China

YANG JIAN

VW, Ford, Nissan eye China's entry-level market

4:35 am U.S. ET | July 28, 2014
Global automakers have long been reluctant to sell cheaper vehicles in China as they seek to protect their healthy profit margins. But now foreign automakers are moving into China's entry-level segment in a quest for market share.... Read More »

 

Buick's Envision

12:01 am U.S. ET | July 28, 2014
Buick last week previewed the Envision crossover, center, a vehicle developed specifically for China, though sources say a U.S. version will be ready in the second half of 2015 as a '16 model.... Read More »

 

Audi cuts spare-part prices in China amid anti-monopoly probe

9:58 am U.S. ET | July 27, 2014
Volkswagen AG's luxury Audi brand plans to cut spare-part prices in China as global automakers rush to change their pricing strategies after Chinese anti-monopoly regulators began probing the auto industry.... Read More »

 

Jaguar Land Rover cuts prices on 3 models in China in response to government probe

7:40 pm U.S. ET | July 25, 2014
Jaguar Land Rover will cut prices on 3 models by an average of $32,300 starting August 1, after the National Development and Reform Commission, China's state planner, launched an investigation into monopolistic prices in the auto industry, the company said in a statement on Friday.... Read More »

 

Cooper-Standard begins operations at Asia Pacific tech center

2:44 pm U.S. ET | July 24, 2014
Auto supplier Cooper-Standard Automotive Inc. began operations at its Asia Pacific Technical Center today in Shanghai.... Read More »

 

Rolls-Royce names new China boss

July 22, 2014 06:01 CET
Rolls-Royce has named BMW veteran Leon Li as regional director for its China operations. China demand helped to boost the ultraluxury brand's global vehicle sales to a record 3,630 last year.... Read More »

 

Mercedes seeks to outpace premium rivals in China with more dealers, new models

July 22, 2014 10:35 CET
Mercedes expects to outpace the 17 percent to 18 percent growth in industry sales of premium vehicles in China this year, after merging two competing sales networks and adding new models.... Read More »

 

Germany's Rheinmetall forms new JV with China's Hasco

July 22, 2014 13:16 CET
Rheinmetall will shift a unit making aluminum engine blocks to a joint venture with China's Hasco to help finance growth at its automotive business, the German company said.... Read More »

 

JCI profits fall on restructuring charges

8:46 am U.S. ET | July 18, 2014
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue.... Read More »

 

BMW will raise China capacity to 400,000 vehicles

July 16, 2014 13:23 CET
BMW said it will raise capacity at its two Chinese plants by a third to 400,000 cars over the next two years and double the range of locally made vehicles to six models.... Read More »

 

Jaguar Land Rover sets H1 sales record

July 16, 2014 11:52 CET
Jaguar Land Rover said its global sales increased 14 percent to 240,372 vehicles in the first six months, its best half year to date, boosted by robust demand in China.... Read More »

 

China's sales outlook cut by trade group on slow economy, truck slump

2:04 am U.S. ET | July 14, 2014
China's state-backed auto association forecast that vehicle sales will slow more than it previously projected, as the economy showed little signs of improvement and more cities consider purchase restrictions.... Read More »

 

VW outsells GM in China to remain on track for repeat sales win

July 14, 2014 10:01 CET
VW outsold GM in China in the first half, keeping it on track to extend its reign as the best-selling foreign car company in the world's biggest vehicle market.... Read More »

 

Skoda bets on new models to revive China sales

July 11, 2014 06:01 CET
Skoda is counting on new models and dealership face-lifts to boost China sales more than 10 percent by the end of the year. Skoda was one of only two mass-market foreign brands to see a decline in China deliveries last year.... Read More »

 

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ex-Opel CEO Stracke eyes acquisitions to boost Magna Steyr's engineering unit

July 11, 2014 06:01 CET
Karl-Friedrich Stracke, Magna Steyr's head of vehicle technology and engineering, is betting on acquisitions in China. The supplier is watching the M&A market very closely, Stracke said in an interview.... Read More »

 

Renault plans swift China production ramp up

July 8, 2014 17:32 CET
Renault plans to add more Chinese production capacity to its new joint venture with Dongfeng soon after manufacturing begins in 2016. The carmaker is currently building its first Chinese factory to produce up to 150,000 vehicles annually.... Read More »

 

Tesla sued in China by businessman, escalating trademark dispute

9:34 pm U.S. ET | July 7, 2014
Tesla Motors was sued in China for trademark infringement in the latest example of the difficulties foreign companies face doing business in the country.... Read More »

 

PSA-Dongfeng raises 2014 China sales target

July 7, 2014 14:42 CET
PSA's Chinese joint venture with Dongfeng raised its 2014 sales target by about 50,000 vehicles after sales rose 24 percent in the first six months.... Read More »

 

VW to invest 2 billion euros to build new China plants

July 7, 2014 10:50 CET
VW says it will invest 2 billion euros ($2.7 billion) to construct two new vehicle plants in China. The move is part of a wider plan by the carmaker to invest 18.2 billion euros in its No. 1 market through 2018.... Read More »

 

'Transformers' star Trumpchi GS5 ready for its close-up in the U.S.

12:01 am U.S. ET | July 7, 2014
Now that the Trumpchi GS5 is a movie star, the Chinese automaker that builds the sporty crossover is ready to screen-test it for the United States.... Read More »

 

GM sees Cadillac's China sales rising at least 40% in '14

3:37 pm U.S. ET | July 4, 2014
GM expects Cadillac sales in China to rise by at least 40 percent this year, as the company steps up local output.... Read More »

 

Germany's Kiekert names new Asia chief

July 4, 2014 10:20 CET
Kiekert, a German supplier of automotive door locks and latches, has named Karl Lambertz director of its Asian operations.... Read More »

 

PSA-Dongfeng's fourth China plant receives approval

July 2, 2014 11:38 CET
PSA has signed an agreement with Chinese authorities to build a fourth factory with partner Dongfeng. The new plant will boost the venture's annual production capacity in China to 1 million units when it begins output in 2016, PSA said.... Read More »

 

YANG JIAN

Will global automakers drop Chinese partners?

7:32 am U.S. ET | June 30, 2014
China may relax its 50 percent ceiling on foreign automakers' ownership of joint ventures, but this may not lead to Western companies ditching their local partners if recent moves by BMW and VW are anything to go by.... Read More »

 

HANS GREIMEL

Ford's China explosion: 88 stores open in just 1 day

12:01 am U.S. ET | June 30, 2014
Over the span of just one day, June 19, Ford opened 88 dealerships in the country, bringing its total to 750 outlets in the world's biggest auto market.... Read More »

 

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