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China’s premium car market in 2017: Sales top 2.57 million units, some dealers earn more than £¤100 million

Who was the winner? It depends In December 2017, 12 premium car brands sold 247,375 vehicles in China, up 23.4 percent year-on-year and 4 percent more than the previous month. Total sales for 2017 were 2,574,689 units, up 18.4 percent. In 2018, the premium car market is expected to continue

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Happy New Year!

Happy New Year! While the full year numbers are not yet out for the heavy-duty truck and bus markets as of the date of publication of this issue, we can be certain that 2017 was yet another banner year for both segments. This issue features highlights from a few business conferences from

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Vehicle owners in China more conscious of tire brands as tire replacement rises, says J.D. Power

BEIJING – Vehicle owners in China are more likely to identify the brand of tires on their current vehicle, an increase to 70 percent from 42 percent in 2016, according to the J.D. Power 2017 New-Vehicle Tire Satisfaction StudySM (NV-TSI) released on August 24. The study shows that 2 percent

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Geely moves into commercial vehicles: a “long journey?”

It has been a busy year for Geely as far as launching new brands is concerned. A week after launching its new passenger vehicle brand LYNK & CO in Gothenburg and Berlin as potentially a “Volkswagen killer,” the private carmaker and owner of Volvo Cars launched Yuancheng Auto – a

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J.D. Power: customer loyalty intention for dealership service weakening despite stable costs

SHANGHAI – Customer loyalty intentions for dealership service are weakening despite stable costs, according to the J.D. Power 2016 China Customer Service Index (CSI) StudySM released on July 28. The study measures satisfaction among vehicle owners who have owned their vehicle between 12 and 36 months and who have visited

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GM’s new growth plan for China to focus on products, green technologies and mobility solutions

BEIJING – General Motors’ strategy in China over the next five years will be centered on a stronger product mix, greener technologies and smarter solutions for personal mobility. GM President Dan Ammann and GM Executive Vice President and GM China President Matt Tsien announced the U.S. automaker’s version of the

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Segment markets, logistics and dealers key words at 2016 business conferences

Segment markets, logistics and dealers were the common focuses of business conferences recently held by China’s top four heavy-duty truck manufacturers – DFCV, CNHTC, FAW Jiefang and Shaanxi Auto. All four truck makers will endeavor in the exploration of segment markets next year to better serve customers. For example, DFCV

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China’s automotive aftermarket: a strategic opportunity

The explosive growth in China’s automotive market over the last decade has made China the largest auto market in the world. While the focus has previously been on new auto sales, there has been much recent interest in the development of China’s automotive aftermarket. The domestic automotive aftermarket is in

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