CHINA: GM increases low-cost car capability
General Motors China has opened a second plant to build its low-cost Baojun brand models. The plant in the southern city of Liuzhou will have a 400,000 annual capacity and sell cars costing from CNY40,000 (US$6,400).
Analysts estimate that next year there will be more than 65m households in China with an annual income of more than CNY60,000, the level at which they have sufficient money to buy an entry-level car.
Nissan has already said that it plans to be selling 300,000 of its low-cost Venucia brand cars in China by 2015.
GM’s new plant, which it operates with partner SAIC GM Wuling Automobile, is also expected to build cars for the partners’ other low-cost brand Wuling.
I wouldn't have thought that, with the current state of play in the European auto industry, there'd be too much niggle in the union ranks. But we've reported on a bit this week....
This Case Study examines the factors that led to US auto giant GM's bankruptcy in 2009, describes its rescue plan, and assesses its effectiveness....
What are Opel's 3,000 odd workers at its Bochum plant in the heavily-industrialised region of North-Rhine Westphalia (NRW) thinking today?...
Business Monitor International's Egypt Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independen...
Opel's main union at its Bochum factory in Germany appears resigned to the fact the site will close at the end of next year and is citing an unconfirmed compensation figure of EUR100,000 (US$129,000) ...
Business Monitor International's South Korea Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with inde...
A new Magneti Marelli Automotive Lighting plant has been opened in Foshan, Guangdong province, in southern China....
Business Monitor International's Australia Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with indepe...
- INTERVIEW: Ford of Europe's chief, Stephen Odell
- Jaguar Land Rover's lightweight future
- GENEVA WRAP: Europe still struggles, future bright
- THE WEEK THAT WAS: iOS (and Android) in the car
- INTERVIEW: Ford UK fleet director, Phil Hollins
- 'One Ford' has kept us alive in Europe
- EXCLUSIVE: Renault axes another EV
- GENEVA: Jaguar names 'small' saloon XE
- Ukraine crisis sparks Russia 'downward pressures'
- GENEVA: Apple launches car iOS
- Tesla: The Californian start-up that made head way on the automotive giants
- Dacia: The no frills automotive brand, that is becoming a serious world contender
- China’s One-Child Policy is Shaping a New Automotive Landscape
- PLDB - vehicle cycle plan database (annual subscription)
- Global light vehicle HVAC market 2008 to 2028