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  VW Group's 2018 deliveries edge up despite weak VW brand volume
Automotive News China | 2019/1/15

Volkswagen Group¡¯s deliveries in China inched up 0.5 percent year on year to 4.21 million vehicles in 2018, as gains by Audi, Porsche and Skoda more than offset a loss by VW brand.
>> Read Full Story

  Bumpy ride ahead for automakers after tough 2018
Reuters | 2019/1/15

Carmakers in China are bracing for zero to tepid growth in sales this year, after a tough 2018 when the world's top auto market probably contracted for the first time in two decades, as slowing economic growth drags on demand.
>> Read Full Story

  Ford deliveries slump 37% in 2018 on dismal car demand
Automotive News China | 2019/1/15

Ford Motor Co.¡¯s deliveries in China last year plunged 37 percent from a year earlier to 752,243.   Leading the company¡¯s sales slump was its passenger vehicle joint venture in China, Changan Ford, which builds and markets Ford brand sedans and crossovers. 
>> Read Full Story

  BMW's December China sales growth outpaces Audi, Mercedes-Benz
Automotive News China | 2019/1/15

BMW Group, the third-largest luxury vehicle seller in China, posted a 21 percent year-on-year sales increase in December, outpacing the growth of German rivals Audi and Mercedes-Benz in the market.
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German exports to China from U.S. plunge in 2018
Reuters | 2019/1/15

FRANKFURT -- German automakers appealed for tariff-free trade to preserve jobs in Europe and the United States, as the country's auto industry association reported exports of German light vehicles from the United States to China dropped 37 percent last year.

>> Read Full Story

  GM China sales fall 9.9% in 2018
Automotive News China | 2019/1/11

General Motors¡¯ deliveries in China fell 9.9 percent to 3.64 million in 2018 because of a weaker domestic economy.   Every brand the Detroit automaker markets with local partner SAIC Motor Corp., aside from Cadillac, recorded a sharp decline in sales last year. 
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  VW, China spearhead $300 billion global drive to electrify cars
Reuters | 2019/1/11

Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition from fossil fuels and shifting power to Asian battery and electric vehicle technology suppliers.
>> Read Full Story

  Audi taps Infiniti's China chief to lead local sales
Automotive News China | 2019/1/11

Audi named Lu Yi, former China head of Infiniti, executive vice president of its Chinese operations, effective Thursday.   Lu will oversee sales and marketing for Audi in China and report directly to Audi¡¯s China president, Thomas Owsianski, the German luxury brand said.
>> Read Full Story

  Foton to sell 67% stake in Borgward to ride-hailing company, consultant
Automotive News China | 2019/1/11

Chinese truckmaker Beiqi Foton Motor Co. agreed to sell a 67 percent stake in Borgward, the German SUV brand it revived four years ago, to two domestic companies -- ride-hailing provider Ucar Inc. and consulting firm Changsheng Xingye Enterprise Management Advisory Co. 
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  VW, bucking shrinking market, predicts gains in China
Bloomberg | 2019/1/8

Volkswagen Group said it will boost sales in China this year by adding new models that will help avoid the downward pull of a market that is expected to have its first annual decline in at least two decades.   The world¡¯s largest automotive group is "confident" of more growth in 2019, incoming China CEO Stephan Wollenstein said Monday at a briefing in Beijing. 
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Regulatory chaos, confusion reign over EV market

GM China sales fall 9.9% in 2018

China to cut taxes, fees for manufacturers in 2019

Beijing mulls policies to encourage auto purchases in rural China

VW, China spearhead $300 billion global drive to electrify cars

VW plans China venture for charging EVs

Audi taps Infiniti's China chief to lead local sales

China wants Elon Musk to help promote stable ties with U.S.

Foton to sell 67% stake in Borgward to ride-hailing company, consultant

Byton seeks to raise $500 million

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