Publication: Gasgoo

First reported 15 hours ago - Updated 15 hours ago - 1 reports

Top 100 Chinese dealerships sell over 4.83m vehicles in 2012

Gasgoo.com (Shanghai May 24) - Combined yearly business returns for the hundred top performing automobile dealership networks in 2012, as listed by the China Automobile Dealers Associations, totaled 966.41 billion yuan ($156.15b), the Nanfang Daily reported ... [Published Gasgoo - 15 hours ago]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Summary: Global automobile sales in 2012 by region and by nation

Gasgoo.com (Shanghai) - According to statistics collected by the International Organization of Motor Vehicle Manufacturers and compiled by Gasgoo.com (Chinese), a total of 81.74 million automobiles were sold in 2012, 4.9 percent more than the amount sold ... [Published Gasgoo - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports

Summary: Net profits comparison for Chinese automobile manufacturers in Q1

Gasgoo.com (Shanghai) - The first quarter of 2013 saw sales in the Chinese automobile market grow rapidly. As a result of this, business returns and net profits of Chinese manufacturers also increased on the whole. Average year-on-year growth rate for ... [Published Gasgoo - May 23 2013]
First reported May 23 2013 - Updated May 23 2013 - 1 reports
SAIC Roewe
SAIC Roewe

Roewe 750 to come to Egypt in June under the MG name

Gasgoo.com (Shanghai May 23) - Following news that it would enter the Thai market with the help of domestic company Charoen Pokphand, SAIC Group has announced plans to sell own brand Roewe models in the Egyptian market next month by forming a new joint ... [Published Gasgoo - May 23 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports
Geely Automobile Holdings Ltd
Geely Automobile Holdings Ltd

Geely to release pure electric EC7 in 2014

Gasgoo.com (Shanghai May 22) - Geely has announced a new pure electric version of its EC7 luxury car, the Nanfang Daily reported today. The pure electric EC7 is scheduled to make its simultaneous domestic and foreign market debuts next year.According ... [Published Gasgoo - May 22 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports
BYD Company Ltd
BYD Company Ltd

China surge in car dealers likely to sap profit, Bernstein says

Bloomberg News - Chinese auto dealership returns will decline as automakers add more of them, intensifying competition, Sanford C. Bernstein Ltd. said in a report.Foreign automakers are expanding distribution in China's central and western regions and ... [Published Gasgoo - May 22 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports
General Motors Company
General Motors Company

China to become a major manufacturing center for GM

Gasgoo.com (Shanghai May 22) - General Motors is planning to add four new factories in China by 2015, the Nanfang Daily reported today. The manufacturer made the information public in its recently announced development strategy, adding that its total ... [Published Gasgoo - May 22 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Volkswagen expands car production in China

The Telegraph - German auto giant Volkswagen will build a plant in central China, a spokesman says, as it battles US rival General Motors to be the top foreign automaker in the world's biggest car market.The plant in the city of Changsha will start production ... [Published Gasgoo - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

GM recalls defective Cadillacs in China

Xinhua - Shanghai GM will recall 2,653 imported Cadillac SRX vehicles as their wheel nuts may become loose and pose a safety hazard, China's consumer quality watchdog said Friday.As of Friday, the company will recall Cadillac sport utility vehicles (SUVs) ... [Published Gasgoo - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

GAC to invest 1.7b yuan to increase passenger automobile production capacity

Gasgoo.com (Shanghai May 21) - Guangzhou Automobile Group's board of directors has approved a new expansion project for its passenger automobile production capacity, China Business News reported today. The project will cost GAC a total of 1.7 billion ... [Published Gasgoo - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Hyundai says it mulls fourth plant in China

Yonhap News Agency (Seoul) - South Korea's top automaker Hyundai Motor Co. is considering building a fourth assembly plant in China as it seeks to meet the growing demand in the world's largest auto market, a top official in charge of China said Frid ... [Published Gasgoo - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 1 reports

