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China greenlights tougher auto investment rules
Reuters | 2018/12/21

China's state planner approved tougher new regulations on investment in the auto industry, a draft of which spooked automakers earlier this year, as it tightens the screws on companies adding manufacturing capacity.   The National Development and Reform Commission also said it would ban the establishment of new independent enterprises that make only traditional combustion engines, amid the country's wider push toward new-energy vehicles.

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  Geely, Great Wall to add plants in China
Automotive News China | 2018/12/21

China¡¯s Geely Automobile Holdings and Great Wall Motor Co. each plans to add an assembly plant in China, ignoring the current market downturn.    Geely received approval to construct a 9 billion yuan ($1.3 billion) assembly plant in Wuhan, the capital of central China¡¯s Hubei province. Great Wall won permission to build a 2 billion yuan assembly plant in Pinghu city in east China's Zhejiang province. 
>> Read Full Story

  How Bosch adapted to Chinese startup Byton's faster timeline
Lindsay Chappell | 2018/12/21

Chinese EV startup Byton aims to do things in new ways -- going from concept to market with a new brand and new vehicle in just three years.    And in a big break from tradition, Byton is contracting with German supplier Bosch to create its entire electric powertrain. That is radical thinking in an industry where engines, horsepower, engine blocks and engine sounds have long been the carefully guarded trademarks of the brands that use them.
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Renault to acquire interest in Jiangling Motors' EV subsidiary
Automotive News China | 2018/12/21

Renault signed a deal with Jingling Motors Electric Vehicle Co. to acquire a major stake in the EV subsidiary of Chinese automaker Jiangling Motors Group.   The deal for "a significant stake" in JMEV will help Renault expand its presence in China¡¯s electric vehicle market, the French automaker said Thursday. 

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  BMW maintains double-digit growth behind locally built X3
Automotive News China | 2018/12/21

BMW Group¡¯s sales in China have advanced more than 10 percent four straight months on demand for the newly launched, locally produced BMW X3 crossover.   In November, the German luxury carmaker delivered 60,990 vehicles under the BMW and Mini brands, a jump of 10.3 percent from a year earlier. 
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  China's biggest EV charging network expects to end losses
Automotive News Europe | 2018/12/21

China¡¯s largest vehicle charging-network builder expects to break even this year as rising use of its poles in major cities starts to generate income.   Qingdao Tgood Electric Co. Chairman Yu Dexiang said by email that the company is already profitable in major cities, including Beijing, Shanghai and Guangzhou.
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  LG, Samsung take heart as China flags more open car battery market
Reuters | 2018/12/21

For automotive battery makers LG Chem and Samsung SDI, China has begun to offer promise after painful, unprofitable investments.   The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign companies.
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  Japan's Nidec to expand EV motor output outside China
Reuters | 2018/12/21

Nidec. Corp will add locations outside China to build motors for electric vehicles as the Japanese motor maker rethinks its supply strategy, the   Nikkei   business daily reported.   Because of U.S.-China trade tensions, Nidec has started shipping a number of its home electronics and auto parts from Mexico instead of China, the company's COO, Hiroyuki Yoshimoto, told the   Nikkei.   
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  BYD opens electric bus plant in France
Automotive News China | 2018/12/21

BYD Co. launched output at an electric bus assembly plant in the northern French city of Beauvais this month, as the leading Chinese electrified vehicle maker continues to expand its global reach. 
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  China to temporarily cut extra duty on U.S.-made cars, light trucks
Reuters | 2018/12/18

BEIJING -- China is temporarily suspending an additional 25 percent tariff on U.S.-made light vehicles and auto parts starting Jan. 1, the finance ministry said, following a truce in a trade war between the world's two largest economies.
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  China vehicle sales to tally 28M in 2018, remain flat next year, CAAM predicts
Automotive News China | 2018/12/18

China's new-vehicle sales will total 28 million in 2018 due to the weak domestic economy, the China Association of Automobile Manufacturers predicted.   For 2019, the industry trade group expects new light-vehicle sales in China to be unchanged at 23.6 million. Deliveries of new commercial vehicles including buses and trucks will edge up 1 percent to 4.4 million. 
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  VW Group sales fall 4 straight months
Automotive News China | 2018/12/18

