Tag Archives: China

China Autos: 2016 Wrap and 2017 Prospects

2016 turned out surprisingly well for China’s automakers. Among other factors, auto sales benefitted from the cut in the purchase tax on small cars initiated by the Chinese government in the final quarter of 2015 to boost flagging demand. The resulting surge in sales carried over into 2016, and when rumors surfaced later in the […]

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Tesla, Trump, and China

After nearly quadrupling in 2015, sales of New Energy Vehicles (NEVs), which includes plug-in hybrids (PHEVs) and pure electric vehicles (EVs), surged by 82.2 percent to 337,000 units in China during the first 10 months of 2016. This does not include the 700,000 low-speed electric vehicles which were sold during the same period and which are […]

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Auto Sales Soar in China

Unit sales of trucks, buses, and passenger cars in China soared 26.3 percent in August, and a further 29 percent in August — racking up double-digit rates of growth that haven’t been seen in a few years. In fact, September’s jump in car sales was the largest monthly gain since January 2013. Strong sales performance […]

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China’s Charging Ahead!

Electric Vehicle (EV) makers the world over face a classic “chicken and egg” problem. Concerned with the range of EVs and the availability of charging stations, consumers are reluctant to forsake their cars powered by internal combustion engines in favor of those powered by batteries. Yet, building a charging infrastructure is expensive, and investors are […]

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Strong Demand Drives China Vehicle Sales in 1H2016

Demand for all types of vehicle transportation in China has been surprisingly strong so far in 2016.

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Happy Thanksgiving to All MTD Readers

Having lived in China for the past 21 years, one question I’m frequently asked is: “What about the United States do you miss most?” For my wife and me, the answer to that question is easy—the holidays. On the Fourth of July, Memorial Day, or Labor Day, when everyone in the States is taking a […]

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China Leads In Renewable Investment—Again!

China Leads In Renewable Investment—Again!

Every opportunity — and every problem — in China is big! There is no such thing as a small opportunity, or a small problem, in the world’s most populous country. That is certainly true when it comes to environmental and energy issues. With more cars on the road every year and increasing demands for power […]

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The Changing Landscape Of Global Autos

What a difference twenty years makes. In 1993, China’s auto industry was producing less than one million vehicles per year and there were no Chinese passenger car makers. In 2013 China will produce over twenty million vehicles, and Chinese companies account for 35 percent of the total passenger car market. In 1993 the likes of […]

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Junk Bonds Come To China

Junk Bonds Come To China

During the decade of the 1970s in the United States, the Dow Jones Industrial Average (DJIA) was stuck at the 800 level, common stock offerings were few and far between, and companies with debt ratings lower than single “A” could not issue bonds. That meant that small and medium-sized enterprises (SMEs), the key job creators […]

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Ford Affiliate to Buy China Truck Maker

Ford Affiliate to Buy China Truck Maker

Several weeks ago, the Ford Motor Company (NYSE:F) was in the news when it announced that its affiliate, Jiangling Motors Corporation, Ltd. (JMC), has agreed to acquire 100 percent of Taiyuan Changan Heavy Truck Company (Taiyuan). For JMC, which currently makes light trucks and sports utility vehicles, this acquisition marks its first entry into China‘s […]

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