The Volvo S60L Hybrid will be launched on the Chinese car market in mid-2015. The S60L Hybrid is based on the Volvo S60L, a China-only stretched variant of the Volvo S60. The S60L Hybrid is a ‘Petrol Plug-in Hybrid Electric Vehicle’, unlike the Euro-spec S60 Hybrid which is based around a diesel engine. The ‘S60L PHEV’ debuted in semi-concept form on the 2014 Beijing Auto Show.
The Cadillac SRX SUV will be manufactured in China from 2015. The SRX will be made by the Shanghai-GM joint venture, in a new factory near Shanghai city. The Cadillac SRX is currently imported into China and therefore expensive compared to the locally-made competition.
Toyota will launch a new sub-brand in China in 2015, it will be positioned under the Guangzhou-Toyota joint venture. The new sub-brand will be called Lingzhi (领志) in Chinese and Leahead in English. Leahead stands for ‘Leap Ahead’. The brand will focus on cheap electric cars aimed at young and hip car buyers in China.
Ford sales in China are down 4% in September compared with a year ago to about 69.000 vehicles, the first monthly drop for Ford in more than two years. It follows sales increases of 13% in August and 19% in July—strong results that were nevertheless a slowdown from its 62% sales surge for all of 2013.
General Motors will invest $14 billion in China over the next five years and open five new manufacturing plants to increase annual sales in the world’s largest car market to nearly 5 million vehicles.
The company’s plans for China also include introducing 60 new models or revamped vehicles, including nine new models from its flagship luxury brand Cadillac, GM Chief Executive Officer Mary Barra said on Wednesday.
The new seventh generation (LF) Hyundai Sonata will be manufactured in China starting in November. The new Sonata will then officially debut on the Shanghai Auto Show in April 2015 and launch on the Chinese car market in March 2015.
The Sonata will be produced by the Beijing-Hyundai joint venture that also make the current sixth generation Sonata, the fifth generation, and the fourth generation Sonata (!). China indeed has three Sonatas. The coming of the new LF will likely mean the end for the fourth generation, which has been built since 2002.
The new Hyundai Sonata will be powered by a 2.4 liter four-cylinder with 168hp and 201nm, or by a 2.0 turbo with 200hp and 252nm. Price is expected to start around 150.000 yuan.
Beijing’s annual bill for the infamous and endless traffic jams amounts to 70 billion yuan ($11.3 billion), a recent study has found. According to a 2014 survey conducted by Peking University’s National Development Research Institute, 80 percent of total loss relates to time wasted waiting, 10 percent to gas and 10 percent to environmental damage.
The Lincoln MKC SUV will be launched on the Chinese car market on October 23, marking the start of a large Lincoln sales offensive in China. Price for the Lincoln MKC will start around 350.000 yuan and end around 450.000 yuan (57.000 – 73.000 USD). The MKC will be imported into China but it might be manufactured locally in the not-so faraway future.
Chinese car parts producer Wanxiang Group, which bought car maker Fisker Automotive from bankruptcy early this year, is accelerating the relaunch of the Fisker Karma hybrid by using the design from the company’s last year of production, people close to the companies said.
Volkswagen is working on a China-only luxury sedan based on the platform of the Audi A6L. The vehicle, code named ‘511’, will be manufactured in China. The Audi A6L is a stretched variant of the Audi A6, made locally at the FAW-Volkswagen joint venture in northeastern China. The Volkswagen 511 will be manufactured by Shanghai-Volkswagen, Volkswagen’s second Chinese joint venture.