Mitsubishi’s New Global Small Car to be Built in Thailand, and then China

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Osamu Masuko, President of Mitsubishi Motors, confirmed last week that China will join Thailand to have a "Global Small" car production base. Development of the supermini eco-car is expected to complete next year, and production in Mitsubishi’s new plant in Thailand will start in late 2011 or 2012. The Thailand base has a planned annual […]

Best Sellers in June

China Association of Automobile Manufacturers (CAAM): New vehicle sales totaled 1.41 million units in June, up 23.48% year-on-year but down 1.83% from May. In the first six months of this year, auto sales increased 47.7% year-on-year to 9.01 million units. 1.04 million passenger cars were sold in June, including 704,900 sedans (up 10.04% from year-earlier […]

Dongfeng Peugeot Citroen H1 Sales Reached 175,000 Units, Revenues Up 85%

Dongfeng Peugeot Citroen, the joint venture of Dongfeng Motor and PSA, has reported a 85% jump in first-half revenues from a year ago to 17.85 billion yuan, or 2.63 billion US dollars. New vehicles sales in the first six months reached 175,000 units, up 49% year-on-year. Citroen H1 sales increased 62.37% from year-earlier level to […]

4 Chinese Auto Companies Made the Fortune 500 List

Fortune Magazine included four Chinese automakers into its 2010 list of the world’s largest companies, measured by revenues. Dongfeng Motor, the best-ranked among the four, comes the 182nd with revenues of 39,402 million US dollars. A total of 54 Chinese firms made the list, 43 of them from mainland China. Three energy giants rank among […]

Chang’an and PSA Agree on China Joint Venture

Chang’an, the fourth largest Chinese automaker, and France’s PSA Peugeot Citroen signed a contract today in Paris to establish a joint venture for manufacturing and marketing passenger and light-duty commercial vehicles in China. The new company, to be based in Shenzhen, will be equally owned by the two sides. If ratified by the Chinese government, […]

BYD Sales to Miss Target by a Wide Margin

At the beginning of this year, BYD Auto set the goal of doubling its 2009 sales to 0.8 million units in 2010, confident that the astounding growth–more than 100% year-on-year–it had enjoyed in the past few years will continue. Yet, the overall market has been slowing down in the past three months, and BYD has […]

Upcoming Releases: SAIC Roewe W5

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While running highly profitable ventures in partnership with Volkswagen and General Motors, Shanghai Automotive Industry Corporation (SAIC) has been committed to building up its own capability in recent years. It bought MG and launched Roewe. Towards the end of this year, its first SUV model, currently named W5, will hit the market under the Roewe […]

Upcoming Releases: JAC Yueyue Supermini

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Known in the past mainly for its light-duty trucks and buses as well as the Refine (Ruifeng) MPV, Jianghuai Automobile Co. Ltd. (JAC) has become a first-tier passenger-car maker in China in just a few years. In the first five months of this year, it sold 191,700 sedans and MPVs, surpassing Geely, Chang’an-Ford-Mazda, GAC Toyota, […]

Shanghai Volkswagen H1 Sales Up 40%, Skoda Soaring

Shanghai Volkswagen, one of VW’s two passenger car ventures in China (the other being FAW VW), announced yesterday that new vehicle sales in the first half of 2010 increased 39.8% from a year ago to 447,008 units. June sales increased 27.7% year-on-year to 83,066 units, with Lavida delivering 21,305, Passat Lingyu (Passat B5) 12,650, and […]

Ford China Sales Gained 53%

Ford’s China ventures sold 301,524 new vehicles in the first half-year (including Volvo cars), rising 53% from a year ago, while the overall Chinese auto market expanded about 30% in the same period. Its passenger car joint venture, Chang’an Ford Mazda, delivered 205,563 units, including 151,779 under the Blue Oval. Fiesta sales more than doubled, […]

Half-Year Auto Sales in China Reached 7.19 Million Units

Data released by China Automotive Technology and Research Center (CATARC) show that new vehicle sales in China increased 30.45% from a year ago to 7,185,300 units in the first six months of 2010. During this period, 8,472,200 units were manufactured, up 44.37% from year-earlier level. After setting a historical monthly high in March, close to […]

Subaru Is Seeking China Production Venture

It has been reported that Subaru, the Japanese automaker known for its boxer engine and all-wheel drive technology, was looking for a local partner to set up production in China. No official statement has been given, but last month one of its directors acknowledged that having a Chinese factory is a real possibility in light […]

Upcoming Releases: Accord Crosstour from GAC Honda

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GAC Honda, Honda’s China venture in partnership with Guangzhou Automobile Group Co. (GAC), will start to build and market Crosstour, the crossover version of the eighth generation Accord in North America and China (also made by GAC Honda), in the coming October. Currently both the European and North American versions of the eight generation Accord […]

GM H1 China Sales Topped 1.2 Million

Sales of General Motors’s China ventures reached 1,209,138 units in the first half of this year, up 48.5% from year-earlier level, according to GM. Growth cooled down to 23.2% in June, with a total of 176,486 (new) vehicles sold. Although it sold less, 1.08 million units, in the US during the same period, we hesitate […]