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Tag Index  /  Showing 1 - 3 of 3 results for “Volkswagen”

Manufacturing

China’s Auto Export Drive Sputters in Detroit

A slew of year-end news about China’s auto industry is shining a spotlight on the tough times that domestic car makers are facing not only at home but also abroad as they grapple with tough competition and other market factors. Domestic nameplates like Geely, Chery, and BYD have steadily lost share in their home market over the last few years to big foreign names like GM and Volkswagen, but posted strong export gains as they looked to overseas markets to partly offset the declines at home. But now even the export picture is looking bleak, with the latest word that no Chinese car makers will attend the industry-leading North American International Auto Show in Detroit this week.   More

Business Energy & Green Tech

Is 2013 the Year of the Car in China?

The auto industry is humming over new data that show China car sales soared 45 percent in January, marking their strongest growth since April 2010, when government incentives during the global economic crisis helped to turbocharge the sector. Industry watchers are acknowledging that seasonal factors played a major role in this latest jump, but point out that they still expect to see a return to strong growth in the upcoming Year of the Snake, as China's economy improves and consumers rediscover their love affair with cars.   More

Business

Dongfeng-Volvo, VW Chase Low-End Market in China

A couple of news bits from the Chinese auto space are underscoring how competitive the sector has become, with domestic carmaker Dongfeng Motor signing a new tie-up with Swedish truck maker Volvo, as Germany's Volkswagen moves closer to entering the low-end market traditionally shunned by foreign names. Both of these cases show that big-name automakers, both domestic and foreign, will have to look for creative new ways to keep their business growing in the hyper-competitive Chinese market, and that the days where companies could simply construct a new multibillion-dollar factory to fuel additional growth may be in the past.   More