The new Koleos goes into production at Wuhan, China, at the end of the year. The all-electric Dongfeng Fengnuo E300 launches in 2017. Renault Samsung has a 28-member team embedded at the Dongfeng Renault JV’s plant to provide expertise in the areas of manufacturing, R&D and design.
The warehousing industry and the military are potential mass-production markets. Hyundai says a soldier wearing the suit easily can carry 100 pounds yet move very quickly. A possible medical application would give impaired patients mobility.
There is not a single local or global debut from Buick, Cadillac or Chevrolet at the Beijing auto show whose 9-day run closes Wednesday. The only all-new entry on display is the Baojun 310 subcompact hatchback.
For the first quarter, 17,354 units of all Tivoli models, including the Tivoli Air (XLV and XLV Air in export markets) were sold globally, up 23.3% from like-2015. The Tivoli brand accounted for 48.4% of Ssangyong’s 33,666 worldwide LV sales in the quarter.
GM Korea contends ex-CEO Sergio Rocha never made a concrete promise to bring Impala production to the country if annual sales hit 10,000 units and, moreover, that total would be insufficient for a newly launched vehicle to generate a profit.
For the month, BHMC sold 100,549 vehicles, soaring 88.9% over the dismal February total of 53,226, when sales were down 17% year-on-year. Hyundai’s own China sales had fallen even further, backsliding 28% in January.
Hyundai Vice Chairman Chung Eui-Sun had been billed as a key presenter at the EV Expo, but changed plans to show Korean President Park Guen-hye how the all-electric Ioniq is produced at the automaker’s Asan plant.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
New-car sales in China are expected to grow at least 5% this year. But margins on those sales, already small, have vanished for many dealers. Retailers now are looking to look to areas such as finance and insurance and used-car sales for profits....More