Audi’s global deliveries were “clearly lower” than in January, Audi’s CEO Rupert Stadler told Reuters reporter Andreas Cremer in Geneva. Audi’s global sales were up 16.3 percent in January. There won’t be a minus said Stadler, even while fighting the lunar calendar, Audi will report a single digit plus.
Audi’s numbers won’t be the only ones that won’t look as good as the month before.
At the Geneva auto show, the long awaited Chinese attack on the embattled European auto market will finally get started in earnest – with the help of German and Austrian engineers, and money from Israel. Qoros is a joint venture partnership between China’s Chery and the Israel Corporation. Qoros wants to be to Chery what Lexus is to Toyota and Acura to Honda. It also wants to be the key that unlocks foreign volume markets. Read More >
Not Dongfeng, but China’s Geely currently looks best positioned to profit from U.S. government largesse by buying beleaguered and DOE-funded plug-in car maker Fisker, Reuters reports. According to the report, “Zhejiang Geely Holding Group is favored to secure a majority stake in troubled U.S. electric car maker Fisker Automotive, according to two sources familiar with Fisker’s search for a strategic investor or partner.”
Also according to the report, red flags are sure to flutter over Fisker’s HQ in Anaheim, as Fisker “is currently weighing bids from two Chinese auto makers: Geely, the owner of Sweden’s Volvo, and state-owned Dongfeng Motor Group Co.” Read More >
BAIC and Daimler announced last Friday they are taking the Beijing-Benz joint venture a giant step further. Daimler takes a 12 percent stake in BAIC and both parties will work closely together to win market share from Audi and BMW. On the ‘grass roots level’ the close cooperation has long begun! Above, a Beijing Auto E-Series with a Mercedes-Benz grille. How did that happen? Read More >
This is the fantastic Shanghai SH761 parade car from the Shanghai Car Museum in Shanghai. It was made in 1970 and was used to show high ranking foreign visitors to the masses. The visiting dignitary would sit rather uncomfortably on a hydraulically lifted rear bench in the back of the vehicle. The ‘royal seat’ was so high that the curious populace could see all, down to the buttocks. The visitor was supposed to wave his hand and smile to the adoring masses… Read More >
China is the land where you have a choice of two kinds of Red Bull, both equally fake. The Austrian maker of the stuff has been in court for years, did win, and still can’t sell the original stuff in China, because the other party appealed. Now, Jaguar Land Rover is faced with starting its own arduous battle against the fakers: There is an energy drink called “Land Rover.” Read More >
I found this perfect Hongqi CA770 state limousine at the Shanghai Car Museum, and it is definitely one of the best looking examples I have seen in China so far. The Hongqi (Red Flag) CA770 was a giant sedan made exclusively for the Chinese government. Only 847 cars were produced in its long life from 1966 until 1981. Here is its story … Read More >
Buried In the depths of General Motor’s quarterly results is a routine litany of negative factors that could severely hamper the company’s future. One of them is “Significant changes in economic, political and market conditions in China.” GM intently monitors what is happening to Japanese brands in China, and it has more reason to watch with worries than with glee. What is happening to Toyota, Honda, and Nissan right now could just as easily happen to GM. The Japanese might shake off the troubles – Japanese makers have seen worse in the very recent past. GM would be brought to its knees by a boycott of American cars in China. Quite possibly, one of the reasons behind the whole anti-Japanese exercise is to say “look what could happen to you.” Government Motors finds itself at the mercy of China. Read More >
Now back to China. You can discover the Top 280 best-selling locally produced models below the jump and you will see that the impact of the island diplomatic row between China and Japan is extremely hard on the model ranking in China…
We have followed the effects of the Chinese boycott of Japanese products with great interest, especially when it came to cars. Encouraged by very strong sales of German brands, we declared them the winner of the war of words. It looks like we may have made a mistake. At least if we can trust official Chinese statistics. Read More >