Last post on May 07, 2013 at 4:07 PM
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#1 of 6 China, The World's Biggest Car Market
Apr 18, 2013 (1:00 am)
What's happening in China matters to U.S. car buyers from many perspectives. With China's huge scale, Chinese consumers are influencing the designs of cars that are in our showrooms. For example, Buick might no longer exist if it weren't for the fact that GM has been selling more Buicks in China than in the U.S. for several years now, and by a wide margin. China is also the number one market for Mercedes and others.
New models that will be sold in North America are being introduced at the Shanghai Auto Show. Of course, the opposite is also true, and the Chinese auto industry might not exist if it weren't for American and European manufacturers. The Japanese and Koreans are Johny-come-latelies to China.
Virtually every major manufacturer is aggressively expanding production and marketing in China. Once too small to matter, in just a few years this market has become too vast for any manufacturer to ignore, and fewer than half of all Chinese of driving age still do not have drivers licenses.
The purpose of this topic is to discuss the many aspects of the Chinese auto industry and market. What are your views on this trend? Do you see it as a net positive or negative, and why?
#2 of 6 Re: China, The World's Biggest Car Market [hpmctorque]
Apr 18, 2013 (7:10 am)
Positive for short term profits, probable negative for the real costs of those profits. Maybe get what one can out of the house of cards before the eventual strife hits.
It'd be interesting to see what it takes to get a license there, seeing what I see from first generation drivers here...
#3 of 6 From today's WSJ, p. C1
May 02, 2013 (4:28 am)
GM sold 816,373 vehicles in China January-march 2013 versus 664,963 in the U.S.
#4 of 6 Looking to expand elsewhere
by Stever@Edmunds HOST
May 02, 2013 (9:13 am)
"The first Chinese-owned vehicle manufacturer in the United States plans to build electric buses and batteries at plants in the Mojave Desert.
BYD, which opened its North American headquarters in Los Angeles in 2010, says the plant will initially turn out 10 electric buses for the city of Long Beach. It expects the vehicles, with a range of 150 miles between charges, to be delivered next year. In April, the Long Beach Transit Authority awarded BYD a $12.1 million contract for the zero-emission buses, a company statement said."
1st Chinese automaker in U.S. to open California plants (Detroit News)
#6 of 6 New Cadillac Plant
May 07, 2013 (4:07 pm)
GM won regulatory approval to build a new $1.3 B plant to produce Cadillacs in China.