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  • JAC plans to up exports this year
    JAC plans to up exports this year

    Domestic automaker Jianghuai Automobile Co Ltd plans to significantly boost its exports this year。 JAC's overall sales goal for the year is 520,000 units, 15 percent of which will be exports。 JAC sold more than 465,100 units last year, 12 percent of which were exported to more than 120 countries and regions. The company has more than 500 dealerships and 14 assembly plants overseas. Founded in 1964 and based in Hefei, Anhui province, the automaker now has a full lineup of independently developed vehicles and components, including light, medium and heavy trucks, multi-purpose vehicles, small recreational vehicles, sedans, buses, construction machinery, engines, transmissions and chassis. JAC vehicles sell at a higher price in foreign countries than in the domestic market, noting that overseas sales became an important contributor to the 900 million yuan in net profit JAC realized last year. Many international distributors recognize JAC as one of the top Chinese auto brands. Currently, JAC vehicles are being sold throughout Asia, Africa, Europe, South America and now in North America. JAC sold 142,600 vehicles in the first quarter of this year, a jump of 19.25 percent from a year earlier and accounting for 27.4 percent of this year's sales target. JAC aims to sell 1.6 million units annually and achieve revenue totaling 100 billion yuan by 2015.

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  • BMW's China car sales could rise by double-digit rate in 2013
    BMW's China car sales could rise by double-digit rate in 2013

    BMW, the world's largest premium carmaker, believes its vehicle sales in China could grow at a double-digit per centage rate this year after surging 40 per cent in 2012. "Our expectation this year is high single-digit, maybe low double digit growth," BMW brand sales chief Ian Robertson said on Tuesday at the company's annual earnings press conference. "Having said that we have been surprised by the situation in China before, so we will have to wait and see." BMW sold 327,341 vehicles in China 2012.

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  • South Africa: Car imports may ease as percentage of sales in 2013
    South Africa: Car imports may ease as percentage of sales in 2013

    Imported passenger cars into South Africa may decrease from 72% of all local car sales in 2012, to 71% in 2013. This comes as the duty rate on imported vehicles has now stabilised at 25%. If it materialises, the fall in percentage of imported cars in the sales mix will be the first drop since 1994. In 1995 the import duty rate was 71% and the percentage of imported cars sold in South Africa stood at 9%. This 9% has steadily increased as the import duty rate has come down, hitting 32% of all car sales in 2001, 50% in 2005, 61% in 2007, and 69% in 2011. While the percentage of imported vehicles in the sales mix may come down in 2013, the same is not true for the actual numbers in what is expected to remain a growing domestic market. The actual number of imported cars reached 318 000 units in 2012 and is expected to increase to 335 000 in 2013. However, the number of locally produced and sold cars are also expected to increase, at 140 000 in 2013, up from 122 000 in 2012. This number was 234 000 units in 1995. Overall vehicle production in South Africa is expected to reach a healthy 654 300 units in 2013, up from 539 424 units in 2012. Just short of 390 000 vehicles were produced in South Africa in 1995. Exports are expected to reach 361 300 units this year (55% of local production), up from 277 893 units in 2012. Vehicle exports numbered 15 764 units in 1995, or 4% of production. Toyota was South Africa's top vehicle producer in 2012, at 149 250 units, followed by Volkswagen, at 103 732 units, and Mercedes-Benz, at 61 297 units. Toyota was also the top exporter, at 88 122 units, followed by Volkswagen, at 54 148 units, and Mercedes-Benz, at 49 825 units. The top 2012 export destination outside Africa for vehicles from South Africa was the US, at 66 220 units, followed by the UK, at 41 111 units, and Japan, at 17 226 units. However, it is Africa that has been the real success story in 2012, with much room for further improvement. South Africa exported 24 281 vehicles to Algeria in 2012, followed by Nigeria as second most popular export destination, at 14 874 units – this up from 7 151 units in 2010. Ghana exports have grown from 2 451 units in 2010, to 5 062 units in 2012, with Angola importing 7 783 vehicles from South Africa in 2012, up from 934 in 2010. These countries all have high gross domestic product growths,Africa is a real solution for our vehicle exports." It expect a total domestic new vehicle market of 675 000 units in 2013, up from 624 000 units in 2012.

