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  BMW poised to become China's No. 1 luxury brand
Automotive News China | 2017/12/15

BMW AG's deliveries in China rose 12 percent year on year in November to 55,293 vehicles -- a result that positions the automaker to be China¡¯s top-selling luxury brand this year.  For the period, Audi sales rose 6.5 percent to 56,208 units while Mercedes-Benz deliveries increased 22 percent to 50,813. 
>> Read Full Story
  VW-brand sales rise 16% in November
Automotive News China | 2017/12/15

Volkswagen-brand deliveries in China rose 16 percent to 331,100 vehicles last month, positioning the German automaker for a strong year-end sales push.  The VW brand significantly out-performed the overall market. In November, industry sales of light vehicles declined 0.03 percent.
>> Read Full Story

  EV demand continues to soar
Automotive News China | 2017/12/15

Sales of all-electric vehicles and plug-in hybrids in China surged 83 percent to 119,000 vehicles last month as government subsidies continue to attract buyers.  In November, 102,000 EVs were delivered, a gain of 75 percent from a year earlier, according to the China Association of Automobile Manufacturers. Plug-in hybrid deliveries shot up 154 percent to 17,000 vehicles. 
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  BYD plans EV assembly plant in Morocco
Automotive News Europe | 2017/12/15

BYD Auto Co. signed an agreement to open an assembly plant in Morocco to build battery-powered passenger cars, buses and trucks.  The factory will be located in Mohamed VI Tangier Tech City, which is part of a new project between China and Morocco to create what some are calling a North African Silicon Valley.
>> Read Full Story

  Mazda deliveries rise behind demand for fuel-efficient cars
Automotive News China | 2017/12/15

Mazda Motor Corp.'s China sales increased 11 percent to 33,546 vehicles in November on strong demand for vehicles equipped with Skyactiv direct-injection engines.  The Japanese automaker currently builds four models in China that are fitted with Skyactiv powertrains: the Mazda6 Atenza, the Axela, the CX-4 and the CX-5.
>> Read Full Story

  REV Group to build vehicles with Chery in Wuhu
Automotive News China | 2017/12/15

U.S. special-vehicle maker REV Group is forming a joint venture with Chery Automobile Co. to build recreational vehicles and ambulances in the east China city of Wuhu.  Under the agreement, the joint venture will build an assembly plant in Wuhu. 
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  China sales slip in Nov. on weaker car, MPV demand
Automotive News China | 2017/12/12

Sales of light vehicles in China declined 0.03 percent to 2.6 million vehicles in November from a year earlier, marking the first time the market failed to rise in nearly two years, the China Association of Automobile Manufacturers reported. The slight year-on-year dip reflected explosive sales growth a year earlier, noted John Zeng, Asian director of LMC Automotive. 
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  Ford deliveries fall despite strong Lincoln volume
Automotive News China | 2017/12/12

Ford Motor Co. continued to lose market share in November with China sales falling 8 percent to 117,593 from a year earlier.  Deliveries at Changan Ford Motor Co. fell 12 percent to 84,231 light vehicles.  Sales at Jiangling Motor Corp., a Ford joint venture that builds commercial vans, SUVs, multipurpose vehicles and JMC-badged trucks, edged down 1 percent to 26,083.
>> Read Full Story

  BAIC to halt sales of gasoline-powered vehicles in 2025
Automotive News China | 2017/12/12

BAIC Motor Group will halt production and sales of internal-combustion vehicles in China by 2025, Chairman Xu Heyi said.  The state-owned automaker plans to take a major step toward that goal in 2020, when it will halt the sale of fossil fuel-powered vehicles in Beijing, he added.
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  Audi, Mercedes rack up Nov. sales gains
Automotive News China | 2017/12/12

Audi AG said its deliveries rose 6.5 percent year on year in November to 56,208 -- enough to re-establish itself as China's No. 1 luxury brand.  Audi, in a statement, noted that the A4 sedan accounted for the largest share of the company's November sales growth. Mercedes-Benz sales in China increased 22 percent to 50,813 units last month.
>> Read Full Story

  Great Wall deliveries rise behind pickups, crossovers
Automotive News China | 2017/12/12

Great Wall Motor Co.'s China sales edged up 1.5 percent to 131,062 vehicles last month as demand remained strong for pickups and premium crossovers.  November deliveries of the company¡¯s Wingle pickups surged 26 percent to 11,777.  Great Wall is also enjoying rising demand for the Wey premium brand launched this summer.  
>> Read Full Story

