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Tag Archives: gm china
SAIC-GM-Wuling JV in China Sells 1,000,000 Vehicles
SAIC-GM-Wuling has sold 1,000,000 vehicles in China for the fourth consecutive year. It is the earliest the General Motors China joint venture – required by the communist government as a successful job creating policy – has reached the milestone. In 2011, SGMW sold its 1 millionth vehicle in October. Continue reading
Posted in auto news, economy, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, chevrolet move, ford china, gm china, Ken Zino, saic, saic-gm-wuling, wuling, wuling rong guang
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GM Posts August Sales Record in China as Its Biggest Maker
General Motors and its government-mandated joint ventures set a new August sales record in China as sales increased rose 7% from the previous August and 11% from July to 220,996 units. All three of GM’s large manufacturing joint ventures set sales records for the month. Shanghai GM’s domestic sales were up 12% on an annual basis to 110,209 units. SAIC-GM-Wuling’s sales in China rose 3% to 106,500 units. FAW-GM’s domestic sales increased 17% to 4,117 units. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, auto sales, autoinformed.com, automotive news, gm china, Ken Zino, sales
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GM May China Sales Set Record. Ford China Sales Also Up
General Motors and its joint ventures sold a May record 231,183 vehicles in China. Demand was up for the market leader 21.3% from the same month in 2011 and 1.7% from April of this year. At Ford China, increased sales of passenger cars offset a slump in light commercial vehicles during May, which led to an 8% increase year-over-year at 48,608, vehicles. Volkswagen Group the number two seller in China by far has not reported May sales yet. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, china, china results, ford china, gm china, Ken Zino, results
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Ford China Sales Rebound in April with 24% Gain
After three straight months of declining sales in China, Ford Motor said today that sales increased 24% year-over-year to 54,881 based on wholesale deliveries. Ford China has now sold 176,274 vehicles year-to-date in China. Market leader General Motors and its communist government required joint ventures in China set a domestic sales record for April of 227,217 vehicles. Demand was up 11.7% from the same month in 2011. Its performance in April took GM’s sales for the first four months of the year to 972,369 units, an increase of 9.4% on an annual basis. GM has now sold more than one million vehicles in China. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, chine, ford china, Gary Johnson, gm china, Ken Zino, Kumar Galhotra, Marin Burela
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Ford to Expand Chongqing Plant, Raising Capacity to 950,000
This will make Chongqing by far the largest Ford production site in the world – a latter day Rouge for communist customers. The latest expansion includes a new assembly line, body and paint shop. Construction on the extension is expected to begin immediately and the first vehicle is expected to come off the line in late 2014. CFMA already operates two assembly plants and an engine plant in Chongqing, with another engine plant and a transmission plant currently under construction. Continue reading
GM Sets March and Quarterly Sales Records in China
General Motors and its communist government mandated joint ventures in China sold 257,944 vehicles in March and 745,152 vehicles in the first quarter of 2012, setting both March and quarterly records. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, china sales results, gm china, Ken Zino, toyota china
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Ford China Sales Up 28% in February, But Down 15% YTD
The new Focus, built at Changon 2 is the first of 15 new or revised models due from Ford China by 2015. If the downward sales trend continues, Ford Motor will be in financial trouble because three additional new manufacturing facilities are scheduled to open by the end of 2013. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, changon ford, chinese auto industry, ford china, gm china, Ken Zino, results
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GM Posts February Sales Record in China, Up 30%
The makes February the third highest for any month in GM’s history in China where it has led sales among foreign automakers for seven straight years. In January, GM sales dropped 8% year-over-year, and Ford’s plummeted 42%, leading to speculation that the Chinese economy is slowing down. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, february sales, GM, gm china, Ken Zino, results
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Ford China Sales Plummet 42% in January? GM off 8%
Ford China reported January sales of 30,976 vehicles – a – 42% freefall compared with 53,340 vehicles in the same period last year, and just under 50,000 vehicles in December of 2011. General Motors also posted a drop of 8% in January to 246,654 vehicles – GM’s second-best January ever in China where it is well established. The open question is whether this is the beginning of a prolonged downturn in the Chinese economy that some western economists are predicting as a result of Chinese government policies to slow down growth. If so, it will be an unwelcome development for both GM and Ford with their weak balance sheets, and loss making operations in Europe. Things will become clearer when other automakers report China sales. Continue reading
Posted in auto news, economy, news, results, sales
Tagged auto informed, autoinformed.com, automotive news, buick china, chevrolet china, china sales, ford china, gm china, Ken Zino, results
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General Motors Sets Sales Record in China. Ford Up too
Both General Motors and Ford Motor finished 2011 with strong performances in China, the world’s largest automarket for the past three years. GM and its joint ventures sold a record 2,547,171 vehicles up 8.3% from the previous high of 2,351,610 … Continue reading
Posted in auto news, news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, china, china auto sales, currency value, ford china, gm china, Ken Zino, results, rmb, wto
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Chevrolet Volt Earns 5 Stars in Euro NCAP with No Battery Fires. GM Announces Volt Export Plans to China Next Year
At the same time the National Highway Traffic safety Administration was preparing to announce that a formal investigation had begun over Chevrolet Volt battery fires, the European New Car Assessment Program (Euro NCAP) released its latest results, which gave the Opel Ampera a top 5-star rating. The Ampera is a virtual clone of the Chevrolet Volt.
Posted in auto news, economy, electric vehicles, engineering, environment, news, news analysis, safety
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chevrolet volt, euro ncap, gm china, iihs, Ken Zino, nhtsa, volt, volt exports, volt fires, zino
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GM China Sales Set October Record – Surpass U.S.
During October 2011, sales by GM in China surpassed 2 million, reaching 2,113,274 units – more than the 2,000,000 units it has sold in the U.S. ytd. Two of GM’s manufacturing joint ventures surpassed 1 million annual sales in China, with Shanghai GM’s sales totaling 1,009,536 units and SAIC-GM-Wuling’s sales coming in at 1,053,196 units. This was the earliest in their history that GM and its joint ventures reached these sales milestones. Continue reading
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
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
