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Fiat Group Automobiles, Chrysler Group International and GAC Group to Produce Jeep vehicles in China for Chinese market

Green Car Congress

Fiat Group Automobiles S.p.A., Chrysler Group International LLC and Guangzhou Automobile Group Co., Production is expected to begin by late 2015. GAC Group) have reached an agreement to expand the joint venture partnership.

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Toyota to develop hybrid vehicles with two Chinese partners

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The Nikkei reports that Toyota plans to develop hybrid vehicles with two Chinese automakers; Toyota made the announcement at the Guangzhou International Automobile Exhibition. The cars will be produced by the two joint ventures and sold exclusively in China starting in 2015. Earlier post.).

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CCID Consulting estimates upsurge in aluminum for automobile bodies in China if technical breakthroughs in alloy performance and application technology are made

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China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobile manufacturing by 2015. The sales volume is expected to reach 25.287 million by 2015.

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Groupe Renault changes China strategy: light commercial vehicles and electric passenger cars

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EV sales are expected to reach 25% of the Chinese market by 2030. Chinese ICE passenger car market. JMEV was created in 2015. With Renault support in terms of quality and technologies, JMEV will cover 45% of Chinese EV market in 2022 with 4 core models. Ltd (eGT) and Jiangxi Jiangling Group Electric Vehicle Co.

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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

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and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). We expect that Saab’s unique brand values based on its aviation heritage, Scandinavian origins and innovation-driven character will do very well in the Chinese market. Spyker Cars N.V.

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Volkswagen Group to invest more than €9.8 billion in China by 2015; efficient products and production

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The Volkswagen Group, through its two Chinese joint ventures, will be investing more than €9.8 billion (US$15 billion) in the country by 2015; investments in highly efficient products and resource-conserving production will account for more than two thirds of this figure. A further reduction of 11% is planned by 2015.

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PwC’s Strategy&: Auto supplier M&A activity likely to hit record $48B transaction value globally in 2015

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The study shows that for the fifth consecutive year, North American suppliers are the strongest consolidators in 2015 as nine out of the top ten consolidators are North American suppliers.

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