Tag: China

By on March 9, 2011

In a press conference in the late Chinese afternoon, China’s CAAM announced its official February sales numbers. The Middle Kingdom kept face and avoided a loss. (Read More…)

By on March 8, 2011

China’s FAW-Volkswagen joint venture is celebrating twenty years and two million units of the Volkswagen Jetta III, with a “2 million” special edition featuring “special paint and a more luxurious interior” according to thetycho.com. But will the Two Million Edition swath the aged Jetta with even more luxury than the Jetta Millionaire Edition?And when, if ever, will they stop making the old MkIII Jetta? Actually, considering that base versions of the brand new Jetta feature drum brakes, torsion bar rear suspension and ancient, underpowered engines, FAW-VW might just keep the original cranking out for a good while longer.

By on March 7, 2011

The Chinese passenger car market did something highly unusual in February: It declined. If the data of the usually not highly reliable China Passenger Car Association is to be believed, that is. They e-mailed to Automotive News [sub] that February 2011 passenger car sales were a minuscule 0.4 percent below February 2010 levels. (Read More…)

By on March 5, 2011

Ever since the Renault spy story broke, we had our doubts. It simply did not pass the smell test. Now, the smelly stuff is hitting the fan. “France faced severe political embarrassment on Friday after carmaker Renault said the three top executives it sacked for industrial espionage in January might not be spies after all,” reports Reuters.

In an interview with Le Figaro, Renault COO Patrick Pelata, the man who was the driving force behind the scandal admitted: “A number of elements lead us to doubt.” He is not alone in his doubts. (Read More…)

By on March 3, 2011

Take that, China. Japanese ingenuity has devised a way around the rare earth stranglehold the wicked Chinese use to stall worldwide progress of electric vehicles. A team of researchers from Japan’s Toda Kogyo and Tohoku University succeeded in making a magnetic material without rare-earth metals, The Nikkei [sub] says. (Read More…)

By on March 2, 2011

“Why would you even ask that question? Do you think the Chinese want to kill people on the road?”

Volvo CEO Stefan Jacoby after a reporter had asked him in Geneva whether Chinese ownership could hurt Volvo’s safety image.

From Automotive News [sub]

By on March 2, 2011

For years. American and Chinese companies have talked about bringing Chinese cars to America. So far, a lot of talk, little action. Even perennial announcer BYD has not progressed beyond the test phase. Santa Monica’s CODA wants to be the first one. Honestly now. (Read More…)

By on March 2, 2011

More and more journos wish China would become like America. As in America of 2008: Pop, crash, fizzle. The current meme is that the 18 plus million car sales can’t possibly go on and that the Chinese car market will ape America and will pop, crash and fizzle.

The problem is: The Chinese car market doesn’t seem to be able to read. It just doesn’t want to roll over. It had its big chance last month. China had been closed most of February in observance of the Chinese New Year. Most observers (including myself) had expected minus signs in front of the growth number for February.

First sales numbers are coming if for February, and there are good news and bad news. (Read More…)

By on March 1, 2011

We have been predicting it for quite a while: Chinese car exports, hopelessly in a hole, will be saved by those who used to be most paranoid about Chinese exports: Foreign carmakers. Surprisingly, they are led by partially government and union-owned GM.

The new motto appears to be: “Chinese car exports bad, except if they are our Chinese.” (Read More…)

By on February 28, 2011

Beijing is in a state of confusion after China’s capital drastically slashed the number of license plates available. You literally have to win the lottery to get a plate. Most winners keep the prized (but non-transferable) possession at home. Writes the party organ People’s Daily: “Only about 11 percent of those who won rights to car licenses plates through the new lottery system bought cars in Beijing in January, the first month after restrictions were implemented, according to Chi Yifeng, general manager of Beijing Yayuncun Automobile Transaction Market, the biggest car retail market in China. “ (Read More…)

By on February 26, 2011

The first thing I ask any company that wants to do anything in China is: “Did you register your trademark?” Usually, they did not. I either help them registering it  (costs around $1,000). If they refuse, I won’t work with them. It would be a waste of time.  All too often someone else in China sees a value in that trademark. Being a “first to file” country, anybody can file any trademark in China that isn’t already filed – in China. Getting your trademark back is a long, expensive, and often hopeless case.

Ignorance takes another victim: Land Rover. (Read More…)

By on February 24, 2011

GM is pushing its Chevrolet brand as a ”world brand,” reports the Freep. First battlefields for global bowtiefication: Europe and Korea. In Korea, the matter is easy: Last month, they took off the Daewoo badge and put a bowtie on instead. As predicted by TTAC nearly a year ago. There is not much that can go wrong in Korea: Hyundai dominates the market, Dawoo’s and now Chevrolet’s market share treads water in the single digits.

In Europe, any substantial market penetration by Chevrolet is “still a long-term goal,” concedes the Freep. And then, the Detroit paper proceeds to publish completely bogus numbers: (Read More…)

By on February 22, 2011

It’s a set piece, as predictable as the Beijing Opera: A rumor, confirmed by company insiders, followed by a denial, followed by – who knows. The Jaguar Land Rover flirt with China’s Great Wall enters stage 2: Never heard of it. (Read More…)

By on February 20, 2011

Rumors of Jaguar Land Rover establishing a production base via a joint venture in China have been around for nearly a year now. Talks with Chery surfaced last October, but were never heard of again. What’s keeping them? It becomes higher and higher time for JLR to start making cars in China. Deliveries of Jaguar increased 50 percent to 2,655 units last year while sales of Land Rover more than doubled to 23,459 units, reported TheTycho. Now, JLR may have found another bride. (Read More…)

By on February 20, 2011

Why does Warren Buffett have a headache? For quite a while, China’s BYD had been nothing but a miracle. Now, the Buffett-backed wunderkind turns outcast. To move their cars, BYD slashes prices down to the bone. (Read More…)

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