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Luxury-Car Fight Revs Up
Keywords:
Tags: Current Focus, Automobiles, China,
GM plans to bring 5 to 10 Cadillac models to China by 2016. It plans to build a factory for Cadillacs in China. Even as auto sales are slowing down in China in 2012, sales of luxury and premium cars are growing rapidly. Infiniti, Audi, BMW, Mercedes, Tata's Jaguar-Land Rover, and now GM are competing for sales to China's growing affluent class. According to IHS Global Insight, China's auto sales slowed to 2.5% growth in 2011, yet sales of premium car sales increased by 32%. With sales slowing in Europe and the U.S., car manufacturers are focussing on the luxury segment in China to boost profits. BMW's sales chief, Ian Robertson, says sales will slow in coming quarters from the 32% growth rate of 2011, but he still expects double digit growth for premium cars in future years. In making its large investments in China Ford executives said it expected a growth in China's car market of 5% over the next decade. BMW plans to increase production to 200,000 cars after opening its second plant in 2011, with capacity to ramp up to 300,000 a year.
The culture clash between Volvo's traditional customer base and the luxury car segment base in China.
11/17/2006
One is understated and family friendly with an eye for safety and fuel efficiency, the other is showy and flashy. The different culltural backgrounds of European managers of Volvo and the new Chinese owners at Geely Holdings.
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Geely's Li Doubles Down on Volvo
Wall Street Journal 06/06/2013
Takeda Taps Glaxo Executive as CEO Candidate
Wall Street Journal 11/30/2013
Geely's Volvo Plans Take Shape
Wall Street Journal 08/27/2010
Volvo Trades on Swedish Heritage to Sell Cars
Wall Street Journal 12/26/2013
Wall Street Journal 09/14/2010
Rapid deceleration of growth in China's automobile market in 2011-2015
08/24/2010
Growth in the automobile market is estimated at 3% for 2011 by China's Association of Automobile Manuacturers.
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Auto Sales Keep Humming in China
Wall Street Journal 05/09/2013
China Traffic Jam Could Last Weeks
Wall Street Journal 08/24/2010
Chinese Car Buyers Should Keep On Motoring
Wall Street Journal 12/26/2013
Wall Street Journal 10/23/2010
Subsidies Stoke China's Domestic Car Makers
Wall Street Journal 05/24/2014
GM's efforts to build its luxury brands Buick and Cadillac in 2012-2014
01/12/2009
Grouped Articles
Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
GM to Build Cadillac Plant in China
Wall Street Journal 05/08/2013
Detroit Vehicles Outperform Imports in Quality Study
Wall Street Journal 05/13/2013
Confession: The Regal's a Pretty Great Car
Wall Street Journal 05/29/2010
BusinessWeek 09/30/2010
GM China performance
03/28/2006
General Motors has its second largest market in China where it sold more than 1 million cars. In 2007 and sales growth was 21%.
Grouped Articles
Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Auto Sales Keep Humming in China
Wall Street Journal 05/09/2013
GM Shifts Executives Amid International Push
Wall Street Journal 08/02/2013
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Wall Street Journal 10/28/2013
BMW strategies
01/05/2009
Grouped Articles
BMW Launches Its First Mass-Production Electric Car
Wall Street Journal 07/30/2013
Luxury Auto Makers Fill Lineups With Dizzying Array of Models
Wall Street Journal 01/20/2014
Europeans Raise Pressure on Detroit
Wall Street Journal 01/05/2009
When the dust clears BMW may struggle to compete.
Detroit News 11/29/2009
Luxury-Car Makers Push Function More Than Flash
Wall Street Journal 01/14/2010
BMW Hopes to Catch the Upswing
New York Times 02/12/2010
Mercedes Benz Cars China.
05/28/2010
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Pulling Mercedes Out of a Chinese Ditch
Wall Street Journal 02/03/2014
Wall Street Journal 04/25/2014
Economist 08/24/2015
Overheard: China’s Two-Speed Car Stimulus
Wall Street Journal 08/27/2015
German Car Makers Shift Gears as China Slows
Wall Street Journal 08/28/2015
GM's Cadillac Division.
06/17/2010
The large investments in marketing were not effective. Cadillac's average age of customer base is 62, so there is a real need to get younger buyers into showrooms.
Grouped Articles
Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
GM to Build Cadillac Plant in China
Wall Street Journal 05/08/2013
Cadillac Drops Wreath Logo for Bolder Crest
Wall Street Journal 01/15/2014
Cadillac Chief's Challenge: Clear Dealer Lots
Wall Street Journal 01/23/2014
G.M. Bets Big on a Resurgent Cadillac
New York Times 04/02/2015
VW Audi China
08/19/2010
Grouped Articles
China Cultivates Taste for German Cars
Wall Street Journal 08/19/2010
In Sign of Strength, Audi Steps Up Investments
New York Times 12/27/2013
Wall Street Journal 04/25/2014
Volkswagen to Invest $107.3 Billion Over Next 5 Years
Wall Street Journal 11/22/2014
VW Drives for Gains in Southern China
Wall Street Journal 11/26/2014
Audi Lifts Investments to $29 Billion
Wall Street Journal 12/29/2014
VW Audi performance
11/25/2009
Grouped Articles
Japanese Car Makers Lose Their Midsize Edge
Wall Street Journal 05/07/2013
Detroit Vehicles Outperform Imports in Quality Study
Wall Street Journal 05/13/2013
European Pain Relief For GM and Ford
Wall Street Journal 05/20/2013
Daimler Under Pressure to Catch Audi, BMW
Wall Street Journal 07/25/2013
VW's $1 Billion Bet on U.S. Factory Sputters
Wall Street Journal 09/06/2013
In Sign of Strength, Audi Steps Up Investments
New York Times 12/27/2013
The growing market for luxury and premium cars in China
08/19/2010
BMW, Mercedes, Cadillac and other luxury car makers see surging sales of luxury cars in 2012-2014
Grouped Articles
Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
GM to Build Cadillac Plant in China
Wall Street Journal 05/08/2013
Auto Sales Keep Humming in China
Wall Street Journal 05/09/2013
China Cultivates Taste for German Cars
Wall Street Journal 08/19/2010
Cadillac Drops Wreath Logo for Bolder Crest
Wall Street Journal 01/15/2014
Too optimistic forecasts for China sales of Mercedes and BMW in 2008
10/30/2008
Even when the bad news kept coming in BMW and Mercedes kept thinking their sales would hold up well. Is something like this happening for the Chinese economy, predicting 9% GDP growth even when auto sales are already flat or declining for October 2008.
