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China Lures More Investment
Keywords:
As the market in larger cities matures, the market in Tier 2 and Tier 3 cities is where most of the growth is expected in China's market. An expanding middle class is one source of buyers. One forecast is for 51% of Chinese families having disposable income of 106,000 yuan to 229,000 yuan or between $17,000 and $37,000 by 2020, according to McKinsey. There were only 6% in that income range in 2010, showing how skewed the income distribution was, and why the growth of luxury cars has benefitted BMW, Benz and GM. A new generation of younger buyers is another source of growth- Nissan's chief planning officer, Andy Palmer estimates the youth market at 240 million. This group is being called the Transformers generation. A big surge in buying for SUV's has helped companies such as Ford Motor Company. Benz and Ford plan to add new dealerships, with Benz planning dealerships in 40 new cities and opening 100 new stores in 2014. Audi is planning a new certified used car program to keep used car resale values high.
Newcomer Ford's expanding auto dealer network in China
02/27/2011
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Mulally Hones Ford's China Focus
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Luxury Car Makers Brace for Slower China Sales
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Ford Plans to Boost Production in China
Wall Street Journal 04/06/2012
Can Ford Boss Avoid Production Hiccups?
Wall Street Journal 02/15/2014
Ford's SUVs Propel Its China Gains
Wall Street Journal 04/08/2014
Wall Street Journal 04/25/2014
Toyota China
05/12/2005
Toyota in the Chinese auto market.
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Auto Sales Keep Humming in China
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Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Toyota Revs Up Ambitious Plans for China
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Wall Street Journal 04/25/2014
Toyota, Nissan Post Slower China Sales Growth
Wall Street Journal 06/05/2014
Japan Car Makers Skid in China
Wall Street Journal 11/04/2014
VW's push to increase sales in China by 70% by 2018
03/15/2013
This includes a small car modeled on the French Dacia model and priced at about 6000-8000 euros.
Grouped Articles
VW to Bolster Its Output in China
Wall Street Journal 03/15/2013
Wall Street Journal 04/25/2014
VW Drives for Gains in Southern China
Wall Street Journal 11/26/2014
China’s motor industry: The coming crash
Economist 04/25/2015
Foreign Car Factories Curb Output in China
Wall Street Journal 08/24/2015
Economist 08/24/2015
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
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
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
Nissan China.
05/29/2010
Grouped Articles
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Toyota Revs Up Ambitious Plans for China
Wall Street Journal 04/21/2014
Wall Street Journal 04/25/2014
Toyota, Nissan Post Slower China Sales Growth
Wall Street Journal 06/05/2014
Japan Car Makers Skid in China
Wall Street Journal 11/04/2014
Wall Street Journal 09/21/2010
GM (General Motors) China management
11/30/2013
Grouped Articles
GM Names New President for China Operation
Wall Street Journal 11/30/2013
Wall Street Journal 04/25/2014
China Crackdown Set to Benefit GE
Wall Street Journal 12/29/2014
GM China Venture to Spend $16 Billion to Develop New Products
Wall Street Journal 04/20/2015
Foreign Car Factories Curb Output in China
Wall Street Journal 08/24/2015
Economist 08/24/2015
GM China strategy
09/30/2010
Grouped Articles
GM Names New President for China Operation
Wall Street Journal 11/30/2013
Wall Street Journal 10/28/2013
Wall Street Journal 10/28/2013
GM to Build Cadillac Plant in China
Wall Street Journal 05/08/2013
Wall Street Journal 04/19/2013
Wall Street Journal 04/19/2012
GM's Wuling joint venture for the Baojun brand and transfer of American technology to China
01/14/2008
The part of the venture for the Baojun brand of cars marketed to price conscious customers will have technology held in common. This is a change from the past and a key difference under new Chinese policy requiring transfer of technology.
