CHINA NEWSLETTER April 19 2019
 
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Carmakers look to Beijing to revive market
Bloomberg
Volkswagen AG, Nissan Motor Co. and Guangzhou Automobile Group Co. are among the carmakers increasingly counting on Chinese government tax cuts to stimulate demand and help the world's biggest auto market rebound from its worst slump in a generation. The unanswered question is when that will happen.
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Behind GM's GEM of a plan to hit paydirt in China, emerging markets
Reuters
GM has spent five years rewriting its playbook for making money in China's interior and Latin America. Now, it's showtime for the first results of a project code-named GEM, for Global Emerging Market. The U.S. automaker this week unveiled two small utility vehicles that will be part of a new family of sedans and utilities the automaker forecasts will make up one in five of its global vehicle sales by 2023.
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GAC partners have no plans to raise stake in JVs, top exec says
Automotive News China
Guangzhou Automobile Co.'s partners don't plan to increase their stakes in Chinese joint ventures, GAC President Feng Xingya told journalists at the Shanghai auto show. State-owned GAC runs 50-50 partnerships with Toyota Motor Corp., Honda Motor Co., Mitsubishi Motors Corp. and Fiat Chrysler Automobiles.

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GM's Baojun brand plots major makeover
Reuters
LIUZHOU -- By many measures, General Motors' China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas. But as Chinese consumer tastes shift away from basic and affordable, Baojun is engineering a different image for itself -- launching mid-market models that feature a redesigned logo and will be sold through new or revamped showrooms.
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Cadillac plans more dealers in China
Reuters
General Motors' luxury Cadillac brand is enjoying strong growth in China, prompting plans to add hundreds of new stores, executives with the No.1 U.S. automaker said at a conference on Wednesday in New York. GM Cadillac President Steve Carlisle said that Cadillac would expand its network of dealers to 500 in China by 2025.
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Karma to launch China sales in second half
Automotive News China
Chinese-owned and California-based EV maker Karma Automotive will kick off sales in China in the second half of the year, CEO Lance Zhou said at the Shanghai auto show Tuesday. The company's first vehicle, the Revero GT, is an extended-range electric luxury car. It uses a turbocharged three-cylinder engine supplied by BMW AG to power an on-board electric generator.
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Aptiv sets AV tech ambitions in China
Automotive News
Global supplier Aptiv is securing a foothold for its self-driving technology in what may be the world's most lucrative autonomous vehicle market. The company said Wednesday it has opened an Autonomous Mobility Center in China and will soon deploy test vehicles on the roads in and around Shanghai.
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China mulls easing controls over new-vehicle licenses to spur sales, report says
Reuters
BEIJING -- China is considering plans to relax controls over the issuance of new car licenses in major cities to boost flagging auto sales, financial magazineCaixin reported on Wednesday, citing a draft document by the country's state planner.
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Daimler suspends Mercedes franchise after customer complaint goes viral
Reuters
Daimler suspended a local sales franchise under its Mercedes-Benz brand after a customer complaint about service from the dealership went viral on social media. Daimler said in a statement on Tuesday that the dealership in Xi'an in the northwestern province of Shaanxi had reached an agreement with the customer and was investigating its customer service and business operations, and had suspended the franchise in the meantime.
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China preps site to test AV tech on highways
Bloomberg
hina is building its first site to test autonomous vehicles under highway conditions amid a global shift toward technologically advanced and self-driving cars. State-backed Qilu Transportation Development Group Co. is using a section of an existing highway to create the test site in eastern Shandong province, a company spokesman said Thursday.
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 TOP 10 HEADLINES
OF THE LAST WEEK

Why VW may become 2nd foreign automaker to gain control of China JV

GM's 2 joint ventures see sales decline again

Geely, Great Wall, BYD sales climb in March

VW eyes buying big stake in China partner JAC, report says

U.S.-China trade war reroutes U.S. import flows

Geely launches electric vehicle brand Geometry

BYD, worried about nickel supplies, welcomes JV talks

Infiniti to introduce Chinese-built EV in 3 years

Bosch sees China downturn extending into 2019

Volvo explores closer ties with shareholder Geely in China



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