CHINA NEWSLETTER February 12 2019
 
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GM to launch 20-plus new and updated models this year
Automotive News China
General Motors will roll out more than 20 new and face-lifted vehicles in China this year to shore up sales growth. Half of the vehicles will be new nameplates, the Detroit automaker said, without releasing more specifics about the models.
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Geely shores up sales with new products
Automotive News China
Geely Automobile Holdings eked out a 2 percent sales increase in January behind demand for two Geely models and three vehicles launched under the new premium marque Lynk & CO. Geely delivered 158,393 vehicles under the Geely and Lynk & CO brands last month, the Hong Kong-listed company said.
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Mercedes-Benz outsells Audi on sedan demand
Automotive News China
Mercedes-Benz beat Audi in China sales last month behind demand generated by the elongated C- and E-class sedans. Mercedes-Benz's January deliveries rose 4.8 percent from a year earlier to 71,697, with long-wheelbase versions of the C- and E-class sedans both posting double-digit sales growth. Audi's deliveries rose 5.1 percent last month to roughly 64,000.
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Kia venture's deliveries advance 48%
Automotive News China
Sales at Dongfeng Yueda Kia, Kia Motors' joint venture with Dongfeng Motor Group, gathered steam in January, jumping 48 percent to 45,884. The sales surge was led by the Kia Pegas subcompact car. Pegas deliveries nearly tripled to 7,432 last month, according to Dongfeng Yueda Kia.
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Changan seeks outside funding for light commercial vehicle unit
Automotive News China
Changan Automobile Co. is courting external investors to help strengthen its light commercial vehicle business. It plans to establish a joint venture with eligible investors, the state-owned automaker said in a statement.
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China upbeat as U.S. trade talks resume
Reuters
BEIJING -- China struck an upbeat note Monday as trade talks resumed with the United States, but also expressed anger at a U.S. Navy mission through the disputed South China Sea, casting a shadow over the prospect for improved Beijing-Washington ties.
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China's EV market: Dispelling the myths
Bloomberg
China is often referred to as "half of everything," such as aluminum, steel and copper consumption. But a number of myths and misconceptions still drive much of the perception about the country's role in electric transportation.
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 TOP 10 HEADLINES
OF THE LAST WEEK

Daimler, Geely in talks to expand ties into 'bigger dimension'

U.S.-China trade war squeezes Volvo Car profit margins

Volvo Cars courts China, U.S. tech investors to fund Polestar rollout

Volvo extends sales gains behind 2 locally built models

FAW to launch 2 crossovers, SUV under premium Hongqi brand

Hyundai venture posts sales surge in January

CATL, Honda cooperate on EV battery development

China's Arcfox to introduce next-gen crossover concept in Geneva

Honda sales rise; Mazda slump rolls into 2019

Audi maintains sales growth behind long-wheelbase A4 volume



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