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Found 70 results

  1. The Nissan Titan will soon be available for sale in China. According to Automotive News, Nissan is planning to export Titans from their Canton, Mississippi plant to China to hopefully take a slice of the country's commercial and construction segments. But Nissan North America's Chairman Jose Munoz admits there's another reason for the Titan in China. "The Chinese look very much to the United States and they see pickups driving families here. They asked, Why don't we have those pickups here?" said Munoz. Nissan is saying how many Titans it will be sending to China, but Munoz said there isn't a lot of factory capacity to build out more Titans at the moment. This seems to mesh with Nissan's plan on launch the Titan family of trucks into other markets we on reported last month . Source: Automotive News (Subscription Required) View full article
  2. Nissan Sending the Titan to China

    The Nissan Titan will soon be available for sale in China. According to Automotive News, Nissan is planning to export Titans from their Canton, Mississippi plant to China to hopefully take a slice of the country's commercial and construction segments. But Nissan North America's Chairman Jose Munoz admits there's another reason for the Titan in China. "The Chinese look very much to the United States and they see pickups driving families here. They asked, Why don't we have those pickups here?" said Munoz. Nissan is saying how many Titans it will be sending to China, but Munoz said there isn't a lot of factory capacity to build out more Titans at the moment. This seems to mesh with Nissan's plan on launch the Titan family of trucks into other markets we on reported last month . Source: Automotive News (Subscription Required)
  3. Ford has announced a new joint venture with Chinese automaker Zotye on affordable electric vehicles for the Chinese market. Named Zotye Ford Automobile, the venture will see the two automakers develop and manufacture electric vehicles for a new brand. Ford and Zotye will be investing a total of 5 billion RMB (about $756 million) on this venture. Part of that investment will go towards a new manufacturing plant in the Zhejiang Province. The two automakers will also work on mobility solutions. “We are delighted to have signed this joint venture agreement with Zotye to form our third joint venture automotive company in China. Subject to regulatory approval, Zotye Ford will introduce a new brand family of small all-electric vehicles," said Peter Fleet, Ford group vice president and president of the Asia Pacific region. Zoyte knows a thing or two about selling EVs in China. The company has sold 22,500 small EVs within the first 10 months of the year. Zoyte is also very infamous for building the T700 which is a copy of the Porsche Macan crossover. Source: Ford Press Release is on Page 2 FORD AND ZOTYE SIGN DEFINITIVE JV AGREEMENT IN CHINA TO MEET GROWING DEMAND FOR ALL-ELECTRIC VEHICLES Ford and Zotye signed a definitive joint venture agreement to establish Zotye Ford Automobile Co. Ltd., a new 50:50 joint venture that will offer a range of stylish and affordable electric vehicles for consumers in China Pending regulatory approval, the new JV will develop and manufacture all-electric vehicles under a new Chinese brand Zotye Ford also plans to build a new manufacturing plant in Zhejiang Province. A new dedicated sales and service network also will be established Ford and Zotye also will explore the opportunity to offer new mobility services in China to help provide solutions for emerging transportation challenges Beijing, Nov. 8, 2017 -- Ford Motor Company and Zotye today reached a definitive agreement to establish Zotye Ford Automobile Co., Ltd., a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. The agreement was signed in Beijing today by Peter Fleet, Ford group vice president and president, Ford Asia Pacific, and Ying Jianren, chairman of Tech-New Group Ltd. and board director of Zotye Auto. Pending regulatory approval, the new JV will design, build, market and distribute all-electric passenger vehicles for China, the world’s leading electric vehicle market. The establishment of the JV is a key step by Ford towards realizing its vision of a cleaner, more environmentally-sustainable future. The new JV will leverage a combined investment of 5 billion RMB (approximately U.S. $756 million). The new JV builds upon Ford’s ambitious China electrification strategy. Ford announced earlier this year that at least 70 percent of Ford-branded vehicles sold in the country will offer electrified powertrain options by 2025. Zotye Ford plans to build a dedicated product research and development center as well as its own sales and services network. A new manufacturing plant for the JV will be constructed in Zhejiang Province. The all-electric vehicles produced by the JV will be sold under a new Chinese brand designed to meet Chinese consumers’ aspirations for electric vehicles. “We are delighted to have signed this joint venture agreement with Zotye to form our third joint venture automotive company in China. Subject to regulatory approval, Zotye Ford will introduce a new brand family of small all-electric vehicles," Fleet said. "We will be exploring innovative vehicle connectivity and mobility service solutions for a new generation of young city-dwelling Chinese customers." In addition to the new JV, Ford and Zotye will explore offering mobility services to consumers in China as local demand for such solutions continues to grow. Through this new JV, Ford commits to actively support the advancement of a more environmentally sustainable auto industry in China through local research and development as well as domestic production of all-electric vehicles. