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  Audi resolves distribution dispute with dealers
Reuters | 2017/5/23

BEIJING --  Audi AG struck a deal with its dealers in China, effectively resolving a dispute that could have disrupted the luxury company's business in its largest global market. Under the accord, Audi models from a potential partnership with SAIC will be distributed through the automaker's existing sales network in China.
>> Read Full Story
  BMW to boost China annual capacity to 450,000 cars, light trucks
Reuters | 2017/5/23

BMW AG's annual production capacity in China will reach 450,000 vehicles once an investment plan to upgrade the company's local factories is completed.  BMW produces light vehicles at two assembly plants in Shenyang, and has invested 1 billion euros (7.6 billion yuan) to adapt production lines for newer models over the past three years. 
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  PSA sales in China, Southeast Asia plunge in April
Automotive News China | 2017/5/23

PSA Peugeot Citroen's deliveries in China and southeast Asia plunged 56 percent year on year to 22,600 vehicles in April as it struggled to stabilize its shaky Chinese unit.  The French automaker did not disclose country-by-country sales, but China accounts for nearly all of PSA's Asian volume. 
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  Kia gets provincial OK to build 4th assembly plant
Automotive News China | 2017/5/23

Kia Motors' joint venture with Dongfeng Motor Co. received permission from Jiangsu province to build its fourth assembly plant in the east China city of Yancheng.  The provincial government disclosed the decision on its website last week, without disclosing details about the new factory.  It remains unknown whether Kia will construct the plant; the company's China sales have been hit by a nationalist backlash over Seoul's decision to deploy a U.S. missile defense system.
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  Dealership stockpiles approach 2-month supply in April
Automotive News China | 2017/5/23

Dealerships across China carried a 59-day supply of vehicles in April, up from the previous month's 50-day backlog as new-car sales started to decline.  Chinese-brand dealerships were burdened with the highest inventories -- a 74-day of supply, surging from 56 days a month earlier, according to the China Automobile Dealers Association.
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  Chinese regulator approves VW-JAC electric car venture
Reuters | 2017/5/23

Volkswagen AG and Anhui Jianghuai Automobile Group received approval from a Chinese regulator to form a joint venture to make electric vehicles, the two automakers said on Monday.  The National Development and Reform Commission, China's top state planner, gave a green light to the automakers to build 100,000 EVs annually. The partners will spend 5.1 billion yuan ($740 million), according to a JAC Motor stock exchange filing.
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  Dana to produce all-wheel-drive system in Chongqing
Automotive News China | 2017/5/23

U.S. supplier Dana Inc. will invest 160 million yuan ($13 million) to build a plant in the southwest China city of Chongqing to make all-wheel-drive components.  Construction of the 7,500 square-meter factory will begin next month. The plant is scheduled to open late next year and will employ 130 people at full production in 2020. 
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  COMMENT
Foreign automakers shouldn't fear Beijing's 2025 edicts
Yang Jian | 2017/5/19

SHANGHAI -- Beijing has been busy issuing edicts to automakers ever since it opened China to foreign investment.  The latest is a blueprint -- published just last month -- which is supposed to guide automakers through 2025.  It sets goals for EV sales, fuel economy and r&d expenditures, among other things. It even indicates which Chinese automakers should rank among the top 10 of global powerhouses.  Should foreign automakers take this stuff seriously? If history is any guide, they should keep an eye on the policies, but not worry themselves sick about them.  Pictured: Yang Jian is managing editor of Automotive News China.
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  China exports jump in April as Russia, Brazil economies recover
Automotive News China | 2017/5/19

Exports of cars and trucks from China jumped 26 percent year on year to 67,000 vehicles as emerging markets began to recover from recessions.  April marked the ninth straight month of export growth, the China Association of Automobile Manufacturers said.  Exporters enjoyed growing demand in emerging markets such as Russia and Brazil.  
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  BYD, Daimler to recapitalize unprofitable EV joint venture
Automotive News China | 2017/5/19

BYD Co. and Daimler AG will each invest 500 million yuan ($72.6 million) to shore up their debt-laden electric vehicle joint venture in China.  Shenzhen Denza New Energy Automotive Co. will increase its capitalization to 3.36 billion yuan, up from 2.36 billion yuan. According to BYD, the money will help Denza expand its distribution network and improve brand recognition.
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  Chery to begin selling third EV model in June
Automotive News China | 2017/5/19

Chery Automobile Co. plans to launch sales of its third electric vehicle, a compact sedan, next month to expand its EV lineup.  The car, a variant of Chery's Arrizo 5, is powered by lithium ion batteries and has a maximum speed of 152 kilometers per hour (94 mph) and a range of 351 km (218 miles) on a single charge, according to the company.
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  Used-vehicle sales rise 22% in 1st quarter
Automotive News China | 2017/5/19

