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  • Beijing Hyundai sales exceed 75 thousand in July, increases 25.5%
    Beijing Hyundai sales exceed 75 thousand in July, increases 25.5%
    2013-08-18

    Beijing Hyundai announces its sales recently. It sells 75,568 in July, increases 25.5% over the same period of last year. Till end of July, accumulated sales of Beijing Hyundai is up to 585.8 thousand which moves forward to 1 million goal this year step by step stably. As it understood, July has 4 more working days than June has, but auto industry enter slack season. What’s worse, economy recovers slowly and economy growth rate is still under downturn to 7.4% from 7.6% forecast early this year. Therefore, sales environment does not ideal enough, but Beijing Hyundai still achieves 25% growth over the same period of last year, which prove how exuberant vitality Beijing Hyundai does. Based on the forecast of slack sales environment, Beijing Hyundai makes new promotion strategy actively. At first, supporting automobile exhibition around Chang Chun area, and digging demand deeply in slack season by commercial tour among lower-tier cities; on the other side, it grabs SUV segment and try to attract potential consumer.

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  • Chery Terminal Channel Integration
    Chery Terminal Channel Integration

    After hackling its research & development system, Chery now starts to reform its sales system. As reporter known, Chery changes its sales company name as “Chery Marketing Corporation” on Monday, and integrates Sales Department 1 and Sales Department 2 into one, and cuts sales regions from 14 to 8. According Beijing- Inner Mongolia region supervisor’s introductions, original Sales Corporation was divided into Department 1 and Department 2 , and terminal sales network was divided into two parts as well. Part 1 sells Storm 2, A1, A3 and Tiggo; Part 2 sells QQ, Cowin and Eastar, E5 etc. After adjustment of sales system, Sales Department 1 and Sales Department 2 will merge together. The part 1 and part 2 under sales region will merge at the same time. Besides organization structure adjustment, Chery redefines and integrates sales regions from 14 to 8. Each region has its “territory” and function departments. Some region is expanding, but some are merged by others, for example, Beijing- Inner Mongolia region now is canceled. Inner Mongolia Province now belongs to North-East region, and Beijing, Tianjing, Hebei Province and Shanxi Province are integrated to North China region. People concern about that is there any change for Chery dealers because of sales region integration. Relative officer said sales network 1 and network 2 will not change after sales region adjustment, and it will not have any merge movement recently. However, as reporter heard from dealers of Chery that it is possible for Chery to merge sales network together after integration. Arrizo 7 was belonging to sales network 1, but when Chery chooses dealers to sell the product, it does not distinguish them by network 1 or 2.

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  • Guangqi Mitsubishi's annual production capacity to reach 130000 automobiles in 2014
    Guangqi Mitsubishi's annual production capacity to reach 130000 automobiles in 2014

    Guangqi Mitsubishi is aiming to increase its annual production capacity from the current 30,000 vehicles to 130,000 vehicles following the redesign of its painting and assembly facilities in the first quarter of next year. Guangqi Mitsubishi's production site works on single eight-hour shifts currently, with production capacity estimated to be around 120 vehicles a day and 7,000 vehicles a quarter. The joint venture's sales this quarter totaled 6,351 vehicles, nearly on par with its maximum production capacity. However, with new models in the works, including the domestically manufactured Pajero Sport due at the end of this year and a new SUV model in 2014, Guangqi Mitsubishi has no choice but to tackle its issue with limited production capacity,the JV will begin implementing double work shifts daily, which will help its monthly production capacity reach 5,000 vehicles and annual capacity reach 60,000 vehicles within this year. Annual capacity will increase even further following redesign of the JV's automobile factory, topping 130,000 vehicles. In addition to increasing its production capacity, Guangqi Mitsubishi also has plans to expand its Chinese sales network from the 60 dealerships active at the end of last year to 130 dealerships. The JV is aiming to strengthen its presence in second-tier, third-tier and even fourth-tier cities.

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  • Changan Ford's sales grow 92% in Q1
    Changan Ford's sales grow 92% in Q1

    Changan Ford's year-on-year sales growth reached 92 percent in the first quarter, making it one of the country's fastest growing automobile enterprises. The introduction of several new models, including the Kuga, EcoSport and New Focus (pictured above), has been crucial in helping boost Changan Ford's sales over the past few months. Even sales of the current generation Mondeo increased 11 percent over the first three months of the year.  Changan is currently constructing a new engine factory in Chongqing, which is aimed to be completed and begin operation in June. The new factory will manufacture the majority of Ford EcoBoost engines to be sold in China.

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  • Volkswagen expands car production in China
    Volkswagen expands car production in China

    German auto giant Volkswagen will build a plant in central China,  as it battles US rival General Motors to be the top foreign automaker in the world's biggest car market. The plant in the city of Changsha will start production in early 2016 with an annual output capacity of 300,000 vehicles.The move comes as VW battles US auto giant GM for dominance in the huge Chinese market, despite worries about over-capacity.VW delivered 2.81 million vehicles in the country last year while GM sold 2.84 million, making them its biggest foreign automakers.

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  • Toyota and Nissan April China auto sales down
    Toyota and Nissan April China auto sales down

    Toyota Motor Corp and its China joint ventures sold 76,400 cars in the country in April, down 6.5 percent from a year earlier. That compares a 11.7 percent year-on-year fall in March. Toyota, which operates car ventures in China with FAW Group and Guangzhou Automobile Group Co Ltd , aims to sell 900,000 cars in the country this year, up 7.1 percent from a year earlier.   Nissan Motor Co Ltd and its China joint venture sold 102,800 cars in China in April, up 2.7 percent from a year earlier. That compares with a 16.6 percent decline in March. Nissan makes vehicles in China in partnership with Dongfeng Automobile Group Co.

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