  WM Motors to launch Weltmeister EV brand next year
Reuters | 2017/12/12

WM Motor Technology Co., one of a new breed of Chinese electric car companies, will introduce the "Weltmeister" brand and start taking orders for its first product, an SUV, in April.  The Shanghai-based startup will start launch production at a new plant in Wenzhou during the second quarter of next year, said company CEO Freeman Shen.
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  China to be Ford's test lab for online sales
Automotive News | 2017/12/12

Ford Motor Co. is using the world's largest vehicle market as a test bed for alternatives to traditional dealer showrooms.  The automaker last week introduced a partnership with Alibaba Group Holding to explore the possible sale of Ford vehicles in China on Alibaba's online retail platform Tmall. 
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  COMMENT
How China plans to create a giant state-owned automaker
Yang Jian | 2017/12/8

SHANGHAI -- In recent years, Beijing has forced the consolidation of state-owned industries such as steelmaking, railway equipment and coal mining.  The idea was to force these inefficient companies to cut costs, develop new products and turn a profit. And now it¡¯s the auto industry¡¯s turn.  Last week, three state-owned automakers announced plans to share technology, powertrains, platforms and purchasing. Their ultimate goal: to create a global auto giant. Pictured: Yang Jian is managing editor of Automotive News China.
>> Read Full Commentary

  GM sales rise 13% in November as Baojun, Cadillac thrive
Automotive News China | 2017/12/8

General Motors said deliveries of its various brands rose 13 percent year on year to 418,225 vehicles in November, on strong demand for luxury cars and entry-level models.  For the month, Cadillac sales jumped 23 percent to 16,629 units, led by its best-selling model, the XT5 luxury SUV. 
>> Read Full Story

  Nissan tops Honda, Toyota in November sales
Automotive News China | 2017/12/8

BEIJING -- Nissan Motor Co.'s passenger vehicle deliveries in China jumped 22 percent year on year in November to 165,656 vehicles, as the automaker fended off a sales challenge from Honda Motor Co.  Honda, whose deliveries for the period rose 11 percent to 140,972 vehicles, had steadily narrowed its sales gap with Nissan over the past two years.
>> Read Full Story

  Ford, Alibaba sign deal that could allow automaker to sell cars online in China
Automotive News China | 2017/12/8

Ford Motor and Alibaba Group Holding have signed a deal to explore cooperation in areas such as cloud computing, connectivity and retail which could involve the sale of Ford cars on Alibaba's online retail platform Tmall.  Two Alibaba subsidiaries -- digital marketer Alimama and operating system company AliOS -- will work with Ford under the three-year agreement.
>> Read Full Story

  Geely sales jump 38% in November, will beat 2017 sales goal
Automotive News China | 2017/12/8

Geely Auto's sales jumped 38 percent year on year to 141,265 vehicles in November, positioning the private Chinese carmaker to blow past its annual sales goal.  In the first 11 months, the company¡¯s deliveries have soared 66 percent to 1.09 million vehicles -- 99 percent of its sales target for 2017.
>> Read Full Story

  Volvo sales jump 24% in November
Automotive News China | 2017/12/8

Volvo Car Corp.'s China sales jumped 24 percent year on year to 11,259 vehicles in November, on steady demand for locally produced models.  The company said it enjoyed strong sales of the S60 sedan, the long-wheelbase S60, and the XC60 crossover.
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  Ford's China blitz: 50 new models by 2025
Reuters | 2017/12/8

Ford Motor Co. will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, the automaker said at an event in Shanghai on Tuesday.  Ford's sales in China have been weak in recent months, and the company is scrambling to introduce electric vehicles to comply with Chinese EV production quotas that will take effect in 2019.
>> Read Full Story

  Baidu to help fund Chinese EV start-up WM Motors
Reuters | 2017/12/8

Chinese electric vehicle startup WM Motor Technology Co. will receive a sizable investment from a group led by Baidu Capital, WM Motor¡¯s CEO told Reuters.  Freeman Shen, who left Zhejiang Geely Holding Group Co. to establish WM Motor, said the investors also include Chinese venture capitalist Amiba Capital and U.S. trading firm Susquehanna International Group LLP.
>> Read Full Story

  Hyundai deliveries plummet but the bottom may be near
Automotive News China | 2017/12/5

