Posts Tagged ‘Chinese automakers’

China’s Chery Hopes to Exeed European Expectations

New SUV aimed at cracking into Euro market; offers hint of U.S. plans.

by on Sep.13, 2017

Chery is hoping its Exeed might lead it to be the first Chinese maker to find success outside of China.

China is now the world’s largest automotive market yet, on a global scale, domestic Chinese manufacturers are insignificant players. They’ve nudged into Brazil and a few other third-world markets, but they are all but invisible in Europe and entirely absent from the U.S.

But that could soon change. After years of touting plans, several Chinese automakers are making critical breakout moves, as Chery is demonstrating at this week’s Frankfurt Motor Show. There it has rolled out two models that it hopes will anchor its global push.

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They include the Tiggo Coupe and Exeed TX SUV. The coupe crossover is meant to suggest that the state-owned manufacturer can stand up to the best European manufacturers when it comes to pushing the design envelope. Though clearly more conventional, the Exeed shows what Chery is ready to deliver Europeans right now. (more…)

China’s BYD Again Outlines Plans to Enter U.S. Market

But it - and other Chinese makers - could hit the great wall of Trump.

by on Jan.19, 2017

The BYD F3 could be one of the first products the Chinese maker brings to the U.S.

Even with an incoming president threatening to erect stiff trade barriers on automotive products, China’s BYD says it wants to start selling automobiles in the U.S. market within two to three years.

Though it already has an American corporate office near downtown Los Angeles, the battery-electric automaker has repeatedly delayed its entry into the U.S. But with their home market expected to continue slowing after a weak 2016, a growing number of Chinese makers are looking at the U.S. as a source of growth. Guangzhou-based GAC Motor outlined its own plans during the North American International Auto Show in Detroit last week.

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Saying its product plans could be “adjusted” to American needs, Li Yunfei, deputy general manager of BYD Co Ltd., said during a Beijing event that it wants to enter the U.S. in “roughly two to three years.” (more…)

Chinese Officials Express Concern over Indigenous Brands

Government pushing companies to develop technologies.

by on Oct.21, 2014

China's indigenous automakers are struggling to keep up with companies like Volkswagen, General Motors and others in its own market.

China is the world’s largest and fastest growing automotive market in the world, but the focus of the biggest Chinese policy makers, pundits and executives now is the well-being or fate of the country’s indigenous brands.

Some companies, such as Geely, are doing fine and governmental agencies, particularly local governments with a stake in the so-called state-owned enterprises, or SOEs, are doing what they can to assist the homegrown, according to information presented during the course of the two-day Global Automotive Forum, which was held last week in Wuhan, China.

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China is clearly willing to use subsidies for energy-efficient vehicles, rationed parking stickers and anti-trust enforcement to help bolster the indigenous brands, which have have steadily lost marketshare during the past 18 months. In addition, a new study by the Boston Consulting Group found the more than 80% of the Chinese consumers who expect to buy a car soon prefer foreign brands. (more…)

China’s Largest Automaker Opens Detroit Office

Could SAIC eventually target U.S. market?

by on Jul.02, 2012

Chinese automaker SAIC opens a new outpost in the Detroit suburbs.

China’s largest automaker has opened a new outpost in the Detroit suburbs to build closer ties with one of its principal partners, General Motors  – as well as some of the other North American automakers and suppliers.

Shanghai Automotive Industries Corporation USA Inc. expects to have 100 employees in its new operations center in Birmingham, Michigan, one of Detroit’s principal suburbs.  What that means in the long-term, especially with the Chinese expected to eventually target the American market, remains an unanswered question.

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Cooperation between U.S. and Chinese automotive companies is increasingly important in the new global automotive marketplace, SAIC Motor Chairman Maoyuan Hu said in a statement Friday.

Maoyuan said the opening of the new North American Operations Center in Birmingham marks an important step in creating a stronger ties between the US and Chinese automotive industries. With the increasing importance of cooperation between the major global automotive markets, this move by SAIC to strengthen its US presence is significant, he said.


Dongfeng Honda Starts Production of New Spirior

Total Honda production capacity in China, the world's largest auto market, is now more than 600,000 vehicles.

by on Aug.19, 2009


The mid-size car is essentially the same as an European Accord or an American Acura TSX model.

Dongfeng Honda Automobile Co., Ltd. has expanded its capacity by 80,000 units annually with the start of production of the Spirior this week. The joint-venture of Honda in China held an “off-line” ceremony at its automobile production plant in Wuhan, Hubei Province. The Spirior is scheduled to go on sale next month in China.

The mid-size car is essentially the same as the European Accord or American Acura TSX with the V6 removed and a 2.4-liter i-VTEC four-cylinder engine substituted. (China has tougher fuel economy standards than the U.S. in an attempt to decrease oil imports.)

Spirior is positioned as a “premium sporty sedan, according to Dongfeng. The name, if my limited Chinese translation skills are close, appears to be a combination of “spirit” and “superior,” thereby confirming that automotive marketers continue to mangle whatever language they are working over.

Dongfeng Honda has been producing CR-V models since April 2004, and Civic models since 2006. The company’s sales are growing — 109,000 units for the first seven months of 2009, up 10.5% compared to the same period a year ago. The Chinese market is now the world’s largest. Chinese industrial policy requires all auto companies to form joint ventures with local auto companies so jobs are created and profits remain in the country.

To make way for the  Spirior, Dongfeng upped its annual production capacity in Wuhan from 120,000 units to 200,000 units. With this expansion, Honda’s total annual automobile production capacity in China is 610,000 units, including 360,000 units for Guangqi Honda and 50,000 units for Honda Automobile (China), which produces automobiles exclusively for export. About 4,000 jobs have been created.

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