Used-vehicle sales in China jumped 22 percent year on year to nearly 2.8 million cars and light trucks in the first quarter as demand remained strong for secondhand multipurpose vehicles, crossovers and SUVs.  Deliveries of used MPVs surged 54 percent to 157,900 vehicles, while sales of crossovers and SUVs rose 44 percent to 197,300 units, according to the China Automobile Dealers Association.
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  VW to recall 578,000 vehicles in China to fix headlight fuse
Reuters | 2017/5/19

FAW-Volkswagen Automobile Co. will recall nearly 578,000 Golf and Sagitar cars to fix a defective headlight fuse that may cause headlight failure.  The recall includes 416,364 Golfs produced from 2009 through 2014 and 161,226 Sagitars assembled from 2010 through 2012, according to China's quality watchdog, the General Administration of Quality Supervision, Inspection and Quarantine. 
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  BorgWarner supplies dual-clutch modules to Great Wall
Automotive News China | 2017/5/19

BorgWarner Inc. said it has begun supplying clutches and control modules to Great Wall Motor Co. for its seven-speed dual-clutch transmission.  The gearbox will be available in Great Wall's new Wey VV7 crossover, which was launched last month.  Prices for the VV7 range from 167,800 to 188,800 yuan ($24,400 to $27,400).
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  BMW becomes China's No. 1 luxury brand with April surge
Automotive News China | 2017/5/16

Sales of BMW and Mini vehicles in China jumped 39 percent to 48,869 in April.  The German automaker claimed bragging rights as China's No. 1 luxury brand after outselling Mercedes-Benz and Audi.  For the period, Mercedes sales rose 35 percent year on year to 47,627 vehicles, while Audi deliveries declined 6.9 percent to 46,166.
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  VW Group deliveries rise 1.5% in April
Automotive News China | 2017/5/16

Volkswagen Group's various brands sold 299,700 vehicles in China last month, up 1.5 percent year on year despite the continuing struggles of its Audi luxury brand.  The German automaker's namesake Volkswagen brand reported a 4.3 percent increase in deliveries on strong demand for crossovers. But Audi sales fell 6.9 percent, while Skoda deliveries declined 12 percent.
>> Read Full Story

  Audi insists on right to launch a 2nd dealer network in China
Automotive News China | 2017/5/16

Audi AG is backing away from an agreement with its China dealers that the company will not launch a second distribution network in the country.  Audi informed its dealers' association that the tentative accord, announced on March 28, is "not feasible," the association said.  Audi's reversal prolongs its standoff with dealers and adds to the uncertainty about its prospects in China.
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  Great Wall sales drop 8% in April despite discounts
Automotive News China | 2017/5/16

Great Wall Motor Co., China's largest producer of crossovers and SUVs,  had its  sales fall 8 percent year on year to 73,171 vehicles last month as a series of price cuts enacted last year failed to sustain demand.  April sales of the Haval H2 subcompact crossover and the Haval H7 compact crossover remained solid. But Great Wall's other three crossovers and two SUV models all suffered steep sales declines.
>> Read Full Story

  EV deliveries rise 7.9% in April
Automotive News China | 2017/5/16

Sales of battery-electric vehicles and plug-in hybrids in China have recovered for the second straight month, with deliveries rising 7.9 percent year on year to 34,361 vehicles in April.  EV deliveries jumped 19 percent to 28,570 vehicles while plug-in hybrid sales slumped 27 percent to 5,791 vehicles, according to the China Association of Automobile Manufacturers.
>> Read Full Story

  Volvo ships China-produced S90 sedans to Europe
Automotive News China | 2017/5/16

Volvo Car Corp. has started transporting Chinese-made S90 sedans to Western Europe one month after it began shipping the cars to the United States.  The sedans were built at Volvo's plant in the northeastern China city of Daqing. This is the first batch of cars Volvo has exported to Europe from China, Daqing's TV station reported.
>> Read Full Story

  VW counts on China, production volumes to halt Tesla's advance
Automotive News Europe | 2017/5/16

WOLFSBURG, Germany  -- Volkswagen AG is confident that it can become the global No. 1 seller of electric cars, leaving EV pioneer Tesla  in its rearview mirror.  VW brand chief Herbert Diess expects the brand will achieve its goal to sell 1 million battery-driven vehicles annually by 2025. He is also confident VW can accelerate past Tesla in the EV market because its new I.D. family of battery-powered cars will be able to do everything Tesla models can and "in some cases more." 
>> Read Full Story