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment. It is the market leader in China’s all-electric small vehicle segment and sold more than 22,500 all-electric vehicles year-to-date through October, representing a growth of over 14 percent year-over-year. The JV will benefit from Zotye’s expertise in designing and commercializing EVs in China, and Ford’s global product development and technology capabilities. “This is an important day for Zotye as we partner with Ford to help advance the growth of the Chinese auto industry,” said Zotye’s Ying. “We will work closely together to help meet Chinese consumers’ growing demand for electric vehicles.” Upon its establishment, the new JV will expand Ford’s footprint in China. Ford already operates successful vehicle joint ventures with Changan Ford Automobile Corporation, Ltd. and Jiangling Motors Corporation. Ford will continue working closely with its JV partners to develop and manufacture New Energy Vehicles to meet rising consumer demand in China during the impending electrification phase of the Chinese auto industry. View full article
  4. Ford has announced a new joint venture with Chinese automaker Zotye on affordable electric vehicles for the Chinese market. Named Zotye Ford Automobile, the venture will see the two automakers develop and manufacture electric vehicles for a new brand. Ford and Zotye will be investing a total of 5 billion RMB (about $756 million) on this venture. Part of that investment will go towards a new manufacturing plant in the Zhejiang Province. The two automakers will also work on mobility solutions. “We are delighted to have signed this joint venture agreement with Zotye to form our third joint venture automotive company in China. Subject to regulatory approval, Zotye Ford will introduce a new brand family of small all-electric vehicles," said Peter Fleet, Ford group vice president and president of the Asia Pacific region. Zoyte knows a thing or two about selling EVs in China. The company has sold 22,500 small EVs within the first 10 months of the year. Zoyte is also very infamous for building the T700 which is a copy of the Porsche Macan crossover. Source: Ford Press Release is on Page 2 FORD AND ZOTYE SIGN DEFINITIVE JV AGREEMENT IN CHINA TO MEET GROWING DEMAND FOR ALL-ELECTRIC VEHICLES Ford and Zotye signed a definitive joint venture agreement to establish Zotye Ford Automobile Co. Ltd., a new 50:50 joint venture that will offer a range of stylish and affordable electric vehicles for consumers in China Pending regulatory approval, the new JV will develop and manufacture all-electric vehicles under a new Chinese brand Zotye Ford also plans to build a new manufacturing plant in Zhejiang Province. A new dedicated sales and service network also will be established Ford and Zotye also will explore the opportunity to offer new mobility services in China to help provide solutions for emerging transportation challenges Beijing, Nov. 8, 2017 -- Ford Motor Company and Zotye today reached a definitive agreement to establish Zotye Ford Automobile Co., Ltd., a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. The agreement was signed in Beijing today by Peter Fleet, Ford group vice president and president, Ford Asia Pacific, and Ying Jianren, chairman of Tech-New Group Ltd. and board director of Zotye Auto. Pending regulatory approval, the new JV will design, build, market and distribute all-electric passenger vehicles for China, the world’s leading electric vehicle market. The establishment of the JV is a key step by Ford towards realizing its vision of a cleaner, more environmentally-sustainable future. The new JV will leverage a combined investment of 5 billion RMB (approximately U.S. $756 million). The new JV builds upon Ford’s ambitious China electrification strategy. Ford announced earlier this year that at least 70 percent of Ford-branded vehicles sold in the country will offer electrified powertrain options by 2025. Zotye Ford plans to build a dedicated product research and development center as well as its own sales and services network. A new manufacturing plant for the JV will be constructed in Zhejiang Province. The all-electric vehicles produced by the JV will be sold under a new Chinese brand designed to meet Chinese consumers’ aspirations for electric vehicles. “We are delighted to have signed this joint venture agreement with Zotye to form our third joint venture automotive company in China. Subject to regulatory approval, Zotye Ford will introduce a new brand family of small all-electric vehicles," Fleet said. "We will be exploring innovative vehicle connectivity and mobility service solutions for a new generation of young city-dwelling Chinese customers." In addition to the new JV, Ford and Zotye will explore offering mobility services to consumers in China as local demand for such solutions continues to grow. Through this new JV, Ford commits to actively support the advancement of a more environmentally sustainable auto industry in China through local research and development as well as domestic production of all-electric vehicles. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment. It is the market leader in China’s all-electric small vehicle segment and sold more than 22,500 all-electric vehicles year-to-date through October, representing a growth of over 14 percent year-over-year. The JV will benefit from Zotye’s expertise in designing and commercializing EVs in China, and Ford’s global product development and technology capabilities. “This is an important day for Zotye as we partner with Ford to help advance the growth of the Chinese auto industry,” said Zotye’s Ying. “We will work closely together to help meet Chinese consumers’ growing demand for electric vehicles.” Upon its establishment, the new JV will expand Ford’s footprint in China. Ford already operates successful vehicle joint ventures with Changan Ford Automobile Corporation, Ltd. and Jiangling Motors Corporation. Ford will continue working closely with its JV partners to develop and manufacture New Energy Vehicles to meet rising consumer demand in China during the impending electrification phase of the Chinese auto industry.
