The most significant vehicle premiering in Moscow may be the new-generation Mazda6. The unveiling coincides with the launch of the auto maker’s Russian assembly joint venture and may reflect sedans’ popularity in the country....More
China’s standard of living, at least in the cities, has improved dramatically. Households are enjoying cars and other modern amenities as incomes rise. But traffic, stress and inflation detract from the quality of life....More
“We have learned a lot from joint ventures, but China must be able to develop its own core technologies,” Guo Konghui, a Jilin University professor, says as Changchun hosts its auto show and VTI technology conference here....More
The 9th Changchun International Automobile Expo began Sunday, July 15, and the nine exhibit halls were quickly jammed with an emerging middle class eager to buy cars, SUVs, cross/utility vehicles and minivans.
The power and prestige of senior Chinese officials and their taste in cars may prove the new restrictions on imports to be a paper tiger. Previous attempts to curb government spending on expensive foreign makes have failed....More
China may be the world’s largest automotive market, but heavy reliance on foreign technology and weak R&D capability among local producers makes it a mere “factory” for global car makers, one analyst says....More
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