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  COMMENT
Shanghai show to measure progress of China's would-be Teslas
Yang Jian | 2017/3/24

SHANGHAI -- At least six startups funded by Chinese backers have hatched plans to develop high-performance electric vehicles.  They all want to be the next Tesla, but most of them have yet to reveal a single vehicle.  It's logical to wonder how much progress these companies have made.  Well, the ideal place to check it out will be the Shanghai auto show, which opens on April 20.  Pictured: Yang Jian is managing editor of Automotive News China.
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  Geely profits more than double as Volvo tech boosts sales
Reuters | 2017/3/24

Geely Automobile Holdings posted its biggest profit growth in eight years as improved product design and engineering since its 2010 purchase of Volvo helped propel it to record sales.  For 2016, Geely's net profit more than doubled to 5.1 billion yuan ($741 million), its strongest growth since 2008.
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  Dealer stockpiles spike as China's sales growth flattens
Automotive News China | 2017/3/24

Dealership inventories across China surged to 68 days in February, up from 48 days in the previous month, the China Automobile Dealers Association said.  The association blamed the sharp rise in stockpiles on China's higher sales tax on small vehicles.  In February, dealers that sell domestic brands carried a 76-day supply, up from 58 days in January.
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  Chery files trademark complaint against Mercedes over EV brand
Reuters | 2017/3/24

BEIJING  -- Chery Automobile Co. filed a complaint with China's trademark regulator over Mercedes-Benz's use of the "EQ" name for a line of electric vehicles, throwing up a potential road block for the Daimler AG unit.  A Chery spokeswoman said Thursday that the automaker had filed a complaint with the Trademark Office of the State Administration for Industry and Commerce, which it hopes will bar Mercedes from using the name in China.
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  Buick to roll out plug-in hybrids in China
Automotive News China | 2017/3/24

SHANGHAI -- General Motors plans to introduce plug-in hybrid versions of Buick models this year to meet tougher local fuel economy standards.  The plug-in hybrids will be fitted either with GM's 1.0-liter or 1.3-liter turbocharged engine and a nine-speed transmission, the company said.
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  BMW CEO expects China to clarify EV quota
Reuters | 2017/3/24

BMW CEO Harald Krueger expects Chinese authorities to soon clarify the size of a proposed quota for electric vehicles as the German carmaker overhauls its production system to make more zero-emission vehicles.  
"The rules have not yet been finalized," Krueger told journalists at the company's annual news conference this week. "We will react accordingly. We expect clarity in the next weeks rather than months."
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  China to energize used-car market to spur new-vehicle sales
Bloomberg | 2017/3/24

China will take more steps to encourage used-car sales to prompt owners to sell their old vehicles and buy new ones.  The used-car market is likely to continue its rapid expansion, the Ministry of Commerce said. The ministry added that it has not yet decided whether to resume incentives for rural residents to buy new cars.
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  LeEco appoints new CEO for electric-car unit
Automotive News China | 2017/3/24

LeEco, a Chinese technology company, promoted Zhang Hailiang, COO of its electric vehicle division, to be the unit's new CEO.  The appointment took effect on Monday. LeEco promoted Zhang after his predecessor, Ding Lei, resigned for health reasons.
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  VW Group deliveries fall 9.6% to start year
Automotive News China | 2017/3/21

Volkswagen AG says combined deliveries of its brands in China fell 9.6 percent year on year to 567,000 vehicles in the first two months.  The company's VW, Skoda and Audi brands all suffered declining sales for the period -- an indication that a recovery will be difficult.
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  COMMENT
Americans won't see Chinese cars at bargain-basement prices
Michael Dunne | 2017/3/21

For years, American consumers have been wondering just when they would witness the arrival of ultralow-priced Chinese cars.  Turns out, maybe never.  Chinese automakers plan to compete in America -- but not on price as the Japanese and Koreans did before them.  Instead, they will market quality vehicles with above-average stickers. Pictured:  Michael Dunne is president of Dunne Automotive.  

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