Jaguar and Land Rover are in talks with Chinese carmaker Great Wall over a potential manufacturing partnership in China, according to two executives from Great Wall. While nothing is certain at this stage, what’s clear is that Jaguar and Land Rover are two internationally-recognized brands that do not have any manufacturing presence in China, one...
Continue Reading...
Audi can’t get ’em out the door fast enough. The comapny’s factories are running at full capacity to meet record demand for the A6 sedan and A3 hatchback, forcing buyers to wait an average of three to four months to take delivery. During normal sales periods customers usually take delivery of their cars within eight...
Continue Reading...
Ask any auto manufacturer and they will say that one of the most important car markets at the moment is China. With their population and economic growth, China is now one of the largest car markets in the world, and it shows no signs of slowing down. Want proof? Jaguar and Land Rover have decided...
Continue Reading...
The long awaited next generation BMW M5 will get its first showing in (lightly disguised) concept form at the Shanghai Auto Show. With China becoming a rapidly important market for BMW (read: sales are booming), the new car, codenamed the F10, will surely be a hit with performance-minded buyers in China and the world over....
Continue Reading...
Speaking to Autocar Magazine, Ford‘s European design chief Martin Smith said “Our marketing people are telling us there’s demand for an affordable family saloon,” and Ford appears to be moving in that direction for the Chinese market. The Blue Oval will prepare a concept for the Beijing Auto Show, but rather than target the wealthy...
Continue Reading...
Following the lead of General Motors, Honda and Nissan, Volkswagen is looking into creating a sub-brand for the Chinese market, which would sell ultra-affordable compact cars in the world’s biggest auto market. “A local brand is our opportunity to participate in segments where Volkswagen is not represented yet,” said Volkswagen China’s CEO Wolfgang Neumann, in...
Continue Reading...
Surging demand and ambitious sales targets are causing BMW, Audi and Mercedes-Benz to expand factories in Europe and North America to simply keep up with production obligations. China and America are leading the resurgence for the German automakers, with Audi planning to roll out 13 new or upgraded models in 2011 alone, in the hopes...
Continue Reading...
With Porsche sales having recovered on par with pre-recession levels in the United States, Porsche’s CEO Matthias Mueller said that the brand is looking at adding production facilities in the United States or China so that the brand can meet its target of 200,000 sales by 2018. “We will consider this year whether to start...
Continue Reading...
Ever think car prices of imported vehicles in America are high? Well you won’t after comparing them to the Chinese market. According to China Car Times, the price of the new Porsche Cayenne S hybrid in China will be an eye watering 1.7-million Yuan, or roughly $257,397 in our currency. That means in China customers...
Continue Reading...
The number 9 signifies both longevity and excellence in China, and with Ferrari selling its 999th car in the Asian nation, what better time to celebrate? Johnson Zhang took delivery of the milestone vehicle, a brand new 458 Italia, at a ceremony overseen by Ferrari CEO Amadeo Felisa. “For Ferrari, China represents the present and...
Continue Reading...
Although Volvo is traditionally associated with all things Swedish, but Volvo’s new chairman is hoping to put down serious roots in China as well. “We are looking at a strategy of making China a second home market. Today we mainly only have one home market, in Sweden,” Volvo Cars China Chairman Freeman Shen said, in...
Continue Reading...
BYD, perhaps China’s best known car maker, is an acronym for “Build Your Dreams”, but their current product offerings look like someone else’s dreams shamelessly copied and sold under the Chinese automakers own badging. BYD’s S6 DM is a blatant rip-off of the Lexus RX crossover, and even has a dual-mode hybrid system similar to...
Continue Reading...
We’ll spare you the awful cliches about failing to learn from the past and get right to the point. “Emerging markets” like China and India are all the rage right now for profit-hungry car makers, but the same problems of too much supply and weakened demand could spell doom for OEMs if a similar situation...
Continue Reading...
China is increasingly becoming the market place for luxury brands, and Ferrari‘s banner year in the Chinese market will likely force the Italian supercar maker to shift more of its energy to the Far East as China and Hong Kong gobble up more and more cars. With 300 cars sold in 2010, China sold 50%...
Continue Reading...
You may have never heard of Guangzhou, China, but with nearly 12 million people, the industrial metropolis is a major player in the Chinese auto market. Making its debut at the show is one of China’s most anticipated new cars, the MG3 hatchback and MG6 sedan. Although Chinese cars are a laughing stock in much...
Continue Reading...
The importance of the Chinese market for car companies is growing at an astounding rate. Hoping to capitalize on this growth, Honda has launched a new sub-compact car at the 2010 China International Automobile Exhibition. The new model is called the S1 and is launched under the Chinese market only brand of Li Nian, a...
Continue Reading...
According to results compiled by Autodata Corp in the US, the premium car market has seen an overall growth of 11.1 percent in 2010, with BMW sales up by 11.6 percent, Mercedes-Benz by 18.6 percent and Audi by a whopping 23.6 percent.
Continue Reading...
Toyota is projecting sales of 8 million units in 2012, according to parts suppliers who have been briefed by the auto maker. The projections do not include units sold by Toyota subsidiaries Daihatsu and Hino. The last time Toyota sold such a volume was in 2007, when the company moved 8.42 million vehicles. Toyota expects...
Continue Reading...
However, Americans still remain the number one consumer of oil of the planet, gobbling up 8.2 million barrels of the black gold each day.
Continue Reading...
BYD, the Chinese automaker backed by American investment magnate Warren Buffet, has delayed plans to bring their B6 electric car to America to better engineer the car for American tastes. The Wall Street Journal, having spoken to a BYD representative, claims that, “the holdup was caused by BYD’s efforts to make the car roomier, especially...
Continue Reading...
Rolls-Royce is well on track to sell 800 cars in China, a figure that would see the country pass the United States as RR’s largest market. While Rolls sold just 100 cars in 2009, the brand sold 500 from January to October of 2010. Rolls is planning on adding another 4 stores in China, which...
Continue Reading...
In the Chinese market, Buick is kind of a big deal. Driven by emperors in pre-Communist times, the brand has carved itself a nice as a premium automaker that’s still accessible to the middle class. Most of their products are carried over from the American market (though built locally), but some, like the GL8 minivan...
Continue Reading...
Jaguar is playing hardball when it comes to competing in emerging markets, and is even asking managers to serve a stint in places like China, or else risk being passed over for a promotion. Jaguar’s parent company, Tata Motors, is looking to establish a joint venture manufacturing plant with a Chinese automaker to allow the...
Continue Reading...
China is looking at doing away with their mandatory rule forcing automakers to enter into 50/50 joint ventures with local Chinese auto makers. This arrangement allows Chinese automakers to gain knowledge from auto makers that are already established, allowing for a an accelerated learning curve while keeping some of the profits at home. However, the...
Continue Reading...
sidebar...
