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Home >> Gov't Regulation
  China targets 35 million annual vehicle sales by 2025
Reuters | 2017/4/28

SHANGHAI -- China is targeting annual sales of 35 million vehicles by 2025 and wants electric vehicles and plug-in hybrids to make up at least one-fifth of that total.  The Ministry of Industry and Information Technology published a market road map that predicts China's urbanization drive would boost annual vehicle sales 25 percent from last year's total.
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  China signals it may loosen JV ownership limits on foreign automakers
Bloomberg | 2017/4/28

BEIJING   -- China has provided the clearest indication to date that it plans to lift the cap on how much foreign carmakers can own of their local joint ventures.  The government's goal is to pressure Chinese automakers to speed the building of their own brands.
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  Exotics rebound as China's rich consumers snub Xi's austerity drive
Bloomberg | 2017/4/21

SHANGHAI -- Four years after China's President Xi Jinping started cracking down on corruption and conspicuous consumption, the most extravagant fast cars are making a comeback.  Chinese sales at Ferrari and Aston Martin are approaching their 2013 peaks, following tumbles of as much as 20 percent in 2014, according to data compiled by Bloomberg Intelligence.

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  SAIC puts U.S. ambitions on hold amid Trump uncertainty
Bloomberg | 2017/4/21

SAIC Motor Corp., China's biggest automaker, has delayed plans to export vehicles to the United States because of uncertainties about President Donald Trump's trade policies, even as another state-owned rival stays on track to enter the market.

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  China to allow multibrand stores to boost dealers' competitiveness
Reuters | 2017/4/18

BEIJING -- China will allow car dealers to sell brands from multiple manufacturers under new rules that go into effect on July 1, commerce ministry officials said, aiming to boost retailers' competitiveness as economic growth slows.  The rules, largely unchanged from a draft issued in January 2016, forbid manufacturers from signing deals that prevent dealers from selling other brands of cars or parts, among a wide variety of protections for dealers and consumers.
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  China may roll back EV quotas as industry pushes back
Reuters | 2017/3/14

BEIJING  -- China may ease proposed quotas aimed at producing more electric vehicles as Beijing gets pushback from the auto industry over the scale and pace of the plans.  The proposed changes would delay the target date when electric cars and plug-in hybrids must account for at least 8 percent of an automaker's sales.  Under the proposed changes, automakers would have to attain that target in 2019, two auto executives said. 
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  Geely calls on China to relax mapping rules to spur rollout of autonomous cars
Reuters | 2017/3/3

BEIJING -- Geely called on the government to loosen strict controls on mapping, saying current rules in place for national security reasons risk inhibiting the development of self-driving vehicles.   Li Shufu, chairman of Geely's listed unit and controlling group, told reporters in Beijing on Thursday he has submitted a policy proposal to "prudently" liberalize mapping rules without endangering national security. Li made his proposal during the session of the China People's Political Consultative Conference, which advises parliament.
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  Beijing confirms plans to raise tax on small cars in 2017
Automotive News China | 2016/12/20

China's government confirmed media reports that it will raise the purchase tax on small vehicles next month, with the increase to be phased in over the next year.  Vehicles with engine sizes up to 1.6 liters currently carry a 5 percent purchase tax. That will be increased to 7.5 percent next year and 10 percent in 2018, according to an announcement by the Ministry of Finance.
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  GM price-fixing probe signals Beijing's ire at Trump
Reuters | 2016/12/20

BEIJING -- China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations between the two nations.  Trump's assertion that the United States need not be bound by the policy that Taiwan is part of "one China" would erode a bedrock of U.S.-China ties that has underpinned the vast increase in trade and cooperation between what are now the world's two largest economies.
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Beijing should let state-owned automakers sink or swim
Yang Jian | 2016/12/16

SHANGHAI -- When China joined the World Trade Organization 15 years ago, it had two big goals: attract foreign investment and help domestic companies gain access to foreign technology.  China's auto industry attracted plenty of investment, but domestic automakers never got the technology. Now Beijing is giving up the fight.  Last week, the government announced that foreign automakers can produce electric vehicles and batteries in China without sharing technology with their Chinese partners.  Pictured: Yang Jian is managing editor of  Automotive News China.
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LeEco, on a short leash, may ditch EV project in U.S.

Geely to buy stakes in Malaysia's Proton, U.K. automaker Lotus

Ford names new China CEO as Schoch retires

Germany reports progress with China over EV quotas

Faraday Future plans to raise $1 billion in new funding as chief backer struggles

Investors bet against Great Wall's growth plans

Continental supplies control system for Great Wall gearbox

Mahle to produce air conditioner compressors in Changshu

Uber better watch out -- China's Didi is coming

Audi resolves distribution dispute with dealers

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