China

Hyundai expects 'tepid' global sales growth amid uncertainties

6:32 am U.S. ET | July 13, 2015

Hyundai Motor Group expects “tepid growth” for global auto sales in the second half of this year because of economic uncertainties and a weak won.... Read More »

China auto market growth forecast slashed to 3%

July 10, 2015 09:42 CET

China's vehicle sales will grow only 3 percent year-on-year in 2015, an industry association said today, in a major downward revision of its previous prediction of 7% growth for the year.... Read More »

VW said to offer $161 million to struggling China dealers

July 10, 2015 09:35 CET

VW Group is offering financial assistance totaling 1 billion yuan ($161 million) to support some of its dealers in China as demand slows in its largest market, according to people with knowledge of the matter.... Read More »

VW's Seat mulls China sales with new SUV

July 10, 2015 06:01 CET

VW's Seat brand could sell its forthcoming compact SUV in China in one of the few segments still posting growth in the world's largest auto market. Seat had planned to launch sales in China in 2012 but postponed the move to concentrate on fixing its money-losing European operations.... Read More »

China auto sales fall for first time in more than 2 years

6:45 am U.S. ET | July 8, 2015

China's vehicle sales fell for the first time in more than two years as the nation's economic growth slowed and a stock-market rout dented buying sentiment.... Read More »

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Renault China boss counts on SUVs, Nissan to help win in key market

July 7, 2015 06:01 CET

Renault is convinced it can become a key player in China because of the addition of two locally built SUVs and its strong ties to alliance partner Nissan, which is well established in the market. Renault's China boss, Jacques Daniel, outlined the automaker's plans to Automotive News Europe.... Read More »

GM China growth outpaced by U.S. in first half

6:35 am U.S. ET | July 6, 2015

GM posted a slower pace of growth in China sales in the first half than in the U.S., as the economy slowed in its biggest market and local competitors flooded the market with cheaper SUV models.... Read More »

Cuba orders 719 cars from China's BYD for tourist rentals

11:14 am U.S. ET | July 3, 2015

The Cuban government ordered 719 cars from China's BYD Co. which it will rent out to tourists in a deal that is a bright spot for Chinese automakers facing a weak export market.... Read More »

Japanese cement comeback in China as Toyota posts record sales

3:19 am U.S. ET | July 3, 2015

Japanese automakers sold a record number of cars in China in the first six months of the year, cementing a comeback from anti-Japanese protests in 2012.... Read More »

Saab owner to build EV plant in China

July 3, 2015 11:06 CET

China's National Electric Vehicle Sweden, which owns the assets of bankrupt Swedish automaker Saab, broke ground on a plant in China to produce electric vehicles. The company did not release any details about the EVs and it's not clear whether they will be marketed as Saabs.... Read More »

Jaguar Land Rover will make China chief its Europe boss, source says

July 1, 2015 10:45 CET

Jaguar Land Rover will move Bob Grace, its China chief, to lead its European unit, a source said. The company's new China chief will have to deal with slowing industrywide demand amid a prolonged government crackdown on graft and conspicuous consumption, which has hit luxury car sales.... Read More »

Germany's Getrag getting interest from Magna, Dana, China, report says

3:36 pm U.S. ET | June 30, 2015

Getrag, one of the biggest independent makers of transmissions, has attracted interest from automotive suppliers including Canada's Magna International Inc., people with knowledge of the matter told Bloomberg.... Read More »

Citroen CEO confirms next C5 for China; Europe future unclear

June 30, 2015 06:01 CET

Citroen will replace its C5 midsize model, CEO Linda Jackson told Automotive News Europe, but she would only confirm that the next-generation car would be sold in China. Jackson said there is a “question mark” over whether Citroen would sell the replacement in Europe.... Read More »

Spanish supplier Ficosa opens third China plant

June 30, 2015 11:32 CET

Spanish supplier Ficosa has opened its third Chinese plant in the city of Shenyang to supply automakers in the north of the country, including BMW.... Read More »

VW to launch low-cost car family for China, possibly elsewhere, in 2018

9:16 am U.S. ET | June 28, 2015

Volkswagen plans to launch a family of low cost budget cars in China and possibly elsewhere starting in 2018, CEO Martin Winterkorn said in a newspaper interview published Sunday.... Read More »

Porsche mulls legal action over Macan copy in China, report says

June 26, 2015 06:01 CET

Porsche may take legal action against Zotye Automobile over the Chinese automaker's T700 SUV that closely resembles the Macan, a report said. The T700 is due to launch next year at a price much lower than the Macan's.... Read More »

McLaren boosts profit threefold on China sales

June 26, 2015 11:51 CET

McLaren said its 2014 pretax profit rose threefold, helped by rising sales in China. McLaren sold 1,649 cars in 2014, but expects to increase annual production to 4,000 by 2017 as it adds new entry-level models to its lineup.... Read More »

Continental begins construction of brake factory in China

June 26, 2015 06:15 CET

Continental began construction of a factory in Chongqing in southwest China to supply brakes to automakers operating in the area.... Read More »

Rolls-Royce's China sales drop on luxury crackdown

June 25, 2015 10:39 CET

Rolls-Royce sales are being hit by a "cool wind blowing in China," said the executive in charge of the ultraluxury brand, as the nation's wealthy pull back from ostentatious purchases amid a government crackdown on conspicuous consumption.... Read More »

Mercedes's $230,000 Maybach S class defies China's cooling luxury market

June 21, 2015 06:01 CET

Mercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year when it targeted the super-rich with a stand-alone model.... Read More »

YANG JIAN

BLOG: VW pays the price for failing to respond to evolving customer needs in China

5:00 am U.S. ET | June 19, 2015

After outperforming the market for almost a decade, Volkswagen, the top-selling brand in China, has begun to lose market share as the economy slides and the automaker becomes less responsive to evolving consumer needs.... Read More »

Geely will unveil compact car developed with Volvo at Geneva show

June 16, 2015 12:15 CET

Geely Automobile will unveil the first compact car jointly developed with Volvo at the Geneva auto show in March. The two automakers, both units of China's Zhejiang Geely Holding Group, plan to develop a series of models using a shared architecture.... Read More »

Beijing angered by U.S. duties on Chinese tires

7:26 am U.S. ET | June 15, 2015

China's Commerce Ministry today blasted the U.S. for imposing duties on certain automobile and light truck tires imported from China, calling the move "unreasonable" and damaging to world trade.... Read More »

U.S. slaps duties on Chinese tires for cars, light trucks

5:33 pm U.S. ET | June 12, 2015

The United States on Friday imposed duties on certain car and light truck tires imported from China after finding they were being dumped at below-market value and unfairly subsidized by Beijing.... Read More »

VW Group sales fall for 2nd consecutive month

June 12, 2015 20:26 CET

VW Group sales fell for a second month in May and at a faster pace than in April, highlighting the German carmaker's difficulties in weak emerging markets. Deliveries at the 12-brand group slid by 2.6 percent to 858,000 vehicles in May, VW said.... Read More »

 
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