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  VW Group sales advance in June behind VW brand volume
Automotive News China | 2017/7/25

Volkswagen Group¡¯s various brands delivered 315,300 vehicles in China last month, an increase of 5.2 percent year on year as healthy demand for VW brand models made up for weaker Audi and Skoda volume.  In the first six months, VW Group¡¯s China deliveries declined 10 percent to 1.83 million vehicles.
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  Great Wall warns incentives will dent first-half profits
Automotive News China | 2017/7/25

Great Wall Motor Co., China¡¯s largest manufacturer of SUVs and crossovers, estimates that net profits plummeted 49 percent year on year to 2.5 billion yuan ($379 million) in the first six months of the year.  The company attributed the decline in earnings to sales promotions that significantly squeezed profit margins on many products. 
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  Jaguar Land Rover begins output at first overseas engine plant
Reuters | 2017/7/25

 Jaguar Land Rover has opened its first overseas engine plant, picking China for the investment.  Britain's biggest carmaker, which already operates an assembly plant in China through its partnership with Chery Automobile Co., said the new factory is part of a 10.9 billion yuan ($1.6 billion) investment. 
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  SAIC-GM-Wuling joint venture launches first Baojun EV
Automotive News China | 2017/7/25

SAIC-GM-Wuling launched sales of its first Baojun electric car -- the E100, which is aimed at entry-level buyers. The car is priced as low as 35,800 yuan ($5,300), after national and local subsidies.  The E100 will be initially marketed as a low-volume niche vehicle.
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  China, U.S. clash over excess steel capacity
Reuters | 2017/7/25

China, seeking a more positive spin on recent U.S.-China economic talks that were viewed as ending in discord, said the two sides agreed to "active and effective measures" to reduce excess steel production capacity.
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  GM taps veteran manager Devereux for senior post at SAIC-Wuling venture
Automotive News China | 2017/7/25

General Motors appointed veteran manager Mike Devereux to executive vice president of SAIC-GM-Wuling Automobile Co.  Devereux will succeed the joint venture¡¯s current executive vice president, Gustavo Cespedes, who will return to GM Mexico.  The appointment takes effect Aug. 1.
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  Valeo's sales surge in first half
Automotive News China | 2017/7/25

French supplier Valeo SA's sales to auto manufacturers in China topped 1.1 billion euros (8.5 billion yuan) in the first six months of the year, an increase of 24 percent from a year earlier.  The company said it enjoyed strong sales to Chinese automakers, which represented 39 percent of Valeo¡¯s orders in the country. 
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  Toyota plans EV output in China as early as 2019, report says
Reuters | 2017/7/24

TOKYO -- Toyota Motor Corp. is expected to begin mass production of electric vehicles in China as early as 2019, the Asahi Shimbun daily reported. The model will be based on the C-HR subcompact crossover and manufactured for the Chinese market only, the newspaper said, without citing sources.
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As EV quotas loom, automakers poised to buy carbon credits
Yang Jian | 2017/7/21

SHANGHAI -- Beijing is determined to impose quotas on electric vehicle output for automakers via a carbon credit trading program next year -- whether or not the industry is ready for it.  What will automakers do if they cannot ramp up production of EVs as quickly as required? Well, they can buy carbon credits from Chinese EV makers.   And that seems to be the strategy that many automakers -- both foreign and Chinese -- are likely to adopt.  Pictured: Yang Jian is managing editor of  Automotive  News China.
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  Porsche deliveries jump in first 6 months behind 2 crossovers
Automotive News China | 2017/7/21

Porsche's China sales rose 18 percent to 35,864 vehicles in the first six months as the company continued to gain share in its largest market.  For the same period, industry sales of light vehicles in China rose only 1.6 percent. Porsche has enjoyed strong demand for the Cayenne and Macan crossover models.
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As EV quotas loom, automakers poised to buy carbon credits

Porsche deliveries jump in first 6 months behind 2 crossovers

Volvo to take stake in Lynk & CO

Baidu taps Microsoft to design self-driving cars

Audi ad, comparing wife to a used car, gets cool reception

Faurecia buys stake in Chinese infotainment supplier

Daimler, Chery resolve EV trademark dispute

Faraday hires veteran BMW exec to guide turnaround

China, U.S. fail to agree on key trade issues

BMW June deliveries rise as small models thrive

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