  5. Last month, General Motors announced an ambitious plan to launch 20 electric and hydrogen vehicles by 2023 with all of their brands playing a role. But Buick could be playing a prominent role in this plan. Duncan Aldred, vice president of sales and marketing at Buick-GMC tells Wards Auto that Buick will play a "huge part” in the coming years when it comes to EVs. “We will have multiple entries in a fairly short period of time. We’re GM’s biggest brand in the world’s biggest market. You’ll see a number of different technologies to go toward (our) zero-emissions objective,” said Aldred. That biggest market Aldred is referring to is China. In 2019, the country will require 10 percent of an automaker’s sales to be made up of low and zero-emission models. This rises to 12 percent in 2020. “A lot of the electrification adoption will be driven by legislation.” Already, Buick sells a hybrid version of the LaCrosse and rebadged Chevrolet Volt as the Velite5 in China. Rumor has it that Buick is working on an electric crossover using the Chevrolet Bolt as a base. Aldred wouldn't go into what Buick's plan entails, only saying that will not only be electric vehicles. Source: Wards Auto
  6. Last month, General Motors announced an ambitious plan to launch 20 electric and hydrogen vehicles by 2023 with all of their brands playing a role. But Buick could be playing a prominent role in this plan. Duncan Aldred, vice president of sales and marketing at Buick-GMC tells Wards Auto that Buick will play a "huge part” in the coming years when it comes to EVs. “We will have multiple entries in a fairly short period of time. We’re GM’s biggest brand in the world’s biggest market. You’ll see a number of different technologies to go toward (our) zero-emissions objective,” said Aldred. That biggest market Aldred is referring to is China. In 2019, the country will require 10 percent of an automaker’s sales to be made up of low and zero-emission models. This rises to 12 percent in 2020. “A lot of the electrification adoption will be driven by legislation.” Already, Buick sells a hybrid version of the LaCrosse and rebadged Chevrolet Volt as the Velite5 in China. Rumor has it that Buick is working on an electric crossover using the Chevrolet Bolt as a base. Aldred wouldn't go into what Buick's plan entails, only saying that will not only be electric vehicles. Source: Wards Auto View full article
  7. Ford Moving Focus Production to China

    Ford announced today that once the current Ford Focus ends production in mid-2018, the model will shift production of the 2019 Ford Focus to China rather than Mexico. The Focus is currently built at Ford's Michigan Assembly in Wayne, MI along side the C-Max Hybrid. It has been known since mid-2015 that Focus production would be moving out of the U.S. once this model run was finished. During the 2016 Presidential election, then Candidate Trump criticized Ford for the move to Mexico, however Ford pointed out that they were making room for the upcoming Ford Ranger and Ford Bronco and that no jobs at Wayne Assembly will be lost as it retools for truck and SUV production. The Ford Focus will be the third vehicle sold in the United States built in China. The other models currently manufactured in China for U.S. consumption are the Volvo S60 Inscription and the Buick Envision. Ford states this move will save $500 million on top of $500 million projected from a move to Mexico. Part of that savings comes from a reduction of the number of plants. Ford will only re-tool the plant in China rather than both China and North America. In the same announcement, Ford stated they will spend $900 million to retool its Kentucky Truck plant for the new 2018 Ford Expedition and 2018 Lincoln Navigator. No word as to which vehicle will take the place of the Focus in the Mexico plant. Press Release on Page 2 Source: Ford Media, Picture courtesy of Ford Motor Company FORD INVESTS IN KY. PLANT TO BUILD NEW EXPEDITION, NAVIGATOR; SMART, SPACIOUS NEW FOCUS FOR N.A. TO BE GLOBALLY SOURCED Ford is investing $900 million in Kentucky Truck Plant, securing 1,000 U.S. hourly jobs to build all-new Ford Expedition and Lincoln Navigator All-new Ford Expedition and Lincoln Navigator to be exported to more than 55 markets globally – including Navigator to China; the company is a top auto exporter in the U.S. Exciting new Ford Focus on the way for North American customers beginning in 2019 with more technology, more space and a number of new Focus models. Next-generation Focus for North America will be globally sourced primarily from China – rather than Hermosillo, Mexico – with production starting in the second half of 2019. Current model production ends in mid-2018 This manufacturing plan allows the company to further grow its leadership as an exporter and deliver world-class Focus to North American customers in a way that makes business sense – with no U.S. employees out of a job Ford is saving $1 billion in investment costs versus its original Focus production plan, improving the financial health of its Focus business and further improving manufacturing scale in China – all helping create a more operationally fit company DEARBORN, Mich., June 20, 2017 – Ford today announced manufacturing actions centered on improving the company’s operational fitness and building vehicles that excite customers around the world. Ford is investing $900 million in Kentucky Truck Plant for plant upgrades to build the all-new Ford Expedition and Lincoln Navigator, which begin arriving in dealerships this fall. Both full-size SUVs will be exported to more than 55 markets globally – including Navigator to China. Ford is a top auto exporter in the U.S. The $900 million investment secures 1,000 jobs for hourly workers at the Louisville plant. This is in addition to the $1.3 billion investment and 2,000 jobs created at that plant in late 2015 to build the all-new Ford Super Duty. Kentucky Truck employs nearly 7,600 full-time hourly workers – and Ford has more U.S. hourly workers and builds more vehicles in the U.S. than any other automaker. “Large SUVs are attracting a new generation around the world – and we’re finding new ways to deliver the capability, versatility and technology that customers around the world really want with our all-new Ford Expedition and Lincoln Navigator,” said Joe Hinrichs, Ford executive vice president and president, Global Operations. “At the same time, we also have looked at how we can be more successful in the small car segment and deliver even more choices for customers in a way that makes business sense.” Ford’s next-generation Ford Focus will be more spacious and packed with technology that customers want. Production begins in the second half of 2019, with models coming from the company’s existing Focus plants globally. Most new North American Focus models initially will come from China, with additional variants coming from Europe later. No U.S. hourly employees will be out of a job tied to the new manufacturing plan for Focus. Production of the current North American Focus at the Michigan Assembly Plant continues through mid-2018. Following that, the plant will be converted to produce the Ranger midsize pickup truck in late 2018 and the Bronco midsize SUV in 2020. The new North America Focus production plan saves $1 billion in investment costs versus the original plan – $500 million on top of the $500 million savings announced earlier this year by cancelling plans for an all-new manufacturing facility in San Luis Potosi, Mexico, and moving Focus production to Ford’s Hermosillo, Mexico, plant. “Finding a more cost-effective way to deliver the next Focus program in North America is a better plan, allowing us to redeploy the money we save into areas of growth for the company – especially sport utilities, commercial vehicles, performance vehicles as well as mobility, autonomous vehicles and electrified vehicles,” Hinrichs said.
