CHINA NEWSLETTER September 15 2017
 
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China's growing market becomes more complex for global automakers
Yang Jian
China's new-vehicle market, already the world's largest, continues to expand. But for global automakers, the country is becoming an increasingly complex marketplace as a California-style carbon trading program forces them to form joint ventures with domestic companies that they would otherwise avoid. Pictured: Yang Jian is managing editor of Automotive News China.


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2017 FRANKFURT AUTO SHOW
In Europe, a call to innovate and build batteries, or lose more jobs to China
Reuters
Europe shouldn't rush to abandon the combustion engine and must build up its own production of electric vehicle batteries to compete with China, auto suppliers and manufacturers warned at this week's Frankfurt auto show.
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VW recalls nearly 5 million vehicles in China over Takata airbags
Reuters
Volkswagen Group and its Chinese joint ventures, FAW-Volkswagen and SAIC Volkswagen, will recall 4.86 million vehicles in China due to potential issues with Takata airbags, in a blow to the company in the world's largest auto market. The recall comes after Chinese watchdogs asked the automaker as well as General Motors and Daimler's Mercedes-Benz to recall vehicles with Takata airbags earlier this year.
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Hyundai in tailspin as sales fall with missile crisis; some China dealers may bail
Reuters
Chinese buyers are shunning Hyundai because of political tensions over a missile-defense system, with sales plunging 64 percent in the aftermath. Dealers in China say they're losing thousands of yuan on every Hyundai sale because of steep discounts, and some may drop the brand.
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Chinese customers embrace Mercedes-Maybach
Reuters
China is now by far the biggest market for Mercedes-Benz, a region where the luxury carmaker is still selling more than 500 Maybach sedans a month. "We are still seeing more than 500 sold a month. And if you see the prices, which we have no control over, then some customers are paying above list price," Hubertus Troska, Daimler's board member responsible for Greater China, told reporters at the Frankfurt auto show this week.
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Dongfeng-PSA skid grows as August deliveries fall
Automotive News China
Dongfeng Peugeot Citroen Automobile Co., PSA's joint venture with Dongfeng Motor Co., continues to lose market share, with August sales tumbling 38 percent to 26,205 vehicles. In the first eight months, the partnership's deliveries plummeted 46 percent from a year earlier to 195,138, according to figures disclosed by Dongfeng, a state-owned Chinese company.
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EV, plug-in hybrid demand remains robust
Automotive News China
Sales of electric vehicles and plug-in hybrids in China jumped 76 percent from a year earlier and approached 68,000 in August. The surge was driven by demand for EVs. Approximately 56,000 EVs were sold across the country last month, a gain of 96 percent year on year, according to the China Association of Automobile Manufacturers.
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Chery eyes Berlin for first European design studio
Automotive News Europe
Chery Automobile plans to open its first European design studio as the Chinese automaker targets Europe with a new range of electrified vehicles. The company has Berlin on the shortlist of potential sites, said Chery's executive designer James Hope, who will lead the automaker's design operations in the region.
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Dealership inventories continue to ease as sales growth resumes
Automotive News China
Dealership stockpiles eased for the second straight month in August, dropping to a 41-day supply on average from 46 days in July, as light-vehicle sales continued to grow. Dealerships with Chinese brands carried a backlog equal to a 48-day supply last month, down from 58 days the previous month, according to the China Automobile Dealers Association.
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2017 FRANKFURT AUTO SHOW
Borgward draws on 1950s heritage with modern Isabella
Automotive News Europe
Borgward, the German brand that has been revived with Chinese investment, introduced a modern take on its 1950s Isabella sedan that could become a flagship model. At the Frankfurt auto show, Borgward also said it will start sales of its China-built BX7 SUV in Germany this year, ahead of the start of local production at an assembly plant in Bremen, Germany, in 2019.
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 TOP 10 HEADLINES
OF THE LAST WEEK

How Beijing can fix China's fragmented used-car market

GM August sales climb 12% on Cadillac, Baojun and Chevy volumes

Ford deliveries dip on weak car demand

Hyundai clashes with partner BAIC over suppliers

Nissan slips behind Honda despite August gain

Great Wall sales edge up on strength of new brand

Volvo's August deliveries jump on demand for locally built vehicles

Tencent invests in German flying taxi

Luxshare goes global in dashboard electronics with ZF deal

Future Mobility launches Byton brand, eyes U.S., Europe



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