Beijing Hyundai Motor Co.¡¯s November deliveries slumped 25 percent year on year to 95,012 but the company¡¯s sales may be starting to stabilize. Hyundai¡¯s November sales were 18 percent higher than the company¡¯s October results -- a sign that anti-Korean tensions in China are easing.
>> Read Full Story

  FAW, Dongfeng, Changan form tech venture
Automotive News China | 2017/12/5

China FAW Group Corp., Dongfeng Motor Co. and Chongqing Changan Automobile Co. are forming a broad partnership to jointly develop vehicles and electric-vehicle technologies, and coordinate expansion overseas. The three state-owned automakers will jointly develop vehicle platforms and powertrains, and coordinate purchasing, vehicle production and shipments. 
>> Read Full Story

  China will extend tax rebate to spur EV sales
Bloomberg | 2017/12/5

China plans to extend a tax rebate on the purchase of electric vehicles, according to people with direct knowledge of the matter.  China¡¯s government will continue to exempt the 10 percent purchase tax on EVs at least through 2020, the sources said. The current tax rebate policy is due to expire at the end of this year. 
>> Read Full Story

  Faraday Future struggles to raise cash
Bloomberg | 2017/12/5

The dwindling empire of billionaire Jia Yueting, who once boasted he would leapfrog Tesla, faces a new hurdle as his U.S. electric car startup struggles to raise $500 million (3.2 billion yuan).  A convertible note of $400 million, with a 12 percent interest rate, becomes payable immediately if Faraday Future can't raise the funds by December, sources said. 
>> Read Full Story

  GM recalls 939,000 cars to fix faulty fuel tanks
Reuters | 2017/12/5

One of General Motors¡¯ Chinese ventures will recall nearly a million vehicles because of fuel tank problems, the country¡¯s quality watchdog said.  It is the latest in a spate of major recalls in China over the last few months.  SAIC-GM-Wuling Automobile Co. is a three-way partnership of SAIC Motor Corp., General Motors and Guangxi Automobile Group, formerly known as Wuling Motors.
>> Read Full Story

  IAC names new China chief
Automotive News China | 2017/12/5

International Automotive Components named Daniel Linder vice president of its China operations.  Linder will be based in IAC¡¯s regional headquarters in Shanghai.  He succeeds Yang Qiu Ming.
>> Read Full Story

  Faurecia, local auto parts maker partner to supply GM Wuling
Automotive News China | 2017/12/5

French auto parts maker Faurecia established a joint venture with Wuling Industry Co. to supply interior components to SAIC-GM-Wuling Automobile Co. and other customers.  The joint venture will produce instrument panels, center consoles, door panels and acoustic parts for Baojun passenger vehicles and Wuling microvans.
>> Read Full Story

  BYD delivers 10 electric buses to Japan's Okinawa island
Automotive News China | 2017/12/5

BYD Co., China¡¯s largest electric vehicle maker, delivered 10 electric buses to the Japanese island Okinawa last week. The buses will be used as shuttles at Okinawa¡¯s Naha port, BYD said.   It is the second time that BYD has shipped K9 electric buses to the Japanese market.  
>> Read Full Story

  COMMENT
Why investors search for a Chinese Tesla
Yang Jian | 2017/12/1

Tesla Inc. has yet to build any vehicles in China and its import sales in the country are modest.  Yet this "boutique" automaker -- which has never turned a profit -- has become the darling of China¡¯s media, investors and entrepreneurs.  Pictured: Yang Jian is managing editor of Automotive News China.
>> Read Full Commentary

  Daimler rejects Geely's offer to buy 5% stake
Reuters | 2017/12/1

Daimler AG turned down an offer from Zhejiang Geely Holding Group to take a stake of up to 5 percent in the German company via a discounted share placement, sources said. Geely is eager to access Daimler's electric-vehicle battery technology and wants to establish an EV joint venture in Wuhan, sources said.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Thriving Baojun bodes well for GM's future in China

BMW poised to become China's No. 1 luxury brand

VW-brand sales rise 16% in November

EV demand continues to soar

BYD plans EV assembly plant in Morocco

Mazda deliveries rise behind demand for fuel-efficient cars

REV Group to build vehicles with Chery in Wuhu

China sales slip in Nov. on weaker car, MPV demand

Ford deliveries fall despite strong Lincoln volume

BAIC to halt sales of gasoline-powered vehicles in 2025

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