Auto industry put pedal to metal

25 Фев 2014 | Author: | Комментарии к записи Auto industry put pedal to metal отключены
BMW Brilliance Zinoro 1E

Qoros unveils its first of models at the Geneva auto in March last year, at discerning young buyers in and Europe. Wang Siwei /

German automaker Daimler AG in completed the purchase of a 12-percent in its Chinese partner BAIC the passenger car unit of BAIC becoming the first foreign to hold a significant equity in a Chinese company.

Under the Hubertus Troska, Daimler management board member for China, and Bodo Uebber, a of the group’s management board and financial officer, both seats at the BAIC Motor of directors.

The two companies also that BAIC will its stake in their production venture Beijing Benz Co by 1 percent to 51 percent.

At the same Daimler will increase its in newly integrated sales venture Beijing Mercedes-Benz Service Co by 1 percent to 51 percent.

To cement the partnership, the Beijing-based is also mulling an investment in said BAIC chairman Xu

Daimler announced in August it is investing 2 billion euros billion) in Beijing Benz to it the largest Daimler production in the world by 2015, more doubling the annual capacity to units.

Dongfeng, Renault for joint venture

Chinese Dongfeng and French Renault an operating deal in December for a joint venture to produce and engines in Wuhan, Hubei

With a total investment of billion yuan, Dongfeng Automotive Co Ltd will produce vehicles and 150,000 engines in the first phase, which is of the capacity it will have all phases are completed.

The venture plans to produce a of new Renault vehicles, with slated first for production. It also develop and promote cars and its own brands with It plans to have a localization of more than 85 percent.

The will use the current sales for imported Renault cars to locally built vehicles and services. The distribution network be expanded from the current 92 to 120 by the first half of 2016, production begins. The locally vehicles may also be exported, to Renault’s approval.

Four members from Dongfeng and from Renault will sit on the board of directors. Its CEO will be by Dongfeng and Renault in rotation for a term.

Homegrown Hongqi readied for revival

FAW Group in May launched its Hongqi H7 sedans in a bid to a slice of the lucrative high-end car market, which is currently by foreign brands.

The H7, released as of the company’s effort to revive the or Red Flag, is the country’s first high-end passenger car model.

FAW five H7 models, with ranging from 299,800 to 479,800 yuan.

FAW Chairman Xu said the H7 will first the business-car sector and then be to the mass market to compete foreign brands like and Mercedes-Benz.

FAW launched the Hongqi project in 2008 and by 2012, it had 5.2 billion yuan in the R D of new models. It to invest another 10.5 yuan by 2015 to boost R D and more models.

Created in 1958 as China’s top vehicle, the Hongqi was used by leaders at major celebrations as as to transport important foreign including US president Richard during his landmark visit to in 1972.

But production of the brand in 1981 because of its fuel and high cost.

BMW tests of electric market

BMW Brilliance its independent brand, the Zinoro, in The brand name in Chinese is which means commitment or

Its first car, the pure-electric 1E was in November and will hit the market in the quarter of this year.

to BMW, the car is specially made in and for China because the country is toward green autos, the switch to new technology takes

The models will be built in Liaoning province, where the BMW joint venture now produces the BMW 3 and X1.

Zinoro will have a distribution channel, and the batteries be sourced from China.

said the Zinoro is also to be sold to markets outside

BMW has been dedicated to bringing vehicles to China. This it will also introduce the i3 an all-electric car under its wholly i sub-brand — to China imports.

Tesla opens showroom, takes orders

US carmaker Tesla opened its showroom in China in November, pre-orders from customers at its location.

Located in the east of the showroom now displays two Tesla S four-door sports cars.

last August, potential have been able to a pre-order contract and put down a deposit to add their names to the list. The sales will be next month.

Based in Palo Alto, the company may open a service in Beijing to help support new planned in Shanghai, Shenzhen and cities.

On Jan 22, Tesla announced the S would be priced at 734,000 in China, defying previous that it would cost of 1 million yuan.

Tesla CEO Musk said that the expects sales in China to its US volume by 2015.

In 2013, sold 22,300 Model S around the globe, far more its initial target of 20,000

The company hoped to double its sales in 2014 with expectations for the China market.

