Following a series of management reshuffles and a slow start in the world’s largest market, Dongfeng Peugeot-Citroen Automobile’s sales in China barely made it past the half-way mark of their 2017 target, resulting in substantial losses for the joint venture carmaker. Dongfeng Peugeot-Citroen saw a loss of 30 billion euros ($36.94 billion) last year, despite… Continue reading Dongfeng Peugeot-Citroen sales stall on brand confusion
Author: China Daily Online News
Dongfeng Honda pauses deliveries
Workers check cars at a Dongfeng Honda production line in Wuhan, Hubei province. [Photo provided to China Daily] Suspension comes amid reported problems with lubricant levels in CR-V and Civic models, Hao Yan reports. Dongfeng Honda Automobile late last week acted to immediately halt deliveries of its turbocharged 2018 CR-V and Civic models, in the… Continue reading Dongfeng Honda pauses deliveries
Geely plans to manufacture flying cars
A flying car named the TF-X lands at Lawrence Municipal Airport, Massachusetts. [Photo/China Daily] For Zhejiang Geely Holding Group, even the sky is no limit to its ambition, literally. The Chinese carmaker, which made headlines last week by becoming the largest shareholder in Mercedes-Benz owner Daimler, is to produce flying cars in China. A Geely… Continue reading Geely plans to manufacture flying cars
China boosts BMW Group sales in January to hit new record
A BMW i3 is displayed at the Paris Motor Show in Paris, Sept 29, 2016. [Photo/VCG] BERLIN – German carmaker BMW Group reported on Tuesday that its sales in January have hit a new record, with significant contribution from Chinese market. A total of 169,538 customers worldwide took delivery of a BMW, MINI or Rolls-Royce… Continue reading China boosts BMW Group sales in January to hit new record
Geely to build NEV production base in E China
Lynk & Co, Geely Auto Group’s new car brand, launches in China on Nov 29, 2017. [Photo provided to chinadaily.com.cn] HANGZHOU – Zhejiang Geely Holding Group will set up a complex for new energy vehicles (NEV) at a cost of more than $5 billion in East China’s Zhejiang province. The auto maker on Sunday signed… Continue reading Geely to build NEV production base in E China
German car production stalled as union calls more 24 hour strikes
Workers attend a 24-hour strike by German industrial trade union IG Metall in Berlin, German. [Photo/Agencies] FRANKFURT – Car factories across Germany were at a standstill on Friday as industrial workers staged a third day of 24-hour strikes, focusing on plants owned by Mercedes-Benz, Porsche, Audi and BMW. The full-day walkouts were union IG Metall’s… Continue reading German car production stalled as union calls more 24 hour strikes
Dongfeng Yulon moves into high gear, by rebranding
Dongfeng Yulon’s Luxgen models are displayed at an auto show in Changchun, Jilin province. [Photo/China Daily] Dongfeng Yulon Motor Co, a joint venture between the Chinese mainland’s Dongfeng Motor Corp and Taiwan’s Yulon Motor, is re-positioning itself in an attempt to rev up its performance in the competitive Chinese market. Jack Hsin-fa Wu, general manger… Continue reading Dongfeng Yulon moves into high gear, by rebranding
Partnerships galore for new energy vehicles
China’s BAIC BJEV granted certificate to enter EU market
Didi Chuxing aims to be smart transportation provider
Cheng Wei, founder and CEO of Didi Chuxing, gave a speech at a smart transportation summit held in Beijing on Jan 25, 2018. [Photo provided to chinadaily.com.cn] Chinese ride-hailing juggernaut Didi Chuxing is now targeting AI and smart transportation innovation, as part of its broader efforts to build a comprehensive mobility platform as well as… Continue reading Didi Chuxing aims to be smart transportation provider