The Chinese government unveiled its policy to encourage the purchase of hybrid and electric vehicles
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- In early 2010, the Chinesegovernmentannounceditswill to put into circulation 500,000 electric and hybridvehicles in China over a period of threeyears (2010-2011-2012). It counted on a particularnumber of incentivepolicies in place in major cities of the country and a budget of 150 million euros to develop the production of electricvehiclesthrough an alliance of 16 public companies (of whichthreewerecarmakers) .
- It did not achievethis goal, the Chinesegovernmenthencepushed the deadline back by announcing in 2012 itswill to sell 500,000 hybridvehiclesannually to reach a fleet of 5 million vehicles of this type in 2020.
- It shouldbenotedthat the market for suchvehiclestodayremains marginal in China (3000 electric and hybrid cars in 2011, 12,000 units in 2012, 25,000 units in the first six months of 2013). The main obstacle to the development of electric cars is the pricewhichistoo high. In addition, infrastructures (charging stations) are insufficient. While China had set a target to build 400,000 charging points by 2015, fewerthan 20,000 are installedat the moment.
- The Chinesegovernment has decided to extend and increase subsidies for the purchase of hybrid and electric cars. Theseaidscannowreach 60,000 yuan (7,340 euros) for an electricvehicle, and 35,000 yuan (4,280 euros) for a plug-in hybrid model. On the other hand, a 10% reduction of air pollution at the national level by 2017 wasagreed (from 20% to 25% in large cities), whichshould encourage large cities to introducepoliticalincentives.
VW could build an SUV in its U.S. plant of Chattanooga
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Read more... VW could build an SUV in its U.S. plant of Chattanooga
The hierarchy of car producing countries has been turned upside between 2002 and 2013
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Read more... The hierarchy of car producing countries has been turned upside between 2002 and 2013
Fiat is going to build a new factory in China with GAC
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- The Chinese joint venture Fiat-Chrysler withChinesecarmaker GAC (Guangzhou Automotive Corporation) is in the process of making an investment of nearly 600 million euros in Canton (Guangzhou)to build a plant with a production capacity of 160 000 vehicles per year.
- Fiat wouldproduce off-road as well as cars withlowconsumption (small cars and electric cars), categories of high sale potential by manufacturers in China.
- The Italian group has already a production site in China, Changsha (Hunan province of China), where are manufacturedViaggio sedans (segment C). Fiat produced 13,505 units in the plant in 2012 (against 0 in 2011) and 25,507 in the first eightmonths of 2013, which corresponds to a rate of 40,000 throughout the year.
- Let us recallthat in this plant in Changsha, Fiat plans to produce Jeep cars. It couldbe the recent Cherokee unveiledthissummer, or a smaller Jeep derivedfrom the 500 X which are to beunveiled in 2014.
- According to ourlatest information, future Jeep modelswillbeassembled in the factory in Changsha and wouldsharetheirplatformwith the Fiat Viaggio, whichmightsuggestthatthiswouldbe the recent Cherokee.
- For now, Chrysler Group cars are not produced in China.
Read more... Fiat is going to build a new factory in China with GAC
Volkswagen sold 6.2 million vehicles in the first eight months of 2013
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- Volkswagen has announcedthatitsoldworldwide 6.2 million vehicles (passenger cars and light commercial vehicles) in the first eightmonths of 2013, an increase of 4.5% over the first eightmonths of 2012.
- The carmaker has confirmedthat the situation in Europe wouldremaindifficult in the comingmonths, but signs of stabilization are now visible.Volkswagen believesthat the automobile industryis in a more difficult situation thatitwas 10 or 20 yearsago. Indeed, the industryisfacing a fundamental shift and youngconsumers no longer maintain the samerelationshipwith cars and their usage.
- In addition, electromobilityisbecoming an important issue for all carmakers. Volkswagen thus has 100% electric versions of the Golf and Up! at Frankfurt.
- Volkswagen expects a production of 1 million vehiclesfromitsmodular MQB platform in 2013 and 2,000,000 in 2014, 3,000,000 in 2015 and 4,000,000 in 2016. By 2016, over 40 modelsshouldbeassembledfromthiscommonplatform in operationsince 2010. The first modelsbased on this architecture are the Volkswagen Golf, Audi A3, Skoda Octavia and Seat Leon. Future Volkswagen Tourans, Sportsvan Golfs, Passats, CCs, Sciroccos, Tiguans, Audi TTs, A3 Sportsvans, Skoda Superbs, Seat Alteaswillbeequippedwiththisfeature
Read more... Volkswagen sold 6.2 million vehicles in the first eight months of 2013