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Home >> More Stories
  Audi top luxury brand for 2nd straight month
Automotive News China | 2018/9/18

Audi remained the top-selling luxury car brand in China for the second consecutive month with August volume rising 6 percent from a year earlier to 57,453.   The growth was driven by two locally produced models -- the elongated A4 sedan and the A3 hatchback, Audi said.
>> Read Full Story
  Volvo seeks to exempt China-made crossover from U.S. tariff
Reuters | 2018/9/18

Volvo Cars is asking the Trump administration to exempt the company's China-made midsize XC60 crossover from new 25 percent tariffs, becoming the latest automaker to seek relief from new U.S. levies on China imports.
>> Read Full Story

  Honda localizes transmission output for hybrid vehicles
Automotive News China | 2018/9/18

Honda Motor Co. started building continuously variable transmissions for hybrid vehicles in China to ramp up local green vehicle output.   The CVT, specifically designed for Honda¡¯s Sport Hybrid powertrain for hybrid vehicles, is being produced at Honda¡¯s wholly owned transmission plant in Foshan in south China¡¯s Guangdong province.
>> Read Full Story

  BMW recalls more than 139,000 3-series cars for AC glitch
Reuters | 2018/9/18

German automaker BMW is recalling more than 139,000 3-series cars in China beginning Nov. 9 because of a defect in the air-conditioning system, the country¡¯s market regulator said.
>> Read Full Story

  Autoneum opens two plants in China
Automotive News China | 2018/9/18

Autoneum Holding, an automotive acoustic and thermal management parts supplier headquartered in Switzerland, launched two plants in China this month, significantly expanding its local manufacturing footprint. 
>> Read Full Story

  COMMENT
Chinese brands pay price for single-minded bet on crossovers
Yang Jian | 2018/9/14

It can be risky placing all your eggs in one basket, as the saying goes. That¡¯s the lesson Chinese carmakers should learn from the softening market over the past two months.   Their big bet on crossovers, which worked wonderfully over the past several years, is now causing havoc with their sales.   Pictured: Yang Jian is managing editor of  Automotive News China.
>> Read Full Commentary

  New light-vehicle sales decline for 2nd straight month
Automotive News China | 2018/9/14

China¡¯s new light-vehicle sales slipped for the second month in a row in August, with deliveries dropping 4.6 percent year on year to roughly 1,789,900 vehicles.   Except for minibuses, all segments¡¯ sales declined last month, according to the China Association of Automobile Manufacturers. 
>> Read Full Story

  VW brand deliveries slide for 3rd month in a row
Automotive News China | 2018/9/14

Volkswagen brand¡¯s China deliveries declined for the third consecutive month in August, with volume falling 3.2 percent year on year to 256,800.   The German marque blamed the decrease on China¡¯s steep tariff reduction on imported vehicles. 
>> Read Full Story

  U.S. brands losing ground in shrinking market
Bloomberg | 2018/9/14

American carmakers are losing ground in a shrinking Chinese market, and their problems are mostly tied to a lack of competitiveness rather than the trade war, an industry trade group said. 
>> Read Full Story

  Nio shares rev up after shaky U.S. debut
Reuters | 2018/9/14

Shares of Chinese electric carmaker Nio Inc. recovered sharply from a 15 percent fall in their New York market debut on Wednesday, a day after the company's IPO was priced at the lower end of the expected range.
>> Read Full Story

  Toyota set to share hybrid tech with China, report says
Bloomberg | 2018/9/14

Toyota Motor Corp. is preparing to divulge details of the hybrid-car engine technology it pioneered with the Prius to China in an attempt to catch up with rivals in the world¡¯s biggest auto market.   Chinese officials asked Toyota to share its gasoline-electric technology to help local companies meet stricter emissions targets, people familiar with the matter said, asking not to be named because the talks are private.
>> Read Full Story

