Beijing – According to statistics released by the China Association of Automobile Manufacturers (CAAM), China's automobile output and sales both reached over 2.5 million units in the first quarter of 2008. The growth of output is slightly lower than that of last year, while the sales increased almost as fast
Read MoreLu Yi appointed head of BMW China Shanghai division SHANGHAI – Lu Yi, vice president of BMW China, will begin to head the Shanghai division of BMW China, effective May 1, 2008, according to a company news release. Lu will be in charge of the company’s operations in East China, including
Read MoreBEIJING – BYD Auto unveiled its all-electric vehicle, the e6, amidst the opening of the 10th China International Auto Show, or Auto China 2008, on April 20, 2008 in Beijing. According to BYD’s catalogue being distributed at the event, the e6, representing “new energy, new power and new concept,” is powered
Read MoreExecutives from local Chinese and multinational carmakers agree that competition in the world’s second largest auto market has become one of the fiercest in the world. They came to this agreement during CBU’s 13th annual international conference – the 2008 Presidents’ Forum held on April 16-18 in Beijing to discuss Automotive
Read MoreChina’s strict equity share requirement for setting up whole vehicle joint ventures may be eliminated after 2010, according to Zhang Xiaoyu, deputy director of the China Confederation of Machinery Industry and director of SAE China. Zhang made the statement at the gala welcome dinner on April 16 of CBU/CAR 13th
Read MoreGovernment and association officials agreed in their presentations at CBU’s annual conference that China would become the world’s largest automobile manufacturing country in the next 5-10 years. But a sustainable growth of the automotive sector will be possible only with appropriate and favorable policy and regulatory guidance. Market perspectiveSpeaking at
Read MoreAfter showcasing it F6DM, a dual mode hybrid car, in Detroit and Geneva earlier this year, Wang Chuanfu, chairman of BYD Co., Ltd. and BYD Auto announced at the 2008 Presidents’ Forum that the company would unveil its all-electric vehicle, the e6, at Auto China 2008, China’s largest auto show
Read MoreMultinational Tier 1 suppliers agree that the recent rise in the cost of raw materials and labor are posing real pressures on their operations in China. “The pressure is real and acute,” said Dr. Choon T. Chon, president of Delphi Asia Pacific and Delphi China during a Q&A session at
Read MoreTo Lei Yucheng, chairman of TJ Innova Engineering & Technology Co., Ltd., competition in China’s automobile market is both complex and cruel. It is complex because all of the major multinationals have set up assembly plants and local players have emerged. It is cruel because the current 50 percent market
Read MoreAmidst a spring morning shower on April 20, Dongfeng Commercial Vehicle Co., Ltd. (DFC) launched its new Dongfeng Kingrun series of trucks for the domestic market at Auto China 2008 in Beijing. “The introduction of Dongfeng Kingrun indicates that the upgrade of Dongfeng medium heavy-duty trucks has been completed,” said
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