  8. Ford announced today that once the current Ford Focus ends production in mid-2018, the model will shift production of the 2019 Ford Focus to China rather than Mexico. The Focus is currently built at Ford's Michigan Assembly in Wayne, MI along side the C-Max Hybrid. It has been known since mid-2015 that Focus production would be moving out of the U.S. once this model run was finished. During the 2016 Presidential election, then Candidate Trump criticized Ford for the move to Mexico, however Ford pointed out that they were making room for the upcoming Ford Ranger and Ford Bronco and that no jobs at Wayne Assembly will be lost as it retools for truck and SUV production. The Ford Focus will be the third vehicle sold in the United States built in China. The other models currently manufactured in China for U.S. consumption are the Volvo S60 Inscription and the Buick Envision. Ford states this move will save $500 million on top of $500 million projected from a move to Mexico. Part of that savings comes from a reduction of the number of plants. Ford will only re-tool the plant in China rather than both China and North America. In the same announcement, Ford stated they will spend $900 million to retool its Kentucky Truck plant for the new 2018 Ford Expedition and 2018 Lincoln Navigator. No word as to which vehicle will take the place of the Focus in the Mexico plant. View full article
  9. Cadillac XTS Refresh Surfaces In China

    It seems Cadillac has some updates in store for the XTS if some leaked pictures from Chinese website Autohome are the real deal. The pictures show the XTS taking some ideas from the CT6 and XT5. Up front is a broader, more upright grille with new headlights. Around back is a more sculpted trunk lid and L-shaped taillights. Powertrains are expected to carry over, meaning the U.S. will stick with the 3.6L V6 and twin-turbo 3.6L. Over in China, the XTS will stick with the 2.0L turbo-four. We wouldn't be surprised if there is an update for the CUE system. Source: Autohome
  10. It seems Cadillac has some updates in store for the XTS if some leaked pictures from Chinese website Autohome are the real deal. The pictures show the XTS taking some ideas from the CT6 and XT5. Up front is a broader, more upright grille with new headlights. Around back is a more sculpted trunk lid and L-shaped taillights. Powertrains are expected to carry over, meaning the U.S. will stick with the 3.6L V6 and twin-turbo 3.6L. Over in China, the XTS will stick with the 2.0L turbo-four. We wouldn't be surprised if there is an update for the CUE system. Source: Autohome View full article
  11. Chinese automakers see the U.S. as a land opportunity and have been making promises to start selling vehicles in the near future. None so far have made it. Now one Chinese brand is reconsidering their plans. SAIC Motor Corp., China's largest automaker and partner with GM, has put their U.S. ambitions on hold. Michael Yang, executive director of SAIC Motor’s international department said at a briefing that they have uncertainties about the trade policy between China and the U.S. due to the election of Donald Trump. Yang went on to say that the company would implement their U.S. strategy once it has gotten clarity. For the time being, SAIC has moved up plans to start selling vehicles in the European Union. “Eventually we aim to have all, but at the moment we are focusing on” China and then Europe, Yang said. “The reason is the ‘climate change’ after the new presidency.” This contrasts with another Chinese automaker, Guangzhou Automobile Group Co., (GAC) which plans on entering the U.S. by 2019 with their Trumpchi brand. Although there is talk that GAC is considering changing the name of the brand before arriving in the U.S. Source: Automotive News (Subscription Required) View full article
  12. SAIC Puts Their U.S. Plans On Hold

    Chinese automakers see the U.S. as a land opportunity and have been making promises to start selling vehicles in the near future. None so far have made it. Now one Chinese brand is reconsidering their plans. SAIC Motor Corp., China's largest automaker and partner with GM, has put their U.S. ambitions on hold. Michael Yang, executive director of SAIC Motor’s international department said at a briefing that they have uncertainties about the trade policy between China and the U.S. due to the election of Donald Trump. Yang went on to say that the company would implement their U.S. strategy once it has gotten clarity. For the time being, SAIC has moved up plans to start selling vehicles in the European Union. “Eventually we aim to have all, but at the moment we are focusing on” China and then Europe, Yang said. “The reason is the ‘climate change’ after the new presidency.” This contrasts with another Chinese automaker, Guangzhou Automobile Group Co., (GAC) which plans on entering the U.S. by 2019 with their Trumpchi brand. Although there is talk that GAC is considering changing the name of the brand before arriving in the U.S. Source: Automotive News (Subscription Required)
  13. The rivalry of the Chevrolet Camaro and Ford Mustang has been going for ages in the U.S. But now this fight has expanded into China. Automotive News reports that a growing group of Chinese buyers are being drawn towards to these models as the exude the no-apologies Americana attitude. "We're seeing the beginning of a muscle car culture here. Something that is uniquely American appeals to the Chinese consumer. The image that it relays to the automotive public is very positive," said James Chao, a China market auto analyst with IHS Markit. Sales of both models are small with Chevrolet only moving 2,000 Camaros since its launch 2011. Ford is doing slightly better with 6,200 Mustangs sold since its launch in 2015. In the first quarter, Mustang sales saw a 90 percent increase to 963 vehicles. Part of the reason for the slow sales comes down to the price. The Camaro starts about 399,900 yuan (about $58,000) - more than double of the base price of $26,900 in the U.S. The Mustang isn't that far behind, costing about $15 dollars less. Prices are increased due to a 25 percent import tariff on U.S. made vehicles, homologation and shipping fees, and Chinese buyers trending to splurge on higher-time models. But despite the low sales, the Camaro and Mustang are bringing buyers to dealers. These models act as eye candy to help draw shoppers into showrooms with the hope they'll purchase a vehicle, where it be the eye candy or something a little less exciting. Source: Automotive News (Subscription Required)
