Posts Tagged auto industry
Auto Forecast 2015 – What to Expect
Posted by alibabarika in Automotive Articles on January 15, 2011
Predicting the future is always fraught with risk, but businesses do have long term plans in mind in order to reach certain goals. The auto industry is one arena where long term planning strategies are in place as it can take several years to take a product from concept (idea) to manufacturing (production).
Changes Underfoot
Why China’s BYD Automobile Can Be a Big Player in the Electric Auto
Posted by alibabarika in Automotive Articles on October 5, 2010
But BYD did not start to make electric cars. Instead it started manufacturing internal combustion engine cars. They’ve bought an ailing state owned company, and started manufacturing the Flyer, a small car that made decent sales but already started declining in early 2000. So the company invested in a more ambitious project with the output of the BYD F3 sedan. The sedan model in general is very popular in China because that kind of car gave someone a social proof of success. The F3 sold very good topping 150 000 units / year. This flagship product made BYD know to the local market and some press mentions oversea.
Strengthened by this commercial success, BYD Auto, the subsidiary of BYD, put effort into developing other make, even in some niche like the F8 coupé. The BYD F6 which is a more luxurious F3, the famous BYD F1 later named F0 because of a conflict with the racing event.
China and India – The Booming Auto Industry
Posted by alibabarika in Automotive Articles on September 7, 2010
It used to be the General Motors, Ford, and Chrysler at first, then comes the new era of Germans, Americans, and the Japanese. Not so far in the future we will start to see the rise of the new markets for automobiles from China and India.
Cars have become a necessity in our daily life. With oil prices topping an all time sky high of $130USD per barrel, people are still in favor to drive their fuel guzzlers everyday to work, leisure, and errands. The demand for a four wheeler is still huge as people are eager to pay for the high fuel price.
Passenger Car Price in China – Up Or Down
Posted by alibabarika in Automotive Articles on July 21, 2010
Although Volkswagen has denied the rumour of “general price hikes in April” for its passenger cars in China, speculations for car price increases in China are still rampant.
Mr Rao Da, Secretary-General of National Passenger Car Information Exchange Association, suggested that car price inflection points may appear this year or the next. Due to rising raw materials and labour costs, it is expected that cost per car may increase by 1500 to 3000 yuan (RMB:USD = 7:1) in 2008. Even for upgraded models, the cost would still increase due to the associated moulding, inspecting and machinery tools. But the fierce competition in China’s auto market has deterred most auto companies from unilateral price hikes.