Chery’s May Exports Jumped

Chery Auto continued to lead Chinese auto exports in May, reporting a year-to-year increase of 259% in overseas sales, reaching 8,053 units. While growing fast, the volume looks modest in light of its total monthly sales of 52,410 new vehicles. In recent months, overseas demand for Chery cars has undergone a strong recovery from the […]

Honda Lost Yuan 3 Billion in Sales on Strike

Honda took a hard hit from the walkout which lasted more than two weeks in its Guangzhou transmission plant. The loss in sales revenue is estimated at 3 billion yuan, or 0.44 billion US dollars. As the walkout effectively shut down all of its assembly lines in China for more than a week, Honda is […]

2010 Volkswagen Bora To Be Released on June 10

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To maximize profit, Volkswagen China sells three different generations of the Jetta compact sedan on the new car market at the same time: "Jetta," Bora, and Sagitar. Among the three, Bora can be traced back to the 2001 Jetta. The current model, called new Bora, came from the re-designed, 1998 Bora. Underneath a slightly upgraded […]

Mazda’s China Sales Grew 32% in May

A total of 18,392 new vehicles were sold in May 2010 bearing the Mazda logo, 32% more than the same period last year, Mazda China announces. This compares with the overall market growth at 29.74% in May. For the first five months, Mazda’s sales in mainland China reached 86,651, increasing 34% from year-earlier level. At […]

Brilliance BMW Begins Building New Factory

The second factory of BMW’s Chinese venture in partnership with Brilliance Auto breaks ground on June 2. To be built at a cost of Euro 560 million, the new factory will be ready for production in about two years. China is currently the third largest market for BMW, whose sales on the mainland (that is, […]

BYD: Only 1,000 E6s for 2010

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With the start of the electric car subsidy program on June 1, many expected BYD to begin releasing the much-talked-about e6 all-electric car to the general public later this year. A spokesman for the Shenzhen-based company, however, adamantly denied any such plan today, stressing that only 1,000 units of e6 will be built this year […]

China’s Trial Program to Subsidize Electric Cars Meets with Disappointment

The Chinese government launched a testing program that pays part of the production cost of plug-in hybrid and all-electric battery cars. At present, five cities participate in the project: Shanghai, Hefei, Changchun, Hangzhou, Shenzhen. The sum of subsidy an e-car can receive is determined by the capacity of its battery packs that provide propulsion: 3,000 […]

China’s May Auto Sales Nears 1.2 Million

Monthly new vehicle sales dropped 13.95% from April to 1,194,700 units in May 2010, according to China Automotive Technology and Research Center (CATARC). Compared with the same period last year, May sales increased 29.74%. In the first five months this year, a total of 6,053,300 new vehicles were sold, 34.07% more than the year-earlier level. […]

The Unconvincing BYD-Daimler Alliance

Daimler AG and BYD Co. Ltd. announced on 27 May that they were joining forces to develop electric cars. Details on the planned new venture, to be called Shenzhen BYD Daimler New Technology Company, are scant. There are quite a few signs, though, that the deal lacks substance as well as coherence, and should better […]

Mercedes-Benz: Release of Extended E-Class Imminent, Engine Plant Planned

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Update on June 18: The long-wheelbase E-class from Beijing Benz is officially released today. For prices and features, visit here. Premiered at the Beijing Motor Show one month ago, the extended Mercedes-Benz E-Class sedan rolled off the assembly line of Beijing Benz Automotive Co. (BBAC), a joint venture of Daimler AG and Beijing Auto, on […]

GM-China’s 2010 Sales Topped 1 Million

General Motors’ China branch announced on May 28 that it had sold 1 million vehicles so far this year, half-way to attaining the annual target of 2 million units. Last year it reached 1 million sales in mid August, and 1.83 million by the year-end. The event was celebrated on GM’s Shanghai campus. Kevin E […]

Update on Guangzhou Honda Walkout: China’s Official Union Sees “Psychological” Roots of Labor Unrest

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As the walkout taking place at a Honda parts plant in Foshan, Guangdong enters the thirteenth day, the only union allowed in China, the government-controlled All China Federation of Trade Unions, issues a statement, calling attention to the "psychological" and "spiritual" needs of the working class on the way to achieve greater social harmony. So […]