  14. The rivalry of the Chevrolet Camaro and Ford Mustang has been going for ages in the U.S. But now this fight has expanded into China. Automotive News reports that a growing group of Chinese buyers are being drawn towards to these models as the exude the no-apologies Americana attitude. "We're seeing the beginning of a muscle car culture here. Something that is uniquely American appeals to the Chinese consumer. The image that it relays to the automotive public is very positive," said James Chao, a China market auto analyst with IHS Markit. Sales of both models are small with Chevrolet only moving 2,000 Camaros since its launch 2011. Ford is doing slightly better with 6,200 Mustangs sold since its launch in 2015. In the first quarter, Mustang sales saw a 90 percent increase to 963 vehicles. Part of the reason for the slow sales comes down to the price. The Camaro starts about 399,900 yuan (about $58,000) - more than double of the base price of $26,900 in the U.S. The Mustang isn't that far behind, costing about $15 dollars less. Prices are increased due to a 25 percent import tariff on U.S. made vehicles, homologation and shipping fees, and Chinese buyers trending to splurge on higher-time models. But despite the low sales, the Camaro and Mustang are bringing buyers to dealers. These models act as eye candy to help draw shoppers into showrooms with the hope they'll purchase a vehicle, where it be the eye candy or something a little less exciting. Source: Automotive News (Subscription Required) View full article
  15. G. David Felt - Staff Writer Alternative Energy - www.cheersandgears.com China’s Influence on GM, EVs, and Others! We saw just at the end of 2016 Toyota saying they would build a team to focus on EVs. This being a complete reversal of their pledge in 2013 to focus on Hydrogen as the practical alternative to traditional ICE autos. Toyota will have a long range EV auto out on the market for the 2020 auto year. Being that 2019 is when you're 2020 autos will start selling, this puts Toyota 4 years behind GM's Chevrolet BOLT EV. What would cause this change to happen? China is what has happened. China started to push the global auto industry by stating that 8 percent of auto sales in 2018 be each vendor has to be EV or plug-in hybrid. 10 percent is the number for 2019 and 12 percent in 2020. Toyota one would think should be fine with their Prius line of Hybrids until you realize that China has stated all hybrids such as the Prius, Volt and others built outside of China are considered ICE autos. Currently the only Hybrid being built in China that is a legal hybrid is the Cadillac CT6 plugin hybrid. Toyota is planning to start selling a plugin hybrid in China in 2018 as a 2019 model. So we are seeing that Toyota is being forced to get over their EV allergy and come up with a real plan to have a global EV on the market in 2019 as a 2020 model year. Daimler has a large EV roll out planned for the global market by 2021. VW has stated they will have multiple EVs rolled out around 2019 through 2021. So has BMW, Audi, etc. So where does that leave GM? What is GMs strategy now that China is flexing their muscle and setting some big standards for an auto company to play in their backyard? We have the Cadillac CT6 plugin hybrid. Chevrolet BOLT EV able to be exported to China. GM announced that they will start building a China market Chevrolet Volt as they start to push the Chevrolet brand in China next year. GM has also announced a Buick Velite 5 Hybrid for the Chinese market starting at 265,800 yuan or about $38,600 US. This will have a 72 mile pure electric mode before the generator kicks in giving it a 480 mile range. EVs in China are exempt from sales tax and license plate quotas. According to Fox Business news, Buick sold 1 million autos in China for calendar year 2016 rising to the number two auto brand sold behind Volkswagen. They also go onto say that Chevrolet has been selling legacy models only up till now and GM has announced 20 new models for China by 2020 the first being a China version of the Chevrolet Equinox. GM says China is demanding the same models they have in the US and as such, China and the US will be more aligned to have identical models. GMs China business is stated to have produced $2 billion in income last year. China clearly helping GM to sell 10 million cars in 2016 globally. How important is the China Market to GM? In the Month of January Cadillac sold 10,298 autos in the US. Cadillac sold 18,000 in China for the month of January. Clearly China will continue to take on a bigger and bigger role in GM’s ongoing growth. So where does that leave GM in regards to EVs, auto production, etc.? Reuters points to a story they did back in January 2016 where CEO Mary Barra stated that they could build the dies used to stamp the auto parts in china for 20 to 40 percent less than in Europe or the US. Dies will start to be built and shipped out worldwide from China. Clearly this would tend to show that GM will be affected by the China market more and more. So this brings me back to my original question of what is GMs plan for their EV strategy. We have seen and heard so much about the competition and yet with GM this seems to be a black hole. Knowing that GM sold about 1.5 million auto’s last year in China and now for next year 10 percent will have to be EV / Plugin Hybrids, that means 150,000 of these auto’s. For Volkswagen, this is an even bigger number since they are number 1 in the market and have no EV or hybrid that I am aware of. All Auto companies who do not have a specific plugin hybrid built in china or EV to import into China is going to find selling auto’s to be very difficult. References Reuters story AP story Fox Business Story CNN Money Story Motley Fool Story Reuters 2016 story
