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  COMMENT
Cars become must-haves for families in China's small coastal cities
Yang Jian | 2015/2/27

SHANGHAI -- Just like bicycles in the 1980s, cars have become must-have items these days for families in China's small coastal cities. The trend -- evident as I traveled during the weeklong Lunar New Year holiday that ended Tuesday -- is good news for automakers. Pictured: Yang Jian is managing editor of Automotive News China.

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  China's vehicle inventories shrink due to strong January sales
Automotive News China | 2015/2/27

Vehicle inventories of dealerships across China dropped sharply to a 36-day supply in January from 46 days in December, according to the China Automobile Dealers Association. Stockpiles of vehicles produced in China -- including Chinese and foreign brands -- declined substantially as dealerships enjoyed strong sales before the Feb. 18-24 Lunar New Year holiday.

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  Volkswagen offers gasoline-powered up! microcar in China
Automotive News China | 2015/2/27

Volkswagen Group is importing a gasoline-powered version of the Volkswagen up! microcar into China, according to the group's Chinese website. The announcement lacks pricing information, but the Beijing website Autohome pegs the car's starting price at 116,900 yuan ($18,678).

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  GENEVA AUTO SHOW
Renault Kadjar crossover to be produced in China
Automotive News China | 2015/2/27

GENEVA -- Renault SA will use the Geneva auto show to showcase its Kadjar compact crossover -- the first Renault model to be produced in China. The Kadjar will use the same underpinnings as the Nissan Qashqai, Europe's top-selling compact crossover, but it will be slightly longer and wider.

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  LG Chem to supply EV batteries to 5 Chinese automakers
Automotive News China | 2015/2/27

South Korea's LG Chem will supply batteries for electric vehicles to five Chinese automakers from its plant in the east China city of Nanjing, according to Chinese media. Customers will be SAIC Motor Corp., China FAW Group Corp., Dongfeng Motor Corp., Chongqing Changan Automobile Co. and Qoros Automotive Co., reports Internet Info Agency, a Beijing-based website that covers China's auto industry.

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  Chery, 2 partners form EV car-sharing venture
Automotive News China | 2015/2/27

BEIJING -- Chery Automobile Co. has formed a partnership with two companies -- telematics provider Pateo Corp. and Internet car service platform Yongche Inc. -- to build electric vehicles for a car-sharing venture. The partners will invest 10 million yuan ($1.6 million) in the venture, reports the state-owned China Daily.

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  GENEVA AUTO SHOW
Qoros to showcase compact SUV for Europe
Automotive News China | 2015/2/27

GENEVA -- Qoros Automotive Co. will showcase its 3 City compact SUV next week at the Geneva auto show, offering a hint of its plans to expand its European presence. Qoros entered Europe in 2013 with vehicle sales in Slovakia. The company has not indicated when the 3 City SUV will go on sale in Europe. The vehicle is expected to join the Qoros 3 compact sedan and hatchback in Slovakia.

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  FAW-Toyota's subsidy for dealers to total 1.24 billion yuan
Automotive News China | 2015/2/24

FAW-Toyota will provide a subsidy of 1.24 billion yuan ($198.7 million) to its dealers by the end of June to cover their financial losses in 2014. Of that figure, 890 million yuan had been paid by the end of January and the remaining 350 million yuan will be paid in June, the China Automobile Dealers Association said.

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  Changan targets 4% sales growth in 2015
Automotive News China | 2015/2/24

Chongqing Changan Automobile Co. aims to sell 800,000 of its brands' vehicles this year, up 4 percent from 2014, according to Chinese media. In 2014, Changan's sales jumped 39 percent to 770,000 vehicles. Changan Party Secretary Zhu Huarong said the company's main challenges are to improve brand recognition and product quality, according to Securities Daily, a Beijing newspaper.

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  Proton to build Lotus vehicles in Quanzhou with China's Goldstar Heavy Industrial
Automotive News China | 2015/2/24

Proton Holdings Berhad, Malaysia's state-controlled carmaker, plans to build Lotus-brand vehicles in the east China port city of Quanzhou with China's Goldstar Heavy Industrial Co. Under the agreement signed this month, the new plant will produce cars and engines, according to the Quanzhou city government's website. Further details were unavailable.

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TOP 10 HEADLINES
OF THE LAST WEEK
Cars become must-haves for families in China's small coastal cities

China's vehicle inventories shrink due to strong January sales

Volkswagen offers gasoline-powered up! microcar in China

Renault Kadjar crossover to be produced in China

LG Chem to supply EV batteries to 5 Chinese automakers

Chery, 2 partners form EV car-sharing venture

Qoros to showcase compact SUV for Europe

FAW-Toyota's subsidy for dealers to total 1.24 billion yuan

Changan targets 4% sales growth in 2015

Proton to build Lotus vehicles in Quanzhou with China's Goldstar Heavy Industrial

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