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  Hyundai's China JV targets 10 percent sales growth in 2017
Automotive News China | 2017/1/24

Beijing Hyundai Motor Co.  aims to grow China sales 10 percent this year to 1.25 million vehicles.  To boost sales, the 50-50 joint venture between Hyundai Motor Co. and Beijing Motor Group Co. will launch the new ix35 crossover as well as the Yudong Elantra and the Verna compact cars this year.


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  Lincoln to slow expansion of China dealer network this year
Automotive News | 2017/1/24

Lincoln will continue to expand in China this year, but the pace of growth for its dealership network will likely slow.  Ford Motor Co.'s luxury brand exceeded its target by building its dealer network up to 65 stores in dozens of cities as of Dec. 31, up from 30 stores in 2015.  But Lincoln President Kumar Galhotra said the rate of dealership openings will cool in 2017. 
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  Beijing approves first wave of green models eligible for subsidies
Reuters | 2017/1/24

The Chinese government issued the first list of "recommended" electric vehicles and plug-in hybrids, paving the way for 185 car models to receive subsidies.  Beijing has spent billions of yuan promoting these vehicles to help Chinese automakers develop technology to surpass foreign competitors and curb pollution. But widespread cheating in the subsidy program prompted the government to cap subsidies and raise technical standards for applicants. As a result, all models previously approved for subsidies are required to reapply.
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  Mazda's sales surge 21% in 2016 on demand for efficient powertrains
Automotive News China | 2017/1/24

Mazda Motor Corp. sold 285,653 vehicles in China last year -- up 21 percent from 2015 -- as demand remained strong for its efficient Skyactiv powertrains.  Mazda said it got a boost from four nameplates -- the Mazda3 Axela, CX-4, CX-5 and Mazda6 Atenza -- that are equipped with Skyactiv direct-injection engines.
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  Volvo appoints Yu Xiaolin new Asia chief
Automotive News China | 2017/1/24

Volvo Car Corp. named Yu Xiaolin to succeed Lars Danielson as senior vice president of the company's Asia-Pacific operations.  The appointment takes effect on March 1; Danielson will retire at the end of February.  For the past two years, Yu has been Volvo's deputy vice president for the Asia region. Last year, he also became Volvo's China sales chief.
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  VW plans to build first EVs with JAC in 2018
Reuters | 2017/1/24

BEIJING --  Volkswagen Group plans to make its first electric cars with China's Anhui Jianghuai Automobile by 2018 and hopes the joint venture will get government approval in the first half of this year, Jochem Heizmann, VW's China CEO said.  Heizmann made the comments after he signed a preliminary deal at a media briefing in Beijing on Thursday. 
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  Dealer inventories plunge in December as consumers rush to beat tax deadline
Automotive News China | 2017/1/24

Vehicle stockpiles at dealerships across China slumped to an average of 25 days in December from 40 days in the previous month, thanks to a year-end consumer buying spree.  Inventories declined as car buyers took advantage of a tax break for vehicles with small engines that expired Dec. 31. In December, China's light-vehicle sales rose 9.1 percent year on year to top 2.67 million vehicles.
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  VW raises stakes in fight to dominate crossover, SUV market
Yang Jian | 2017/1/20

SHANGHAI -- In China, Volkswagen Group initially was slow to respond to consumers' strong appetite for crossovers and SUVs.  For years its two mass-market brands, Volkswagen and Skoda, had only three Chinese crossovers -- the VW Tiguan and Touareg and the Skoda Yeti.  Pictured: Yang Jian is managing editor of  Automotive News China.
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  China EV startup to build 11.6 billion yuan assembly plant
Bloomberg | 2017/1/20

Future Mobility Corp., the electric carmaker that counts former executives at BMW AG and Nissan Motor Co.'s Infiniti among its founding shareholders, said it will build an 11.6 billion yuan ($1.7 billion) assembly plant for electric vehicles in China.  The startup wants to sell its first model by 2020.
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  VW targets 400,000 annual EV, plug-in hybrid sales in China by 2020
Automotive News China | 2017/1/20

Volkswagen AG plans to sell more than 400,000 electric cars and plug-in hybrids annually in China by 2020, the Xinhua news service reports.  The government-owned news agency cited Jochem Heizmann, CEO of Volkswagen's China operations.
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  PSA's China sales, hurt by lack of crossovers, fall 16% in 2016
Automotive News China | 2017/1/20

PSA Peugeot Citroen's deliveries in China declined 16 percent year on year to 618,123 vehicles last year, as the company's two Chinese joint ventures were hobbled by a lack of crossovers.  In 2016, sales of PSA's joint venture with Dongfeng Motor Corp. dropped 15 percent from a year earlier to 602,000 vehicles.
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  VW delays bid to boost Audi's China sales with SAIC deal
Reuters | 2017/1/20