  16. Volvo announced today at the Shanghai Auto Show that it would be building its first electric vehicle in China beginning in 2019. The model will use the CMA platform that is being jointly developed by Volvo and its parent company Geely. According to Volvo Cars CEO Hakan Samuelsson, it will be an all-new model but declined to say what type of vehicle it would be - crossover, sedan, or hatchback. "It will be a body style that we expect will have global acceptance and we will start production with the battery-only version only, with internal combustion variants that could follow later," Samuelsson told Automotive News. As for why Volvo has decided on China to build the EV, it comes down to the Chinese government working on reducing vehicle emissions. “Volvo Cars fully supports the Chinese government’s call for cleaner air as outlined in the latest five-year plan. It is fully in-line with our own core values of environmental care, quality and safety,” said Samuelsson in a statement. The statement also reveals that Volvo is working on an electric vehicle using their SPA platform. Source: Automotive News (Subscription Required), Volvo Press Release is on Page 2 Volvo’s first all electric car will be made in China Volvo Cars, the premium car maker, will build its first fully electric car in China, the company announced today at Auto Shanghai in China. The all new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for sale in 2019 and exported globally from China, Volvo said. The decision to make its first electric car in China highlights the central role China will play in Volvo’s electrified future and underlines China’s growing sophistication as a manufacturing centre for the automotive industry. “Volvo Cars fully supports the Chinese government’s call for cleaner air as outlined in the latest five-year plan. It is fully in-line with our own core values of environmental care, quality and safety,” said Håkan Samuelsson, chief executive of Volvo Cars. “We believe that electrification is the answer to sustainable mobility.” China is the world’s largest sales market for electrified cars and has ambitious targets to expand sales of fully electric and hybrid cars in order to address congestion and air quality issues in its cities. Volvo has a commitment to sell a total of 1m electrified cars – including fully electric cars and hybrids – by 2025. It is also developing a fully electric car on its Scalable Product Architecture (SPA). The Swedish company also plans to offer plug-in hybrid versions of every model. Volvo has three manufacturing facilities in China in Daqing, which makes its 90 series cars, Chengdu, which makes its 60 series cars, and Luqiao, which will make its 40 series cars. View full article
  17. Volvo's First Electric Vehicle to Come From China

    Volvo announced today at the Shanghai Auto Show that it would be building its first electric vehicle in China beginning in 2019. The model will use the CMA platform that is being jointly developed by Volvo and its parent company Geely. According to Volvo Cars CEO Hakan Samuelsson, it will be an all-new model but declined to say what type of vehicle it would be - crossover, sedan, or hatchback. "It will be a body style that we expect will have global acceptance and we will start production with the battery-only version only, with internal combustion variants that could follow later," Samuelsson told Automotive News. As for why Volvo has decided on China to build the EV, it comes down to the Chinese government working on reducing vehicle emissions. “Volvo Cars fully supports the Chinese government’s call for cleaner air as outlined in the latest five-year plan. It is fully in-line with our own core values of environmental care, quality and safety,” said Samuelsson in a statement. The statement also reveals that Volvo is working on an electric vehicle using their SPA platform. Source: Automotive News (Subscription Required), Volvo Press Release is on Page 2 Volvo’s first all electric car will be made in China Volvo Cars, the premium car maker, will build its first fully electric car in China, the company announced today at Auto Shanghai in China. The all new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for sale in 2019 and exported globally from China, Volvo said. The decision to make its first electric car in China highlights the central role China will play in Volvo’s electrified future and underlines China’s growing sophistication as a manufacturing centre for the automotive industry. “Volvo Cars fully supports the Chinese government’s call for cleaner air as outlined in the latest five-year plan. It is fully in-line with our own core values of environmental care, quality and safety,” said Håkan Samuelsson, chief executive of Volvo Cars. “We believe that electrification is the answer to sustainable mobility.” China is the world’s largest sales market for electrified cars and has ambitious targets to expand sales of fully electric and hybrid cars in order to address congestion and air quality issues in its cities. Volvo has a commitment to sell a total of 1m electrified cars – including fully electric cars and hybrids – by 2025. It is also developing a fully electric car on its Scalable Product Architecture (SPA). The Swedish company also plans to offer plug-in hybrid versions of every model. Volvo has three manufacturing facilities in China in Daqing, which makes its 90 series cars, Chengdu, which makes its 60 series cars, and Luqiao, which will make its 40 series cars.
