Zotye Aims to Sell 3,000 Electric Cars This Year

We reported last week that Zotye Auto, based in Zhejiang, had started leasing pure-electric cars to individual customers in the city of Hangzhou. While not knowing how many vehicles have been delivered, we hear from Zotye that it is extending its EV sales network to other cities such as Shenzhen and Shanghai, and aims to […]

Updated:Shanghai GM to Build Chevrolet Captiva


Update on August 10: Analysts say this week that Shanghai GM is likely to launch the production of the second generation Captiva towards the end of 2011, and general release will be in early 2012 instead of the fourth quarter this year–as reported below. Much of the production preparation will be conducted by the Pan […]

July’s Best Selling Sedans and SUVs

China Association of Automobile Manufacturers (CAAM): A total of 1.244 million new vehicles were sold in July, up 14.42% from July 2009 but down 11.9% from June. Passenger car sales reached 946,200 units, 9.27% less than June but 13.55% more than a year ago. 655,100 Sedans were delivered, 7.07% less than June. SUV sales fell […]

Mercedes-Benz Sales in China Tripled in July

New car sales of Mercedes-Benz China reached yet another record monthly high in July. Data from Daimler AG show that consumers in mainland China bought nearly 14,500 vehicles under the Mercedes-Benz, AMG, Maybach, and Smart brands last month, 201% more than July 2009. For the first seven months, sales gained 134% to 74,070 units, surpassing […]

Forget Leaf and Volt. You Can Have a Zotye EV Now!


Zotye Auto is one of those lesser-known Chinese automakers that aspire to become a major player in the future global market of electric cars. While many are still waiting for the general release of Nissan Leaf, Chevrolet Volt, or BYD e6, Zotye already started delivering its affordable, high-speed, all-electric cars to individual consumers. And they […]

Wuling Resists Selling SGMW Stake to GM


General Motors has been so successful in China that people tend to forget that it too has suffered quite a few setbacks there over the years. One major unfulfilled desire of its is to have more say in SGMW, the largest microcar maker in China. A partnership between SAIC, GM, and Wuling, SGMW sells more […]

BYD Lowers 2010 Sales Target by 1/4

Our July 9 analysis that BYD could not meet the goal of selling 0.8 million units in 2010 proved well-grounded. Yesterday, the Shenzhen-based, Hong Kong-listed automaker announced that it had lowered this year’s sales target to 0.6 million. BYD sold 33,046 new cars in July, down 6% from June. For the first seven months, sales […]

July Sales: Chang’an Ford, Shanghai VW, GM China

Chang’an Ford: The passenger car joint venture sold 18,255 Ford brand vehicles in July (not including commercial vehicles, mainly Transit MPV, sold by Jiangling Ford). Focus continued to be its No.1 selling model, delivering 11,413 units, followed by Fiesta at 4,246 units. In the first seven months of this year, Chang’an Ford sales reached 170,053 […]

Geely Completes Acquisition of Volvo Cars


A ceremony took place in London today to mark the completion of the purchase of Volvo Car Corporation by China’s Zhejiang Geely Holding Group. The deal was signed on March 28 this year, and ratified by the Chinese government on July 26, by the EU on July 6, and by the US still earlier. Ford […]

Chinese Auto Sales Down 6.7% from June to July–CATARC

Data released by China Automotive Technology and Research Center (CATARC) today confirmed that July saw the worst monthly sales of new autos in China so far this year. Consumers bought 1,056,200 units, 6.7% less than June. Compared with the same period last year, sales gained 17.18% in July, slowing down from the overall year-on-year growth […]

“New Beetle” EV for Only $3,000?


(The pics: "VW New Beetle" EVs) As today’s China can tell, EVs are not all high-tech, high-priced products gaining favors from governments everywhere. Pure-electric cars can be cheaper and easier to make, and many Chinese officials, especially those in big cities, just cannot tolerate them–even though the general public often find them useful. Workshops have […]