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Management2.0 China Auto Monthly Report – Feb 2009 China Auto Monthly Report is a monthly English review co- operated by Chinadaily.com.cn and ResearchInChina.com. It features the latest events, statistics and analyses from the Chinese automobile market. With China Auto Monthly Report, you'll discover the monthly and quarterly outputs and sales of China's automakers, latest price quotes, and consumer survey results and information on projects investment. Table of content • Overseas Bulletin • Honda to boost China output capacity by 23% • GM to form JV with Harbin Light Truck Factory • Hyundai, Kia bank on China • Ford moving Asia Pacific headquarters to China • Subaru aims to lift China sales by 30% • Fiat's new Chinese ventures awaiting approval • GM talking with FAW on commercial vehicle partnership • Ssangyong bankruptcy protection ends SAIC control • Toyota aims to boost China sales by 20% in 2009 • Volkswagen China keeps strong investment • Nissan eyes 4.6% rise in China car sales in 2009 • GM denies plan to sell stakes in China venture • GM not to change its China operations • Chrysler denies Chinese purchase talks • Volkswagen aims to double sales to 2m by 2018 •New Models • Nissan GT-R car to sell in China for 1m yuan • BYD to launch first MPV model in 2009 • GM to launch 5 more models in China by 2011 • Luxury Hyundai Equus to drive to China in September • FAW to launch all-new Hongqi limo HQE in 2009 • Shanghai Volkswagen to launch revamped Passat in Q2 • GAC Toyota releases 2009 Camry • Chery to release luxury Riich brand in March • Dongfeng to launch own-brand PV model in March • Hafei Auto to make cheap, clean dual-fuel sedan • Nissan to produce CVT-equipped cars in China • Toyota launches hybrid sedan in China • Price and Sales • Policy stimulus to spur car sales • Jianghuai Auto forms passenger car sales firm • Dongfeng Yueda Kia to expand dealership • Auto Events • Geely Auto says to see car sales up 25% in 2009 • Brilliance to build new small car plant • US could get Mexican-built Chinese cars in 5 years • Chery drives to Argentina for new plant • SAIC to sell cars in Israel, UK, Spain in 2010 • Jianghuai Auto to expand further into the passenger car market • Geely says no plans to buy Ford's Volvo brand • BYD electric car to drive to Denmark as first European market • Beijing Auto aims to earn $14.7b in 2009 sales • Beijing to buy 910 eco-friendly buses • Chery to create luxury car brand for China • SAIC to retain Ssangyong assets • Foton to launch electric minivan • Great Wall Motor aims 60% growth in 2009 • Chery eyes European brands • FAW Toyota aims to lift sales by 8% in 2009 • Changan Auto to buy back B shares • Chery aims 18% growth of car sales • Dongfeng Nissan expects to grow 10% in 2009 • Beiqi Foton secures big buyers • Beijing adds 1,466 cars to its roads each day • 45 Chinese auto exporters quit in 2008 • Sichuan Auto denies interest in GM's Hummer • Xiamen King Long to supply 406 buses to Senegal • Chery cars will be introduced to Taiwan • Chery Auto mulls plan to produce cars in Belarus • Jilin to roll out 300km-battery-range electric buses • Baoya electric car rolling to US market • Great Wall Motor rolls out Hover CUV in Vietnam • SAIC aims to sell 60,000 Roewe, MG cars in 2009 • Guangzhou Honda to get old Honda platform • Changan Auto: No new reason for share jump • Parts and Components • Safety supplier Autoliv resists cutbacks • Shandong auto parts export value up 20% in 2008 • Marelli forms JV with SAIC Motor • Weichai Power 2008 export revenue rises 30% • Wonder to supply starters to Dongfeng • EU slaps anti-dumping duty on China fastener • ZF Sachs exports China-made clutch to Japan • KOLB builds auto fasteners joint venture in China • Freesale helps Dongfeng develop car electronics • Weichai denies interest in GM French plant • Ohashi Technica opens Wuhan auto-parts branch • Steyr, Audi, GM may make engines in Shandong • Georg Fischer moves plant to China • Denso expands software operations in China • Hella acquires full stakes of its Chinese relay JV • IAC planning new plants in Beijing and Fuzhou • Financing • Daimler launches leasing in China • Service • Soueast Motor to recall 3,630 Galant cars • Vehicle recalls total 140,000 in past 2 months • Mercedes-Benz recalls 555 sedans in China •R&D • FAW to raise R&D spending by 61% in 2009 • Related Industries • China's crude oil output hits 190m tons in 2008 • Sinopec raises Shanghai gasoline prices • China plans to build State fuel reserves • China's Baosteel to issue up to 20b yuan bills • China to raise oil output 1.2% to 192m tons in 2009 • China plans to create 3 steel giants by 2011 • China to push consolidation in non-ferrous sector • China's fuel consumption to grow slowly in 2009 • Policy • China rolling out 'Cars to Countryside' program • China to delay automakers' bid for overseas M&A • China aims to cut auto groups to 10 from 14 • Analysis • Dongfeng should abandon its own car brand • Ford may try to shop Volvo to China • Auto growth will slow to match overall economy • GM to go head-to-head with VW in battle for inland markets • Future driving with Mercedes-Benz • Auto expansion unwise • Automakers shift into high gear • Automakers plugging into green energy • China's used vehicle sales set to surge by 2012 • China becomes world's biggest auto market? • GM restructuring plan won't impact China operations • Automobile majors have little to worry about • China's SUV sales expected to grow 20% in 2009 • Statistics • Beijing Hyundai posts record sales in January • Top 10 commercial vehicle makers sell 1.8m vehicles in 2008 • FAW Toyota sales surge 129% in 2008 • Geely Auto sees sales growth of 25% in January • Top 10 passenger vehicle makers sell 3.95m vehicles in 2008 • China auto exports slow in 2008 amid falling demand • Dongfeng sells 170,000 commercial vehicles in 2008 • Many automakers see 2008 profit drop over 50% • SAIC-GM-Wuling's January sales hit record high • Chery sales up 36% in January • Jiangling sales down 36% in January • Changan Ford Mazda sales drop 26.7% in January • Great Wall Motor's sales hit record high • Dongfeng Peugeot Citroen sales rally in January • Dongfeng Motor January car sales down 3.1% • China-made passenger car sales up • Top 10 sedan brands sell 121,600 units in January • Sinotruk January sales still low at 2,314 heavy trucks • Ferrari 2008 sales up 20% to 212 units in China • China's SUV, MPV sales continue to drop in January • BYD's car sales surge 80% in January • Beiqi Foton January sales down 35% to 19,500 units • Heavy truck sales down 72% in January • Honda China sales up 16.8% in January • Mercedes-Benz's China sales jump 11% in January • Dongfeng Motor January vehicle sales fall 19.5% • China's January bus sales down 38% to 19,100 units • Exhibitions and Conferences • Chinese automakers make best of subdued Detroit show • Global auto sourcing summit to open in April How to Buy Product details How to Order USD File By email: [email protected] Single user 299 PDF By fax: 86-10-82600829 Enterprisewide 349 PDF By online: Publication date: Mar. 2009 www.researchinchina.com For more information, call our office in Beijing, China: Tel: 86-10-82600828 Website: www.researchinchina.com.
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