Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche
email:
password:
        
       Automakers     Suppliers     Gov't Regulation     Comment     LMC Automotive Data     Newsletters     Press Releases     Chinese Version
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
  Audi dealers demand 28 billion yuan to cover sales losses
Bloomberg | 2017/2/21

Audi dealers in China are demanding 28 billion yuan ($4 billion) to cover losses that they blame on the company adding too many distributors, potentially worsening a sales decline that saw BMW and Mercedes-Benz overtake the luxury brand last month.  The dealers, meeting in Sanya on the island of Hainan, issued a statement saying their newly formed group would oppose Audi's planned formation of a joint venture with SAIC Motor Corp.
>> Read Full Story

  VW group sales fall 14% in January as Audi dealers rebel
Automotive News China | 2017/2/21

Volkswagen Group said sales of its various brands in China fell 14 percent year on year to 344,000 vehicles in January, as angry Audi dealers protested the brand's proposal to create a second sales network.  Audi deliveries plunged 35 percent to 35,181 vehicles after its dealers "planned a restrained business volume at the start of the year," according to Volkswagen. 
>> Read Full Story

  Geely seeks stake, partnership with Malaysia's Proton, report says
Reuters | 2017/2/21

Chinese automaker Zhejiang Geely Holding Group is expected to bid as early as this week for a strategic partnership with struggling Malaysian carmaker Proton Holdings, two people familiar with the bidding process told Reuters.  As part of its pitch following discussions with Proton's owner, Malaysian conglomerate DRB-Hicom, Hangzhou-based Geely, which owns Sweden's Volvo Car Group, is expected to offer Proton some of the latest vehicle technologies it has developed with Volvo's input.
>> Read Full Story

  SAIC to assemble cars in Zhengzhou this year
Automotive News China | 2017/2/21

SAIC Motor Corp. has started building an assembly plant in Zhengzhou of north China's Henan province to produce vehicles for its own car brands.  SAIC hopes to launch production before the end of this year, according to Wang Xiaoqiu, president of SAIC's passenger vehicle subsidiary. Wang made his comments to Chinese media last week during SAIC's introduction of the Roewe i6 compact car.
>> Read Full Story

  Dongfeng, FAW plan joint innovation center
Reuters | 2017/2/21

Dongfeng Motor Corp. and China FAW Group Corp. said they will build a joint innovation center, a move that brings China's two oldest automakers together after they swapped top executives in 2015.  The companies signed an agreement to develop fuel cells, in-car connectivity and testing facilities. Financial terms were undisclosed.
>> Read Full Story

  Kia to launch 3 new models this year
Automotive News China | 2017/2/21

Kia Motors Corp. plans to introduce three new models in China this year to reinvigorate its flagging sales.  The Niro, a hybrid-powered crossover imported from South Korea, hit the market this month with a starting price of 149,800 yuan ($21,800).  Two other models, the KX7 crossover and the Huaqi E300 electric car, will debut later this year, according to Hyundai Motor Co., Kia's corporate parent.
>> Read Full Story

  Hyundai will build, sell Yuedong EV in China, report says
Automotive News China | 2017/2/21

Hyundai Motor Co. plans to build and sell an electric version of its Yuedong model in China, using batteries produced by a Chinese supplier, reports  the Korea JoongAng Daily.  The Yuedong -- known as the Elantra in the United States -- has been a big seller, with more than 1.3 million sold in China since its debut in 2008.
>> Read Full Story

  COMMENT
How sour dealer relations wreaked havoc on Audi's China sales
Yang Jian | 2017/2/17

SHANGHAI -- Audi cut itself a sorry figure in China's luxury car market last month.  As Audi deliveries fell 35 percent in January, China's leading luxury brand was finally overtaken by rivals Mercedes-Benz and BMW.  It was an especially poor performance in a month when second-tier luxury brands such as Cadillac and Volvo enjoyed robust sales.  Audi attributed the plunge to its dealers, but it has only itself to blame.  Pictured: Yang Jian is managing editor of Automotive News China.
>> Read Full Commentary

  Mercedes, BMW top Audi in January sales
Automotive News China | 2017/2/17

Audi, traditionally China's largest luxury brand, was outsold by Mercedes-Benz and BMW after angry dealers slashed their orders for Audi models.  In January, Audi sales in China plunged 35 percent year on year to 35,181 vehicles.  By contrast, Mercedes-Benz sales surged 39 percent to 58,799 vehicles, while BMW deliveries advanced 18 percent to 51,345 vehicles.
>> Read Full Story

  Hyundai deliveries climb 6.4%, outperform the market
Automotive News China | 2017/2/17

Hyundai Motor Co.'s China deliveries increased 6.4 percent year on year to 80,017 vehicles in January despite the weeklong Lunar New Year holiday, which eliminated five selling days.  The Korean brand outperformed the market; industry sales of light vehicles in China dropped 1.1 percent to 2.2 million vehicles.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
How sour dealer relations wreaked havoc on Audi's China sales

Mercedes, BMW top Audi in January sales

Hyundai deliveries climb 6.4%, outperform the market

Skoda sales in China decline 4.3% in January

GM unveils nine-speed automatic gearbox in China

Former Volvo China CEO joins EV maker

Chinese suppliers invest in U.S. component makers

Ningbo Jifeng Auto Parts to buy stake in German interior trim supplier

Light-vehicle deliveries dip in January

China sales of EVs, plug-in hybrids plunge 74% in January

Our Newsletter Editions
Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

Select your newsletter     

 

Automotive News China
Room 1303, Building 2, Lane 99, South Hongcao Road,
Shanghai 200233
Telephone: 86-139-1851-5816
Fax: 86-21-6495-0895
 
Home | Help Center | About Us | RSS
Entire contents © Crain Communications, Inc.
Use of editorial content without permission is strictly prohibited. All Rights Reserved.
ICP06057291