Tag: China

By on July 29, 2016

2017 Buick Encore

Buick is all about China, where the brand claims more than 5 percent market share.

Buick’s achievements in the United States, once storied, are now not nearly so impressive. Buick’s market share in America today is half what it was in 2002, after volume declined in eight of 14 years, tumbling from more than 430,000 sales 14 years ago to 223,055 last year.

This is part of the Buick story we told you yesterday. In touting record global sales as one of the planet’s fastest-growing volume brands, Buick’s General Motors parent company also made clear that the brand is achieving rapidly increased rates of sales because of the Chinese market, even though U.S. sales are declining, albeit marginally.

Following our managing editor’s press of the publish button, we almost immediately heard from Buick. (Read More…)

By on July 28, 2016

2016 Buick Envision

General Motors today fêted Buick as the planet’s fastest-growing volume automaker. Ignored in GM’s press release was the Buick brand’s declining volume in Buick’s home market.

As if we needed more evidence that North America is an increasingly unimportant component of Buick’s future plans — Buick is discontinuing the Verano, its most popular car model in the U.S. and the most popular Buick overall in Canada — GM revealed that Buick added more Chinese sales between January and June than the whole U.S. Buick division managed in toto. (Read More…)

By on July 21, 2016

BYD

As the saying goes, if you can’t sign a supply agreement with ’em, buy a part of ’em.

That’s clearly not a saying, but that’s what Samsung Electronics Company just did with Chinese electric automaker BYD, handing over $440 million deal for a 1.9 percent stake in the company. According to Bloomberg, a Samsung subsidiary was turned down by China as an approved supplier of batteries to the automaker, so the electronics giant tried another door. (Read More…)

By on July 21, 2016

2016 Veloster Turbo, Image: Hyundai

Would you be furious if you invested millions to open a dealership, only for the manufacturer to supply just one vehicle with any sort of consistency? Of course you’d be.

That’s the problem some Hyundai dealers in China are facing now, who are in the unique situation of competing with another set of Hyundai dealers in the country. That’s a tall order: the only vehicle Hyundai supplies to those dealers on a regular basis is the Veloster hatchback. Now Hyundai has a Little Problem in Big China in the form of a $135 million lawsuit.

(Read More…)

By on June 22, 2016

Trump and Clinton, Image: Image: By Donald Trump August 19, 2015 (cropped).jpg: BU Rob13Hillary Clinton by Gage Skidmore 2.jpg: Gage [GFDL or CC BY-SA 4.0], via Wikimedia Commons

As this is written in late June, the 2016 presidential race has been whittled down to two presumptive nominees from the two major political parties, and two or three more candidates that should appear on ballots nationwide. There are dozens of issues facing the public, certainly, but as The Truth About Cars is obviously an automotive-focused site, we felt discussing issues not related to the auto industry is well beyond the scope of our talents or expertise.

However, there are plenty of issues that will affect our industry, so we are establishing a discussion on the candidate’s positions on those issues. We aim to present a fair, unbiased assessment that will no doubt be shredded within the first five comments, so have at it.

(Read More…)

By on June 21, 2016

16 - 1968 Saab 96 Wagon Down On the Junkyard - Pictures courtesy of Murilee Martin

You can forget about ever buying a new car with the Saab name attached. That’s right, Swedeophiles, the name that conjures up happy memories of a quirky-but-attainable brand that hated column-mounted ignitions is officially dead.

National Electric Vehicle Sweden AB (NEVS), the Swedish holding company that bought up Saab Automobile’s assets in a 2012 bankruptcy sale, just announced it won’t sell any vehicles under the Saab name.

There won’t be a Swedish Spring after all. Not even in China. (Read More…)

By on June 8, 2016

2016 Buick Envision Front 3/4

Yesterday, we reported that the 2016 Buick Envision crossover, already on sale in the U.S. and Canada, arrived with no marketing to herald its appearance.

That may be true for the early sales period, but with more Envisions now arriving on lots, Buick says the automaker has a slow advertising ramp-up planned for the new model. (Read More…)

By on June 6, 2016

17LincolnContinental_03_HR

After entering the hot Chinese car market two years ago, Lincoln Motor Company now wants to start building its vehicles there, sources close to the matter tell Bloomberg.

Lincoln is reportedly in talks with partner Changan Automobile Group to build a manufacturing facility — which would serve as an export hub — as early as 2018. Timing of production depends on whether sales continue their upward path. (Read More…)

By on June 6, 2016

Landwind X7

When is a Range Rover Evoque not a Range Rover Evoque? When it’s a Landwind X7 — a carbon copy Chinese imitation that Jaguar Land Rover wants out of the picture.

According to a report in Reuters, the automaker recently served China’s Jiangling Motor with legal papers over their copycat crossover SUV, alleging the vehicle amounts to copyright infringement and unfair competition. (Read More…)

By on May 22, 2016

Lexus LFLC Concept, Image: Lexus

… unless you’re Chinese, in which case Japanese luxury brands are definitely designing those grilles for you.

According to Automotive News, China is poised to eclipse the United States as the number one luxury car market. To get ready for that eventuality, Japanese luxury car brands are designing their cars to cater to the tastes of affluent, young, Chinese car buyers.

(Read More…)

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