GAC Still Confident about Hong Kong Listing

As many become skeptical because of the long wait, the chief executive of Guangzhou Automobile Group Co., Ltd. (GAC), Zeng, Qinghong, re-assures that its plan to go public is well on track. GAC first submitted its listing application to the Stock Exchange of Hong Kong in January 2010. It originally planned to go public via […]

China Announces Four Key EV Standards

Many expect 2010 to be a milestone year for China’s electric vehicle industry. Several high-speed, all-electric car models will be ready for mass market later this year, some major investment plans have been signed, and the public begin to develop a serious buying interest in EVs. Underlying all these signs are the Chinese government’s regulatory […]

10 Electric Models To Be Released This Year?


At this year’s Beijing Motor Show, we counted more than 30 models of alternative energy vehicles from all major automakers. Most of them are either pure-electric or plug-in hybrid electric cars. According to Chinese media reports, more than a dozen pure-electric cars are to hit the showrooms this year. We are a bit skeptical about […]

SEAT May Land in China in 2015


SEAT, S.A., the Spanish auto manufacturer now owned by Volkswagen, will have Chinese-made models in four or five years, according to people following VW’s "South China Strategy." The last-mentioned multi-year expansion plan will include building a production base in Foshan, Guangdong, in southern China in partnership with FAW. Certain SEAT cars are believed among the […]

F3 Shares Top Position with Elantra Yuedong in April Sedan Sales

April passenger vehicle sales in China dropped 12.18% from last month to 1,110,900 units, including 759,800 sedans and 104,000 SUVs. But compared with April 2009, 33.21% more passenger vehicles are sold. Total vehicle sales, including both the passenger and the commercial sectors, reached 1,555,200 in April, a 10.37% drop from March and a 34.37% increase […]

A Virtual Tour of the SAIC-GM World Expo Pavilion


As China has officially become GM’s largest and most lucrative market, it is only natural to expect its strong presence at the 2010 World Expo in Shanghai, where its China headquarters are based. The SAIC-GM pavilion, built at an expense of 22 million US dollars, stages high tech, multimedia (including 3D) shows around the theme […]

Fiat to Re-introduce Jeep to China


The Jeep brand, now owned by Fiat-Chrysler, used to have a more intimate experience with the Chinese than perhaps any other foreign auto names. The BAIC-Jeep company (BAIC: Beijing Automotive Industry Holding Corp.) opened in 1983 to be the first sino-foreign joint auto venture, and Jeep Cherokee is the first oversea model mass-produced in China […]

Nissan’s Second Guangzhou Factory Breaks Ground

Construction of a new Nissan factory in Guangzhou officially started on May 8 with a grand ceremony. Dongfeng Nissan, Nissan’s China joint venture with Dongfeng Motor, plans to spend Yuan 5 billion on this huge facility comprising auto stamping, welding, paint, and general assembly shops. Production is to begin in 2012, with a designed capacity […]

Mitsubishi’s China Predicament

For years Mitsubishi Motors has been losing sales and money in developed markets like Europe and the US. But thanks to strong measures of cost reduction and increased sales in emerging markets, it posted a small profit (about $50 million) for the 2009-2010 fiscal year, the first in years. Planning to stay profitable in the […]

PSA and Changan Engaged, Uncertainties Remain

PSA Peugeot Citroën signed a letter of intent with Chang’an Auto on May 4 in Chongqing for setting up a joint venture producing small commercial vehicles and MPVs. The new company will be equally owned by the two parties, and based in Shenzhen, which neighbors Hong Kong. At this stage, however, many important details are […]

GAC Gets New Logo and Own Model


At the 2010 Beijing Auto Show GAC, or Guangzhou Automobile Group Co., Ltd., unveiled its new symbol as well as the first vehicle to be mass produced under its own brand name. The new emblem, seen in the background of our picture, is derived from the first letter of the company’s acronym, "G." For GAC, […]

Chery Began Building Karry Factory in Henan


Chery lay first stone for its manufacturing hub in Kaifeng, Henan province, last week. First to be built is the main factory to produce mini cars and vans under Chery’s brand "Karry." Designed production capacity is 200,000 units a year, and construction is scheduled to finish by February 2011. Later this year, construction of other […]

Mazda China Seeks to Disengage Ford

The rumor has been swirling for months that Mazda is seeking an independent partnership with Changan Auto from Ford. Now it is validated as the news breaks out that the production of the popular Mazda 3 has been ceased in the Changan-Ford-Mazda factory in Chongqing, and is shifting to the Nanjing factory–a production base Mazda […]