Volkswagen Group says it will not produce or sell any Audi cars with SAIC Motor Corp. until at least 2018, seeking first to strengthen ties with Audi partner China FAW Motor Corp.  In November, Volkswagen announced a nonbinding agreement with SAIC to discuss a partnership regarding Audi, the best-selling premium brand in China.
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  GM to launch 18 new, redesigned models in China this year
Automotive News China | 2017/1/20

General Motors says it will launch 18 new and redesigned models in China in 2017, with a heavy emphasis on the fast-growing crossover market.  According to GM, half the models will be SUVs or multipurpose vehicles for GM's China brands, which include Buick, Chevrolet, Cadillac, Baojun and Wuling.
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  Jaguar Land Rover's Latin American chief to run China sales unit
Automotive News China | 2017/1/20

Jaguar Land Rover has assigned Frank Wittemann, chief of its operations in Latin America, to lead its sales operation in China, effective Feb. 1.  Wittemann will become president of the automaker's integrated marketing, sales and service for China, a role that oversees sales of imported vehicles as well as vehicles produced in China.
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  Zhangzhou to build test center for self-driving vehicles
Automotive News China | 2017/1/20

The city of Zhangzhou will build a 10-million yuan ($1.4 million), 56-square-kilometer test center for self-driving vehicles that will open late this year, state-owned  China Daily  reported.  The center, billed as the world's largest test site for autonomous cars, will include a network of roads and traffic signs. 
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BYD plans to sell passenger cars in U.S. in 2-3 years, exec says
Reuters | 2017/1/20

BEIJING -- BYD Co. plans to sell electric passenger cars in the United States in about two to three years, an executive said on Thursday, as it races to be the first Chinese automaker to sell cars to American drivers. BYD specializes in electric and plug-in hybrid vehicles. Its U.S. presence is now limited to producing buses and selling fleet vehicles such as taxis. BYD and other Chinese automakers have had false starts in entering the U.S.

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  Mercedes narrows luxury sales gap with BMW, Audi
Automotive News China | 2017/1/17

Mercedes-Benz sales in China jumped nearly 27 percent year on year to 472,844 vehicles in 2016 as the German automaker enjoyed strong demand for the redesigned E-class and the flagship S-class sedans.  Mercedes also narrowed its sales gap with rival BMW AG, whose deliveries rose 11 percent to 516,355 vehicles.  Audi AG managed to retain bragging rights as China's top-selling luxury brand, with annual deliveries rising 3.6 percent to 591,554.
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  Light-vehicle sales projected to rise 5% in 2017
Automotive News China | 2017/1/17

Light-vehicle sales in China will increase about 5 percent year on year to 25.7 million vehicles in 2017 on demand for crossovers, SUVs and multipurpose vehicles, the China Association of Automobile Manufacturers projects.  Sales of crossovers, SUVs and MPVs will achieve double-digit growth this year, Xu Haidong, assistant secretary general of the association, said during a press briefing last week in Beijing.
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  Honda outperforms Toyota, Nissan in 2016
Automotive News China | 2017/1/17

Honda Motor Co.'s China sales jumped 24 percent year on year in 2016 to 1.25 million vehicles, helped by strong demand for compact crossovers.  Honda overtook rival Toyota Motor Corp., which reported an 8.2 percent increase in deliveries to 1.2 million vehicles.  But Nissan Motor Co. managed to retain its status as the top-selling Japanese automaker in China. Last year, Nissan's China sales rose 8.4 percent to 1.35 million vehicles.
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  Volvo China deliveries rise 11% last year
Automotive News China | 2017/1/17

Volvo Car Corp.'s China sales increased 11 percent year on year to 90,930 vehicles in 2016 as the company enjoyed strong demand for the locally-produced Volvo XC60 crossover and the S60L sedan.  But  Volvo failed to keep pace with overall industry sales, which rose 15 percent last year.
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  Despite fraud probes, EV deliveries jump 53% to 500,000 in 2016
Automotive News China | 2017/1/17

Spurred by government subsidies, sales of electric vehicles and plug-in hybrids in China last year surged 53 percent to nearly 507,000 vehicles, according to the China Association of Automobile Manufacturers.  In 2016, sales of battery-electric vehicles soared 65 percent to 409,000 vehicles, while deliveries of plug-in hybrids rose 17 percent to 98,000.
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  Renault, with launch of China output, sees sales surge 82%
Automotive News China | 2017/1/17