  18. How Sales In China Are Helping Cadillac

    China has given Cadillac a bit of breathing room when it comes to sales and working on filling out their lineup. Automotive News reports overall sales of Cadillac vehicles in the U.S. dropped 3 percent, while sales in China rose 46 percent. "We are moving Cadillac from having this very strong U.S.-centric focus to having a global focus. The time will come when we will sell more Cadillacs in China than here," said Cadillac President Johan de Nysschen in an interview. With sales going up in China, this gives the brand some flexibility from transitioning a sedan-heavy lineup to adding more crossovers beginning in mid-2018 for the U.S. Currently, the XT5 serves as the brand's sole crossover and best-selling model (2016 saw 39,485 XT5s sold). Not a good thing since light trucks currently account for 60 percent of total U.S. car sales. "The majority of our portfolio is exposed to downdraft, while we can't really capitalize adequately on all the opportunities that exist with the swing of demand into crossovers. Now, this will be remedied, of course, over time as we expand our portfolio, but in the meantime it is our reality," said de Nysschen. Dealers though don't get to have that breathing space. An 18-month window without any new products is making them very anxious. "We're in the retail business. We live and breathe month to month and weekend to weekend. There is a lot of product out there on the horizon, but nothing very soon," said Bill Wallace, owner of Wallace Cadillac in Stuart, Florida. The next product is expected to a compact crossover known as the XT3, due in mid-2018. Source: Automotive News (Subscription Required) Pic Credit: William Maley for Cheers & Gears
  19. China has given Cadillac a bit of breathing room when it comes to sales and working on filling out their lineup. Automotive News reports overall sales of Cadillac vehicles in the U.S. dropped 3 percent, while sales in China rose 46 percent. "We are moving Cadillac from having this very strong U.S.-centric focus to having a global focus. The time will come when we will sell more Cadillacs in China than here," said Cadillac President Johan de Nysschen in an interview. With sales going up in China, this gives the brand some flexibility from transitioning a sedan-heavy lineup to adding more crossovers beginning in mid-2018 for the U.S. Currently, the XT5 serves as the brand's sole crossover and best-selling model (2016 saw 39,485 XT5s sold). Not a good thing since light trucks currently account for 60 percent of total U.S. car sales. "The majority of our portfolio is exposed to downdraft, while we can't really capitalize adequately on all the opportunities that exist with the swing of demand into crossovers. Now, this will be remedied, of course, over time as we expand our portfolio, but in the meantime it is our reality," said de Nysschen. Dealers though don't get to have that breathing space. An 18-month window without any new products is making them very anxious. "We're in the retail business. We live and breathe month to month and weekend to weekend. There is a lot of product out there on the horizon, but nothing very soon," said Bill Wallace, owner of Wallace Cadillac in Stuart, Florida. The next product is expected to a compact crossover known as the XT3, due in mid-2018. Source: Automotive News (Subscription Required) Pic Credit: William Maley for Cheers & Gears View full article
  20. China has fined General Motors $29 million for monopolistic pricing according to Reuters. This ends speculation that we first brought to light last week. The fine is due to GM setting minimum prices on certain Buick, Cadillac, and Chevrolet models. "GM fully respects local laws and regulations wherever we operate. We will provide full support to our joint venture in China to ensure that all responsive and appropriate actions are taken with respect to this matter," GM said in a email statement. It was speculated that the fine is due to comments made by president-elect Donald Trump about the U.S. possibly recognizing Taiwan. But sources tell Reuters that the investigation was already underway before Trump's comments. This is possibly a move by China to protect their companies. Source: Reuters View full article
  21. China has fined General Motors $29 million for monopolistic pricing according to Reuters. This ends speculation that we first brought to light last week. The fine is due to GM setting minimum prices on certain Buick, Cadillac, and Chevrolet models. "GM fully respects local laws and regulations wherever we operate. We will provide full support to our joint venture in China to ensure that all responsive and appropriate actions are taken with respect to this matter," GM said in a email statement. It was speculated that the fine is due to comments made by president-elect Donald Trump about the U.S. possibly recognizing Taiwan. But sources tell Reuters that the investigation was already underway before Trump's comments. This is possibly a move by China to protect their companies. Source: Reuters
  22. General Motors is under investigation by China's National Development and Reform Commission over possible antitrust violations. News of this first broke in an interview with Zhang Handong, director of the National Development and Reform Commission's price supervision bureau done by Chinese Newspaper China Daily. Handong said an American automaker would be penalized for monopolistic behavior. He did not mention said automaker. Bloomberg was able to learn from sources that the automaker in question is General Motors. The accusation is that GM told distributors in China to fix prices in an effort to improve sales. It should be noted that many of the penalties handed down by the bureau have been to mostly foreign companies. This has led many to accuse the bureau of being protectionist of companies in China, something the bureau has denied time and time again. Also, this comes days after President-elect Donald Trump made comments questioning the U.S. policy of not recognizing Taiwan. Source: China Daily, Bloomberg, Reuters View full article
