TagAz has been manufacturing the Chery Tiggo in Russia – rebranded Vortex Tingo.
As illustrated in Africa and Latin America, Chinese manufacturers have been working extra-hard under the radar to secure less developed markets that will form the bulk of global car sales growth over the next couple of decades. Their approach to Eastern Europe is very similar. There are currently three Chinese assembling hubs in the region – in Russia, Ukraine and Bulgaria – acting as a very convenient springboard for further expansion throughout the continent, including all the ex-USSR nations and potentially Western Europe in the longer-term.
Continue reading “Strategy: How the Chinese are setting themselves up for success (Part 3: Eastern Europe)”
If Chinese carmakers have started exporting to Africa in the early 00′s, they set foot in Latin America even earlier, with JAC starting to export trucks to Bolivia back in 1990. Similarly to the strategy they adopted in Africa, Chinese manufacturers have initially focused on the less developed car markets in the region. They are now in the process of stepping up their involvement by launching in the bigger, more mature markets like Argentina and Brazil.
Continue reading “Strategy: How the Chinese are setting themselves up for success (Part 2: Latin America)”
Like this fennec fox, Chinese carmakers have been walking against the wind in Africa. And it’s worked.
For the first time in the history of car manufacturing, Chinese carmakers sold 1 million cars outside of China in 2012, and estimates show chances are they have repeated that feat in 2013. Chinese manufacturers are now relying more and more on export markets to boost their bottom-line, especially as conditions have worsened for local passenger cars at home over the last couple of years. However as I described in my article “China: How local brands may finally find their mojo at home“, the Chinese are learning how to sell low-cost overseas and applying these strategies at home, making themselves more competitive in the process.
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Hawtai Motor has exported 200 Hawtai Lu Sheng E70 taxis to North Korea. The taxis will be deployed in the the North Korean capital Pyongyang. The vehicles were handed over to a North Korean state-owned company during a festive ceremony near the Chinese-North Korean border and will be shipped to Pyongyang by train.
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Volvo and its Chinese owner Geely are considering export of the new Volvo S60L to the United States as an additional model to the standard Volvo S60 sedan. The Volvo S60L debuted last week on the Guangzhou Auto Show and will be hit the Chinese car market next month.
Continue reading “Volvo S60L might be exported from China to the United States”
The Wuling Baojun 630 sedan will be exported to North African markets from 2014, rebadged as ‘Chevrolet Optra’.
Baojun is an entry level brand under the SAIC-GM-Wuling joint venture, in which GM has a 33.3% stake. The other partners are SAIC (aka Shanghai Auto) and Wuling Automotive.
The Baojun 630 sedan is based on the Shanghai-GM Buick Excelle. The 630 is available with a 112hp 1.5 and a 143hp 1.8, both petrol. GM will likely also offer a diesel version for Africa. Baojun is currently working on a hatchback variant of the 630, which is expected to make the move to North Africa as well.
China’s vehicle exports continued to decline in July, falling 5.4 percent from June to 79,900, a year-on-year drop of 11.6 percent, statistics from the China Association of Automobile Manufacturers show.
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Growth in car sales at Geely Automobile, one of China’s largest non-government-owned auto makers, increased only modestly in June from a year earlier while exports dropped, the company said in a statement after the close of trading at the Hong Kong Stock Exchange today.
Sales in June totaled 34,624 units, an increase of 0.4% from a year earlier, according to unaudited figures. Exports last month fell by 11% from a year earlier to 9,337 vehicles. Compared with May, shipments in June declined by 17%, the company said. It didn’t give a reason for the export or month-on-month declines.
Continue reading “Geely China car sales up 0.4% in June, exports down”
Ford Motor Co CEO Alan Mulally sees China becoming an export hub for the automaker but he added that the company’s current focus is on meeting local demand.
“I think it’s just a matter of time,” he said when asked about Ford exporting from China. “Over time, all of our facilities are positioned so we can support all the markets around the world from any location,” Mulally said.
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Passenger vehicle exports, by both domestic and foreign companies, surged in the first four months of the year, according to the latest statistics.
From January to April, exports of sedans, sport-utility vehicles, multi-purpose vehicles, and minivans accelerated 24 percent from a year ago to 194,200 units, according to the China Association of Automobile Manufacturers.
Continue reading “China car exports up 24% over January – April”