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AUTOMOTIVE INDUSTRY IN CHINA
19 juillet 2007

Steel prices drop for third straight month

Steel sheet prices in North America have fallen for a third consecutive month and hot-rolled sheet in coil (HRC) may even be lower than the $520/ton July price forecast by Purchasingdata.com. Subscription-only CRU Steel Monitor says its “latest assessments...
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23 août 2007

Copper and brass shipments down 8.4%

Continued cutbacks in new-housing construction starts have reduced need for copper and brass mill products this year. The housing industry is by far the largest end user of copper, around 40%. And that’s why midyear shipments by copper and brass service...
21 mars 2008

Copper prices approach $4/lb as supplies tighten

Spot copper prices remain in the $3.70-$4.00 range as global stockpiles have dropped to the lowest level in six months, spurring speculation supply will trail demand for the year. “Copper looks the tightest market from a fundamental perspective,'' writes...
21 mars 2008

Copper outlook for 2008 is a fourth year of reduced demand

Copper buyers will have less trouble sourcing the red metal this year as a succession of bad news on the economy—including poor bank earnings, falling construction rates and rising expectations that overall gross domestic product (GDP) growth will slow—is...
21 mars 2008

Codelco to expand copper mining capacity

After some news sources report its annual output declined in 2007, Chilean copper miner Codelco plans to increase capacity in 2008 by upping its capital spending to $2 billion, up from $1.69 billion last year. Of that, $241 million will go to its new...
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26 mars 2008

Brace for an increase in connector prices

Connector suppliers say it's likely that they will have to increase prices this year because of increased costs for precious metals and plastics. "We continue to see rising raw materials costs most specifically for gold,” says Peter Krehbiel, president,...
2 août 2007

Chip prices now seen rising

Citigroup’s Glen Yeung now expects the average sales prices for semiconductors in the third quarter to increase by 5%-10%, rather than a previously expected 5%-10% decline. “Suggestions of recent rush orders to motherboard makers gives us confidence that...
2 août 2007

Steel sheet prices still weak

The U.S. sheet steel market remains challenged due to lackluster demand from such key end markets as automotive and appliances, which are prolonging the long overdue drawdown on sheet inventories. There’s no argument from buyers, since 62% of those surveyed...
2 janvier 2007

Introduction of Blog "Automobile Industry in China"

This blog is done by one student coming from Master 2 Global E-Business of University of Science and Technology of Lille I. I do several parts concerning automobile industry, such as actual situation, automobile market, business strategy of investment...
27 février 2007

Time to develop a Chinese auto brand

Extract from China Daily Companies with powerful brand names are benefiting the most from globalization. This is particularly true in the auto industry. Car owners often see their vehicle as an extension of their personality and social status. For that...
14 février 2007

Chang´an Automobile

Chang´an Automobile ChangAn is a fast-growing group. It has three production bases, one each in the southwest, east and north of China. It cooperated with international auto leaders such as Ford, Mazda and Suzuki and has established several joint ventures...
1 février 2007

Brilliance China Automotive (Zhonghua, Jinbei)

Brilliance China Automotive (Zhonghua, Jinbei) Brilliance China is one of the leading automotive manufacturers in China through its subsidiaries, associated companies and joint ventures in the PRC. The Group's operating segments are divided primarily...
5 mars 2007

China's Steel Output Up 18.5 Percent Despite Curbs

BEIJING (AP) – China's steel output increased 18.5 percent in 2006 from the previous year, despite curbs imposed to slow rising investment and reduce pollution, a news report cited the government as saying. China, the world's largest steel producer, has...
5 mars 2007

GlobalAutoIndustry Seminar To Address Strategies For Doing Business In Chinese Market

GlobalAutoIndustry.com said Friday it will hold a seminar March 29 on doing business in China. The event at Michigan State University, “Key Strategies for Succeeding in China’s Booming Auto Industry,” will feature industry experts on China from such companies...
1 février 2007

China's Chery And Italy's Fiat Considering Further Cooperation

SHANGHAI, China (AP) – China's Chery Automobile Co., the country's biggest domestic automaker, is in talks with Italian car maker Fiat Auto on expanding ties following an engine deal last year, a state-run newspaper reported Thursday. Among the options...
11 janvier 2007

China Now World's Second-Largest Vehicle Market

BEIJING (AP) - China surged past Japan to become the world's No. 2 vehicle market after the United States last year as car purchases by newly affluent drivers jumped 37 percent, the Chinese auto industry association said Thursday. The announcement highlighted...
6 mars 2007

China’s auto industry takes off

By Eric Baculinao Beijing Bureau Chief NBC News BEIJING - Sha Heping was a proud husband on New Year’s Eve as he put down the deposit for a $15,000 subcompact with the optional sunroof, a gift for his wife who used to commute to work by bicycle every...
6 mars 2007

Four Characteristics of China's Automobile Industry in 2006

source: China AutoMotive News China's automobile industry experienced rapid development in 2006 after two years of moderate growth. According to the latest production and sales data released by the China Association of Automobile Manufacturers (CAAM),...
7 mars 2007

Are aluminum prices poised to slip?

By Tom Stundza In aluminum’s Midwest spot market, prices averaged $1.24/lb in the fourth quarter, an increase from the $1.20 average price in the third quarter. And just now, primary ingot costs $1.25. However, the price of alumina— the raw material used...
16 avril 2007

12 facts about China's Auto Market

12 facts about China's auto market. 1. Car production was up 27% to 7.28 million vehicles. 2. Car sales were up 25% to 7.22 million vehicles 3. Passenger car production reached 5.23 million cars. 4. Passenger car sales reached 5.18 million cars. 5. Sedan...
19 avril 2007

Precious metals prices could see cyclical peaks this year

UBS securities analyst John Reade is forecasting higher average prices for all five precious metals in 2007. In fact, he expects new cyclical highs—and in some cases all-time highs—for all five. In his scenario, he sees gold averaging $700/troy ounce,...
27 avril 2007

Risk Alert for Copper & Iron Core

Since Begining of 2007, raw material price began to increase again! Copper: Major threats to supply 1) Exceptionnally heavying buying in China (first quarter of 2007) 2) Brisk demande growth in Brazil, Russia and India 3) Mining & Smelling troubles in...
29 mai 2007

JW Aluminum buys Coastal Aluminum

Aluminum sheet maker JW Aluminum is buying Coastal Aluminum Rolling Mill, which operates a rolling mill facility in Williamsport, Pa. Terms of the sale were not disclosed. This buyout comes on the heels of JW Aluminum buying Rollex Aluminum's rolling...
8 avril 2008

Auto makers are watching sales slide

The U.S. auto market continued to slump in March, with light-vehicle sales falling 19% at General Motors, 10% at Toyota and 14% at Ford. The month had two fewer selling days than in March 2007, which magnified the declines. But analysts tell The Wall...
8 avril 2007

Chinese auto market to expect 15% rise in production, sales this year

According to the forecast in the latest report by the price-monitoring center of the State Development and Reform Commission, the auto-price in the market will still see a relatively big drop this year after experiencing a steady price reduction last...
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