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  China cuts car import duty to 15% in boost for BMW, Tesla, Mercedes and Porsche
Reuters | 2018/5/25

SHANGHAI -- China will cut import tariffs for cars and components, the country's finance ministry said, opening up greater access to the world's largest auto market amid an easing of trade tensions with the U.S. Import tariffs will be cut to 15 percent for most vehicles from 25 percent from July 1, the Ministry of Finance said in a statement, adding this was part of efforts to open up China's markets and spur development of the local auto industry. A small number of imported trucks are taxed at 20 percent currently.
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  GM CEO on China's tariffs: Level playing fields or 'open up the markets'
Michael Wayland | 2018/5/25

General Motors CEO Mary Barra wants China to further reduce its protective tariffs.  "I'd like to see it be level," she told Goldman Sachs CEO Lloyd Blankfein during an event Wednesday at the bank's New York headquarters. "The same going back and forth. Or just open up the markets and let us compete."
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  Tesla slashes Model X price up to $14,000 after China cuts import duty
Reuters | 2018/5/25

Tesla Inc. slashed up to $14,000 off the price of the Model X in China after Beijing announced a major cut in tariffs on imported automobiles, a potential sales boost for the U.S. electric-vehicle maker as the world's largest auto market pivots toward EVs.
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  U.S. launches probe to weigh tariffs on car, truck imports
Reuters | 2018/5/25

The Trump administration launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.  Beijing, which is increasingly eyeing the United States as a potential market for China-built vehicles, said that it would defend its interests.
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  Honda preps small EV with batteries from Chinese supplier, report says
Automotive News China | 2018/5/25

Honda Motor Co. plans to develop a micro electric vehicle with batteries supplied by Chinese battery giant Contemporary Amperex Technology Co., Japan¡¯s Nikkei news agency reported.  The EV will be adapted from the Honda Fit small car.  
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  Volvo to add XC40 crossover output in China
Douglas A. Bolduc | 2018/5/25

Volvo will expand output of its XC40 in Belgium and start production of the compact crossover in China next year to meet stronger-than-expected demand, the company said Thursday.  The Swedish automaker also promised to expand its compact vehicle family with a range of new models to replace the current V40.
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  Bosch opens 2nd infotainment, component plant in Wuhu
Automotive News China | 2018/5/25

German supplier Robert Bosch opened a second plant in the east China city of Wuhu this week to expand output of infotainment and other connectivity systems for vehicles produced in China.  The 269 million yuan ($42.2 million) factory will produce infotainment systems, instrument clusters and connectivity control units, the company said.
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  Dana launches output of thermal control systems in Yancheng
Automotive News China | 2018/5/25

U.S. supplier Dana Inc. launched a plant in the east China city of Yancheng to produce thermal management products for conventional and plug-in hybrid vehicles.  The 105 million yuan ($16.7 million) factory covers 8,000 square meters (86,000 square feet) and at full capacity can build 8 million thermal acoustical shields and battery cold plates annually for plug-in hybrid vehicles, Dana said.
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  Toyota plans to roll into EV market in GAC Motor vehicle
Reuters | 2018/5/22

Toyota Motor Corp. is taking an unprecedented route to meet China's stringent green vehicle quotas: Its showrooms will sell an electric vehicle without the Japanese company's distinctive triple-oval logo.  Instead, it will feature the label of GAC Motor, Toyota's Chinese partner, and will be built around GAC's lower-cost technology.
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  VW Group's sales rise behind Audi, Skoda
Automotive News China | 2018/5/22

Volkswagen Group's deliveries in China rose nearly 12 percent to 334,800 in April, led by the Audi and Skoda brands.  Through April, the German auto giant delivered 1,345,400 vehicles in China, its largest market worldwide, for an increase of 13 percent from the same period last year.
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  U.S., China trade truce may not last as differences remain
From wire reports | 2018/5/22

