As the Chinese auto market continues to expand, foreign automakers are tailoring their designs to Chinese tastes. At South China Morning Post, Patrick Boehler reports that frequent use of car horns in China, 40 times more...
More car makers are gearing their designs towards China’s auto market, and General Motors is no exception. Despite the slowdown in China’s auto industry, GM has profited with record auto sales in May. AFP reports: GM’s...
As more and more auto makers are gearing their products towards China, Nissan is also expanding their luxury car market to China, and they are aiming for 10% of the market despite being one of the late-comers into China’s auto...
As China is driving the demand for supersizing luxury cars, more and more automakers are using Chinese tastes to drive their designs. In 2009, China emerged as the world’s largest car market due to the rising number of nouveau...
Bloomberg reports on the race among the world’s luxury car makers to bring their SUV lines to China’s nouveau riche: “Luxury cars are at the top of the consumption desires of rich Chinese,” said Giuliano Noci, vice...
The average age of a Chinese Ferrari owner is 32, fifteen years younger than his American counterpart. Danwei investigated sales at the luxury car showrooms near its Beijing offices and found, among other things, that Ferrari is...
China Daily reports that parking provision has failed to keep pace with the explosion in car ownership, driving prices for parking spaces to surreal heights: The price for a parking space has hit a record 400,000 yuan...
From AP: Minivan salesman Zhu Yi has a problem that most auto dealers elsewhere would happily swap for their own — he doesn’t have enough vehicles to satisfy customer demand. “Sales are exploding,” says Zhu, a...
From the Wall Street Journal: When it comes to Chinese data, even the most clear-cut stories aren’t as simple as they seem. Auto sales are the latest figures to draw a quizzical look. There’s no doubt they’ve...
From Reuters: In the century since Henry Ford rolled out his first Model T — the world’s first mass-produced, affordable car — in 1908, America has been the world’s No. 1 auto market. Nothing lasts...
The Shanghai Auto Show is taking on new significance this year as the Chinese car industry is providing a rare glimmer of opportunity for beleaguered American car makers. GM is planning to move factories to China, Bloomberg...
From Financial Times: China on Friday suffered its first legal defeat since joining the World Trade Organisation seven years ago, after the global trade body ruled against Beijing’s import tariffs for car parts. A WTO dispute...
From the Economic Times: China’s auto import growth has slowed down in the first five months of 2008 after a tightened control that denies refitted and stolen motor vehicles access to the country’s market, the...
China’s domestic car industry continues to grow, mostly from demand for passenger cars. From Xinhua: China’s domestic automobile sales is expected to grow by 15 percent to hit 10 million this year, backed by strong...
From Reuters via CNBC.com: General Motors Corp will need to offer small vehicles at very low prices to reach first-time car buyers in China and hit the fastest-growing segment of the industry’s biggest boom market, a...
National Geographic Channel made a documentary about the car revolution in China. In the video introduction, it says that “Cars are racing into China supercharging its economy, and delivering dreams of a better life. But China’s cars are clogging its highways and spewing out clouds of pollution. The rest of the world better watch out, […]
From Guardian Unlimited: China’s largest carmaker SAIC (Shanghai Automotive Industry Corporation) and its smaller rival Nanjing Automobile, which owns the MG Rover brand, yesterday confirmed their long-expected merger, creating a national car group that aims to rival big multinationals. Separately, Italy’s Fiat agreed to sell its 50% stake in its loss-making passenger car venture with […]
From BusinessWeek: Many marketers complain that the Chinese are not brand-loyal. Consumers in China, they moan, will latch onto a new brand one day only to discard it in favor of a competitor the next. Exasperated marketers argue that confronted with such mercenary consumption patterns, they cannot understand their core markets. While there is some […]
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