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Tag Archives: china auto market
General Motors China Sales Top 2 Million. Again!
For the second time in its history, General Motors has sold more than 2 million vehicles in China in a calendar year, reaching the milestone this week. China has been GM’s largest market for the past two years where it is the Number One automaker. GM is on track to sell 5 million vehicles in China by 2015. And it might just be a question of time before Chinese companies mount a takeover of GM via its publically traded stock, and move GM headquarters to Shanghai, where GM China already has substantial space in a huge office tower. Continue reading
Competition in Chinese Auto Market Results in Cross Shopping Record. U.S. Brands Suffer Because of Poor Fuel Economy
Fuel economy is also among the top rejection reasons, particularly given the sharp increases in gas prices that have occurred in recent years. Fuel economy is becoming a challenge for nearly all manufacturers, but particularly so for U.S. brands. Approximately one in four rejecters (24%) say they rejected a model of a U.S. brand because they expected better fuel economy. Continue reading
GM and SAIC to Develop New Electric Vehicle in China with U.S. Taxpayer Supported GM’s EV Knowledge and Technology
“The policy is not written, but the pressure is real,” said Mike Dunne in an interview with AutoInformed. “All the western automakers have the same story – GM, Volkswagen, Ford – all have now reluctantly agreed to do so as a condition of further market expansion.” Continue reading
Posted in alternative fuels, auto news, economy, electric vehicles, new vehicle, news analysis, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, china, china auto market, chinese industrial policy, electric vehicles, ge, general motors china, gm china, gm saic, gm saic ev, gmio, immelt, Ken Zino, pan asia technical automotive center, patac, saic ev, u.s. unemployment, zino
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GM Board Meets in China. New Investment Coming Tomorrow?
At about the same time the UAW reveals details of its new contract with GM tomorrow U.S. media, General Motors Vice Chairman Steve Girsky will be holding a conference call for media from Shanghai.
The latest communication from GM will likely detail plans for further job creation via new investment in China, GM’s and the world’s largest automarket. Continue reading
Great Leap Forward! GM China Announces Five Year Plan to Double Sales by Introducing 60 New and Upgraded Models
In fact, due to a job creating industrial policy dictated by the Communist Chinese government, China is actually benefitting from leverage as all western automakers must establish joint ventures with local Chinese companies – some of them former munitions makers and military suppliers – in order to gain access to the lucrative market. Continue reading
Posted in auto news, economy, new vehicle, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, china, china auto market, chinese auto market, chinese industrial policy, general motors china, gm china, gm china sales, Ken Zino, u.s. unemployment, zino
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BMW Brilliance Automotive to Show Plug-in Hybrid at Shanghai
BMW Brilliance Automotive will show a prototype plug-in hybrid sedan at Auto Shanghai 2011 later this month. The plug-in hybrid, based on a long wheelbase 5-series sedan is significant because it was developed exclusively for the Chinese automobile market and produced at the Shenyang joint venture site. Continue reading
Posted in auto news, environment, new vehicle, news analysis
Tagged 5-series plug-in hybrid, auto informed, auto news, auto shanghai, autoinformed, autoinformed.com, automotive news, bmw brilliance, bmw china, china auto market, china hybrid, chine evs, electric vehicles, Ken Zino, plug in hybrid, shanghai auto show, zino
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China Rules as GM Sets February Sales Record
General Motors and its eleven government-mandated Chinese joint ventures sold 184,498 vehicles in February, setting a new record for the month, but not, repeat not, outperforming its amazing sales of 207,000 in its home U.S. market. Continue reading
Posted in auto news, new vehicle, news analysis, results, sales
Tagged auto news, autoinformed, autoinformed.com, automotive news, china auto market, china results, china sales results, Chinese auto, GM, gm china, Ken Zino, new vehicle, news analysis, results, sales and tagged auto informed, zino
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General Motors to Introduce 20 New Models in China, Add Jobs
The world’s largest auto market, China, has been good to General Motors, the world’s largest automaker. So no surprise when General Motors Chairman and CEO Dan Akerson said today in Beijing that GM will introduce more than 20 new and upgraded models during the next two years, as well as strengthen Chinese product development capability. Continue reading
Posted in auto news, new vehicle, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, china auto market, china sales results, Chinese auto, GM, gm china, Ken Zino, results, zino
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General Motors Sets January Vehicle Sales Record in China
General Motors had a record sales month in China in January, as GM’s two largest manufacturing joint ventures new monthly highs for vehicle sales in the world’s largest auto market of more than 18 million vehicles. It’s a continuation of GM’s strong performance in China during 2010, where it sold more cars and trucks than it did in the U.S. Continue reading
Posted in auto news, economy, new vehicle, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, china auto market, china sales results, Chinese auto, GM, gm china, Ken Zino, results, zino
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