Home > 2012 > September (Page 2)

Sights and sounds of China related exhibitors at the 64th IAA Commercial Vehicles

More than 100 Chinese OEMs, suppliers and dealers showcased their products at the 64th International Motor Show (IAA) Commercial Vehicles held from September 20-27 in Hanover, Germany. Multinational vehicle manufacturers and suppliers including Daimler, Volkswagen, MAN, DAF, Schmitz Cargobull, Bosch and Tenneco released their latest strategies in the Chinese market

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Executives discuss issues and trends of China’s heavy-duty market in Hannover

China’s Commercial Vehicle Market in the Age of Globalization, the third annual heavy-duty international seminar organized jointly by China National Automotive Industry International Corp. (CNAICO) and CBU/CAR, was held on September 20 in Hannover, Germany during the biannual IAA Commercial Vehicles show. Industry analysts and executives from multinational and Chinese

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JVs to make Chinese brands

Recent development indicates a new twist in favor of China’s efforts to develop independent passenger vehicle brands within the structure of existing and newly formed joint ventures. At the launch of the new Dongfeng Aeolus 1.6L A60, Dongfeng Motor Corp. vice president and president of DFM Passenger Vehicles told the

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The four tough challenges for Heizman

Compared with predecessor Winfried Vahland, Jochem Heizmann faces a different set of challenges in China. The biggest challenge for the new CEO of Volkswagen China is obvious. The era of explosive growth of China’s automobile market has come to an end. Competition has turned from capacity expansion to cut-throat price

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CIRC encourages automakers to establish insurance agencies

  BEIJING – The Notice on Encouragement of Specialized Operation of Automobile Company Commissioned Insurance Business (the Notice) released by China Insurance Regulatory Commission (CIRC) on September 24 indicated that automobile companies (including manufacturers and dealers) are encouraged to establish insurance agencies and brokers or initiate cooperation with existing ones

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Chinese dealers need more flexible business models, says Deloitte survey

BEIJING – The current one-sided sales models will not be sufficient for Chinese automotive dealers to survive as the market enters a micro growth period, according to a report in Beijing News citing a Deloitte survey. With decreasing number of first-time buyers and increasing diversified demands from consumers, dealers should

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China exports 95,419 vehicles in August, up 10.65 percent

  BEIJING – China’s automobile export volume in August rose 10.65 percent year-on-year to 95,419 units, according to the latest data from China Association of Automobile Manufacturers (CAAM). The total includes 62,818 passenger vehicles and 32,601 commercial vehicles, up 16.41 and 1.02 percent, respectively. In the passenger vehicle sector, the

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