China

BMW agrees to pay $820 million to China car dealers, group says

Jan. 5, 2015 11:30 CET
BMW agreed to pay $820 million to its distributors in China to help cover their losses after the retailers stopped ordering cars from the automaker, a dealers' group said. Dealers in China have complained of meeting unrealistic sales projections to qualify for year-end bonuses....
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NEW PRIORITIES

Mercedes chases BMW and Audi in China

12:01 am U.S. ET | Jan. 5, 2015
Mercedes-Benz could become the first luxury carmaker to launch new models in China before rolling them out in Europe and the U.S....
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Explosions at auto-parts plant in China kills 17

1:34 am U.S. ET | Dec. 31, 2014
An explosion at an auto-parts factory in southern China's Guangdong province killed 17 people and injured 20 others, the official Xinhua News Agency said....
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Toyota dealer group in China warns up to 10% may quit as losses mount

12:19 am U.S. ET | Dec. 30, 2014
As many as 10 percent of dealers for one of Toyota's China ventures are poised to drop out of the network because they can't make money on the cars they're told to sell, a dealer's group warned....
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China sacks senior officials for deadly factory blast

10:52 pm U.S. ET | Dec. 30, 2014
China's government sacked two senior officials and will prosecute 18 others following an explosion in August at a car parts factory that killed 146, the country's worst industrial accident this year, state media reported....
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China extends green vehicle subsidies until 2020

3:40 pm U.S. ET | Dec. 30, 2014
China will extend subsidies for new energy "green" vehicles to 2020, according to draft rules published on Tuesday, extending the current incentive plan, which expires at the end of 2015....
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Hyundai to build 2 factories in China to better compete with VW, GM

7:41 am U.S. ET | Dec. 30, 2014
Hyundai will build two factories in China, its first new manufacturing plants since 2012 as the South Korean automaker bets on growth in the world's biggest car market even as the economy slows....
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China's Shenzhen caps new-vehicle plates to control smog, congestion

8:04 am U.S. ET | Dec. 29, 2014
China's southern city of Shenzhen capped new car license plates at 100,000 a year, becoming the latest city to curb vehicle purchases to control smog and traffic congestion in the world's most populous country....
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Tesla to help Chinese buyers trade in their old cars for Model S

8:10 am U.S. ET | Dec. 26, 2014
Tesla Motors will help Chinese buyers trade in their old cars if they buy a Model S, part of the automaker’s latest efforts to spur sales of its all-electric sedan in the world’s biggest vehicle market....
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China show organizers: Spotlight cars, not models

12:01 am U.S. ET | Dec. 22, 2014
China's show organizers are starting to have second thoughts about the old maxim "sex sells."...
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Jaguar picks XE as first China-made model

Dec. 21, 2014 06:01 CET
Jaguar's new XE will be the brand's first model made in China. The midsize premium sedan will be built alongside the Land Rover SUVs in Changshu....
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Honda recalls 569,000 vehicles in China over Takata airbags

6:49 am U.S. ET | Dec. 16, 2014
Honda is calling back about 569,000 vehicles in China to investigate potential defects with airbags made by Takata, underscoring the global reach of the safety crisis after similar campaigns in the US, Canada and Japan....
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HANS GREIMEL

Why the Chinese auto shows will refocus on the car models

12:41 pm U.S. ET | Dec. 15, 2014
One hallmark of Chinese auto shows is their politically incorrect zeal for, ahem, “alluring” floor models. Now, show organizers are starting to have second thoughts about the old maxim “sex sells” and the damage done to their image...
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Smart says China will be its top market

Dec. 15, 2014 08:29 CET
China could overtake Germany and Italy to become the biggest market for Smart in a few years, Smart CEO Annette Winkler said. Smart will launch the latest ForTwo and its new ForFour in China next year....
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Tesla’s China president resigns after less than 9 months in post

7:00 am U.S. ET | Dec. 12, 2014
Tesla Motors said its top manager in China is leaving the company after less than nine months in the position....
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Ford-Getrag JV names new COO

Dec. 12, 2014 06:01 CET
Getrag Ford Transmissions, a joint venture between the U.S. automaker and the German supplier, has named Sue Slaughter as its chief operating officer. Getrag also appointed a new Asia boss....
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Mercedes needs China boost to regain global luxury sales lead, exec says

Dec. 10, 2014 15:29 CET
Mercedes needs to catch up with rivals BMW and Audi in China to meet its goal of becoming the global No. 1 in luxury car sales by 2020, Hubertus Troska, the carmaker's China chief, said....
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JLR executives are seeing double -- and seeing red

12:01 am U.S. ET | Dec. 8, 2014
Jaguar Land Rover executives got their first look at the Land Wind X7. last month at the Guangzhou Motor Show -- and they weren't amused....
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Carmakers hit the gas as China slows down

12:01 am U.S. ET | Dec. 8, 2014
Chinese bureaucrats are jittery, maybe even a bit panicky, about the country's slumping economy. But global carmakers sound as optimistic as ever as they place big bets on the world's biggest auto market....
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Ford tops 1 million in annual sales in China for 1st time

11:23 am U.S. ET | Dec. 5, 2014
Ford today said it has sold more than 1 million vehicles in China for the first time in a calendar year. And it did so with a month left to go. The automaker said its China sales from January through November were 1,007,425 units, a 20 percent increase from the same period in 2013....
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Grupo Antolin, Dongfeng Visteon form China JV for interior parts

Dec. 5, 2014 06:01 CET
Spanish supplier Grupo Antolin is forming a joint venture with Dongfeng Visteon to produce interior components in China. The JV will supply components to Renault, PSA/Peugeot-Citroen and other customers....
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Toyota widens airbag recalls to China, Japan

Dec. 4, 2014 13:07 CET
Toyota has widened a U.S. recall of its vehicles linked to defective airbags made by Takata to include some of the same models in China and Japan, after one of the devices ruptured in a car at a scrapyard in its home country....
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STEC, affiliate of China's SAIC, to open North American headquarters in Michigan

9:54 am U.S. ET | Dec. 1, 2014
Supplier STEC USA, an affiliate of China's SAIC Motor, will establish a new headquarters and a plant in an existing facility near Detroit that has been used mainly for sales and marketing....
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Dongfeng faces corruption probe from Chinese authorities

Dec. 1, 2014 14:05 CET
Chinese authorities are investigating state-owned automaker Dongfeng Motor for possible corruption. Dongfeng is a local partner of PSA/Peugeot-Citroen and earlier this year bought a 14 percent stake in the French automaker....
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Fiat Chrysler deepens China partnership to help Jeep

Nov. 29, 2014 06:15 CET
Fiat Chrysler and Guangzhou Automobile will form a separate China venture to integrate sales and marketing for the Fiat, Chrysler and Jeep brands. The move will help pave the way for local Jeep production in China, according to Guangzhou....
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