Grouped Articles
Decade Brings South Korea to the Brink and Back
Wall Street Journal 10/30/2008
India's Big Firms Poised to Cut Jobs
Wall Street Journal 10/30/2008
VW Earnings Buck Auto-Industry Trend
Wall Street Journal 10/31/2008
Caution Signs Flash at Deutsche Bank
Wall Street Journal 10/31/2008
Bank of Japan Cuts Key Interest Rate and Lowers Growth Forecast to Zero
New York Times 11/01/2008
Specter of Deflation Lurks as Global Demand Drops
New York Times 11/01/2008
GM's luxury car products
04/23/2006
Cadillac, Buick Lucerne etc
Grouped Articles
Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
GM to Build Cadillac Plant in China
Wall Street Journal 05/08/2013
Detroit Vehicles Outperform Imports in Quality Study
Wall Street Journal 05/13/2013
Confession: The Regal's a Pretty Great Car
Wall Street Journal 05/29/2010
BusinessWeek 09/30/2010
BMW China
08/19/2010
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
China Cultivates Taste for German Cars
Wall Street Journal 08/19/2010
Wall Street Journal 04/25/2014
China’s motor industry: The coming crash
Economist 04/25/2015
Economist 08/24/2015
Overheard: China’s Two-Speed Car Stimulus
Wall Street Journal 08/27/2015
Daimler China.
05/28/2010
Daimler and Mercedes Benz Cars in China.
Grouped Articles
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
Mercedes Delivers Bullish Forecast On China Strength
Wall Street Journal 05/29/2010
Pulling Mercedes Out of a Chinese Ditch
Wall Street Journal 02/03/2014
Wall Street Journal 04/25/2014
Daimler Second-Quarter Profit Rises
Wall Street Journal 07/24/2014
China’s motor industry: The coming crash
Economist 04/25/2015
Daimler Mercedes Benz strategy in 2011-2015
05/29/2010
Grouped Articles
Daimler Under Pressure to Catch Audi, BMW
Wall Street Journal 07/25/2013
Mercedes Delivers Bullish Forecast On China Strength
Wall Street Journal 05/29/2010
Mercedes Sheds Its 'Old' Design
Wall Street Journal 10/18/2013
Luxury Auto Makers Fill Lineups With Dizzying Array of Models
Wall Street Journal 01/20/2014
Daimler's innovation unit: Thinking outside the car
Economist 10/23/2010
Benz on a Budget, Angling for Youngsters
New York Times 03/14/2014
GM's global push for a redesigned Cadillac in 2012-2014
11/16/2011
Grouped Articles
Wall Street Journal 04/19/2013
Luxury Car Makers Brace for Slower China Sales
Wall Street Journal 04/22/2013
GM to Build Cadillac Plant in China
Wall Street Journal 05/08/2013
Cadillac Drops Wreath Logo for Bolder Crest
Wall Street Journal 01/15/2014
Cadillac Chief's Challenge: Clear Dealer Lots
Wall Street Journal 01/23/2014
Selling Cadillacs in BMW's Heartland
Wall Street Journal 03/03/2014
VW Audi management
11/08/2006
Grouped Articles
Volkswagen Replaces U.S. Chief
Wall Street Journal 12/13/2013
In Sign of Strength, Audi Steps Up Investments
New York Times 12/27/2013
Wall Street Journal 09/12/2010
Volkswagen Aims at Fast Lane in U.S.
Wall Street Journal 10/05/2010
VW Labor Rep Blasts Car Maker's U.S. Strategy
Wall Street Journal 01/23/2014
Volkswagen to Invest $107.3 Billion Over Next 5 Years
Wall Street Journal 11/22/2014
VW Audi strategies
01/05/2009
Grouped Articles
Japanese Car Makers Lose Their Midsize Edge
Wall Street Journal 05/07/2013
In Sign of Strength, Audi Steps Up Investments
New York Times 12/27/2013
Volkswagen Aims at Fast Lane in U.S.
Wall Street Journal 10/05/2010
Luxury Auto Makers Fill Lineups With Dizzying Array of Models
Wall Street Journal 01/20/2014
VW Labor Rep Blasts Car Maker's U.S. Strategy
Wall Street Journal 01/23/2014
Weak European Auto Market in 2013 Sapped Volkswagen Earnings
New York Times 03/13/2014
VW Audi, GM, Mercedes and BMW compete for luxury car sales from China's affluent class in 2011-2016
04/23/2012
Linked Articles
Audi Sees Promise in China's Appetite for Upscale Cars
Wall Street Journal 04/23/2012
Wall Street Journal 04/24/2012
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