End-user sales and China's future market
Recent work conducted by CBU in association with Risk Simulator® on China's end-user sales data has revealed interesting findings that shed light into how the world's largest new automobile market will evolve both short- and long-term.
SHANGHAI – Yang Xiaoming, general manager of Delphi connector system and the Asia-Pacific, Central Electrical Products business unit, was appointed president of its China operations, according to a company release on March 7.
Dealer inventory index rose to 2.33 in February, according to a Dealer Inventory Study released on March 20 by the China Automobile Dealers Association (CADA).
BEIJING – China’s pilot cities for EV promotion are speeding up efforts to build charging facilities, according to a report on d1ev.
BERLIN – Daimler AG and its Chinese partner Beijing Automotive Industry Corp. (BAIC) signed an agreement on the further expansion of the production capacity of their joint venture Beijing-Benz Automotive Co., Ltd.
GM will end Opel sales in China by January 2015, according to a company news release. Opel has decided to change the export strategy for the Chinese market, and sales of the Opel brand in China will cease as of January 2015.
RIO DE JANEIRO, Brazil – BYD launched its e-bus in Rio de Janeiro, Brazil at the end of March, in coordination with Fetranspor and Rio Bus, two public transportation companies for the state and city of Rio, according to a BYD news release.