The core of ICDP’s activities is our collaborative research programme which has been running for over thirty years at a European level. This brings players from across the distribution sector – sales and aftersales, manufacturers, dealers, parts distributors and suppliers of services and technology – together to develop a better understanding of the challenges facing us all, and how to ...
Read More »Chinese carmakers to double production abroad to avoid tariffs
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 »EU tariffs ‘threaten to disrupt’ Chinese cars brands expansion
EU tariffs of 19% to 46.3% on Chinese Battery Electric Vehicles (BEVs) entering Europe will “potentially” slow growth of Chinese automotive brands in the region. That’s the view of Owen Edwards, head of Downstream Automotive at professional services business Grant Thornton “Historically, Europe presented an attractive opportunity for Chinese brands due to its large new vehicle market and lower import ...
Read More »Steve Young Blog: Fighting on multiple fronts
As high temperatures return to a number of parts of the world setting off forest fires that can rapidly surround whole communities, I see a parallel to the challenges that we face as an industry. Over the last 10 days I’ve participated (with some restrictions due to Covid) in three events and had a number of conversations with friends and ...
Read More »Chinese premium carmaker HiPhi expands in Europe
Chinese carmaker HiPhi has opened a HiPhi Hub in Oslo, its second in Europe following the opening in Munich earlier this year. The HiPhi Hub Oslo is located in Strømmen Storsenter, Norway’s largest shopping centre. HiPhi held a private reception for VIP guests in the HiPhi Hub followed, with a preview of the HiPhi Y, the next all-new model from ...
Read More »Chinese carmakers to pile on the pressure in European drive
European carmakers are increasingly under pressure in their home markets from Chinese manufacturers, more and more of whom are pushing into European markets with electric vehicles. In the first quarter of 2023, China replaced Japan as the world leader in automotive exports. The event was an “astonishing advancement” from sixth place as recently as 2019. These are among the key ...
Read More »BLOG Shanghai Auto Show – sign of a new world order?
My blog is again a couple days late this week, but it does provide an opportunity to see the headlines from the Shanghai Auto Show with the press days scheduled on Tuesday and Wednesday this week. Whilst auto shows in Europe are in decline and looking to reinvent themselves with new formats, venues and focus, the Chinese still put on ...
Read More »A quarter of buyers consider Chinese brands for next car purchase
More than a quarter (29%) of active car buyers would consider a Chinese brand for their next vehicle. That’s the key finding of research carried out by Carwow ahead of one of the largest motor shows in the world, Auto Shanghai, beginning on Tuesday 18 April, A third, 30%, of drivers polled said they associate Chinese cars with value for ...
Read More »BLOG Why am I still working in the motor industry?
Writing this after a four day holiday weekend in the UK, when I had the chance to more or less put work to one side and do other things, it would be easy to start thinking about the options of everyday being a holiday and retiring or at least slowing down on the work front. This was also brought home ...
Read More »BLOG: Brace yourself for Chinese cars!
The title of my blog is not intended to suggest that there is anything about Chinese cars that you need to brace yourself for in terms of the driving or ownership experience. On the contrary the quality and general competitiveness of cars coming from the major Chinese manufacturers now appear to be on a par with European volume brands. Many ...
Read More »