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Chinese domestic carmakers announce 2020 sales goals

Six major automakers in China have announced their 2020 sales goals, including FAW, Dongfeng Motor Group (DFG), SAIC, Chang’an, GAC and Brilliance Auto, reported gasgoo.com.  FAW FAW plans to sell more than 4 million vehicles, including 2 million Chinese brand models in 2020, and introduce 18 new Chinese brand models.

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Chinese Creating New Auto Niche Within Detroit

By BILL VLASIC, New York Times DETROIT — Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry. Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in

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M&A: a key theme shaping China’s auto industry

– by Wei Jinqiao The Chinese State Council released the Industry Upgrading and Transformation Plan (2011-2015) (the Plan) on its official website on December 30, 2011. The Plan stipulates that China’s auto industry must increase its concentration ratio from 82.2 percent in 2010 to over 90 percent by 2015.

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Brilliance Auto to showcase nine models at Shanghai auto show

SHENYANG, Liaoning – Brilliance Auto, BMW’s Chinese partner, will bring nine new models to the Shanghai auto show in April, including its new sports sedan A4, an SUV, two all-electric concepts – the V1 and Jinbei Haise W, the concept version of a C-Class luxury model, etc., xche.com.cn reports. The A4

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