China doesn’t seem living on the same planet than us. Whereas the automobile market pains to leave the crisis, this one is in growth in China.
Hebei and Chongqing will welcome the new Hyundai’s factories
Hyundai Motor Co Company confirms the construction for 2016 and 2017 of two new factories in China. One in Changzhou (Hebei) which will begin in the 2nd quarter of 2015. The other in Chongqing will begin in the 3rd quarter. The building in Hebei province was asked by the Chinese government within the framework of this region development. Kia Motors Corps, Hyundai subsidiary also announced its intention to expand the capacity of one of his factories situated in Kiangsu which could welcome before 2016 more or less 450 000 vehicles which is 150 000 more.
100 million yuan of research funds given to Changan from the government
The government continues to support companies. The help received by Changan, an automobile company is the proof. Baolin Zhang, the president of the company affirmed add to government help for research in R&D, 30 billion yuan for the 5 next years.
New-cars plates limited in Shenzhen to control the smog
About 100 000 new vehicles licenses plates per year is in circulation in Shenzhen, last city to restrict its vehicle purchases provoking an increase of the pollution, smog. According to the publication on the police’s official microblog, the number of vehicle can be adjusted dealing with the demand and traffic’s changes to decrease the pollution. Beijing, Hangzhou, Shanghai, Guangzhou, Guiyang and Tianjin are also concerning by this problem and should follow the Shenzhen’s good resolutions.
The automobile luxury concessions in crisis
The profits of these decrease in the same way as sales for the last two years. Many concessions spokesmen make the same report and award this reduction to economic hazards and anti-corruption campaigns which especially affected Porsche’ industry, lowering abruptly their sale.
Xiaomi, the smartphone’s maker starts making smart cars
For some time on the Internet, the rumor announce the construction of smart cars by Xiaomi. Its cars under the name Misila would have a 39 999 RMB as starting price. If the rumor turns out true, Xiaomi is going to make a hit.
The SAIG-GM-WULING’s new factory ready to start in Chongqing
The General Motors joint venture opened a new factory in Chongqing city and should soon begin the construction of their vehicles. With a budget of 6.6 billion yuan, this one should bring out at least 400 000 vehicles and the same quantity of engines per year. An agreement authorizing an extension was also planned and signed with the Chongqing municipality.
In March a new competitor will enter on the midsize market
Geely Company with the exit of its new model the GC9 more luxurious than others in the range will be a big opponent on midsized market and should compete with the Hyundai Sonata and FAW-MAZDA Azteca. The GC9 is planned to make its debut in March.
Cars storage facility asked in Beijing by CADA
CADA, Chinese Automobile Dealers Association called the Pekinese government to avoid from automakers exorbitant prices against dealers concerning the cars storage. The CADA deposited in the Ministry of Industry and Information technology as well as the Ministry of Trade a report including a:
– Meeting with automakers and dealer representatives to find a solution
– Resumed by automakers of the excessive reserve of vehicles asked to the dealers
– Revision of contracts between the dealers and the automakers if more than half of dealers are loser regarding money
– Proposal of adjustment by the government of an “unequal” relation in more equal one.
CADA on its Web site, declared that a large number of car dealers lost a big quantity of money due to this problem.
Repeal of 553 000 vehicles Honda in China because of Takata airbags
Honda Two Chinese joint-ventures had repealing 553 000 of their vehicles to replace the defective Takata Group airbags. These were also made from the United States to Canada via Japan what gives to this security crisis a world impact.
China is the dreamed destination for any entrepreneur interested by the automobile market and more globally the China market. The Chinese consumers are an opportunities for any businessman. Then, if you wish or plan to set up your company in China, don’t hesitate to call our Digital marketing agency, expert in this field, Gentlemen marketing Agency, which will be pleased to help you and be at your side in this adventure.
To go farther:
- Top luxury cars in China
- Export to China
- How to penetrate Chinese Market
- The H&M success in China
- On twitter