Majority of profits in the Chinese passenger automobile industry taken by JVs

Gasgoo.com (Shanghai May 21) - A recent study by the Institute of Economics of the Chinese Academy of Social Sciences reveals that the vast majority of profits made in the country's passenger automobile industry are taken by Sino-foreign joint venture ... [Published Gasgoo - May 21 2013]

Quotes

Increasing competition in the world's largest network of dealerships will probably fall hardest on smaller sellers, according to the report. "For some of the weaker brands whose dealers sell relatively few cars even now, this could prove to be a disastrous development" Warburton wrote
China surge in car dealers likely to sap profit, Bernstein says [Published Gasgoo - May 22 2013]
"The location of Changsha may be a result of Volkswagen's strategy to move production inland to central and western China and its consideration of local policies, which might offer tax incentives to support the investment" Jia said
Volkswagen expands car production in China [Published Gasgoo - May 21 2013]
"We are considering building a fourth plant in China with an annual production capacity of 300,000 vehicles" Hsueh told reporters at a Seoul hotel
Hyundai says it mulls fourth plant in China [Published Gasgoo - May 21 2013]
"The transport department's recent decisions on abolition of state government approval required for new product registration, smoothening of the registration process and delivery of smart cards and other documents for customers are welcome steps. The department's approach towards involving the automobile dealer fraternity as part of the stakeholders' consultation before finalization of future government policies is a novel and unprecedented approach" he remarked
India: Car registration gets simpler, no government nod needed [Published Gasgoo - May 21 2013]

More Content

All (98) | News (98) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Top 100 Chinese dealerships sell over 4.83m veh... [Published Gasgoo - 15 hours ago]
Summary: Global automobile sales in 2012 by reg... [Published Gasgoo - May 23 2013]
Summary: Net profits comparison for Chinese aut... [Published Gasgoo - May 23 2013]
Roewe 750 to come to Egypt in June under the MG... [Published Gasgoo - May 23 2013]
Geely to release pure electric EC7 in 2014 [Published Gasgoo - May 22 2013]
China surge in car dealers likely to sap profit... [Published Gasgoo - May 22 2013]
China to become a major manufacturing center fo... [Published Gasgoo - May 22 2013]
Volkswagen expands car production in China [Published Gasgoo - May 21 2013]
GM recalls defective Cadillacs in China [Published Gasgoo - May 21 2013]
GAC to invest 1.7b yuan to increase passenger a... [Published Gasgoo - May 21 2013]
Hyundai says it mulls fourth plant in China [Published Gasgoo - May 21 2013]
Dongfeng Honda to release new small SUV [Published Gasgoo - May 21 2013]
Majority of profits in the Chinese passenger au... [Published Gasgoo - May 21 2013]
India: Car registration gets simpler, no govern... [Published Gasgoo - May 21 2013]
Weaker yen is mixed bag for Japan auto makers [Published Gasgoo - May 21 2013]
GM's Opel says to move Zafira assembly to Ruess... [Published Gasgoo - May 21 2013]
US car use falls as younger generation shifts g... [Published Gasgoo - May 21 2013]
BYD's electric taxis hit Hong Kong roads with b... [Published Gasgoo - May 21 2013]
Chery suffers loss in Q1 and 'plans layoffs' [Published Gasgoo - May 21 2013]
Geely roars past its sales growth target [Published Gasgoo - May 21 2013]
New Chinese tax on luxury automobiles rumored t... [Published Gasgoo - May 21 2013]
Chinese automobile sales up despite weak economy [Published Gasgoo - May 21 2013]
BAIC to sell three new EV models this year [Published Gasgoo - May 21 2013]
Majority of Chinese automobile manufacturers fa... [Published Gasgoo - May 21 2013]
GAC, ZX Auto and CAPAC sign cooperation agreement [Published Gasgoo - May 17 2013]
Geely announces internal management reorganization [Published Gasgoo - May 17 2013]
Beijing Auto releases first Saab-based model ah... [Published Gasgoo - May 16 2013]
Chery denies accusations that it will reduce it... [Published Gasgoo - May 16 2013]
Shanghai VW to build new factory in Changsha, H... [Published Gasgoo - May 16 2013]
BMW aims to increases Mini sales in China [Published Gasgoo - May 16 2013]
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