The Carlovers Magazine |
- VW’s SEAT Unit to Exhibit at Shanghai Auto Show
- Suzuki Aims to Double Cumulative Sales in India by 2018
- Car Sales in India Set Monthly Record
- Vehicle Sales Surge 80% in Russia
- Growth of New Car Sales Cools in China
- China Key to Audi’s Growth Plans
- Sealing Partners Extend Cooperation to Thailand, Poland
- Great Wall Urges Government to Buy More Chinese-Brand Vehicles
- Mitsubishi Electric Plans Second China Plant
- Chinese Partners to Expand Michigan Tech Center
VW’s SEAT Unit to Exhibit at Shanghai Auto Show Posted: Volkswagen AG, which plans to introduce its SEAT low-cost brand in China next year, will exhibit several of the unit's vehicles at the Shanghai auto show in April. The Spanish marque plans to initially export vehicles from its Martorell plant near Barcelona. It will begin building SEAT-badged vehicles in China in 2013 at a new assembly [...] |
Suzuki Aims to Double Cumulative Sales in India by 2018 Posted: Maruti Suzuki India Ltd. expects to produce its 10 millionth vehicle this week, 27 years after rolling out its first M800 small car. Chairman R C Bhargava tells The Economic Times it will take no more than seven years to build the next 10 million units. Maruti Suzuki, which is controlled by Suzuki Motor Corp., accounts [...] |
Car Sales in India Set Monthly Record Posted: Sales of passenger vehicles in India surged to a record 189,000 units last month, up 23% from February 2010, according to the Society of Indian Automobile Manufacturers. The previous record was set in January, when sales climbed 26% year over year to 184,300 units. Sales of commercial vehicles last month rose 10% year over year to [...] |
Vehicle Sales Surge 80% in Russia Posted: A government extension of sales incentives pushed demand for new cars and light commercial vehicles in Russia to 165,500 units last month from 91,900 in February 2010, according to the Assn. of European Businesses. Sales were 77% above year-earlier levels through the first two months of 2011. AEB predicts full-year volume will reach 2.24 million vehicles [...] |
Growth of New Car Sales Cools in China Posted: Passenger vehicle sales in China totaled 967,200 units in February, up 3% from the same period a year earlier, says the China Assn. of Automobile Manufacturers. It was the smallest increase in two years. CAAM's report of wholesale volume differs from retail sales figures released a few days earlier by the China Passenger Car Assn., which [...] |
China Key to Audi’s Growth Plans Posted: Volkswagen AG's Audi unit is looking for more capacity in China to help it maintain its position as the country's best-selling luxury brand. Last year Audi's sales in China surged 43% to a record 227,900 passenger vehicles—only 1,200 units less than it sold in Germany, its largest national market. Audi's plant in Changchun is already running [...] |
Sealing Partners Extend Cooperation to Thailand, Poland Posted: Novi, Mich.-based Cooper Standard Automotive Inc. and Japan's Nishikawa Rubber Co., which have partnered on automotive sealing systems in North America for more than a decade, plan to extend their alliance into Thailand and Poland by year-end. Cooper Standard intends to buy a 20% stake in the Japanese company's Thai business. The Hiroshima-based supplier will acquire [...] |
Great Wall Urges Government to Buy More Chinese-Brand Vehicles Posted: Government agencies in China should help boost consumer confidence in Chinese-brand cars by buying more of them for their fleets, declares Wang Fengying, general manager of Great Wall Motor Co. Great Wall, best known in China for its trucks and SUVs, says it is spending 3 billion yuan ($456 million) over the next five years to [...] |
Mitsubishi Electric Plans Second China Plant Posted: Mitsubishi Electric Corp. is investing 2.5 billion yen ($31 million) to open a new automotive electronics plant in Changshu, China, in April 2012. The company opened its first factory in China in 2002 in Changzhou. Both facilities are located in the eastern province of Jiangsu. Mitsubishi Electric says the new plant will help it more than [...] |
Chinese Partners to Expand Michigan Tech Center Posted: China Auto Parts & Accessories Corp. (CAPAC) and Summitech Engineering Inc. are spending $10 million to expand a technical center they opened in Canton, Mich., in 2007. The companies expect to double the facility's workforce to 200 engineers by September. Summitech, part of China's Tempo International Group Ltd., designs, engineers and develops chassis components and systems. [...] |
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