Berichten in September 2011
China’s Yema clones the Audi A4
Published on September 6, 2011 by Tycho de Feyter
Sichuan Yema Automobile (aka Chuanqi Yema) sells only one car, the F99 SUV. Yema though has big plans and showed four brand new cars in June, some concept, some production. This F16 is number five and it loox a bit too much like the Audi A4.
Dongfeng: Sales are steady, profits are down
Published on September 6, 2011 by Tycho de Feyter
Top four automaker Dongfeng Motor Corp reported stronger sales growth than the industry average in the first half, but a decline in net income due to a slowing economy.
The company said last week that its revenue in the first six months increased 3 percent from a year earlier to 63.7 billion yuan, while its net profit fell 10 percent to 5.9 billion yuan.
China Honda ventures recall 255,766 cars
Published on September 6, 2011 by Tycho de Feyter
Dongfeng Honda Automobile Co and Guangqi Honda Automobile Co will recall 255,766 vehicles to repair problems with power window switches, the country’s quality watchdog said Sept 5.
Toyota might face huge Recall in China
Published on September 6, 2011 by Joey Wang
Toyota Motor Corp, the second-largest Japanese automaker in China, may face declining sales in the country should government claims of faulty parts lead to recalls, Mizuno Credit Advisory said.
China’s General Administration of Quality Supervision, Inspection and Quarantine said in a statement on Aug 29 that malfunctioning brakes and broken drive shafts in Toyota vehicles led to accidents that “caused many casualties” in the first half.
Paten Applied: Beijing Auto C71 based on old Saab 9-5
Published on September 5, 2011 by Tycho de Feyter
Beijing Auto has applied for patent on the C71, based on the old Saab 9-5. The design is definite, the C71 will debut at the April 2012 Beijing Auto Show. Design didn’t change much from the C71 concept that debuted at the 2010 Beijing Auto Show.
Patent Applied: Chevrolet Sail EV to see Production in China
Published on September 5, 2011 by Tycho de Feyter
The Chevrolet Sail EV concept debuted at the 2010 Guangzhou Auto Show. It was developed by the Shanghai-GM joint venture and the Pan Asia Technical Automotive Center. Shanghai-GM has now applied for patent on the Sail EV which means production is very likely.
Brilliance H7 to be based on previous BMW 5
Published on September 5, 2011 by Tycho de Feyter
The Brilliance ‘Greater China’ concept car debuted at the Shanghai Auto Show in April. It has a real name now: H7. It will be based on the platform of the previous BMW 5L-series from the Brilliance-BMW joint venture. Read more »
Truck maker Beiqi Foton moves into US, Europe
Published on September 5, 2011 by Joey Wang
Beiqi Foton Motor Co Ltd has launched a heavy-duty truck for the US and European markets, the first Chinese model built for high-end overseas markets.
The Auman GTL was designed and produced for markets with stringent environmental requirements, such as the United States and Europe, the company said. GTL stands for global technology leader, a symbol of Foton’s ambitions in the global commercial vehicle arena.
Automaker Chery opens new plant in Venezuela
Published on September 5, 2011 by Tycho de Feyter
Leading private Chinese automaker Chery has opened a plant in Venezuela amid efforts to expand its overseas market, the company announced Thursday. The plant, located in Aragua in central Venezuela, officially started operation Monday and manufactures Chery’s A1 and A3 passenger models, Chery said in a statement. Read more »
SAIC ‘ready’ to pare stake in joint venture with GM
Published on September 5, 2011 by Tycho de Feyter
SAIC Motor Corp is ready to give up its majority ownership in a car venture with General Motors Co (GM) as long as Shanghai GM’s revenue can still be included in its books, two people familiar with the matter said on Thursday.
Under Chinese accounting rules that came into effect in 2010, a subsidiary’s revenue can be reflected in the books of the parent only if the parent is the majority shareholder. Read more »
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