ChinaGM to invest about $16 billion in U.S. market by 2016 10:04 am U.S. ET | May 6, 2013  GM is planning to invest about $16 billion on U.S. factories and facilities through 2016, more than it will spend in China, the company said.... Read More »
GM China April sales rise 15% as Toyota struggles 6:19 am U.S. ET | May 6, 2013  General Motors reported sales growth in China accelerated last month while Toyota's sales continued to lag. GM sales climbed 15 percent to 261,870 units in April, according to figures released today by the carmaker. Toyota reported sales fell 6.5 percent to 76,400 units, the ninth drop in 10 months.... Read More »
In China, car deliveries are reasons to celebrate 12:01 am U.S. ET | May 6, 2013  HONGQING, China -- When Xiu He Ping and his family took delivery of their shiny blue Ford Focus last month at An Fu Ford in Hongqing, China, they walked into a special courtyard where a half-dozen new cars sat, each with a shiny, red bow draped across its hood. Suddenly, cannons shot shimmering confetti into the air. Dealership employees gathered to applaud.... Read More »
First-time car buyers are driving China market growth 12:01 am U.S. ET | May 6, 2013  The thrill of new-car ownership may be largely gone in the United States, where young consumers can be enamored of smartphones and iPads. But new-car excitement is very much alive and well here in China, the world's largest car market.... Read More »
FINAL ASSEMBLY Mercedes' China dealers get a trip to the woodshed 12:01 am U.S. ET | May 6, 2013 Struggling to keep pace with BMW and Audi in China, Mercedes-Benz has taken dealers in that country to task. In a strongly worded letter, Daimler China sales chief Nicholas Speeks accused them of laziness and threatened consequences.... Read More »
Audi and Cadillac target young Chinese buyersMay 3, 2013 06:01 CET Audi is fueling its growth in China with a range of less pricey compact crossovers and sedans -- such as the A3 sedan introduced this month in Shanghai -- to expand its appeal to retail customers.... Read More »
U.S. judge sentences couple to jail for stealing GM trade secrets 5:55 pm U.S. ET | May 1, 2013  A Michigan couple found guilty of stealing General Motors trade secrets related to hybrid-car technology was sentenced to jail in federal court in Detroit.... Read More »
U.S. judge sentences couple to jail for stealing GM trade secretsMay 1, 2013 23:55 CET  A Michigan couple found guilty of stealing General Motors trade secrets related to hybrid-car technology was sentenced to jail in federal court in Detroit.... Read More »
GM pulls Chevrolet ad that includes song labeled as racist 2:29 pm U.S. ET | May 1, 2013  GM apologized for a Chevrolet ad that included a song referring to "the land of Fu Manchu" where all of the girls sing "ching, ching, chop-suey," which one Chinese newspaper called racist. The ad ran in Canada and never appeared in China.... Read More »
BMW studies China for hints on global trendsMay 1, 2013 06:01 CET  BMW is studying ways to meet the fast-changing demands of China's car buyers to determine whether trends such as tele-dining and a heavy reliance on voice messaging will expand globally.... Read More »
Faurecia, China's Changan form JV to make interior partsMay 1, 2013 13:28 CET Faurecia has formed a joint venture with China's Changan Automobile Group that will build two factories to produce instrument panels, door panels, consoles and other interior components.... Read More »
Valeo expects to double China sales by 2015May 1, 2013 10:41 CET  French supplier Valeo expects annual sales in China to reach 20 billion yuan ($3.2 billion) by 2015, doubling its 2012 revenues.... Read More »
Nissan names ex-BMW China exec to head local Infiniti operationsMay 1, 2013 06:01 CET  Nissan has named Daniel Kirchert, a former BMW executive in China, to head its luxury brand Infiniti in the country, as it seeks to expand production and dealerships in the world's biggest auto market.... Read More »
VW eyes China growth to ease pain in EuropeApril 30, 2013 06:01 CET  Volkswagen expects sales in China this year to outpace total sales volume in the market, which the carmaker believes will increase 6 percent to 8 percent. In Europe, the automaker remained resilient to a recession in its home region as high-end sales from its newly-intergrated Porsche unit help offset a drop in deliveries at the carmaker's core mass-market brand.... Read More »
Mercedes chides dealers in China over lackluster salesApril 29, 2013 20:08 CET  Daimler China sales chief Nicholas Speeks accused independent Mercedes dealers in China of laziness. In the first three months, Mercedes sales in China dropped 12 percent.... Read More »
Mercedes chides dealers in China over lackluster sales 2:08 pm U.S. ET | April 29, 2013  As Daimler AG struggles to keep pace in China with rivals BMW and Audi, the company is picking a fight with its own dealers.... Read More »
Couple found guilty of stealing GM secrets set for sentencingApril 29, 2013 06:01 CET  A Michigan couple found guilty of stealing General Motors trade secrets related to hybrid-car technology to help develop similar vehicles in China will be sentenced Tuesday in Detroit.... Read More »
West is best for growth in China sales, output 12:01 am U.S. ET | April 29, 2013  Automakers, urged on by China's national and local governments, are eager to expand in the markets of central and western China. Future growth will be in the hinterland, auto executives interviewed during this month's Shanghai auto show agreed.... Read More »
Suppliers follow automakers to inland cities 12:01 am U.S. ET | April 29, 2013  International suppliers are moving into western China because that's where their customers are. For components with high shipping costs the supplier often puts a plant just a few miles down the road from its customer.... Read More »
FINAL ASSEMBLY Here come the Chinese, again (maybe) 12:01 am U.S. ET | April 29, 2013  There has been talk for years about Chinese automakers selling cars in the United States, but Chinese companies' problems with quality and corporate know-how, plus the enormous cost of building a sales network, have made those prospects fizzle. But here's a new wannabe.... Read More »
FINAL ASSEMBLY Unveiled in China: The recall riot squad 12:01 am U.S. ET | April 29, 2013 China's automotive press corps can get pretty rowdy, apparently. Thus Volkswagen officials were taking no chances after a report on state-controlled TV about defective gearboxes that prompted VW to recall a record 384,181 vehicles in China.... Read More »
NEWS ANALYSIS Is Cherokee the global Jeep? 12:01 am U.S. ET | April 29, 2013  The Cherokee is starting to look like Jeep's global SUV. Jeep President Mike Manley called the Cherokee "an obvious choice" for production in China.... Read More »
SHANGHAI AUTO SHOW Ford weighs compact for China 12:01 am U.S. ET | April 29, 2013  With an eye to growth in China's booming compact car market, Ford has revived an old nameplate for a new concept car. The Ford Escort Concept is an extended-wheelbase version of the Focus.... Read More »
SHANGHAI AUTO SHOW Audi and Caddy target young Chinese buyers 12:01 am U.S. ET | April 29, 2013 More retail owners of luxury cars in China drive their own vehicles, so automakers give more attention to driving performance, cockpit design and front-seat amenities.... Read More »
Renault hopes for China plant approval by summerApril 27, 2013 12:59 CET  Renault hopes to receive final approval from Beijing by the summer to build its first plant in China, CEO Carlos Ghosn said.... Read More »
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