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Hybrids are poised to shine in China's car market
Yang Jian | 2017/2/24

SHANGHAI -- Hybrid vehicles, which have so far been excluded from the Chinese government's subsidy program for green vehicles, surpassed electric vehicles in monthly sales in January for the first time.  With automakers scrambling to meet Beijing's tougher fuel economy requirements, hybrids are poised to continue healthy sales gains.  Pictured: Yang Jian is managing editor of Automotive News China.
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  Great Wall aims to boost annual sales to 2 million crossovers, SUVs by 2020
Automotive News China | 2017/2/24

Great Wall Motor Co., China's largest manufacturer of crossovers and SUVs, aims to sell 2 million crossovers and SUVs a year by 2020, more than doubling the company's 2016 volume.  The target was disclosed by Great Wall's founder and chairman, Wei Jianjun, at a company event in the north China city of Baoding to celebrate the growth of the Haval brand.
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  GM's Baojun introduces second crossover
Automotive News China | 2017/2/24

SHENZHEN -- SAIC-GM-Wuling Automobile Co., General Motors' light-vehicle joint venture, started selling its second crossover, the Baojun 510, to meet robust demand for small crossovers.  The vehicle, with a starting price of 54,800 yuan ($7,965), targets young first-time buyers in China, GM said.
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  Ford's car joint venture launches output in Harbin, report says
Automotive News China | 2017/2/24

Changan Ford Automobile Co., Ford's passenger vehicle joint venture with Chongqing Changan Automobile Co., has started production in the northeast China city of Harbin, according to a Chinese media report.  The Harbin plant can build up to 200,000 vehicles a year, reported Internet Info Agency, a Beijing website.
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  Dealership stockpiles surge in January due to weak sales, holiday
Automotive News China | 2017/2/24

The average days supply of vehicles at dealerships in China jumped to 48 days in January, from 25 days the previous month, the China Automobile Dealers Association said.  The association blamed the surge in dealership stockpiles on weak sales caused by higher sales taxes on small vehicles and fewer working days last month.
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  Valeo's China sales rise on demand from domestic brands
Automotive News China | 2017/2/24

Valeo SA's sales to automakers in China advanced 22 percent year on year to 1.76 billion euros (12.76 billion yuan) in 2016.  Behind the robust sales growth was demand from domestic brands, which outperformed China's light-vehicle market, Valeo said.  In 2016, China's domestic automakers accounted for 42 percent of Valeo's revenue in China. 
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  Trade panel rules imported Chinese truck, bus tires don't harm U.S. industry
Reuters | 2017/2/24

WASHINGTON -- The U.S. International Trade Commission said subsidized bus and truck tires imported from China have not damaged the U.S. industry, and as a result it would not issue anti-dumping and countervailing duty orders on such products.  The negative ruling released Wednesday represented a rare outcome for the panel, which said in a statement that three of five panel members who voted came out against the damage determination.  
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  Audi dealers demand 28 billion yuan to cover sales losses
Bloomberg | 2017/2/21

Audi dealers in China are demanding 28 billion yuan ($4 billion) to cover losses that they blame on the company adding too many distributors, potentially worsening a sales decline that saw BMW and Mercedes-Benz overtake the luxury brand last month.  The dealers, meeting in Sanya on the island of Hainan, issued a statement saying their newly formed group would oppose Audi's planned formation of a joint venture with SAIC Motor Corp.

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  VW group sales fall 14% in January as Audi dealers rebel
Automotive News China | 2017/2/21

Volkswagen Group said sales of its various brands in China fell 14 percent year on year to 344,000 vehicles in January, as angry Audi dealers protested the brand's proposal to create a second sales network.  Audi deliveries plunged 35 percent to 35,181 vehicles after its dealers "planned a restrained business volume at the start of the year," according to Volkswagen. 
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  Geely seeks stake, partnership with Malaysia's Proton, report says
Reuters | 2017/2/21

Chinese automaker Zhejiang Geely Holding Group is expected to bid as early as this week for a strategic partnership with struggling Malaysian carmaker Proton Holdings, two people familiar with the bidding process told Reuters.  As part of its pitch following discussions with Proton's owner, Malaysian conglomerate DRB-Hicom, Hangzhou-based Geely, which owns Sweden's Volvo Car Group, is expected to offer Proton some of the latest vehicle technologies it has developed with Volvo's input.
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TOP 10 HEADLINES
OF THE LAST WEEK
How sour dealer relations wreaked havoc on Audi's China sales

Mercedes, BMW top Audi in January sales

Hyundai deliveries climb 6.4%, outperform the market

Skoda sales in China decline 4.3% in January

GM unveils nine-speed automatic gearbox in China

Former Volvo China CEO joins EV maker

Chinese suppliers invest in U.S. component makers

Ningbo Jifeng Auto Parts to buy stake in German interior trim supplier

Light-vehicle deliveries dip in January

China sales of EVs, plug-in hybrids plunge 74% in January

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