China’s carmaker Chery Automobile Co Thursday said its overseas shipments in the first month of the year rose 21.2 percent year-on-year to 11,823 units. The figure was also up 25.1 percent from last month, indicating strong overseas sales growth, said Jin Yibo, Chery’s spokesman.
Mitsubishi wants a bigger piece of the Chinese car pie. The brand already has two joint ventures in China: SouEast-Mitsubishi and Changfeng-Mitsubishi which was basically no more than a license-deal. Changfeng however was merged into Guangzhou Auto in 2009. Mitsubishi wasted no time and started talks with Guangzhou Auto which will be concluded in September when parties will announce the new Guangzhou-Mitsubishi joint venture.
China’s passenger vehicle sales declined 16.5 percent year-on-year to 1.17 million units in January, thanks partly to the New Year and Spring Festival holidays, according to the China Passenger Car Association.
The 1.17 million units include cars, sport-utility vehicles, multi-purpose vehicles and minivans. It is the first time in years that all the vehicle segments have seen negative growth, the association said on Tuesday.
Italian luxury car-maker Maserati will recall 222 vehicles imported to the Chinese mainland due to defective rear lamps, China’s quality watchdog said Wednesday.
The recall, which began Wednesday, includes the GranTurismo, the GranTurismo S and GT GranCabrio models produced between June 6, 2008, and April 29, 2010, the General Administration of Quality Supervision, Inspection and Quarantine said in a statement.
Nissan China sold 1.24 million Nissan and Infiniti vehicles in China in 2011, a 21.9% increase from the previous year. Although Nissan is a relative new comer in China, it managed to accelerate its expansion with partner Dongfeng Motor.
Automaker General Motors Co. on Tuesday said sales in China in January slipped 8 percent from last year, but improved 25.3 percent sequentially, amid three fewer shopping days due to the Lunar New Year Holiday.
The automaker and its joint ventures sold 246,654 vehicles in the month. Sales of GM’s lineup of passenger cars totaled 124,073 units, while SAIC-GM-Wuling’s mini-vehicles and passenger cars sold 119,948 units. FAW-GM, GM’s light-duty commercial vehicle joint venture, sold 2,433 vehicles during the month in China.
Top Chinese automaker SAIC Motor Corp reported its first monthly sales decline in six months in January as automakers and dealerships closed shop for the week-long Lunar New Year holiday.
SAIC, which makes cars in partnership with General Motors and Volkswagen, delivered 380,305 vehicles in the month, down 8.48 percent from a year earlier, it said in a filing with the Shanghai stock exchange on Tuesday.
Despite massive earthquake and tsunami in Japan last March that interrupted production for months, Japanese carmaker Nissan Motor’s luxury unit Infiniti reported a 60 percent rise in 2011 China sales.
The full-year delivery of 19,075 units maintains China as its second-largest market worldwide for the second straight year. The company said in a statement that it plans to boost sales by 50 percent this year to about 30,000 units and add more than 30 new dealerships.