Volkswagen Group saw China deliveries drop 7.3 percent year over year to 399,500 in November, marking the automaker¡¯s fourth straight monthly decline.   VW brand sales fell 8 percent to 304,700 in November while Skoda deliveries plunged 24 percent to 28,000.
>> Read Full Story

  Senior China official urges shift to fuel cell vehicles
Bloomberg | 2018/12/18

After spending billions of dollars in subsidies for electric vehicles, China should now shift its focus toward developing vehicles using the competing hydrogen fuel cell technology, a top official said.   Benefits of fuel cell vehicles include long driving range, short refueling time and zero emissions, Wan Gang, a deputy chairman of the Chinese People¡¯s Political Consultative Conference, an advisory body to the parliament, wrote in a commentary published on the state-run   People¡¯s Daily     on Saturday. 
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  Ford slump continues despite redesigned products
Automotive News China | 2018/12/18

Ford Motor Co.¡¯s sales decline in China is accelerating, with November volume plunging 55 percent to 52,434, despite the arrival of the redesigned Focus and Escort sedans the previous month.    Deliveries at Ford¡¯s two joint ventures -- Changan Ford Automobile Co. and Jiangling Motors Corp. -- tumbled 58 percent to 47,218 last month.
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  BMW launches ride-hailing in Chengdu
Automotive News China | 2018/12/18

BMW AG started offering ride-hailing services Friday in the southwest China city of Chengdu, becoming the first foreign carmaker to do so in the Chinese city.   A fleet of 200 BMW 5-series sedans -- plug-in hybrids and gasoline models -- were dispatched under the service.
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  Qiantu Motor to build EVs in North America with local partner Mullen Technologies
Automotive News China | 2018/12/18

Chinese electric vehicle startup Qiantu Motor plans to assemble vehicles in North America in cooperation with Mullen Technologies Inc., a Southern California-based EV maker and car dealer.   Under a preliminary agreement signed with Qiantu Motor, Mullen will homologate, assemble and market the Qiantu-brand K50 electric sports car in North America, Mullen said. 
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  Nio eyes luxury sales amid sluggish market
Bloomberg | 2018/12/18

Nio Inc., the U.S.-listed Chinese upstart seeking to take on the likes of Tesla Inc., said China will continue to be a big luxury car market despite falling car sales.   "Unlike developed markets such as America where the number of new cars and end-of-life vehicles is almost balanced, China¡¯s auto market growth is still incremental, though it is reaching a watershed," William Li, founder of Nio, told reporters in Shanghai on Sunday.
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  COMMENT
Why China's auto industry should be grateful for Trump
Yang Jian | 2018/12/14

If there is a vote for the Person of the Year in China's auto industry for 2018, no other person is as worthy of the title as U.S. President Donald Trump.   Trump's tariffs and trade war have added to the troubles facing the Chinese economy and prompted a large number of local consumers to cut spending and delay new car purchases.   But the responses the trade posture have elicited from Beijing and global automakers, either intended or unintended by Trump, are conducive to the industry's healthy development over the long term.   Pictured: Yang Jian is managing editor of  Automotive News China.
>> Read Full Commentary

  Light-vehicle sales fall 16% in Nov. as market skid hits 5 months
Automotive News China | 2018/12/14

The downturn in China¡¯s new light-vehicle market that begun in July is gathering speed, with deliveries dropping 16 percent to 2,173,500 in November.   Every segment from cars to light trucks posted a steep decline in volume last month, according to the China Association of Automobile Manufacturers. 
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  China to cut tariffs on U.S. light vehicles to 15%, Trump official says
Wire reports | 2018/12/14

China has agreed to cut tariffs on U.S.-built light vehicles and auto parts to 15 percent from the current 40 percent, a Trump administration official told Reuters, setting the stage for new talks aimed at easing the bitter trade war between the world's two largest economies.
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China prepared to revise technology plan
Bloomberg | 2018/12/14

China is considering plans to delay some targets in its strategy to dominate high-end technologies and to put more focus on shaping industry standards, two people familiar with the matter told Bloomberg.  

