Tag Archives: china

Is China Now Clearly in the EV Affordability Lead?

This of course is not good news for occidental auto conglomerates or their customers, which through a forced combination of government regulation, shareholder pressure and consumer sentiment are investing billions in EVs to solve the very real and deadly problem of fossil fuel use, which has increasingly visible negative health and climate effects. Continue reading

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Q1 Financial Results of BMW Exceed Market Expectations

Part of the reason, of course, was extremely low expectations for the Munich-based auto conglomerate because of the ongoing Covid 19 pandemic. Continue reading

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Chinese CATL and Honda Alliance to Make EV Batteries, Technology and Maybe Autonomous Vehicles

The companies said the agreement will enable them to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries. Honda is spreading the risk and costs and hedging its bets on battery electric vehicles, the development of which is threatened by the ongoing Covid crisis that has already cost automotive companies billions of dollars. A key byproduct of EVS is autonomous vehicles – which may not justify the investment required for a decade or more. Continue reading

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Bentley Motors – Chinese Dealers Open With First Flying Spur Deliveries

Flying Spur has Electronic All-Wheel Steering, coupled with Active All-Wheel Drive and Bentley Dynamic Ride. Power comes from a version of Bentley’s 6.0-litre, twin-turbocharged W12. Continue reading

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Groupe Renault Reveals A New Strategy for China

Renault will continue to provide aftersales service for its 300,000 customers through Renault dealers, and also through Alliance synergies. Further development for Renault brand passenger cars will be detailed later within a new mid-term-plan from Renault. Continue reading

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Honda Sets Monthly Record for Auto Production in China

All told Honda globally produced 4.81 million vehicles year to date. China now represents 29% of all Honda Motor production. Continue reading

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Trade Wars: Commerce Finds Dumping, Countervailable Subsidies of Chinese and Thailand Propane Cylinders

During 2017, imports of steel propane cylinders from China and Thailand were valued at an estimated $89.8 million and $14.1 million, respectively. In addition, Commerce found that exporters from China received countervailable subsidies at rates from 37.91 to 142.37%. Continue reading

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People – Changes at Mercedes-Benz Cars

Britta Seeger, member of the Board of Management of Daimler AG, responsible for Mercedes-Benz Cars Sales: “With Jan Madeja, Nicholas Speeks and Holger Suffel we have found excellent managers and proven sales experts with many years of experience for our markets China, USA and Russia. I wish them every success with their new tasks. My special thanks goes to Dietmar Exler who leaves our company at his own request. Under his leadership, Mercedes-Benz has been able to maintain its market leadership in the premium segment every year since 2016.” Continue reading

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