Didi Chuxing and What’s Missing
While the global car sharing market is anticipated to grow 34 percent annually between 2017 and 2024, the rate is expected to be 40 percent in China.
Gary S. Vasilash
Transportation Editor, Gardner Business Media
New Toyota JV Targets Fuel Cell Trucks in China
Commercial vehicles could be the right application for fledgling technology
Report: Dongfeng to Cut Stake in PSA
Dongfeng Motor Group will reduce its stake in PSA Group to help the French carmaker clear U.S. regulatory hurdles ahead of a planned merger with Fiat Chrysler Automobiles.
Report: SKI Plans 2nd EV Battery Plant in China
South Korea’s SK Innovation Co. plans to construct a $1.1 billion battery plant in Yancheng, China.
Nissan Names New Leadership Team
Nissan Motor Co.’s board has chosen Makoto Uchida, a senior vice president and former head of the company’s China operations, to take over as CEO.
PSA, Dongfeng Finalize Plan to Restructure JV
PSA Group says it is launching a restructuring plan for its 27-year-old carmaking venture with Dongfeng Motor Group in Wuhan, China, to cut costs and boost sales.
Report: Dongfeng Motor May Sell PSA Stake
Dongfeng Motor Group reportedly is pondering the sale of some or all of its €2.2 billion ($2.5 billion) stake in PSA Group.
Byton: Electric, Level 3 and Conceptual—For Now
Unveiled at CES 2018, the Byton electric vehicle will have Level 3 autonomous capabilities at launch in 2019 and then will be able to have Level 4 integrated about a year later.
Chinese Startup Readies Luxury EV
Chinese electric vehicle startup Human Horizons (HH) plans to debut its first vehicle, the HiPhi 1, in early 2021.
Renault Launches EV Venture in China
Renault SA is investing in its 50:50 venture with Jiangling Motors Corp. to develop and build electric vehicles in China.
Nissan Names New U.S. Sales Chief
Nissan Motor Co. has chosen Airton Cousseau, managing director of its China venture with Dongfeng Motor Co., to take over U.S. sales and marketing on June 1.
Honda Says Its Sales in China Will Top U.S. by 2022
Honda Motor Co. CEO Takahiro Hachigo tells reporters the company’s car sales in China are likely to match U.S. demand in 2-3 years.
Report: Nissan Expects 8% Drop in Future Sales in China
Nissan Motor Co. now expects its China venture with Dongfeng Motor Corp. will sell 2.39 million vehicles in 2022, down 8% from its estimate late last year, sources tell Bloomberg News.
Maxion, Dongfeng Form China Aluminum Wheel JV
Germany’s Maxion Wheels is forming a joint venture in China with Dongfeng Motor Parts and Components Group to build aluminum wheels for the local market.
Nissan and Mitsubishi: Is This the Start of Something Big?
There is the old saw that things happen in threes. Is this the first of the series?
PSA Names New Chief for China Operations
PSA Group has named Massimo Roserba, formerly CEO of its Italian operations, to head its joint venture in China.
Renault Partners with Third Chinese EV Maker
Renault SA has agreed to buy a “significant” stake in Jiangling Motors Co.’s JMEV electric vehicle unit.
Nissan to Repatriate $1.1 Billion Cash from China Unit
Nissan Motor Co. reportedly will repatriate 7.5 billion yuan ($1.1 billion) from its joint venture in China as tensions rise with alliance partner Renault SA.
Domestic Brands Suffer as China Car Sales Sink
China’s domestic carmakers are taking the brunt of the country’s new-car sales slump, according to The Nikkei.
Nissan to Make EV Batteries, Motors in China
Nissan Motor Co. is shifting to local production of batteries and motors in China for electric cars made by its venture with Dongfeng Motor Group.
Renault Concept Previews Tiny EV
Renault SA unveiled the all-electric K-ZE concept car at this week’s Paris auto show.
Looking East
The best-selling passenger car in China is the Volkswagen Lavida.
Gary S. Vasilash
Transportation Editor, Gardner Business Media
Nissan Ramps Up Leaf-Based EV in China
Nissan Motor Co. has launched production of an all-electric version of its Sylphy compact car in China.
Nissan to Expand Capacity 40% in China
Nissan Motor Co. is readying a $900 million plan to hike production capacity in China 40% by 2021, sources tell Reuters.
Nissan, Dongfeng Target “Green” Production in China
Nissan Motor Co. and Dongfeng Motor Group aim to shift their Chinese operations to “greener” production methods over the next four years.
Three Chinese Carmakers Form Ride-Hailing Alliance
A trio of state-owned Chinese carmakers is launching a joint ride-hailing service to rival foreign-based competitors.
Honda to Resume Sales of CR-V Crossover in China
One of Honda Motor Co.’s most popular models in China, the CR-V crossover, will return to the marketplace later this month after the company launches a recall to fix 130,000 units already on the road.
Ghosn Declares EV Range Anxiety Is Dead
Renault-Nissan-Mitsubishi alliance Chairman Carlos Ghosn declares that consumer fears about the driving range of electric vehicles is over, The Nikkei reports.