Volkswagen AG’s two joint ventures in China plan to start making electric cars in 2014 and to ramp up to mass production by 2018, its China chief said on Tuesday.
Initial EV output at Shanghai-Volkswagen and FAW-Volkswagen was estimated at a few thousand vehicles, rising to 100,000 by 2018, the president and chief executive of Volkswagen’s China operations, Karl-Thomas Neumann, told an EU-China business convention in Beijing.
Chinese busmakers and automakers alike have gone school bus crazy. The reason: the central government is pumping out a lotta money for new school buses after some very nasty accident with very unsafe buses that left over 50 children dead.
In an earlier article I introduced the matter and three brand-new school buses from China, today we have number four. Yez, when there is money around all suddenly care… This is the Kinglong XMQ6900ASD4 ‘Smart School Bus’ from busmaker Kinglong, aka Golden Dragon, Jin Long in Chinese, from the great city of Xiamen in Fujian Province.
Automotive News reports that Ford is ‘considering’ selling the Shelby GT500 in China (and the other Mustangs?). Well, it is about time Ford stops considering things and start selling stuff. GM has big success with the Camaro in China, even so much that it designed a special China-only Transformers Edition. More via Motortrend:
The Shelby GT500 is a distinctly American supercar, but it might not be for long: the Michigan-made ponycar may finally be sold, by Ford, in markets like China and Brazil.
China’s auto exports hit 849,000 units last year, the highest level seen since the onset of the global financial crisis, the automobile branch of the China Chamber of Commerce for the Import & Export of Machinery & Electronic Products (CCCME AUTO) said on Wednesday.
Indians might perceive Chinese-made goods as cheap and of sub-standard quality, but the world’s largest carmaker, General Motors, is banking on cars designed and developed in China to catch up with the market in India.
General Motors Co., the world’s biggest automaker, is poised to receive approval to build a 7 billion yuan ($1.1 billion) factory in China, according to a provincial government statement.
The plant, operated by GM’s passenger-car venture with SAIC Motor Corp., will have annual production capacity of 300,000 vehicles and be located in the central city of Wuhan, the Hubei Environmental Protection Bureau said on its website.
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.