Dongfeng Renault Automobile Co., which began China production in early 2016, sold 36,525 vehicles last year, a jump of 82 percent from a year earlier.  Renault SA's joint venture received a boost from local output, which allowed it to avoid a 25 percent tariff on vehicle imports.
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  Shouqi Car Rental partners with European peer Europcar
Automotive News China | 2017/1/17

Shouqi Car Rental Co., a Beijing-based car rental firm, is partnering with European counterpart Europcar Group to help both companies attract customers in China and Europe.  Under a deal signed this month, Shouqi customers will be able to access Europcar's car rental services from Shouqi's website and to purchase car rental services outside of China via Europcar's network in Europe and other markets.
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  COMMENT
For luxury brands, 2017 will be another good year after fabulous 2016
Yang Jian | 2017/1/13

SHANGHAI -- Luxury brands had a fabulous year in China last year. Entering 2017, they have a good chance to maintain robust sales despite an expected slowdown in the growth of China's light-vehicle market.  Every major luxury brand except Audi and Infiniti achieved more than 10 percent sales growth in China last year.  Interestingly, the two best performers in the luxury market were both American brands.  Pictured: Yang Jian is managing editor of Automotive News China.
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  China light-vehicle sales jump 15% in 2016 behind tax cuts on small vehicles
Automotive News China | 2017/1/13

Light-vehicle deliveries in China advanced 15 percent to approach 24.4 million in 2016 behind a 50 percent reduction in the sales tax on small vehicles.  Sales of vehicles with engine sizes of up to 1.6 liters, which were eligible for the tax break, surged 21 percent to exceed 17.6 million vehicles in 2016, according to the China Association of Automobile Manufacturers. 
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  VW Group deliveries rise 12% to 3.98 million vehicles in 2016
Automotive News China | 2017/1/13

The Volkswagen Group outsold General Motors to become China's largest carmaker last year, with deliveries advancing 12 percent year on year to 3.98 million vehicles.  The German auto giant's sales growth was led by the Volkswagen brand.  
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  Great Wall becomes 2nd Chinese carmaker to top sales of 1 million vehicles a year
Automotive News China | 2017/1/13

Great Wall Motor Co., China's largest manufacturer of crossovers and SUVs, has become the second domestic Chinese carmaker to sell more than 1 million vehicles a year, following Chongqing Changan Automobile Co.  Great Wall delivered 1.074 million vehicles last year, an increase of 26 percent from a year earlier.  
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  Ford bets on Mustang to power up China profits
Reuters | 2017/1/13

Ford Motor Co. is betting on one of its most distinctively American models, the Mustang muscle car, to boost the company's sales and profits in China.  Ford began selling the Mustang in China in early 2015, and it is a niche vehicle, selling at a rate of about 3,000 cars a year.  Still, that makes the Mustang, which starts at 399,800 yuan ($57,670) the top-seller in a sporty car segment against more expensive vehicles such as the Audi TT and the Nissan Skyline GT-R.
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  Guangzhou still plotting U.S. entry
David Sedgwick | 2017/1/13

DETROIT -- Guangzhou Automobile Group Co., the Chinese automaker that exports vehicles to 14 countries, wants to enter the U.S. "in the near future" -- but not just yet.  The state-owned company unveiled a five-seat crossover concept, dubbed the GS7, Monday at the Detroit auto show -- its third appearance at the Detroit show and its first time on the main floor. 
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  Fiat Chrysler names operating chiefs for China, Asia Pacific
Reuters | 2017/1/13

Fiat Chrysler Automobiles on Wednesday named Daphne Zheng COO of China and Paul Alcala as the operating chief of Asia Pacific, excluding China.  The changes are effective immediately, Fiat said.
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  Yanfeng reimagines the interior for autonomous driving
Automotive News | 2017/1/13

DETROIT -- Yanfeng Automotive Interiors is reimagining vehicle interiors for the day when motorists may not have to keep their eyes on the road and their hands on the wheel.  Yanfeng used the Detroit auto show this week to introduce the Experience in Motion concept, or XiM17, to match the needs of consumers who may not have to focus on driving anymore.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
VW raises stakes in fight to dominate crossover, SUV market

China EV startup to build 11.6 billion yuan assembly plant

VW targets 400,000 annual EV, plug-in hybrid sales in China by 2020

PSA's China sales, hurt by lack of crossovers, fall 16% in 2016

VW delays bid to boost Audi's China sales with SAIC deal

GM to launch 18 new, redesigned models in China this year

Jaguar Land Rover's Latin American chief to run China sales unit

Zhangzhou to build test center for self-driving vehicles

BYD plans to sell passenger cars in U.S. in 2-3 years, exec says

Mercedes narrows luxury sales gap with BMW, Audi

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