  U.S. supplier plagued by management scandal in China
Automotive News | 2017/5/16

A management scandal in its Chinese office cost MTS Systems Corp. millions of dollars and played havoc with the automotive supplier's recent financial reports to the Securities and Exchange Commission.  Although the Minnesota-based company says damage was limited and no intellectual property was stolen, the incident could be a cautionary tale to other companies doing business in China. 
>> Read Full Story

  COMMENT
Will Beijing have to pay balky consumers to buy EVs?
Yang Jian | 2017/5/12

SHANGHAI -- Beijing has big dreams for electric vehicle sales in China.  The government expects China's annual EV sales will reach 2 million units by 2020 -- nearly four times the tally in 2016, according to a blueprint published last month for the country's domestic automakers.  But there's scant evidence that consumers want these vehicles -- despite big sales in recent years.  Pictured: Yang Jian is managing editor of Automotive News China.
>> Read Full Commentary

  Light-vehicle sales drop 3.7% on weak April demand for small cars
Automotive News China | 2017/5/12

China's light-vehicle sales slid 3.7 percent year on year to 1.72 million units in April, as Beijing's higher purchase tax dampened demand for small cars.  On Jan. 1, the central government raised the purchase tax on vehicles with engine displacements of 1.6 liters or smaller to 7.5 percent from 5 percent last year.
>> Read Full Story

  VW brand deliveries rise but Audi struggles
Automotive News China | 2017/5/12

 Volkswagen brand sales in China rose 4.3 percent year on year to 226,000 vehicles in April on strong demand for its crossovers and SUVs.  Meanwhile, Audi deliveries declined 6.9 percent to 46,166 vehicles last month, as the luxury brand began to recover from a costly dispute with dealers over its plans to expand its distribution network.
>> Read Full Story

  Honda, Toyota boost China sales in April
Automotive News China | 2017/5/12

BEIJING -- Honda Motor Co.'s China deliveries soared 29 percent year on year to 109,518 vehicles in April, as the automaker outpaced rivals Nissan Motor Co. and Toyota Motor Corp.  For the same period, Toyota's deliveries rose 7.2 percent to 108,300 vehicles, while Nissan sales increased 9.5 percent to 105,324.
>> Read Full Story

  BMW plans to double light-vehicle output in China
Automotive News China | 2017/5/12

BMW AG plans to double production capacity in China to 600,000 light vehicles over the next five years, the German newspaper Handelsblatt reported, citing company sources.  The German automaker also wants to build the X5 midsize crossover in China, as well as the X1 and X3, the newspaper said.
>> Read Full Story

  BYD to build electric bus assembly plant in Ecuador
Automotive News China | 2017/5/12

BYD Co. plans to assemble electric buses in Ecuador, part of the automaker's effort to maintain momentum in the fast-growing segment.  Under a memorandum of understanding signed with the Ecuadorean government, BYD will build a $60 million (414 million yuan) assembly plant in Guayaquil, a port city in southwestern Ecuador.  
>> Read Full Story

  Smart, S class help drive big April gain for Mercedes
Automotive News China | 2017/5/9

Mercedes-Benz's China sales rose 35 percent year on year to 47,627 vehicles in April on strong demand for Smart city cars.  The automaker's sales are growing at both ends of the sales spectrum, with the entry-level Smart brand, and in the executive segment with the S-class flagship sedan. Last month, Mercedes introduced the redesigned S class at the Shanghai auto show.
>> Read Full Story

  Ford April sales rise 11% on demand for trucks, Lincoln cars
Automotive News China | 2017/5/9

Ford Motor Co.'s China deliveries staged a strong rebound in April after a steep decline in the first quarter, with volume advancing 11 percent year on year to 93,967.  The automaker received a lift from strong sales at its commercial vehicle joint venture, Jiangling Motor Corp., and the Lincoln luxury brand.
>> Read Full Story

  Ferrari supercar fight prompts embezzlement lawsuits in China
Bloomberg | 2017/5/9

Some of the rarest cars in the world are at the heart of a London lawsuit embroiling an associate of one of China's wealthiest men.  Zhao Hua Chen, who works for Chinese aluminum billionaire Zhongtian Liu, has accused Eric Po Chi Shen of buying real estate, rare red diamonds and supercars with money he embezzled while acting as his financial adviser, according to court documents filed in London's High Court.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Foreign automakers shouldn't fear Beijing's 2025 edicts

China exports jump in April as Russia, Brazil economies recover

BYD, Daimler to recapitalize unprofitable EV joint venture

Chery to begin selling third EV model in June

Used-vehicle sales rise 22% in 1st quarter

VW to recall 578,000 vehicles in China to fix headlight fuse

BorgWarner supplies dual-clutch modules to Great Wall

BMW becomes China's No. 1 luxury brand with April surge

VW Group deliveries rise 1.5% in April

Audi insists on right to launch a 2nd dealer network in China

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