Grouped Articles
Wall Street Journal 10/28/2013
Wall Street Journal 04/25/2014
The Roadblock in GM's Route Through China
Wall Street Journal 04/20/2011
GM Bets Big on Rural China Markets
Wall Street Journal 05/11/2011
China Carmakers Told to Seek Fuel Efficiency, Not Sales
New York Times 09/04/2011
In China, Culling the Carmaker Herd
BusinessWeek 12/15/2011
China's automobile market in 2014-2015
04/25/2014
Grouped Articles
Wall Street Journal 04/25/2014
Subsidies Stoke China's Domestic Car Makers
Wall Street Journal 05/24/2014
China’s motor industry: The coming crash
Economist 04/25/2015
Foreign Car Factories Curb Output in China
Wall Street Journal 08/24/2015
Economist 08/24/2015
China’s Car Slump Leaves Foreign Auto Makers With Idle Factories
WSJ 12/25/2018
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 China
04/09/2006
Grouped Articles
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
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
China’s motor industry: The coming crash
Economist 04/25/2015
Foreign Car Factories Curb Output in China
Wall Street Journal 08/24/2015
Daimler Mercedes Benz strategies in China
02/01/2013
Grouped Articles
Daimler Boosts Investment in China
Wall Street Journal 02/01/2013
Wall Street Journal 04/25/2014
Daimler Second-Quarter Profit Rises
Wall Street Journal 07/24/2014
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
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
Brilliance China Automotive Holdings
08/19/2010
BMW's partner in China.
Grouped Articles
Auto Sales Keep Humming in China
Wall Street Journal 05/09/2013
China Cultivates Taste for German Cars
Wall Street Journal 08/19/2010
Wall Street Journal 04/25/2014
Subsidies Stoke China's Domestic Car Makers
Wall Street Journal 05/24/2014
China’s motor industry: The coming crash
Economist 04/25/2015
Foreign Car Factories Curb Output in China
Wall Street Journal 08/24/2015
GM (General Motors) and markets in Rural China
01/14/2008
Grouped Articles
Wall Street Journal 10/28/2013
Wall Street Journal 04/25/2014
China Crackdown Set to Benefit GE
Wall Street Journal 12/29/2014
Economist 08/24/2015
GM Bets Big on Rural China Markets
Wall Street Journal 05/11/2011
General Motors Hits Bumpy Patch Abroad
Wall Street Journal 11/10/2011
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
GM's Cadillac brand in China
04/19/2013
Grouped Articles
GM to Build Cadillac Plant in China
Wall Street Journal 05/08/2013
Wall Street Journal 10/28/2013
Wall Street Journal 04/19/2013
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
Wall Street Journal 04/25/2014
Shanghai GM- GM's joint venture with SAIC in China
09/20/2010
Grouped Articles
Wall Street Journal 04/19/2013
China's SAIC Motor Considers Stake in GM
Wall Street Journal 09/20/2010
Chinese Car Makers Struggle to Lure Buyers
Wall Street Journal 04/21/2014
Wall Street Journal 04/25/2014
GM, SAIC Plan to Jointly Design New Cars
Wall Street Journal 07/29/2015
Foreign Car Factories Curb Output in China
Wall Street Journal 08/24/2015
Steadily growing automobile market in China (3)- the shift to Tier 2 and Tier 3 cities as the market in larger cities gets saturated
01/03/2014
Linked Articles
China's Urban Nightmare: Gridlock
Wall Street Journal 01/03/2014
Wall Street Journal 04/25/2014
China's steadily growing automobile market in 2014-2015 (1)- expanding dealer networks to Tier 2 and 3 cities by Ford Motor and Mercedes Benz
11/23/2012
China's television channel CCTV focusses on consumer issues in its program 315. VW was a focus of one of the reports on consumer issues. Problems in the U.S. for GM and Toyota are likely to keep the focus on other auto companies as well.
Linked Articles
Wall Street Journal 04/25/2014
Ford Expands Dealer Network in China
Wall Street Journal 11/23/2012
The steadily growing automobile market in China in 2014-2015 (5)- VW targets the youth market and the Transformer generation
03/15/2013
Linked Articles
VW to Bolster Its Output in China
Wall Street Journal 03/15/2013
Wall Street Journal 04/25/2014
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