Chinese carmakers are pumping millions into production facilities abroad with a view to double their production capacity to over 2.7 million vehicles by 2026. The aim is to circumvent looming import tariffs and address the burgeoning demand for electric vehicles (EVs). According to a recent report by Bloomberg, these firms aim to more than double their annual production capabilities outside ...
Read More »Chinese crosswinds: technology, tariffs and trumping Tesla
After reports of an onslaught of UK newcomer brands from 2023, Chinese marques are still arriving and expanding but there are crosswinds. Clarification from the Government on tariff hikes for Chinese-made electric vehicles should come soon Last year, hardly a month passed by without news of some new brand – mainly with Chinese background or backing – poised to land ...
Read More »Fordthorne to represent Omoda and Jaecoo in Cardiff
Fordthorne is taking on Chinese car brands Omoda and Jaecoo in Cardiff, South Wales The company been a franchised dealer in Cardiff, South Wales for decades and its connection to the automotive industry dates back to 1922. Its main offers accident damage repair, Ford Parts, Sales, Servicing and MOTs and it is also home to the fast-fit tyre franchise HiQ ...
Read More »Chinese carmaker Chery aims for ‘reasonable’ 100,000 UK sales a year by 2035
Chery has outlined a 10-year forecast to take 6% of the UK new car market, reaching 100,000 sales a year. Speaking on the BBC’s ‘The Bottom Line’, Victor Zhang, UK country manager for Omoda and Jaecoo parent firm Chery, denied that Chery had plans to flood the UK market with cars saying the brand was premium offer. He said that ...
Read More »Ex-Hyundai UK boss warns of Chinese stock ‘liquidation’ in Europe
The former president and CEO of Hyundai Motor UK Tony Whitehorn has warned the European car market is set for a deluge of Chinese product in coming years. His warning came at the Motor Ombudsman and Radius Law Automotive Business & Law Conference in London today. It followed the move by US President Joe Biden to quadruple tariffs on electric ...
Read More »Chapelhouse to take on Omoda and Jaecoo Chinese brands
Chapelhouse Motors is to represent Chinese manufacturer Chery’s Chery Omoda and Jaecoo brands. The North West dealer group, which currently holds the Kia, MG and Suzuki brands, is to install the brands in two locations. Chapelhouse is the latest group to take on Omoda, joining Endeavour Automotive, Listers, Peter Vardy and Listers in the line-up. The first model to come ...
Read More »Chery aims for annual UK sales of 15,000 with Omoda 5 model
Chinese carmaker Omoda is in discussions with dealers to represent the brand in the UK and retail its Omoda 5 SUV. Sales start in the in Q1, 2024. The Omodo 5 made its debut at the 20th Shanghai International Automobile Industry Exhibition in April this year. Omada UK manager Victor Zhang told Motor Trader the car will be priced £24,000 ...
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