  23. General Motors is under investigation by China's National Development and Reform Commission over possible antitrust violations. News of this first broke in an interview with Zhang Handong, director of the National Development and Reform Commission's price supervision bureau done by Chinese Newspaper China Daily. Handong said an American automaker would be penalized for monopolistic behavior. He did not mention said automaker. Bloomberg was able to learn from sources that the automaker in question is General Motors. The accusation is that GM told distributors in China to fix prices in an effort to improve sales. It should be noted that many of the penalties handed down by the bureau have been to mostly foreign companies. This has led many to accuse the bureau of being protectionist of companies in China, something the bureau has denied time and time again. Also, this comes days after President-elect Donald Trump made comments questioning the U.S. policy of not recognizing Taiwan. Source: China Daily, Bloomberg, Reuters
  24. General Motors will begin importing the Colorado and Silverado pickups into China next year, but you'll only be able to buy them in select markets. Automotive News explains that many Chinese cities have bans on pickups for the fear of aggravating air pollution and causing more traffic issues. But earlier this year, the Chinese Government lifted the ban in four provinces - Henan, Hebei, Liaoning, and Yunnan - in an effort to jumpstart sales of domestic pickups. GM sees an opportunity with this and wants to explore it. But there is a major downside to this. Since GM will be importing the trucks, they'll be hit with 25 percent tariff by the Chinese Government. Source: Automotive News (Subscription Required), Chevrolet Press Release is on Page 2 Chevrolet to Offer Iconic Silverado, Colorado Trucks for Chinese Consumers Brand’s best-selling nameplate and its midsize sibling to go on sale in 2017 GUANGZHOU – Chevrolet announced this evening at an event in Guangzhou that it will make available two classic American trucks – the Silverado and Colorado – in China through parallel import in 2017. The Silverado is the best-selling Chevrolet truck in the world. Since its launch in 1987, three generations have been introduced, with cumulative sales of more than 17 million units. Powered by an EcoTec3 6.2L V-8 engine mated to an eight-speed automatic transmission, the Silverado delivers peak torque of 624 Nm. It is also equipped with a wide range of smart technologies such as Active Noise Cancellation (ANC), Hill Descent Control (HDC) and Hill Start Assist (HSA), as well as power seats and a Bose® audio system. With its wheelbase of 3,645 mm and length of 5,843 mm, it can handle the toughest jobs expected of a pickup. The Colorado was the industry’s hottest-selling product in the U.S. market. It was named the 2015 and 2016 Motor Trend Truck of the Year. The midsize pickup offers a combination of refinement, maneuverability and efficiency. Powered by a 3.6L EcoTec V-6 engine, it delivers peak torque of 365 Nm and has a towing capability of 3.1 tons. Chevrolet has long been famous for offering the most durable trucks on the market, which embody the charm of freedom while providing an off-road capability. View full article
  25. General Motors will begin importing the Colorado and Silverado pickups into China next year, but you'll only be able to buy them in select markets. Automotive News explains that many Chinese cities have bans on pickups for the fear of aggravating air pollution and causing more traffic issues. But earlier this year, the Chinese Government lifted the ban in four provinces - Henan, Hebei, Liaoning, and Yunnan - in an effort to jumpstart sales of domestic pickups. GM sees an opportunity with this and wants to explore it. But there is a major downside to this. Since GM will be importing the trucks, they'll be hit with 25 percent tariff by the Chinese Government. Source: Automotive News (Subscription Required), Chevrolet Press Release is on Page 2 Chevrolet to Offer Iconic Silverado, Colorado Trucks for Chinese Consumers Brand’s best-selling nameplate and its midsize sibling to go on sale in 2017 GUANGZHOU – Chevrolet announced this evening at an event in Guangzhou that it will make available two classic American trucks – the Silverado and Colorado – in China through parallel import in 2017. The Silverado is the best-selling Chevrolet truck in the world. Since its launch in 1987, three generations have been introduced, with cumulative sales of more than 17 million units. Powered by an EcoTec3 6.2L V-8 engine mated to an eight-speed automatic transmission, the Silverado delivers peak torque of 624 Nm. It is also equipped with a wide range of smart technologies such as Active Noise Cancellation (ANC), Hill Descent Control (HDC) and Hill Start Assist (HSA), as well as power seats and a Bose® audio system. With its wheelbase of 3,645 mm and length of 5,843 mm, it can handle the toughest jobs expected of a pickup. The Colorado was the industry’s hottest-selling product in the U.S. market. It was named the 2015 and 2016 Motor Trend Truck of the Year. The midsize pickup offers a combination of refinement, maneuverability and efficiency. Powered by a 3.6L EcoTec V-6 engine, it delivers peak torque of 365 Nm and has a towing capability of 3.1 tons. Chevrolet has long been famous for offering the most durable trucks on the market, which embody the charm of freedom while providing an off-road capability.

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