<http://www.china4auto.com/images/logo_china4auto.jpg>
2007-12-14 No.20   
Industry         
China Auto Industry May Post $13.5 Billion Profit
<http://www.china4auto.com/news/showe.aspx?id=54962> 

China's auto industry may post a combined profit of more than 100
billion yuan ($13.5 billion) this year despite widespread discounting,
Xinhua said, citing Rao Da, head of the Chi…... [Details
<http://www.china4auto.com/news/showe.aspx?id=54962> ]

Auto exports gloom in boom
<http://www.china4auto.com/news/showe.aspx?id=54964> 

The Ministry of Commerce released a comprehensive report on Chinese auto
exports in the first 10 months this year. The report is basically a
mixed bag, taking the good with the bad…... [Details
<http://www.china4auto.com/news/showe.aspx?id=54964> ]

                
 <http://www.china4auto.com/adv/url.asp?id=65>          
Auto markets     

Kia Motors Opens Second Production Plant in China
<http://www.china4auto.com/news/showe.aspx?id=54963> 

Kia Motors Corporation, one of the fastest growing automakers in the
world, in conjunction with its joint venture Dongfeng Yueda Kia (DYK)
Motors, officially opened its second manufacturing …... [Details
<http://www.china4auto.com/news/showe.aspx?id=54963> ]

Hyundai-Kia raises oversight as sales dip
<http://www.china4auto.com/news/showe.aspx?id=54966> 

Sales at Hyundai-Kia Automotive Group are slumping in a strong Chinese
market, so the Korean carmaker will give China more top-level executive
attention:-- Kim Dong Jin, Hyundai Motor Co.'s …... [Details
<http://www.china4auto.com/news/showe.aspx?id=54966> ]

Fiat to open powertrain r&d center
<http://www.china4auto.com/news/showe.aspx?id=54967> 

Fiat group will open a center in Shanghai focusing on research and
development of powertrain products. The r&d center, which will open in
late 2008, will serve Fiat's global operations, …... [Details
<http://www.china4auto.com/news/showe.aspx?id=54967> ]

GM brings OnStar telematics service to China
<http://www.china4auto.com/news/showe.aspx?id=54968> 

General Motors is bringing its OnStar telematics service to China.
"There is a large potential need in the market," says Ding Lei,
president of Shanghai General Motors Corp., a joi…... [Details
<http://www.china4auto.com/news/showe.aspx?id=54968> ]

Part markets     
Hyundai Mobis opens auto parts store in Shanghai
<http://www.china4auto.com/news/showe.aspx?id=54958> 

Hyundai Mobis Co. said on Tuesday that it has opened an auto parts shop
named MOBIS Carfe in China's Shanghai, which is also the first South
Korean auto accessory shop in China. The new stor…... [Details
<http://www.china4auto.com/news/showe.aspx?id=54958> ]

Japan's Honda Motor says no plan to build engine factory in China,
denies report <http://www.china4auto.com/news/showe.aspx?id=54959> 

Honda Motor Co does not have a plan for now to build a factory in China,
Japan's second-largest carmaker said Wednesday, denying a newspaper
report that it intends to build an engine plant i…... [Details
<http://www.china4auto.com/news/showe.aspx?id=54959> ]

China's FAW Xiali to spend $130 mln on engine plant
<http://www.china4auto.com/news/showe.aspx?id=54960> 

FAW Xiali Automobile Co, a Chinese partner of Toyota Motor, said on
Tuesday it would invest 959 million yuan ($130 million) to build a new
engine production line. The line will be able to ma…... [Details
<http://www.china4auto.com/news/showe.aspx?id=54960> ]

Honda to boost China engine capacity by 40 pct-paper
<http://www.china4auto.com/news/showe.aspx?id=54961> 

Honda Motor Co , Japan's second-biggest car maker, plans to spend 30
billion yen ($271 million) to build a 200,000 unit-a-year engine plant
in Guangzhou in China, boosting its engine capacit…... [Details
<http://www.china4auto.com/news/showe.aspx?id=54961> ]

Comments         

 <http://www.china4auto.com/images/xiao.gif>   Chrysler's Murtaugh faces
huge challenge <http://www.china4auto.com/news/showe.aspx?id=54965> 

Now that it has Phil Murtaugh to run its Asia Pacific operations,
Chrysler LLC needs to start reevaluating its strategy here in China. It
should start with how it positions the Dodge and Chrysler brands.
Judging from the problems General Motors has had differentiating b…...
[Details <http://www.china4auto.com/news/showe.aspx?id=54965> ] 

Timeroute Enterprise Group Timeroute Automobile Consulting (Shanghai)
Co. Tel: 021-32110091-820        


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