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shanghai2015

  SHANGHAI AUTO SHOW
GM to spend 100 billion yuan by 2020 to boost China lineup, market share
Bloomberg | 2015/4/21

General Motors' joint venture with SAIC Motor Corp. in China plans to spend 100 billion yuan ($16 billion) by 2020 as global automakers step up investment to compete for market share. Shanghai GM aims to have a market share of more than 10 percent in five years, company President Wang Yongqing said in an interview on Sunday.

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  SHANGHAI AUTO SHOW
Volkswagen considers low-cost SUVs, minivans for China
Wire services | 2015/4/21

SHANGHAI -- Volkswagen is exploring the possibility of developing budget SUVs and minivans in China to keep up with shifts in the market, said Jochem Heizman, chief of VW China. Volkswagen will not outpace the industry's growth rate this year in China, after being caught out by a surge in demand for budget SUVs and minivans, he said.

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  SHANGHAI AUTO SHOW
GAC seeks U.S. dealers ahead of 2017 SUV launch; 2 China plants in works
Reuters | 2015/4/21

SHANGHAI -- Guangzhou Auto is searching for dealership partners in the U.S. and is researching how to comply with regulations to prepare for its planned 2017 launch there. The Chinese automaker plans to release the GS4 SUV in the U.S. first, General Manager Wu Song said. The light truck went on sale in China on Saturday. GAC also plans to spend roughly 6 billion yuan ($968 million) on two new China factories despite a slowdown in the world's largest car market.

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  SHANGHAI AUTO SHOW
Ford aims Taurus at Chinese business execs
Reuters | 2015/4/21

SHANGHAI -- Ford Motor Co.'s global premiere of the redesigned Taurus sedan in China underscores a shift in its U.S. home market from the big sedan to roomier, utilitarian SUVs. There's a similar trend in China, but there is still a decent appetite among Chinese buyers for large sedans while demand in the United States has stagnated.

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  SHANGHAI AUTO SHOW
Ghosn says Beijing should do more to spur EV sales
Hans Greimel | 2015/4/21

SHANGHAI -- Nissan CEO and electric vehicle champion Carlos Ghosn says he is disappointed with EV sales in China and that the government needs to step up incentives to help the green cars. Nissan Motor Corp., which sells a Leaf-based EV here through its Venucia domestic brand, has no plans to introduce more EVs until it can crack the code on selling that one, he added.

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  SHANGHAI AUTO SHOW
BMW Group, inspired by Google Glass, tests experimental driving goggles
Gabe Nelson | 2015/4/21

BMW Group thinks computerized headsets such as Google Glass could be the next big thing. So at the Shanghai auto show, BMW unveiled a prototype of goggles that would turn the world into a digital display, making it easier to follow navigation directions and park a BMW or Mini.

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  SHANGHAI AUTO SHOW
Audi aims Q7, A6L plug-in hybrids at Chinese buyers
Automotive News Europe | 2015/4/21

Audi will aim its next two gasoline plug-in hybrids at Chinese customers as the automaker seeks to maintain its sales lead over rivals BMW and Mercedes-Benz in the world's biggest auto market. The Audi Q7 e-tron 2.0 TFSI Quattro and the A6L e-tron will join the A3 Sportback e-tron in the carmaker's green lineup next year.

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  SHANGHAI AUTO SHOW
Buick Verano compact car makes China debut
Automotive News China | 2015/4/21

SHANGHAI -- General Motors unveiled the Buick Verano compact sedan in Shanghai on Sunday to expand its product lineup for the Chinese market. The car's design was inspired by two Buick concept models GM has launched since 2013: the Riviera and Avenir, according to Shanghai GM, GM's passenger vehicle joint venture with SAIC Motor Corp.

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  SHANGHAI AUTO SHOW
Mercedes shrinks SUV with GLC coupe concept
Automotive News | 2015/4/21

SHANGHAI -- Mercedes-Benz, which is introducing four SUVs this year, is considering the introduction of an all-new compact coupe version as early as 2016 as buyers continue to favor sporty models. Nearly 18 centimeters shorter than the midsize GLE coupe that will go on sale this year, the "near-production" concept car with a low sloping rear end would be pitted against the curvy BMW AG X4 SUV that went on sale in 2014.

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  VW group sales up 2% in China in first three months
Automotive News China | 2015/4/21

WOLFSBURG, Germany -- Volkswagen AG says its brands delivered 898,400 vehicles in China over the first three months, up 2 percent year on year as VW failed to keep pace with industry sales. In the first quarter, China's light-vehicle sales rose 9 percent.

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TOP 10 HEADLINES
OF THE LAST WEEK
Mercedes begins output of 2nd SUV in China

Geely's March sales surge 40% on demand for redesigned EC7, Vision

Qoros unveils SUV with German-inspired design

Toyota to boost China output by 100,000 vehicles as part of efficiency drive

How to keep growing despite China's sluggish economy

Kandi launches EV sales, plans expansion of car rentals

VW brand sales slip 0.6% in first 3 months

BMW AG deliveries advance 8.1% in March

VW-brand sales in China fall 0.6% in first three months

Shanghai will offer a fresh selection of SUVs, crossovers

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