GM plant to produce Cadillacs

Motors broke ground on a new in Shanghai in June for the local of Cadillac cars with the aim of its foothold in the Chinese luxury

The new plant, with a new R D facility the company’s Pan-Asia Technical Center in the same location, has investment of 8 billion yuan.

It has a annual capacity of 160,000 vehicles. It will include a shop, paint shop, assembly shop, auxiliary and high-speed and brand experience

Cadillac has set goals of tripling its sales in China to 100,000 by 2015 and increasing its share of luxury car market to 10 percent by

In 2013, Cadillac sales in were up 66.6 percent the previous year to a record units. GM’s luxury was led by the SRX, which sold units, an increase of 24.0 In addition, the ATS — which was in November — sold units in 2013.

BYD exploring foreign markets

year was a time of global for BYD, a leading electric bus from Shenzhen, which headway in its efforts to break mature Western markets, to the company.

Its 12-meter electric bus the ebus — has already had in the United States, and in European including London, Paris, Bonn, Madrid, Barcelona, Warsaw, Amsterdam, Brussels and according to BYD.

The trials that the range of the model can exceed 250 km on a single charge in urban conditions.

The performance has been proven through operations in China.

In Shenzhen 220 BYD have been in service January 2011, traveling than 20 million km, each up to 120 passengers during rush with full air-conditioning in

BMW Brilliance Zinoro 1E

The ebus not only produces emissions but also offers savings in operating costs. BYD the bus uses about 130 kWh of electricity per 100 km in conditions.

The battery takes to five hours to charge a totally exhausted state, costs the equivalent of about $32 in the UK using peak-hour electricity, a of up to 75 percent compared to a diesel said the company.

BYD added its battery is designed to have a of more than 4,000 enough for 10 years or more normal operating conditions.

Auto debuts in Geneva

Auto — the new independent from China — its public debut in March at the Motor Show by unveiling the in a series of new models aimed at young buyers in China and

The 50-50 joint venture in 2007 by China’s Chery and Israel Corp presented the premiere of its first production a four-door compact car, the 3.

The company also unveiled two models — the Qoros 3 and Qoros 3 estate. It is aimed at with similar models Volkswagen and Toyota.

Qoros produce the sedan in Changshu, province, with an initial production of 150,000 units, to 450,000 units a year in

Boasting an international team major design input nine different automotive Qoros plans to launch new model in six to eight months.

The said Qoros is dedicated to high-quality cars in line international standards through its business model.

In November, the announced the prices of Qoros 3 ranging from 119,900 to 167,900 yuan. It will the second production model at the Geneva auto show in

Volvo unveils first made model

Volvo Car unveiled its first locally model S60L on Dec 13 in Beijing.

at its Chengdu plant, it is Volvo’s model produced outside In addition to the Chinese market, the will also be exported to including the United States.

The is expected to boost the brand’s in China. It sold 61,146 in 2013, a 45.6 percent from the previous year.

also has a new auto production in Daqing, Heilongjiang province, an plant in Zhangjiakou, Hebei and an R D center in Shanghai.

The Daqing will produce sedans, and clean energy models, the Zhangjiakou factory is designed to engines for the two plants in China.

the Daqing and Zhangjiakou plants are by a joint venture between and Geely. The Chengdu plant is with Zhejiang Haoqing Factory, which is wholly by Geely.

Volvo Group has a 30 percent in a joint venture with that formed after the automaker acquired Volvo Car in 2010.

Great Wall domestic competitors

Great Motor topped Chinese vehicle brands in sales by 754,242 vehicles in 2013, a 21 rise from the previous

More than 410,000 SUVs were sold in the contributing more than of its sales figure.

The automaker’s net reached 8.27 billion in the year, a sharp rise of percent from the year, is possibly the highest profit in the global auto industry.

Wall Motor also breakthroughs in research and development. Its engine for its SUVs won a first in the Chinese auto industry and technology awards in May.

The has set an ambitious sales goal of 880,000 units in 2014, and it sales to reach 1.3 million by

(China Daily 02/17/2014

BMW Brilliance Zinoro 1E
BMW Brilliance Zinoro 1E
BMW Brilliance Zinoro 1E
BMW Brilliance Zinoro 1E
BMW Brilliance Zinoro 1E
BMW Brilliance Zinoro 1E

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