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  • What's News? November 30, 2012 | 0 Comments

    Geely Auto expects fast growth in exports

    Geely, China's largest privately-owned auto company, expects its growth in overseas markets to accelerate over the next three to five years. Currently, about 20% of Geely car sales come from outside of China.  The company plans to increase the share of exports to 30%-40% over the next few years. Geely expects to sell about 100,000 cars in overseas markets this year, a growth of more than 250% compared to 2011. The company plans to build production and assembly plants in target countries. Source: QQ Auto  

  • What's News? November 30, 2012 | 0 Comments

    Volvo China plans ten new models

    Volvo recently announced plans to launch ten new products in China over the next five years. The Chinese-owned company currently market three levels of products: The 30 and 40 series targeting entry level consumers; the 60 and 70 series targeting middle-end consumers; and the 80 and 90 series targeting high end consumers. Volvo's planned products are expected to expand the company's offering to additional price points to address positioning gaps between current models. Source: People.com.cn

  • What's News? November 28, 2012 | 0 Comments

    Volkswagen to expand China capacity

    Volkswagen recently announced plans to invest EUR 14 billion in order to expand its China manufacturing capacity to 4 million units by 2018. Local media reports that the company maintained fast growth in 2012; from January to October, VW delivered 2.26 million units to Chinese consumers. Source: 163.com

  • What's News? October 16, 2012 | 0 Comments

    New Audi Hybrids set to launch in China

    Audi plans to introduce new types of hybrid cars in China by the end of the year. The company plans to introduce its A4L, A6L, and A8L models in China, as well as the electric race car R8 e-tron. Until now, Audi Q5 SUV has been the only hybrid model offered by the company in China. The Q5 was launched in June, 2012. Source: EVTimes

  • Cars October 15, 2012 | 0 Comments

    Veiled promises: Can Chinese cars save Arab women?

    Carwash, China style.

    China has a spotty human rights record, but when it comes to women - the country is one of the world's most liberal. China's girl power is especially evident in the local car industry, where women enjoy special privileges and attention. But overseas, Chinese car brands are increasingly active in markets where women lack basic rights, including the right to drive. This creates an opportunity for China to export liberal attitudes (...and cars) and gain some badly-needed soft power and prestige.  ...Read More

  • What's News? August 27, 2012 | 0 Comments

    Zhejiang buys sixth of China’s BMWs

    According to BMW, one sixth of its sales in China came from Zhejiang province during the first seven months of 2012, making it the company's largest domestic market. Unlike in other provinces, the company opened stores in Zhejiang's county-level cities. In the first seven months of the year, BMW sold over 170,000 cars in China, an increase of 29% compared to the same period last year. Source: Sohu

  • What's News? August 16, 2012 | 0 Comments

    Geely to new models in H2

    Chinese media reports that Geely plans to launch several new model in the second half of 2012, including EC7, EC8, Gleagle GX7, Englon SC3, SC6 and version 6AT of SC7. At the same time, Geely plans to upgrade the engine system of all current cars by the end of the year. According to statistics, Geely sold 223,000 cars from January to June 2012, an increase of 4.2% over the same period last year. Source: EEO  

  • What's News? August 16, 2012 | 0 Comments

    Buick fines dealr who offered group purchase

    Buick recently fined a Beijing 4S dealer that held group purchase promotions to attract customers. At the same time, the company notified all other 4S dealers in Beijing that all forms of group purchase promotions must be stopped. Car dealers have been engaged in various promotional attempts over the past few months in efforts to clear stocks. According to a China Automobile Dealers Association investigation that covered over 1,000 dealers, the comprehensive stock parameter increased to 1.98 in June from 1.49 in January, much higher than the average stock parameter of 1.5. Source: Webcars

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