China

Continental increases microcontroller output in China

Feb. 24, 2015 12:45 CET
Continental says it has launched production of transmission control units on a second line at its plant in Tianjin, China. The German supplier's transmission division entered China in 1998. Aside from its factory in Tianjin, the unit has an r&d center in Shanghai.... Read More »

 

China's Wanxiang to rebrand Fisker as Elux, report says

9:26 am U.S. ET | Feb. 23, 2015
Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, two sources familiar with the plan told Reuters on Sunday.... Read More »

 

Daimler extends contract of China boss Troska

Feb. 13, 2015 16:00 CET
Daimler's supervisory board has extended the contract of Hubertus Troska, head of the automaker's China unit, by five years. The 54-year-old executive has helped reduce Mercedes' sales gap with BMW and Audi in the world's largest auto market.... Read More »

 

Daimler targets at least 10% sales growth in China this year

Feb. 10, 2015 13:27 CET
Daimler will boost local production of Mercedes vehicles in China and continue its dealer network expansion as it targets sales growth of at least 10 percent this year, the company's China chief, Hubertus Troska, said.... Read More »

 

Porsche will recall some Panamera, Cayenne models in China on camshaft problem

Feb. 9, 2015 10:51 CET
Porsche will recall 14,571 cars in China, including some Panamera and Cayenne models, due to defective camshaft adjuster bolts that may loosen or break, the country's national quality watchdog said.... Read More »

 

Ford will roll out 6 new models in Russia despite market slump

Feb. 8, 2015 11:20 CET
Ford will roll out six new models in Russia this year despite the country's sagging economy and rising tensions over the conflict in Ukraine, CEO Mark Fields told a German business magazine.... Read More »

 

GM's China sales slip in January; Ford posts 19% gain

12:08 pm U.S. ET | Feb. 6, 2015
GM and its Chinese joint ventures sold 339,781 vehicles in China in January, down 2.4 percent from a year earlier. Ford and its Chinese joint ventures sold 112,599 vehicles in China in January, up 19 percent from a year earlier.... Read More »

 

YANG JIAN

Qoros should ditch Europe ambitions and focus on China

5:47 am U.S. ET | Feb. 6, 2015
China's Qoros is embarking upon an ambitious plan to reinvent itself as a global automaker with a new CEO, Phil Murtaugh, a former boss of GM China, and a lineup of new vehicles. But with limited resources and rising debts, the automaker would do better to focus on its home market.... Read More »

 

Toyota to pay $200 million to help China dealers, group says

10:30 am U.S. ET | Feb. 5, 2015
Toyota has agreed to pay 1.24 billion yuan ($200 million) to distributors for one of its Chinese joint ventures, according to the state-backed auto dealers group.... Read More »

 

Qoros hires former GM China boss as CEO

Feb. 3, 2015 12:45 CET
Chinese carmaker Qoros appointed Phil Murtaugh, a former General Motors China boss, to run the company after struggling to boost sales. Qoros has been selling vehicles in its European test market, Slovakia, since late 2013.... Read More »

 

Former GM exec Murtaugh hired as CEO of Chinese automaker Qoros

2:53 pm U.S. ET | Feb. 3, 2015
Qoros Automotive, the Shanghai-based joint venture between China's Chery Automobile and Israel Corporation, appointed former GM executive Phil Murtaugh to run the company after struggling to boost its sales.... Read More »

 

Global sales will hit 88.6 million in 2015, pushed by U.S. and China, IHS predicts

6:33 am U.S. ET | Feb. 2, 2015
Global automotive sales for 2015 could hit 88.6 million vehicles, a 2.4 percent increase from 2014 that would continue a five-year growth streak, IHS Automotive said today.... Read More »

 

Nexteer eyes brand development with HQ move to suburban Detroit

9:47 am U.S. ET | Feb. 2, 2015
Chinese-owned auto supplier Nexteer Automotive, the former Delphi steering unit, is moving its headquarters to suburban Detroit as it seeks to grow its brand recognition.... Read More »

 

Renault will increase dealer rebates in China

Jan. 30, 2015 11:32 CET
Renault will give its China dealers more rebates and moderate sales targets as demand cools. Sales growth of passenger vehicles in China will probably slow to 8 percent this year from 10 percent in 2014, according to an industry association.... Read More »

 

Mercedes plans to move R-class production to AM General in Indiana

10:18 am U.S. ET | Jan. 27, 2015
Mercedes-Benz plans to shift production of the R-class crossover from its Alabama plant to contract manufacturer AM General in Indiana this summer. The German automaker said it needed to free up space in its assembly operations near Tuscaloosa, Ala.... Read More »

 

Audi to recall 80,000 vehicles; China hit hardest

Jan. 26, 2015 12:23 CET
Audi says it will recall 80,000 vehicles globally due to fuel-injection issues, adding that about 35,000 are from China. The cars, which were made between April 2011 and April 2012, include various A4, A5, A6, A7 and Q7 models, Chinese authorities said.... Read More »

 

VW reaches pact with China dealers

Jan. 26, 2015 11:24 CET
VW says it has reached an agreement with its dealers in China and pledged to continue setting reasonable sales targets to ensure a financially sound distribution network as demand in the world's biggest auto market slows.... Read More »

 

Porsche recalls 13,500 Cayennes, Panameras to fix fuel-seal flaw

7:46 am U.S. ET | Jan. 24, 2015
Porsche is recalling about 13,500 vehicles worldwide to fix a seal that may allow fuel to evaporate.... Read More »

 

Toyota may lose global sales lead to VW without new China strategy

Jan. 22, 2015 11:11 CET
Toyota remained the best-selling automaker worldwide in 2014 ahead of VW and GM, but the company may lose the sales crown this year as it falls behind in China, where rivals are expanding fast.... Read More »

 

Chinese aerospace firm pursues acquisition of U.S. supplier Henniges, report says

6:34 am U.S. ET | Jan. 22, 2015
AVIC, China's biggest aerospace company, is among bidders pursuing an acquisition of US auto supplier Henniges Automotive Holdings, people with knowledge of the matter told Bloomberg. AVIC could pay $1 billion for the acquisition, Bloomberg reported.... Read More »

 

Renault plans big investment to catch rivals in China

Jan. 19, 2015 17:21 CET
Renault will make "massive investments" in China, where it sees its market share rising as high as 6 percent after the company ramps up sales of locally built vehicles in the world's biggest car market.... Read More »

 

Subaru puts China production effort on hold as car demand wanes

10:42 am U.S. ET | Jan. 19, 2015
Fuji Heavy Industries, the only Japanese automaker without Chinese government approval to start a joint venture, put efforts to build cars on hold in the country, where demand growth is slowing.... Read More »

 

Daimler will extend contract of China division boss, paper says

Jan. 18, 2015 10:41 CET
Daimler will extend the contract of the head of its China division, Hubertus Troska, according to a newspaper report. Troska is said to be a potential successor to CEO Dieter Zetsche.... Read More »

 

Volvo may expand export markets for China-built cars beyond U.S.

Jan. 16, 2015 11:36 CET
Volvo, which will start shipping the S60L sedan to the U.S. later this year, says it could add additional export markets in the Asia-Pacific region and elsewhere. The automaker may also consider future exports of a large china-built sedan, dubbed internally as the S90.... Read More »

 

Renault faces dealer criticism over China strategy

Jan. 15, 2015 14:41 CET
Renault has become the latest foreign carmaker to be targeted by China dealers in disputes over who should bear the brunt of a market slowdown. BMW was persuaded earlier this month to pay $824 million in subsidies to its local dealers.... Read More »

 

 
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