Jan. 1--31, 2009 NO
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Jan. 1--31, 2009 NO. 122 chinadaily.com.cn All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of chinadaily.com.cn. AAUTUTOCHINOCHINAA CONTENTS OVERSEAS BULLETIN Yulon may team up with Geely to sell cheap cars.................................................................................................... 1 GM uses Chinese success to reinvent LaCrosse .................................................................................................... 1 Chrysler stops making 300C, Sebring in China ........................................................................................................ 1 Miles Automotive aims big with China outsourcing .................................................................................................. 1 Neoplan wins lawsuit over design rip-off ................................................................................................................. 2 NEW MODELS Brilliance launches 2 new sedan models ................................................................................................................ 3 New Mini Cooper convertible to make China debut ................................................................................................. 3 Youngman Auto to roll out all-new SUV ................................................................................................................... 3 Sinotruk launches HOWO-A7 heavy truck ............................................................................................................... 3 Porsche Panamera to make world debut in China ................................................................................................... 3 Dongfeng Peugeot to add 4 new models by 2010 ................................................................................................... 4 Hafei Saibao electric car to sell in US ..................................................................................................................... 4 Dongfeng to launch 2 new sedan models ................................................................................................................ 4 Great Wall Motor to launch 10 new vehicles in 2009 ................................................................................................. 4 Jianghuai to roll out 2 all-new car models ................................................................................................................ 5 Hyundai’s new limo to reach China ....................................................................................................................... 5 Lexus GS450h hybrid sedan comes to China .......................................................................................................... 5 New BMW Z4 to go on sale in China ........................................................................................................................ 5 ’09 Roewe 750 sedan to go on sale in February ................................................................................................... 6 PRICE & SALES Car buyers waiting for proposed tax cut ................................................................................................................... 7 Lack of financing puts majority of dealers in red ...................................................................................................... 7 China’s auto prices continue to fall in Dec 2008 ..................................................................................................... 7 FAW-Volkswagen abandons direct selling ............................................................................................................. 8 Auto sales incentives warm up car market............................................................................................................... 8 AUTO EVENTS Dongfeng Motor sets up Wuhan plant ..................................................................................................................... 9 AVIC invests in Liuzhou special vehicle maker ........................................................................................................ 9 Geely aims to drive up sales by 25% in 2009 .......................................................................................................... 9 Chery holds high hopes for US market .................................................................................................................... 9 SAIC injects $19.69m into Ssangyong Motor...........................................................................................................10 Beiqi Foton, Daimler to form $929m truck JV...........................................................................................................10 Changan Auto has new president ...........................................................................................................................10 Beijing Hyundai says no slowdown in production ...................................................................................................10 BYD to sell expensive cars in US ...........................................................................................................................10 SAIC-GM-Wuling to sell 700,000 vehicles in 2009 ...................................................................................................11 Chery to add 3 new brands .....................................................................................................................................11 Brilliance focuses on growth in China, Europe ........................................................................................................12 chinadaily.com.cnchinadaily.com.cn Jan.01-Jan.31,2009 CONTENTS AAUTUTOCHINOCHINAA Beijing Auto in talks to buy Chery technologies ......................................................................................................12 Dongfeng Honda aims to sell more in 2009 ............................................................................................................12 Dongfeng, Nissan invest more in Zhengzhou plant .................................................................................................12 Brilliance delays auto exports to US.......................................................................................................................13 SAIC not fazed by Ssangyong imbroglio ................................................................................................................13 Changan launches cars in Malaysia.......................................................................................................................13 AVIC to form auto firm .............................................................................................................................................14 Lifan to sell autos in Manila .....................................................................................................................................14 BYD may license electric vehicle battery to other firms ..........................................................................................14 Dongfeng cuts 2009 sales target ............................................................................................................................14 BMW Brilliance starts capacity expansion..............................................................................................................14 Changan Auto warns of big fall in ’08 net profit ......................................................................................................15 China’s CIMC plans $59m truck venture ................................................................................................................15 PARTS & COMPONENTS Delphi China plant to stop operation .......................................................................................................................16 Perkins Engines starts production at Wuxi plant .....................................................................................................16 Tire makers cut expansion plans as market slows .................................................................................................16 FAW-Volkswagen to use China-made DSG ...........................................................................................................16 SKF to supply Fuwa with trailer axle seals ..............................................................................................................17 R&D investment to help parts makers tide over crisis ............................................................................................17 China produces 350 million auto tires in 2008 .........................................................................................................17 WABCO releases new AMT in China......................................................................................................................18 Argentina puts anti-dumping duty on China parts ....................................................................................................18 Ford to set up auto sales company in Jiangsu .......................................................................................................18 Dongfeng, Freescale team up in auto electronics ..................................................................................................18