The U.S. and China declared a truce in their trade dispute but that will prove temporary if the world¡¯s two largest economies fail to deliver on vague commitments to rebalance trade.  The U.S. said Sunday the two countries agreed on a "framework" under which China would increase its purchases of American goods, while putting in place "structural" changes to protect American technology and make it easier for American companies to compete in China.
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  BMW approved to test self-driving vehicles in Shanghai
Automotive News China | 2018/5/22

BMW Group was granted two licenses from the city of Shanghai to test autonomous vehicles in the municipality¡¯s suburban Jiading district.  The move makes BMW the first foreign automaker cleared to test automated vehicles in China, the Commission of Economy and Information Technology under the Shanghai municipal government said. 
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  Dealership inventories rise on weak vehicle demand in rural China
Automotive News China | 2018/5/22

Dealerships' average new-vehicle stockpiles in China increased to a 50-day supply in April from 47 days in the previous month, the China Automobile Dealers Association reported.  The association said Chinese farmers traditionally reap wheat in April, making them too busy to visit dealerships.
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  Q&A
Volvo CEO: Now is the time for brand 'to perform and grow'
'The big question is whether there will be tariffs'
Automotive News Europe | 2018/5/22

Volvo CEO Hakan Samuelsson expects the Swedish brand to capitalize on what he calls the strongest product lineup in the company's history. Samuelsson foresees another year of strong growth.  He also outlined ambitious targets for the automaker's growing lineup of plug-in hybrids and for its new Care by Volvo subscription service. 
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  Continental appoints chief technology officer for China
Automotive News China | 2018/5/22

Continental tapped Ming Jing to fill the newly created post of head of innovation and technology for China. The German supplier said Jing will steer the development and implementation of a medium- to long-term technological strategy in China, including automated driving, electrification, connectivity and mobility services. 
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  COMMENT
Are ailing BAIC, Chery poised to land in private hands?
Yang Jian | 2018/5/18

There is widespread speculation on websites and Internet chat rooms in China this week that troubled BAIC Motor Group and Chery Automobile Co. are likely to be acquired by private domestic companies.  The two major state-owned carmakers quickly responded and dismissed the rumors as baseless. But it¡¯s hard for BAIC and Chery to deny what has given rise to the chatter: that they have yet to find a way to fix their moribund brands.  Pictured: Yang Jian is managing editor of Automotive News China.
>> Read Full Commentary

  At SAIC-GM, April sales gain but Wuling venture dips
Automotive News China | 2018/5/18

SAIC-General Motors' sales advanced 18 percent in April but deliveries at SAIC-GM-Wuling declined 4.6 percent.  SAIC-GM, GM¡¯s joint venture with SAIC Motor Corp. that builds and distributes Cadillac, Buick and Chevrolet vehicles, delivered 171,177 vehicles in April, SAIC reported.
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  EV, plug-in hybrid sales forge ahead
Automotive News China | 2018/5/18

Deliveries of electric vehicles and plug-in hybrids in China maintained explosive growth in April, with demand soaring 138 percent to about 82,000 vehicles.  EV sales surged 127 percent to roughly 65,000 while plug-in hybrid deliveries shot up 195 percent to around 17,000 last month, the China Association of Automobile Manufacturers said. 
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  BMW deliveries trail Mercedes, Audi
Automotive News China | 2018/5/18

BMW continues to lag behind its two primary German rivals -- Mercedes-Benz and Audi -- in China sales.  In April, combined China deliveries at the BMW and Mini brands increased 2.5 percent to 50,068 over April 2017, BMW Group said.
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  FAW to invest $260 million in EV startup Byton
Reuters | 2018/5/18

State-owned carmaker FAW Group has agreed to invest around $260 million in China-backed electric vehicle startup Byton as part of an ongoing series-B funding round, two people with knowledge of the matter told Reuters.
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  Volvo focused on electrification, automation, regardless of IPO, chief says
Reuters | 2018/5/18

LONDON -- Volvo Cars is working on how to meet the challenges of electrification and self-driving vehicles and has the funds to do so regardless of whether the company launches an initial public offering, the automaker¡¯s CEO says.
>> Read Full Story

