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As U.S. waits, Chrysler sends cars made in China to MexicoBy year end, Chrysler LLC will start shipping a China-made car to Mexico, says the car's manufacturer, Chery Automobile Co. Still under discussion are Chery-built cars for U.S. dealers of the automaker. The car for Mexico, sold in China as the Chery A1, will be badged with a Chrysler brand, says Zhang Lin , general manager of Chery International. [SUB] 12:01 am U.S. ET | May 12 |
BMW will increase dealers in ChinaBMW plans to add 30 more dealers in China this year to realize ambitious sales goals, a senior executive said. The German premium car maker also wants to provide better service to car buyers and owners. “One of our main focus points is customer service,” said Karl-Heinz Schmid, president of BMW China. [SUB] May 12 06:01 CET |
VW's China partners start to cooperate
Volkswagen has finally gotten its two partners in China to cooperate on something -- sort of. At the Beijing auto show, each of Volkswagen's joint ventures showed a new model designed in China for China. The two cars are built on the same platform. The joint ventures developed the two models together. But they only share some suppliers. [SUB] May 12 06:01 CET
China's Chery plans 7 new minicarsThanks to the help of an Italian design house, Chery Automobile expects to continue to dominate China's minicar market. At the Beijing auto show last month, China's largest domestic automaker debuted its new seven-member Faira minicar family, which was created by Torino Design. [SUB] May 12 06:01 CET |
For diesel engines, the future looks brightRising fuel prices and more stringent emission regulations will not stop Europe's love affair with diesel vehicles. “Those who bought a diesel model will never return to gasoline,” Wolfgang Hatz, head of engine and transmissions at the Volkswagen group, said last month at the Audi Q5 unveiling at the Beijing motor show. [SUB] May 12 06:01 CET |
GKN Driveline to grow in China
GKN Driveline plans to open a production plant during the first half of 2009 in the central China city of Wuhan in Hubei province. The 474,000-square-foot plant will supply driveshafts for Dongfeng Motor Co. and its joint venture programs with Honda and Citroen. [SUB] 12:01 am U.S. ET | May 12
Nanjing UK gets new head for production startHe Xiao Qing is the new chairman of Nanjing Automobile Corp.'s UK business. [REG] May 9 14:23 CET |
Fiat sets up central sourcing center in IndiaFiat is setting up a group purchasing office in India, the Italian carmaker said today, as part of its strategy to cut costs by buying more components from low-cost centers such as India and China. Fiat, which has a joint venture with India's Tata Motors for manufacture and distribution of cars, engines and commercial vehicles, said the move would help ensure greater competitiveness and better margins. [REG] May 8 09:35 CET |
Chinese drivers get away with speedingBEIJING (Reuters) -- Speeding drivers in south China are getting clear away thanks to machines which switch the numbers on their licence plates in seconds, state media said today. [REG] May 6 06:01 CET |
Audi sales in April boosted by China, RussiaDouble-digit growth in demand from wealthy customers in China and Russia helped boost sales of Volkswagen's luxury brand Audi by 2.9 percent to 86,700 vehicles in April, the company said today. "The April figure is just a taste of the considerable sales growth that we expect will come in the second half," Audi CEO Rupert Stadler said in a statement. [REG] May 6 11:45 CET |
Zetsche: deal with Jaguar, LR possibleDaimler is prepared to strike a deal with British carmakers Jaguar and Land Rover that could see the German carmaker sell components to its peers, CEO Dieter Zetsche told auto motor und sport magazine. Zetsche highlighted that Daimler holds a 7 percent stake in Indian car maker Tata Motors that owns Jaguar and Land Rover. [REG] May 5 09:43 CET |
Pirelli to reinforce position abroad
Pirelli is expected to outline plans to reinforce its position in high growth markets like China, India and Latin America when it releases its business plan expected this autumn, the daily Il Corriere della Sera said without giving a source. [REG] May 5 10:26 CET
Costs up in China, but bargains still aboundCosts are rising for parts producers in China. A new labor law boosts employee costs by up to 30 percent. Raw materials are becoming more expensive. The weakening U.S. dollar buys fewer goods. Companies also must spend time and money bringing domestic suppliers up to international standards. So is China still a low-cost source of components, or is the China price a myth? [SUB] 12:01 am U.S. ET | May 5 |
Philips opens lighting center in China
Philips Lighting, a division of Royal Philips Electronics, opened a small engineering center to adapt the company's products to vehicles in Asia. [REG] May 1 15:01 CET
