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News on the Auto Industry in China

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Battery depleted

China’s ‘green’ electric car revolution looks to have stalled
Sep 2, 2011 (WiC 120)

July 26, 2010 was a groundbreaking day for the world’s car industry – that’s because it marked the first time a Chinese customer had purchased an all-electric car. The vehicle in question was made by Zhong Tai, a firm that specialises ...

Acquiring trouble?

Volvo purchase sees Geely’s debt pile increase
Aug 19, 2011 (WiC 118)

Geely Group’s acquisition of Volvo was one of the iconic deals of the global downturn. When a young, brash car company from China picked up a longstanding European brand, it was interpreted as further proof that economic power was shifting ...

Stock driven down

Buffett’s BYD needs to rediscover fifth gear
Jul 15, 2011 (WiC 115)

It all sounds a little counter-intuitive. On June 30, carmaker BYD Auto lists on the Shenzhen stock exchange and on its first day the stock jumps 41%. And that despite announcing the day before debut that first quarter profits were down 84%. As ...

Not competing on price

Volvo delivers innovative strategy to sell its trucks to Chinese drivers
Jun 17, 2011 (WiC 111)

China is now a crucial market for international carmakers. Senior executives wait anxiously each month for sales data, while their designers work on new models with the Chinese in mind. Foreign brands are popular too, with roughly a 70% share of ...

Cheap but not cheerful

Local car brand Xiali is struggling to compete
Jun 10, 2011 (WiC 110)

The original ‘People’s Car’ was designed by Ferdinand Porsche, which may strike some as a paradox given his association with a much more expensive roadster. But in 1934 the German was given a different mission: to design an affordable car ...

How Ma Yongtao came to dominate the US market for roof racks
May 20, 2011 (WiC 107)

For every Chinese manufacturing start-up that makes it big, there are thousands of unsung firms stranded in mediocrity. It’s hard to say what makes one company succeed where so many others have foundered – but luck and good timing undoubtedly ...

South Korean giant Kumho forced to apologise and recall its tyres in China
Apr 1, 2011 (WiC 101)

In the 1999 movie Fight Club, the lead character has the macabre job of calculating whether the expense of a recall for faulty vehicles is likely to outweigh the potential cost of future lawsuits. Similarly grim accusations were levelled ...

More bad news from BYD?
Apr 1, 2011 (WiC 101)

2011 isn’t shaping up to be a particularly good year for Shenzhen-based BYD, and we’re only a few months in. The firm’s earnings have collapsed, its shares are down two thirds from their Warren Buffett-inspired high, and rumours of staff ...

Identity crisis

Land Rover in dispute with local firm that owns its Chinese brand name
Mar 25, 2011 (WiC 100)

"Take care of your name,” goes an old proverb, “as it’s the only one you have.” But Indian-owned (albeit British-born) carmaker Land Rover appears to have been rather careless with its own nomenclature. Its Chinese name now belongs to a ...

How BMW conquered China
Mar 18, 2011 (WiC 99)

BMW’s famed circular logo is a reminder of its early days as an aircraft-maker. The blue and white quadrants are supposed to convey the idea of fast-moving propellers. But in China the brand is associated with a more ancient means of transport: ...

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