>> Read Full Story

  EV gold rush lures hopefuls as Tesla looms
Bloomberg | 2018/12/14

The gold rush that is China¡¯s electric-car market is getting its latest entrant as a slew of local manufacturers fight for a foothold ahead of Tesla Inc.¡¯s planned offensive.   Xpeng Motors started deliveries of its first commercial model on Wednesday, four years after its founding by entrepreneur He Xiaopeng and partners in Guangzhou.
>> Read Full Story

  Inventory grows at dealerships under mass-market brands
Automotive News China | 2018/12/14

The average backlog of unsold vehicles at dealerships in China rose to 58 days in November from 56 days in September, as new car and light-truck demand continued to lose steam.   Higher inventories are noticeably pressuring stores selling vehicles under mass-market brands, according to the China Automobile Dealers Association.
>> Read Full Story

  Kia launches first electric vehicle with the KX3
Automotive News China | 2018/12/14

Kia Motors began selling its first full electric vehicle, the battery-powered KX3 crossover, in China this week, complying with local regulations that require automakers expand electrified vehicle lineups.   The electric KX3 has a starting price of 239,800 yuan ($34,855). The price is lowered to 147,300 yuan after government subsidies.
>> Read Full Story

  Polestar taps Geely finance exec as CFO
Automotive News China | 2018/12/14

Polestar, Volvo Car Corp.'s electrified performance-vehicle brand, appointed Ian Zhang CFO as the brand seeks to assemble a full management team.   Zhang is currently deputy CFO at Volvo¡¯s Chinese parent Zhejiang Geely Holding Group. 
>> Read Full Story

Ex-Porsche CEO tries to save combustion engine from scrapheap
Bloomberg | 2018/12/14

As tightening emissions rules in China and elsewhere force the auto industry to embrace battery power, a German startup says it has the technology to give the combustion engine a reprieve.   Using pulsed microwaves to ignite fuel rather than spark plugs or glow plugs, MWI Micro Wave Ignition engineers say they can cut consumption of gasoline and diesel by as much as 30 percent, and emissions by as much as 80 percent. The company has begun talks with large automakers from South Korea and China, Bloomberg reported.

>> Read Full Story

  GM's 2 joint ventures post sales declines for 4th straight month
Automotive News China | 2018/12/11

Sales at General Motors¡¯ two joint ventures in China, SAIC General Motors Corp. and SAIC-GM-Wuling Automobile Co., declined for the fourth consecutive month in November.  Deliveries at SAIC-GM, GM¡¯s car joint venture with SAIC Motor Corp., fell 17 percent to 180,662 last month, according to SAIC.
>> Read Full Story

  VW brand skid hits 6 months
Automotive News China | 2018/12/11

Volkswagen brand sales in China fell for the sixth consecutive month in November, slipping 8 percent from a year earlier to 304,700.   The German brand blamed the extended sales decline on the trade war between China and United States. 
>> Read Full Story

  Geely sales growth pace slows despite new products
Automotive News China | 2018/12/11

Geely Automobile Holdings¡¯ sales growth has leveled off even with the introduction of new products, signaling the industry slowdown in China is continuing.   In November, the largest domestic Chinese passenger vehicle maker delivered 141,661 vehicles under the mass-market Geely brand and premium Lynk & CO marque, a 0.3 percent increase from a year earlier. 
>> Read Full Story

  SPECIAL VIDEO REPORT
Chinese dealers aim to learn from, invest in U.S. dealership groups
Automotive News TV | 2018/12/11

As new-vehicle sales cool in China, dealers are turning to their highly respected U.S. counterparts to learn how to create additional revenue streams in stores while preparing for potential investments in America.
>> Read Full Story

  Ford's Greater China sales chief to step down after brief stint
Automotive News China | 2018/12/11

Henry Li, Ford Motor Co.¡¯s vice president for marketing and sales in the Greater China region, is leaving the company for health and family reasons at the end of December, Ford China said. 
>> Read Full Story
 

TOP 10 HEADLINES
OF THE LAST WEEK
Regulatory chaos, confusion reign over EV market

GM China sales fall 9.9% in 2018

China to cut taxes, fees for manufacturers in 2019

Beijing mulls policies to encourage auto purchases in rural China

VW, China spearhead $300 billion global drive to electrify cars

VW plans China venture for charging EVs

Audi taps Infiniti's China chief to lead local sales

China wants Elon Musk to help promote stable ties with U.S.

Foton to sell 67% stake in Borgward to ride-hailing company, consultant

Byton seeks to raise $500 million

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