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  COMMENT
What has emboldened GAC to enter U.S.?
Yang Jian | 2018/1/19

China's state-owned automakers tend to be risk-averse creatures.  As profits pour in from their partnerships with foreign automakers, they hesitate to rock the boat.  So why is Guangzhou Automobile Group Co. behaving differently? What led the company to disclose plans this week to enter the U.S., widely viewed as the world¡¯s toughest market?  Pictured: Yang Jian is managing editor of Automotive News China.
>> Read Full Commentary

  VW Group edges GM in 2017 sales race
Automotive News China | 2018/1/19

Volkswagen Group said its various brands sold 4.18 million vehicles in China last year, up 5.1 percent year on year as the automaker¡¯s Audi brand continued its recovery from a dealer boycott.  Volkswagen outsold rival General Motors, whose China deliveries rose 4.4 percent to 4.04 million. The company also gained share in a sluggish market. 
>> Read Full Story

  GM targets China for most of its future EV sales
Reuters | 2018/1/19

General Motors¡¯ China unit will market a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.  In a briefing at GM headquarters in Detroit, Tsien said, "China is at the heart of our electrification strategy."
>> Read Full Story

  Toyota adds production line with GAC
Automotive News China | 2018/1/19

GAC Toyota Motor Co. this week launched a third production line at its assembly plant in the south China city of Guangzhou.  The new line initially will assemble up to 100,000 vehicles a year, raising GAC Toyota¡¯s annual production capacity to 500,000 vehicles. 
>> Read Full Story

  GAC's U.S. drive runs into Washington opposition
Reuters | 2018/1/19

Guangzhou Automobile Group Co.¡¯s plan to sell vehicles in the United States ran afoul of Washington trade politics on Wednesday, as the top Senate Democrat and President Donald Trump separately criticized Chinese trade practices. 
>> Read Full Story

  PSA sales in China, Southeast Asia slump
Automotive News China | 2018/1/19

PSA Peugeot Citroen's sales in China and Southeast Asia fell 37 percent to 387,007 vehicles last year.  The French automaker did not release country-by-country results for Asia but China represents nearly all of its deliveries in the region.  All three PSA brands suffered steep sales declines.  
>> Read Full Story

  Geely raises 1 billion yuan for Cao Cao ride-hailing service
Automotive News China | 2018/1/19

Zhejiang Geely Holding Group has raised 1 billion yuan ($155 million) in the first round of fundraising for its Cao Cao ride-hailing service.  The funds will enable the service to serve a broader group of customers, Cao Cao Chairman Liu Jinliang said in a statement. 
>> Read Full Story

  Audi fends off BMW, Mercedes in China's luxury sales race
Automotive News China | 2018/1/16

Audi AG is still China's top luxury vehicle seller -- barely.  Last year, Audi sold 597,866 vehicles in China, up 1.1 percent from 2016, narrowly edging BMW AG, which sold 594,388 BMWs and Minis, up 15 percent. Daimler AG remained third although sales of Mercedes and Smart vehicles soared 26 percent to 587,868.
>> Read Full Story

  Electrified vehicle sales surge 53% in 2017
Automotive News China | 2018/1/16

Deliveries of all-electric vehicles and plug-in hybrids jumped 53 percent year on year to 777,000 vehicles in 2017 with the aid of government subsidies.  Automakers sold 652,000 all-electric vehicles and 125,000 plug-in hybrids, said the China Association of Automobile Manufacturers.
>> Read Full Story

  Japanese brands zoom in China as U.S. sales cool
Hans Greimel | 2018/1/16

TOKYO -- Japanese automakers' U.S. sales slid mostly sideways last year, but their China business is booming.  Two manufacturers, Mazda Motor Corp. and Mitsubishi Motors Corp., finally are selling more vehicles in the world¡¯s biggest market than in the United States.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
What has emboldened GAC to enter U.S.?

VW Group edges GM in 2017 sales race

GM targets China for most of its future EV sales

Toyota adds production line with GAC

GAC's U.S. drive runs into Washington opposition

PSA sales in China, Southeast Asia slump

Geely raises 1 billion yuan for Cao Cao ride-hailing service

Audi fends off BMW, Mercedes in China's luxury sales race

Electrified vehicle sales surge 53% in 2017

Japanese brands zoom in China as U.S. sales cool

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