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Opel to end sales in China after failing to gain traction


General Motors Co.’s Opel unit, on Friday has announced it will stop selling cars in the Chinese market – and will focus more on Europe. The automaker will stop all exports to China starting January 2015. Last year Opel sold only 4,365 new cars in China, even if the carmaker operates a network of 22 dealers. Compared GM’s Buick sales of 810,000 ...
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Chinese-owned automaker Volvo Car Group issued a statement today saying it had received the long-awaited approval to begin manufacturing in China at its plants in Daqing and Zhangjiakou. "As a result, ...
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After years of serving the premium segment alone in China, in the face of toughening competition Audi expects growth for its annual sales, but at a more modest rate than ...
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Opel says export strategy on track, never mind Australian problems
Only a year after launching sales in the country Opel is pulling back from the Australian market but says it will continue its search for new businesses outside the European ...
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National Electric Vehicles Sweden AB (NEVS) has signed an investment deal with the Chinese city of Qingdao in order to build and sell EVs in the country. NEVS is a Chinese-controlled ...
Fisker Plans to Enter China
Fisker announced its plans to enter the Chinese market in the first quarter of 2013. "We still aren't in all the markets where we want to be," said Henrik Fisker, the ...
Toyota Stops Production in China Next Month
Toyota announced it will halt production in China in October due to the China-Japan conflict. As the situation is still tensioned in China, Toyota said it will review its decision after ...
Volvo closes in on China manufacturing plans
Volvo's plans of manufacturing vehicles in China may soon become reality, according to Chinese media. The Nanfang Metropolis Daily wrote that Volvo's approvals are going as planned. "Volvo's applications for domestically ...

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