  Porsche wants Chinese buyers to love the 911
Christiaan Hetzner | 2018/5/18

China may be Porsche's biggest market but there is one core weakness that executives say is a concern: poor 911 sales.  The sports coupe is coveted by fans across the world, except China where it is brand's least popular model by far.
>> Read Full Story

  Light-vehicle sales rise 11% in April
Automotive News China | 2018/5/15

New light-vehicle sales in China advanced 11 percent year on year to top 1.9 million in April, the China Association of Automobile Manufacturers reported.  The double-digit growth shows the market has shrugged off the end of tax incentives for small vehicles at the start of the year.
>> Read Full Story

  VW brand deliveries post April advance
Automotive News China | 2018/5/15

Volkswagen brand¡¯s China sales increased 9.5 percent year on year to 247,400 in April on demand for the Golf and Lamando sedans as well as the Teramont SUV.  It is a new April high for VW brand in China, Volkswagen Group said.
>> Read Full Story

  Ford skid continues amid new-model void
Automotive News China | 2018/5/15

Ford Motor Co.'s sales skid in China is continuing due to a lack of new or redesigned models, with volume slumping 26 percent to 69,503 in April.  The decline in deliveries was led by Changan Ford, Ford¡¯s passenger vehicle joint venture. 
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  Hyundai's new mantra to lure back buyers: Made for China
Bloomberg | 2018/5/15

Hyundai Motor Co.'s designers are working overtime to add zing and connected features to its cars. The goal: Woo young consumers to reverse a sales plunge in the world's biggest auto market.  The company is expanding a 25-member China design group with an aim to double its size and bring it on par with teams in Europe and California, said Simon Loasby, who runs the team. 
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  Audi aims to double China sales, boosted by second JV
Christiaan Hetzner | 2018/5/15

Audi hopes a second joint venture and new SUVs will help it to remain China's top luxury brand, fighting off strong challenges from Mercedes-Benz and BMW.  Audi, which sold just under 598,000 vehicles in China last year, aims to double that volume by 2023, CEO Rupert Stadler said at the auto show here last month.
>> Read Full Story

  Geely's Daimler stake should have been disclosed earlier, Germany says
Reuters | 2018/5/15

German markets regulator BaFin is reviewing whether to impose fines after it determined Geely Chairman Li Shufu's transactions to buy a 9.69 percent stake in Daimler should have been disclosed earlier. 
>> Read Full Story

  Tesla registers Shanghai EV company ahead of ownership rule change
Reuters | 2018/5/15

Tesla Inc. registered a new electric car company in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle ventures.  The new company, Tesla Shanghai Co., was registered on May 10, according to a filing with the National Enterprise Credit Information Publicity System.
>> Read Full Story

  Talks for Mini production in China are 'going well,' BMW CEO says
Christiaan Hetzner | 2018/5/15

BMW expects it could be autumn before it can gauge whether to proceed with plans to build Minis in China with Great Wall Motor.  BMW is in discussions with Great Wall for a joint venture to build electric Minis in China, in addition to production of Mini's first full-electric car due to come off the line next year at its home factory in Oxford, England.
>> Read Full Story

  Didi suspends 'ride-hitching' for driver checks
Reuters | 2018/5/15

China's biggest ride-sharing company, Didi Chuxing, is halting for a week one of its domestic services, which it calls "ride-hitching," following the death of a female passenger that sparked questions about safety.
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Are ailing BAIC, Chery poised to land in private hands?

At SAIC-GM, April sales gain but Wuling venture dips

EV, plug-in hybrid sales forge ahead

BMW deliveries trail Mercedes, Audi

FAW to invest $260 million in EV startup Byton

Volvo focused on electrification, automation, regardless of IPO, chief says

Porsche wants Chinese buyers to love the 911

Light-vehicle sales rise 11% in April

VW brand deliveries post April advance

Ford skid continues amid new-model void

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