Currently, there is only one Lexus plant outside of Japan. A Toyota factory in Cambridge, Ontario makes the Lexus RX crossover, while Toyota’s Georgetown, Kentucky plant will come online in 2015. Like other Japanese auto makers, Toyota is moving towards a localization of its production facilities, but one thing they won’t be doing is producing Lexus vehicles in China.
While two days after an avalanche killed 13 Nepalese Sherpas on Mount Everest may not be the best time to highlight a vehicle named for the peak, Ford is going ahead with introducing the Everest Concept to the Chinese market at the Beijing auto show. The seven passenger SUV, larger and more expensive than the Kuga and EcoSport crossovers already on sale there, will take the slot at the top of Ford’s utility vehicle offerings in China. The Everest was developed by Ford’s Asia-Pacific design team in Australia and it will be built in China by Jiangling Motors, one of Ford’s joint venture partners there. The Everest Concept was previously shown at last month’s Bangkok Motor Show. Read More >
In light of fears regarding the three-way deal between Dongfeng, PSA Peugeot Citroen and the French government leading toward a time where Dongfeng would take the reins of the ailing automaker, CEO Zhu Fushou assured his company would not do so.
In preparation to enter the Chinese market while battling state governments of direct sales, Tesla has hired Renault-Nissan communications director Simon Sproule to the role of vice president of communications and marketing for the EV automaker.
When the Opel Adam enters the Chinese auto market in 2015, it will do so with a Buick badge as General Motors’ first high-end city car.
Just in time for Halloween, NBC News’ China-centric news blog “Behind the Wall” is running a piece on the removal of a Chinese “Zombie car.” The car, actually a small blue van, was left in a roadside parking lot just over a year ago and has since been consumed by a voracious ivy plant. When photos of the plant covered car became an internet sensation earlier this year, the police became involved but had little luck tracing the current owner. Eventually the decision was made to impound the vehicle, but by then the vines were so thick that local authorities determined it would be easier to haul the entire mess away in one fell swoop. The end result makes an interesting photo. Read More >
Reuters is reporting that the reason behind PSA/Peugeot Citroen’s financial tie-up with China’s Dongfeng Motors was the decision of General Motors, which owns 7% of the French automaker, to scale back cooperation with Peugeot. GM also apparently rejected a PSA/Opel merger backed by the French government.
When a major EV and battery expo takes place at the same time as EV charging station maker Ecotality files for bankruptcy, it’s a good question as to how much of the EV and hybrid vehicle industry is truly sustainable and how much exists solely to chase government incentives, but there is no question that it’s a substantial industry, even if, according to the most optimistic forecasts, cars and trucks with electric drive will never make up more than a fraction of annual sales.
Geely Automobile Holdings Ltd., owned by the same Chinese company that bought Volvo Cars in 2010, announced that it will soon start developing cars jointly with the Swedish company. The cars will be intended for the Chinese and export markets and will go on sale in 2015. Geely has ambitions to be China’s largest car exporter. Working jointly with Volvo is seen as giving Geely products some of Volvo’s reputation for safety and reliability.
“We have entered into actual research and development stage and I believe we can see the new product in the year after next,” said Geely Chief Executive Officer Gui Sheng Yue yesterday in Hong Kong.
Zhejiang Geely Holding Group Co., bought Volvo from Ford for $1.8 billion and last year the two companies signed a memorandum to “leverage its full access” to technology to develop vehicles. Earlier this year, Volvo announced that it was going to build a joint R&D center with Geely in Gothenburg. Volvo has also started assembling test builds at its first factory in China, in Chengdu, which will have an annual capacity of 120,000 cars.
Volvo Cars also announced today that it has received approval from the Chinese national government to build two more factories in China. The assembly plant in Daqing, in northeast China, will have a capacity of 80,000 units a year and is hoped to be fully operational some time next year. The facility in Zhangjiakou will be an engine plant and it will supply the Chengdu assembly operation where actual production will begin in Q4 2013. The two assembly plants are not expected to reach capacity for a few years.