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  • Dongfeng Peugeot exports 408s to Gulf countries
    Dongfeng Peugeot exports 408s to Gulf countries

     Dongfeng Peugeot Citroën's first batch of 408s destined for export has rolled off the joint venture's assembly lines earlier this month. The vehicles will be sent to various Gulf countries, including Saudi Arabia, Bahrain, Qatar, Oman, UAE and Kuwait. Furthermore,Dongfeng Peugeot has received payment for over 150 exports orders for the 408 from buyers in the Gulf. Expanding into the export market has long been part of Dongfeng Peugeot's long-term development plans. The JV hopes to take advantage of both of its parent enterprises advances in technology and marketing to further develop its export business. Ever since it exported its first vehicles to Egypt in June 2011, the JV has rapidly expanded into overseas markets. Dongfeng Peugeot's exports exceeded 3,000 vehicles in 2011, bringing in 230 million yuan ($36.52m). The following year its exports reached 3,528 vehicles. Dongfeng Peugeot exported 556 vehicles over the first two months of the year, equivalent to year-on-year growth of over 183 percent for the JV. The JV's vehicles have been sold in France, Argentina, Brazil, Russia, Egypt, Nigeria, Malaysia, Indonesia, South Korea and several other countries.

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  • Ukraine car import tax to affect Chinese makers
    Ukraine car import tax to affect Chinese makers

    Ukraine's new emergency tariffs on car imports which could have both positive and negative impacts on Chinese car manufacturers. Sales of Chinese cars on the Ukrainian market may drop significantly in the short term as Ukraine’s tax would affect passenger cars with engine capacities of 1,000 to 2,200 cubic centimeters, a range into which most Chinese imports fall. The move will affect the whole car series, which comes from China in import mode. First of all, it is cars made by Geely, Chery and almost all models of Great Wall. Most likely the car distributors would not be able to avoid a rise in price, as the tax, take effect from April 13, would be raised by a substantial margin of 6.46 percent to 12.95 percent, he said, adding the increased prices would hurt demand. However, it could be advantageous for Chinese manufacturers to establish factories in Ukraine.

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  • Over 384000 VWs to be recalled in China due to DSG transmission issues
    Over 384000 VWs to be recalled in China due to DSG transmission issues

    Volkswagen China, FAW-VW and Shanghai VW, in accordance with the General Administration of Quality Supervision, Inspection and Quarantine's requests, will begin recalling DSG transmission-powered VW, Audi and Skoda models next month,. A total of 384,181 vehicles will be targeted by the recall, which will begin on April 2. The majority of vehicles recalled, 245,999 units, are FAW-VW models. Domestically manufactured FAW-VW models to be recalled include New Bora , Golf A6, Sagitar, Magotan, New Sagitar and New Magotan units produced between May 2009 and January 2012 and between December 2012 and February 2013. FAW-VW's recall will also include Audi A3s imported between February 2010 and June 2011. Shanghai VW will recall Touran, Lavida and New Passat vehicles, as well as Skoda Octavia and Superb models, manufactured between October 2009 and May 2012 and between December 2012 and March 2013. Furthermore, VW China will recall 7,139 imported Scirocco, Golf and CrossGolf vehicles manufactured between December 2008 and September 2011. The specific reason for the recall is due to faults in the electronics and hydraulics of the above vehicles' DSG transmissions. The issues may lead to the transmission malfunction, which may potentially endanger the safety of the vehicle's occupants. VW China, FAW-VW and Shanghai VW will conduct free inspection and repair of all recalled vehicles' transmission, while also upgrading the transmission's electronic control units.

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