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  Samsung gains EV foothold in China with 3 billion yuan BYD stake
Bloomberg | 2016/7/26

A unit of Samsung Electronics Co. bought a $449 million (3 billion yuan) stake in BYD Co., gaining a key access point to China's electric-vehicle market.  Samsung pursued a stake in BYD after an affiliate was among foreign battery makers left off a list of suppliers approved by China, where sales of EVs are surging.

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  Passenger vehicle exports, aided by Volvo and GM, rise for 3rd straight month
Automotive News China | 2016/7/26

China's passenger vehicle exports grew for the third consecutive month, rising 13 percent year on year to 43,000 in June, according to the China Association of Automobile Manufacturers.  While major Chinese exporters such as Great Wall Motor Co. and Geely Automobile Holdings posted a drop in shipments last month, General Motors and Volvo Car Corp. boosted exports to North America.
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  Nissan to introduce self-driving cars in China as early as 2018
Automotive News China | 2016/7/26

Nissan Motor Co. plans to market an autonomous car in China sometime after 2017 as part of a global plan to commercialize self-driving technology.  The vehicle, the Nissan Serena compact sedan, is equipped with Nissan's ProPilot technology. It can accelerate, brake and steer autonomously when driven in a single lane.
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  Struggling Chevy hopes for boost from redesigned Cruze
Automotive News China | 2016/7/26

General Motors launched sales of the redesigned Chevrolet Cruze last week to boost  Chevrolet's flagging local sales.  The new vehicle has a starting price of 109,900 yuan ($16,200), according to SAIC-GM, GM's passenger vehicle joint venture with SAIC Motor Corp.
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  Chery's deputy sales chief joins Hawtai Motor, report says
Automotive News China | 2016/7/26

Hawtai Motor Group Co. hired Wang Chaoyun, former deputy sales chief for Chery Automobile Co., to lead its sales operations, according to a Chinese media report.  The appointment became effective earlier this month, reported Tencent.com, a Guangzhou-based website.
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  Goodyear to expand passenger car tire output in China
European Rubber Journal | 2016/7/26

 Goodyear is planning to add 3 million units of annual capacity for passenger tires at its Dalian, Liaoning, plant, under a five-year, $284 million (1.9 billion yuan) investment project.  The investment "will help enable the company to meet long-term demand ... for its high-value-added tires in China and other Asia Pacific markets," Goodyear said. 
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  China's vehicle fleet rises 18% to 184 million
Automotive News China | 2016/7/26

The number of vehicles on the roads in China approached 184 million at the end of June, an increase of 18 percent from a year earlier.  The figure includes 147 million light vehicles, of which 92 percent were privately owned, according to information released by China's ministry of public security.
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  COMMENT
How China's economic problems could help the auto industry
Yang Jian | 2016/7/22

Beijing this week announced that foreign companies will be allowed to produce EV batteries, electric motors, battery management systems and electronics without forming joint ventures with Chinese partners.  It's a revealing development. Previously, Beijing had hoped the joint ventures would give Chinese automakers access to foreign EV technology. That never happened and now the government has other priorities.  The Chinese economy is in big trouble, so Beijing wants to lend a boost to the auto industry, one of the few healthy players among China's 40 industrial sectors.  Pictured: Yang Jian is managing editor of  Automotive News China.
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  Former Fujian Motor chairman faces corruption charges
Automotive News China | 2016/7/22

Lian Xiaoqiang, former chairman of Fujian Motor Industry Group Co., has been arrested on charges he took bribes, China's Supreme People's Procuratorate announced this week.  Lian, 62, has been investigated for corruption since April by the local Communist Party in the east China province of Fujian, where state-owned Fujian Motor is headquartered.
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  Hyundai dealers, citing losses and import cuts, seek 800 million yuan in relief
Reuters | 2016/7/22

BEIJING  -- A group of Hyundai Motor Co. dealers in China seeks 800 million to 900 million yuan ($120 million to $135 million) in compensation from the automaker, saying Hyundai has cut the supply of models that it exports, resulting in dealership losses and closures.  The group's leader, Wang Rongzhen, told Reuters on Wednesday that the automaker has scaled back the range of models it ships from Korea while it increases output in China.
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TOP 10 HEADLINES
OF THE LAST WEEK
How China's economic problems could help the auto industry

Former Fujian Motor chairman faces corruption charges

Hyundai dealers, citing losses and import cuts, seek 800 million yuan in relief

Infiniti sales rise 12% in June after 2-month decline

Dealership inventories rise as automakers pursue ambitious sales targets

China bans road tests of self-driving cars until rules are set

Rebound in auto sales takes hold with strong first half

Take that, Tesla. China's BYD shows Musk how it's done

Ningbo Joyson's Key Safety Systems plans bid for embattled airbag maker Takata, report says

Audi, BMW see modest sales advances; Mercedes gains share in June

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