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Automaker CEOs court customers in Shanghai instead of New York [Copy link] 中文

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Post time 2011-4-21 11:17:36 |Display all floors
Both the international auto show in Shanghai and Newyork  open on the same date

Automaker CEOs court customers in Shanghai instead of New York

[ Last edited by 468259058 at 2011-4-21 11:29 AM ]

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Post time 2011-4-21 11:20:11 |Display all floors

Japan

The presidents of Toyota Motor Corp., Honda Motor Co., Nissan Motor Co. and Mitsubishi Motors Corp. all unveiled new models during appearances at the first major international motor show since the March 11 disaster.

"I was undecided on whether to visit China or not until the last moment, but I finally decided to come as I thought that our mission is to strive to continue to deliver better cars to customers around the world," Toyota President Akio Toyoda said in a speech at the event.

Toyoda's decision to attend the show in this time of emergency is a clear sign of how much importance the auto giant is placing on the Chinese market.

The Toyota group's car manufacturing plants in the Tohoku region were affected by the massive quake and tsunami.

Honda President Takanobu Ito, Nissan President Carlos Ghosn and Mitsubishi Motors President Osamu Masuko were also present at the Shanghai show. All vowed to bring manufacturing operations back to normal as soon as possible.

New vehicle sales in China in 2011 are expected to grow about 10 percent from the previous year to some 20 million units.

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Post time 2011-4-21 11:23:27 |Display all floors

Japan

Following the March 11 earthquake and tsunami, a leading Japanese auto manufacturer told its parts suppliers that its production in China would be around half of normal levels and that no decision had been made on production in Southeast Asia beyond the end of April.

Japan's automakers halted operations at all domestic plants after the disaster hit, but kept overseas plants running using parts on hand.

With demand growing abroad, especially in emerging economies, the automakers have gone to great lengths to keep production lines up overseas.

But the serious parts supply crunch is now beginning to take a toll on operations in the rest of the world. Toyota and Nissan plan to temporarily halt production in North America. Honda is considering the same.

Toyota will also suspend manufacturing operations in Europe. Many Japanese makers are planning production cuts of about 20 percent in China.

Mitsubishi Motors may stop production in China and other parts of the world for one week to 10 days, according to Masuko. The company is finding it hard to maintain normal levels of production in the face of shortages of such parts as semiconductor devices used for engine control.

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Post time 2011-4-21 11:23:46 |Display all floors

other..in shanghai auto show

Volkswagen AG of Germany is looking to expand its China operations into Guangdong province, where many Japanese carmakers operate manufacturing facilities. Soh Weiming, executive vice president of Volkswagen Group China, said the German carmaker can become the No. 1 player in southern China and Hong Kong, where Japanese rivals have established a competitive presence.

General Motors Co. of the United States is pursuing an ambitious goal of doubling its sales in China by 2015.

Both VW and GM will roll out electric vehicles in China.

Chinese carmakers, which offer price-competitive compact cars, are also displaying a raft of new models at the Shanghai exhibit.

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Post time 2011-4-21 11:25:07 |Display all floors

Newyork auto show

Fuel efficiency became the theme at the 2011 New York International Auto Show that began its press preview on Wednesday with nearly 1,000 stunning new 2011/2012 vehicles on display.

Hyundai unveiled its 2012 Accent subcompact car at the Show. Its highway fuel economy of 40 mpg is "an 18 percent improvement over its predecessor's 34 mpg highway manual transmission fuel economy rating," according to the company statement.

Chevrolet revealed the 2011 Cruze Eco, a fuel-efficient version of its compact Cruze. Powered by a 1.4-liter turbocharged, four- cylinder engine, Cruze Eco is expected to get 40 mpg on the highway when equipped with the six-speed manual transmission.

Also joining the fuel-economy bandwagon, Lincoln, Porsche, Kia, Volkswagen all introduced fuel-efficient, hybrid models.

"Attracting over one million visitors a year, the New York Auto Show is one of the most important automobile consumer events in the world, so it is no wonder that the automakers will go all out to make the 2011 Show a one-of-a-kind experience that is both informative and fun," said Show chairman John LaSorsa.

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Post time 2011-4-21 11:27:10 |Display all floors

auto show in Shanghai

Monthly sales in March in China increased by 5.4 percent on-year to 1.83 million units, compared to 1.24 million in the U.S. and 280,000 in Japan during the same period. Annual sales in China are expected to reach the 20 million-mark this year.

With China's emergence on the world auto scene, global carmakers are eager to show off their latest models there. Audi picked Shanghai over its homeland of Germany for the world premiere of its Q3 compact SUV. Mercedes-Benz is debuting its Concept A, which suggests the direction of its new A-Class compact slated to start production at the end of this year. General Motors is presenting the Chevrolet Malibu mid-size sedan, which is also scheduled to go into production late this year at its Korean plant in Bupyeong, Gyeonggi Province.

At the BMW booth, the Concept M5, a high-performance sports car, and 6 series coupe are making their world debuts. GM’s Buick is introducing a concept car with a plug-in hybrid system, the Envision, jointly developed with China’s Shanghai Automotive Industry Corp. Volkswagen is displaying its newest Beetle while Peugeot is revealing its SXC concept car.

Big tickets autos are also dazzling visitors, including a new US$5.66 million supercar from Aston Martin, and Ferrari's first ever four-wheel drive car, the FF, with the price tag of around W500 million (US$1=W1,082).

Among Korean carmakers, both Hyundai Motor and Kia Motors are showing off new models designed specifically for the Chinese market -- the Hyundai Sonata mid-size sedan and Kia K2 compact. Hyundai is also unveiling three other new models, including its latest Grandeur full-size sedan.

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Post time 2011-4-21 11:27:28 |Display all floors
Green, aspirational and optimistic - trends from Chinese automakers at Auto

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