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Showing posts with label Nanjing. Show all posts
Showing posts with label Nanjing. Show all posts

Will China's BYD Bring the F3DM to the U.S. or will this be Just Another Broken Promise?

Written By nyit on Tuesday, February 22, 2011 | 3:55 AM

http://2.bp.blogspot.com/-JSEskNL4-Lk/TWLFunpzunI/AAAAAAAEA2M/No2bQQ8oIJI/s1600/BYD-Auto-F3DM-Hybrid-55.jpg

When it comes to making cars,China is king. We’re talking the world’s largest car market, with over a hundred individual marques. So why is it that there are virtually zero Chinese car manufactures selling cars in the U.S. aka the world’s other largest car market?

So far, China’s “Big Four” (well, the four most visible to those outside of China) have made and broken promises of bringing their vehicles to the North American market. Brilliance, Chery, Nanjing and Geely have all backed down from their plans to open dealerships and factories stateside. So far, not a single car from China's major automakers has touched down on U.S. soil outside a motor show.

Senior analyst Bill Visnic of Edmunds.com explains why: “This isn’t computers or cellphones, where you just get into a big-box store. You need some dealerships, and those things are tremendous investments of time and resources. [The Chinese] thought it was going to be a lot easier than it was.”

BYD hopes to change all that. China’s sixth largest automaker provided plug-in hybrid cars to the 2008 Beijing Olympics and now plans on bringing that hybrid, the awkwardly , named F3DM to the U.S.A. for Spring 2012. It still could be an uphill challenge, though.

The fallout from the slump in auto sales after the Global Financial Crisis, the government’s bailouts of two of the Big Three, the liquidation of numerous dealerships and the reduction in hybrid sales that came with the sudden drop in fuel prices is still being felt in much of America’s automotive heartland. Add to that the small market share commanded by hybrid and electric vehicles – just 2.2% worldwide according to JD Power – and BYD may be in over their heads already.

AS Mike Omotoso from JD Power explains:

“Because consumers are wary about electric vehicles and their driving range and batteries, they are even more likely to go with more established companies like G.M. and Nissan. The problem with the Chinese car companies is they are trying to run before they walk.”

3:55 AM | 0 comments | Read More

Will China's BYD Bring the F3DM to the U.S. or will this be Just Another Broken Promise?

Written By nyit on Monday, February 21, 2011 | 12:02 PM


When it comes to making cars, China is king. We’re talking the world’s largest car market, with over a hundred individual marques. So why is it that there are virtually zero Chinese car manufactures selling cars in the U.S. aka the world’s other largest car market?

So far, China’s “Big Four” (well, the four most visible to those outside of China) have made and broken promises of bringing their vehicles to the North American market. Brilliance, Chery, Nanjing and Geely have all backed down from their plans to open dealerships and factories stateside. So far, not a single car from China's major automakers has touched down on U.S. soil outside a motor show.

Read more »
12:02 PM | 0 comments | Read More

MG to Bring Three New Cars to Europe – U.S. Plans Scrapped

Written By nyit on Tuesday, August 26, 2008 | 11:13 AM

NAC MG TF LE500 ChinaIn addition to a revamped version of the current TF LE500 roadster, NAC, the Chinese owner of MG is planning to introduce three new models in Europe according to company’s managing director, Gary Hagen. “We’re planning a four-car range of MGs – first to arrive will be a mid-sized saloon sharing its platform with the Roewe 550. The planned introduction for this car is late 2010 and, looking at today’s marketplace, I see the main opposition as being the Mazda 6,” said Hagen in an interview with the British website Austin Rover Online. -Continued

“After that, there will be a C-segment compact and a B-segment supermini – and, no, that won’t be the MG3 SW, which has been a major success for us in China. Clearly, we have the capacity to build these cars in Longbridge and the Chinese are keen for this to happen,” added Hagen.

NAC MG’s managing director also took the opportunity to shed some light on the company’s ‘on and off’ plans for a return into the North American market. “We’re starting with the UK and Ireland and, once we’re up to speed, we will be pushing to sell in Europe. The USA isn’t on the short-term radar as an anticipated market for us but, with the right product, it would be good to return there,” Hagen told Austin Rover Online. The MG brand disappeared from U.S. dealerships in the early 1980s.

Via: Austin Rover Online

11:13 AM | 0 comments | Read More

MG Launches Rover 75 Based 7 Series In China

Written By nyit on Friday, September 28, 2007 | 2:51 AM

The former British built MG-ZT (sporty version of the BMW Groupe developed, Rover 75) has been officially launched in China as the MG 7 Series or, just MG7 for short. The models introduced to the Chinese market include three 160Hp 1.8-litre Turbo variants of the MG 7, and a flagship version, the MG7L which is equipped with a 2.5-litre V6 240 Hp powerplant. If you’re wondering what the “L” stands for, the MG7L is 200 mm longer than the standard MG7. Nanjing MG, who acquired the rights to build the car, said that in China, prices for the MG7 range from £12,600 to £22,260 ($25,500 to 45,700 or €18,000 to 32,400). -Continued after the jump

Commenting on the introduction of the MG 7, Nanjing MG’s sales director Yang Junhu said: “We are bringing British automotive culture to our country. Until now no other car from a British marque has been manufactured and sold in China. Today customers are becoming more demanding in terms of their requirements which we will be able to satisfy thanks to the different variants of the MG7.”

2:51 AM | 0 comments | Read More

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