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AN China offers data on China-market cars Do you need information on cars sold in China? Specifications of passenger vehicles in the world's second-largest auto market are now available on this Web site. The data for each vehicle include dimensions, features, prices and more. Listed are vehicles of 76 brands from Chinese and global automakers. --Published:Nov. 19, 2008 >> Read Full Story |
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Small is big at Guangzhou auto show Kevin Huang kevinghuang@autonewschina.com
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Chery's plan to make Chrysler cars looks dead Yang Jian yangjian@autonewschina.com SHANGHAI -- In July 2007, Tom LaSorda, Chrysler CEO at the time, touted a deal in which Chery Automobile Co. would supply Chrysler LLC with small cars for North America. Today, neither Chrysler nor Chery are commenting on the deal, originally scheduled to start bringing cars to Mexico this year. And a source in China says it looks dead -- or at least on the back burner. "I wouldn't place much hope on it," says a former Chery executive familiar with the Chrysler deal. "Both companies have their own problems to deal with, and both have run out of money." --Published:Nov. 19, 2008 >> Read Full Story |
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Honda lifts local content of Jazz built in China Kevin Huang kevinhuang@autonewschina.com  GUANGZHOU -- Honda Automobile (China) Co., which produces the Jazz [pictured] small car in the south China city of Guangzhou for export, has lifted the local content of the car from 60 to 90 percent in value. Masaya Nagai, president of the Honda subsidiary in China, says the local content increase cuts the car's production costs, offsetting pressure brought by the appreciation of the yuan and rising costs of labor and raw materials.
--Published:Nov. 19, 2008
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FAW's car tops domestic models in J.D. Power's car quality study Lan Lan lanlan@autonewschina.com  BEIJING -- The Besturn B70 [pictured] sedan made by China FAW Car Co. receives the fewest complaints from customers among domestic models, according to a recent J.D. Power study on the quality of new cars. Based on customers' feedback, 100 new Besturn owners experienced 142 problems within the first two to six months of ownerships, less than the average 207 problems of all models being studied in China. The study covers about 20 hot-selling domestic models and about 80 models made by joint venture automakers.
--Published:Nov. 19, 2008
>> Read Full Story VW plans more cars for Chinese tastes Steven Ribet sribet@crain.com SHANGHAI -- Volkswagen AG, challenged by surging Japanese automakers in China, says it will continue to offer vehicles developed for Chinese tastes, such as the Lavida, launched in July. Group vice president Xu Jian said that more cars designed especially for China are in the works. "Of course we pay close attention to our competitors. We recognize what they have achieved," said Xu, who is responsible for VW's strategy and corporate development in China. "But up to now our performance shows we have done a good job this year." --Published:Nov. 19, 2008 >> Read Full Story |
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Chinese buyers lose interest in U.S. suppliers Steven Ribet sribet@crain.com SHANGHAI -- As the crisis in the U.S. auto industry deepens, the assets of many American suppliers have for-sale signs out front. But Chinese suppliers are less interested than they once were in making acquisitions in America. "Chinese companies have recently had some bad experiences with acquisitions in the developed world," says Tom Tan, president of powertrain supplier BorgWarner China. "The lesson they have drawn is that they're not yet up to the task of managing companies in the world's most competitive markets." --Published:Nov. 19, 2008 >> Read Full Story |
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Suppliers suffer as automakers cut production Namrita Chow namritachow@autonwewschina.com SHANGHAI -- As automakers cut production in China's slowing economy, suppliers are suffering. "The factory is open, but production has stopped," laments a chemical supplier to the leather industry, which makes leather seat and steering covers for the auto industry. For suppliers to Great Wall Motor Co., Zhejiang Geely Automobile Group, Chery Automobile Co., Dongfeng Peugeot Citroen Automobile Co., Changan Ford Mazda Motor Co., to name a few, times look bleak compared to the rosy picture painted last year. Sources say these automakers have slashed production targets as exports fall and the local market cools. --Published:Nov. 19, 2008 >> Read Full Story |
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Michelin and Chinese battery maker to develop electric powertrain system Lan Lan lanlan@autonewschina.com  BEIJING -- Two non-automakers intend to jointly develop electric powertrain systems: French tire maker Michelin Inc. and Chinese battery manufacturer and battery material supplier Citic Guoan Mengguli Corp. With little fanfare, the two sides signed an agreement earlier this year to jointly develop electric powertrain systems for plug-in hybrid electric vehicles and pure electric vehicles, Qi Lu [pictured], general manager of Mengguli (MGL) told Automotive News China.
--Published:Nov. 19, 2008
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SHANGHAI -- With the economy slumping at home and abroad, China's auto industry is looking at slower growth -- or no growth at all. At greatest risk are small domestic automakers laboring to establish their own brands. The major state-owned automakers are protected by their overseas partners and their well-known brands. The chances of the Chinese government providing financial aid for the domestic auto industry are slim. Automakers are on their own. Pictured: Yang Jian is the managing editor of Automotive News China.
--Published:Nov. 19, 2008