  Honda recalls 2 more models because of engine glitch
Reuters | 2018/9/14

Honda Motor Co. is recalling 22,702 Honda Jade cars and 27,554 Acura CDX crossovers in China, market regulators said on Thursday, because of a cold-climate engine problem that has already forced the recall of hundreds of thousands of vehicles.
>> Read Full Story

  ZF to supply dual pinion steering for 3 major Chinese automakers
Automotive News China | 2018/9/14

ZF Friedrichshafen has landed contracts this year to supply a dual pinion electric power steering system for three major domestic Chinese automakers.   The system will be used in the automakers¡¯ compact crossovers and midsize sedans, the German supplier said this week, without identifying the customers.
>> Read Full Story

  GM's 2 light-vehicle ventures post lower sales
Automotive News China | 2018/9/11

General Motors¡¯ car joint venture with SAIC Motor Corp. and its light-vehicle partnership with SAIC and Wuling posted lower August sales,  in the latest sign China's auto market is slowing amid trade worries, tighter lending standards and slower overall economic growth. Deliveries at SAIC-GM, GM¡¯s car joint venture with SAIC, decreased 3.8 percent to 158,616. 
>> Read Full Story

  Ford won't be swayed by Trump nudge to make new Focus in U.S.
Bloomberg | 2018/9/11

President Trump said Ford's decision not to import a small crossover from China means the Focus Active "can now be built in the U.S.A."   But the company said Sunday it has no such plans.
>> Read Full Story

  Geely, citing trade uncertainty, postpones Volvo IPO
Reuters | 2018/9/11

Volvo Cars and its owner, Zhejiang Geely Holding Group, are postponing plans to float shares in the Swedish carmaker, blaming global trade tensions and a downturn in automotive stocks.   Volvo said plans for a listing in Stockholm had been delayed indefinitely, a move first reported by the   Financial Times.
>> Read Full Story

  Mercedes-Benz's sales growth slows as tariffs dent demand
Automotive News China | 2018/9/11

Mercedes Benz¡¯s China deliveries, while still growing, are losing steam as China¡¯s punitive tariffs on U.S.-made vehicles put a dent in volume.   In August, the German brand delivered 53,295 vehicles in China, a gain of 5.5 percent from a year earlier, according to Daimler AG.
>> Read Full Story

  FAW taps Rolls-Royce design chief to help revive luxury marque
Automotive News China | 2018/9/11

China FAW Group hired Giles Taylor, former design director of Rolls-Royce Motors, to become vice president for design and chief creative officer. Taylor will be mainly responsible for the design and styling of FAW¡¯s Hongqi luxury brand.
>> Read Full Story

  Tesla hikes registered capital, widens business range for Shanghai subsidiary
Automotive News China | 2018/9/11

Tesla Inc. padded the capital base and expanded the business scope of its wholly owned Shanghai subsidiary in a bid to turn the unit into a full-fledged EV production and sales company.
>> Read Full Story

  CATL to develop batteries for SAIC-GM's electrified vehicles
Automotive News China | 2018/9/11

SAIC-General Motors, GM¡¯s passenger vehicle joint venture with SAIC Motor Corp., signed up Chinese battery maker Contemporary Amperex Technology to develop batteries for its electrified vehicles.
>> Read Full Story

  COMMENT
Behind the sudden decline in China's auto sales
Yang Jian | 2018/9/7

Industry trade groups and market research firms have produced various theories to explain why China¡¯s light-vehicle market has suddenly run out of steam.   But a website tracking peer-to-peer lending practices in China has provided one plausible factor.   Pictured: Yang Jian is managing editor of  Automotive News China.
>> Read Full Commentary

  Toyota, Geely exploring joint hybrid vehicle tech
Reuters | 2018/9/7

Toyota Motor Corp. said on Thursday it is in talks with Geely Automobile Holdings about cooperating on gasoline-electric hybrid vehicle technology, but nothing has been decided on the matter.
>> Read Full Story

