every 12 seconds,” as GM proudly publicizes. Sales in 2011 were up 8.3 percent, despite a laggardly Chinese market.
GM’s percentage number would be higher, wouldn’t it be for GM’s Chinese volume king Wuling. More than half of GM’s Chinese numbers are on account of the Chinese expert on small delivery vans. SAIC-GM-Wuling sold 1,285,820 vehicles in China last year, a rise of 4.8 percent on an annual basis. (Read More…)
Does this look like the Ariel Atom, the “race car for the road,” you know, the one in which one journalist got killed? It does, but it isn’t. It’s a homemade Atom. Made in China. In a shed. (Read More…)
Do you need more bling than what comes factory-installed with purchase of a Lamborghini Murcielago? In China you do. How else can you stand out amongst the Lamborghinis and Ferraris up and down the road? (Read More…)
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