English Press / Presse anglaise
Volkswagen is to invest 12 billion yuan (1.95 billion USD) to build a new plant in Changsha, Central China, along with its partner Shanghai Auto Industry Corp. The scope and size of the new facility was confirmed today during the official signing of the new facility, Volkswagen senior executives, Hunan Provincial and Changsha city officials were present to view the signing. The new plant was will initially have output of 300,000 units in the first initial phase that can be expanded later and should be online in 2015.
After focusing on the Chinese North, East and South, VW are finally looking to the West of China to further push sales in the worlds largest auto market as the company fights with its arch rival GM for sales figures in the Chinese market. The contract between SH-VW and Changsha City leaders was signed at a ceremony earlier today and work commencing on the new factory as early as Thursday this week.
Volkswagen are pushing to open ten new factories this year around the world, with seven of those factories landing in China. Volkswagen will create new factories in Urumqi, Foshan and Ningbo, new parts factories will also come online in Changchun and Foshan later this year. Volkswagen’s Chinese total production capacity is currently 2.6 million vehicles per year, but VW aims to expand this figure to 4 million units by 2018 with average annual growth aiming to be around 35% each year
SAIC are planning to follow in the steps of regional rivals Geely and Chery with an increased impetus on international sales, SAIC has already introduce the Roewe 750 into Egypt with a local partner which will go into production on June 19th this year.
SAIC also have plans for a Thailand plat to facilitate sales in the South East Asian and Middle Eastern markets with initial production capacity reaching 50,000 units with plans to increase it to 20,000. SAIC’s international sales are still relatively small but the company does have large expectations to expand sales by 20% in 2013.
Since the launch of the Baojun brand and its first 630 sedan news from the sub brand from GM and SAIC has gone quiet, now we have learned that BaoJun are prepping a new SUV for the Chinese market. The new SUV will be based on the Baojun 630′s platform and will continue to use the existing Baojun style language. Currently the Baojun uses 1.5L and 1.8L engines, the new SUV will likely continue to use the same engines and the same gearbox. Baojun are also planning to introduce small displacement turbo engines in the near future, in addition a compact MPV will also join the Baojun line up after the introduction of the MPV.
Automotive Business Review
- VW to modify late-model diesels to prevent improper fueling
- Auto dealers escape worst of tornado's wrath
- 2 congressmen ask Treasury for details on 2008-09 dealership closures
- Lutz's VL Automotive, Chinese supplier bid for Fisker, report says
- Lutz' VL Automotive, Chinese supplier bid for Fisker, report says
French press / Presse française
- Renault tourne le dos au système de batteries interchangeables de Better Place
- Reprise du travail pour les grévistes de l'usine PSA d'Aulnay-sous-Bois
- Les commandes de voitures sur la voie de la stabilisation en France
- Le semaine de l'automobile du 15 au 21 mai
- PSA Aulnay : un accord entre la direction et la CGT met fin à la grève
Les notes récentes
Il n'y a pas d'événements prévus.