  Geely August deliveries surge behind electrified volume, Lynk & CO
Automotive News China | 2018/9/7

Geely Automobile Holdings¡¯ sales continued to forge ahead in August, rising 30 percent to 125,522, as electrified vehicles and Lynk & CO joined the entry-level Geely brand in generating strong volumes.
>> Read Full Story

  Suzuki, citing sluggish sales, unwinds China JV, exits market
Reuters | 2018/9/7

Suzuki Motor Corp. said it would transfer its 50 percent stake in a Chinese joint venture to Chongquing Changan Automobile Co. as sluggish sales prompt the Japanese automaker to retreat from the world's largest auto market. 
>> Read Full Story

  Volvo sales advance again behind robust XC60, S90 demand
Automotive News China | 2018/9/7

Volvo Car Corp.¡¯s sales in China remained robust in August, rising more than 18 percent year on year to 11,386 vehicles on demand for two locally produced models -- the XC60 midsize crossover and the S90 large sedan -- the Swedish carmaker said, without revealing sales of the two products.
>> Read Full Story

  Grupo Antolin opens headliner plant in Shenyang to supply BMW
Automotive News China | 2018/9/7

Spanish automotive interiors supplier Grupo Antolin has launched production at a new headliner factory in the northeast China city of Shenyang to supply mainly BMW Group.   The plant, with about 200 employees, can produce roughly 4,000 headliners per day, Grupo Antolin said. 
>> Read Full Story

  China's Tesla wannabe seeks investors to pay for potential
Bloomberg | 2018/9/6

Nio Inc. will become the first major electric-vehicle maker to have a U.S. initial public offering since Tesla Inc. in 2010, and its stock is set to start trading Sept. 12. The Shanghai company, backed by Tencent Holdings, seeks a valuation of $6.4 billion to $8.5 billion -- even though it¡¯s delivered fewer than 2,000 vehicles ever.
>> Read Full Story

  China to curb 'haphazard and redundant' auto investment
Reuters | 2018/9/4

China will strictly prevent "haphazard investment and redundant development" in the automobile industry, an official from the state planning agency said, apparently referring to proposed rules on automakers' investments in new factory capacity.
>> Read Full Story

  Land Rover designer Phil Simmons joins Great Wall
Automotive News China | 2018/9/4

Great Wall Motor Co., China¡¯s largest light-truck maker, appointed veteran designer Phil Simmons design director and vice president for the Haval brand. Simmons had been studio director for Land Rover's exterior design and responsible for the creation of the 2018 Range Rover and Range Rover Sport, the 2017 Range Rover Velar, as well as the 2016 Range Rover Evoque, Discovery and Discovery Sport. 
>> Read Full Story

  Mercedes, behind China growth in EVs, opens German assault on Tesla
Reuters | 2018/9/4

Mercedes-Benz unveils its much-anticipated electric crossover on Tuesday, marking the start of a German onslaught against Tesla's dominance of the fast-growing market for premium EVs.   BMW's i3 mini and an earlier Audi e-tron failed to spur demand, but the EV market has matured, with China driving global sales growth above 50 percent annually as the German offensive gets underway in 2019-20.
>> Read Full Story

  Ford scraps plan to export Focus Active amid U.S.-China trade war
Michael Martinez | 2018/9/4

Ford Motor Co. is canceling plans to import a wagon version of the Focus to the U.S. from China because tariffs enacted by the Trump administration would cut into profits too much.   
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Chinese brands pay price for single-minded bet on crossovers

New light-vehicle sales decline for 2nd straight month

VW brand deliveries slide for 3rd month in a row

U.S. brands losing ground in shrinking market

Nio shares rev up after shaky U.S. debut

Toyota set to share hybrid tech with China, report says

Honda recalls 2 more models because of engine glitch

ZF to supply dual pinion steering for 3 major Chinese automakers

GM's 2 light-vehicle ventures post lower sales

Ford won't be swayed by Trump nudge to make new Focus in U.S.

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