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Shanghai Automotive Industry Corporation (Group): Automaker Going Global with Own Brand
Shanghai Automotive Industry Corporation (Group), one of China's Big Three automakers, has been manufacturing vehicles at its subsidiary, SsangYong Motor Company, in Korea and exporting passenger cars, made by its joint ventures with Volkswagen and General Motors, and automotive parts.
Global Automakers' Production and Sales Share: Growing Dependence on China
Since 2007, when sales contraction became an obvious trend in developed countries, production and sales ratio of major automakers' home country have been declining while their business dependence on China, which became the second largest market in 2006 excluding Japan, has been increasing.
November 17, 2008
China's Pickup Truck Market: Automakers Energetically Launch New Models
In 2007, the factory shipment of pickup trucks by China's top ten pickup truck makers increased 24% year-on-year to 185,911 units. In the first half of 2008, it increased 21.8% to 103,387 units compared to the same period of a year earlier. Booming sales are attributed to the vigorous launch of new models, active sales promotion in regional cities and rural areas, and steady expansion of exports to emerging countries.
Dongfeng Motor Corporation: Sino-Foreign Ventures to Expand Sales Abroad
Dongfeng Motor Corporation (DFM), one of China's top three state-owned automakers whose annual export had been around 2 thousand vehicles until 2005, increased exports to 4,715 vehicles in 2006 and to nearly 25 thousand units in 2007. In the first half of 2008, DFM exported 23.8 thousand complete vehicles and year-round exports are expected to double, according to a local newspaper.
November 10, 2008
China's Passenger Car Registrations: Foreign Brands Dominate the Market
In China, the number of passenger cars registered by end-users increased from 29.4 million units in 2005 to 4.42 million in 2007, according to FOURIN's research. Since, an additional 2.82 million units were registered in the first half of 2008, it is probable that year-round registrations will reach 6 million units despite the slowing economy.
China FAW Group Corporation: Automaker Aiming to Expand Business Globalization
China FAW Group Corporation, one of China's largest state-owned automakers, announced it in its 2007 business plan that the company aims to internationalize its operations and speed up the expansion of its overseas business activities. In 2007, FAW exported 28,823 complete vehicles, up 44% from a year earlier, generating 287.25 million USD in sales revenue.
