Auto Industry « Week In China - Part 15

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Auto Industry

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Is China’s auto show now the global car industry’s most important?
Apr 30, 2010 (WiC 58)

An anticipated 700,000 visitors; a thousand vehicles on display (most with at least one female model draped over the bonnet); and a major announcement about Lionel Messi, potentially the greatest footballer the world has ever seen. That was ...

A deal with Germany’s Daimler – but analysts ask what’s under BYD’s hood?
Mar 12, 2010 (WiC 52)

When Wang Chuan-Fu first mooted the idea of entering the car industry, he asked his Shenzhen-based engineers to dismantle his car and see how it was put together. But when they appeared reluctant to damage his shiny new Mercedes, Wang didn’t ...

Geely readies team to manage Volvo
Jan 15, 2010 (WiC 45)

My dream is to make the safest, most environmentally-friendly and most energy-efficient cars and sell China-made cars to the world.” It’s clear that Li Shufu – the chairman of Geely – has come a long way from his early days, in which ...

A buyer from Beijing picks up assets from Saab
Dec 18, 2009 (WiC 43)

Up until the very last minute, few believed that General Motors would sell off Saab in pieces. Many thought that a white knight would appear and save the ailing Swedish carmaker from bankruptcy. So there was some scepticism about reports that ...

Car industry hopes to maintain strong sales growth in 2010
Dec 4, 2009 (WiC 41)

Walk into most car showrooms in major Chinese cities these days, and you would be forgiven for forgetting that the global automobile industry is suffering from a downturn that has crippled cities like Detroit. Many car dealers are believed to ...

Industry wants to grow auto loans
Nov 13, 2009 (WiC 38)

It was time for a second car, and Mrs Ma made her choice after a quick tour of the salesroom. If the sticker price of the BMW 525Li (currently recommended by the manufacturer as Rmb628,000 or $92,000) seemed a little expensive to the 31 ...

In China the ‘clone war’ has less to do with Star Wars than car wars
Oct 30, 2009 (WiC 36)

"Nothing better reflects the wealth and vitality of a country than automobiles.” That was the considered editorial opinion of the Global Times last week, on news that the ten millionth vehicle had been sold in the domestic market this ...

The nation’s auto demand accelerates, while the rest of the world’s stalls
Jul 17, 2009 (WiC 24)

While one industry struggles to avoid going bust, another just seems to be going gangbusters. In North America, car sales continue to slump, even if the Economist magazine, in a rather droll take on the June US car sales data, thinks it may ...

The vehicular King of Bling capitulates to a manufacturer of dump trucks
Jun 12, 2009 (WiC 19)

Revered by rap stars and beloved of basketball players, the Hummer sports utility vehicle is on the block as GM fights for survival. And now it could be on its way to a new home: an industrial estate in suburban Chengdu. As a symbol of ...

BYD plans to carjack the hybrid market
Apr 17, 2009 (WiC 11)

Last December’s Detroit road trip to Washington was a cross-country exercise in humility for US car bosses; following the PR disaster of the previous month, in which the auto executives flew to the US capital by corporate jet. On the second ...

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