PSA Peugeot Sales Dropping in China & Southeast Asia!
PSA Peugeot Citroen's sales in China and Southeast Asia continued to slump in May, dropping 50 percent year on year to below 24,800. The French automaker did not release country-by-country sales figures but China accounts for nearly all of PSA's Asian volume. Last month, roughly 16,600 Peugeot models and 8,200 Citroen cars including 500 DS models were delivered in China and Southeast Asia, according to figures PSA disclosed on its website. Through May, PSA’s deliveries
China Aims To Be An Auto Powerhouse!
CHINA is aiming to become a world automaking powerhouse in a decade, vowing to boost development of new-energy vehicles and relax restrictions on foreign ownership in the auto industry. The country will strive to achieve breakthroughs in key technologies and markedly increase the share of Chinese brands in the international auto market by 2025, according to an auto industry development plan released yesterday by three government departments, including the Ministry of Industry
Chinese Buy Into Cadillac, A Market Where Brand Heritage Counts And Growing!
SHANGHAI - Elvis Presley, not lost in China! At the biggest-selling Cadillac dealership in China, customers react to the brand's image the way Cadillac hopes customers everywhere will. Famous names in imposing silver lettering adorn a "wall of honor" at Shanghai Brilliance Hutong Auto Sales Co. There is Marilyn Monroe, Muhammad Ali, Cindy Crawford, Barack Obama, Queen Elizabeth II and, of course, one of history's most famous Cadillac customers -- Elvis. It is a message the br
Amsia's JV Partner DongFeng Motors, Fortune 500 ready to make more green cars!
National Electric Vehicle Sweden AB (NEVS), the owner of the sorta-still-there Saab automobile brand, has reached a deal with Dongfeng Motor Corp. in which the China-based automaker will help NEVS develop greener vehicles. NEVS and Dongfeng have been working together since July, though the agreement was officially announced Monday. The companies say the agreement relates to so-called "new-energy" vehicles, though neither details of what those new energy vehicles will be nor f
China Association of Automobile Manufacturers & Foreign investors.
The domestic Chinese auto market has seen an increase in foreign investors to the extent that they now make up the majority of the Chinese auto market for the first time in a long while. While China is dominating the markets in technology and other industries their domestic auto market has not seen as big of advances as they would have hoped going up against bigger and more prepared foreign automobile manufacturers. The China Association of Automobile Manufacturers (CAAM) doe
Green, Auto Hybrid demand increase production, 2017!
While China’s production of domestic and international automobiles may not be excessive they continue to be a major world automobile market influencer. In their extensive research and development of cleaner and more efficient vehicles China has surpassed many of the world’s automobile manufacturing giants. In 2011 China produced only 12,552 electric vehicle units as opposed to one year later, in 2012, when they produced 11,241 units of solely electric vehicles which raised th