Auto makers show off vehicles in key China market

  • MH192’s number three main wheel burst during take off, says Hishammuddin – Bernama
    MH192’s number three main wheel burst during take off, says Hishammuddin – Bernama

    Preliminary investigation findings on the Malaysia Airlines (MAS) flight MH192 incident has revealed that the number three main wheel of the aircraft had burst during take off. Acting Transport Minister Datuk Seri Hishammuddin Hussein (pic) said the aircraft was currently grounded at the MAS Engineering facility in Kuala Lumpur International... …

  • Bible banned from Pahang hotel rooms – Bernama

    The Pahang Islamic and Malay Customs Council (MAIP) has prohibited hotel proprietors in the state from placing religious reading materials of other religions other than Islam in their rooms. According to MAIP deputy president, Datuk Seri Wan Abdul Wahid Wan Hassan, a letter of prohibition on the matter had been sent to 147 hotels across the... …

  • Pre-lim report to ICAO not public, yet

    Malaysia has yet to decide on whether the preliminary report on the MH370 incident submitted to the International Civil Aviation Organisation (ICAO) will be made public.   "We have issued the preliminary report. We've sent it to ICAO but we have not made a decision to release to media or the public," Department of Civil Aviation Chief Azharuddin Abdul Rahman said during a press conference in Kuala Lumpur.   Asked again on why it will not be released to public, although it is common practice, …

  • Take second job to tackle household debt, urges AKPK – Bernama
    Take second job to tackle household debt, urges AKPK – Bernama

    The Credit Counseling and Debt Management Agency (AKPK) has urged Malaysians to take a second job to help them tackle the high rate of household debt. Chief executive officer Koid Swee Lian (pic) said those in the teaching line, for example, could give extra classes to earn more money. "Teachers could earn more money by giving tuition to... …

  • International team probing MH370 to be finalised next week, Hishammuddin says
    International team probing MH370 to be finalised next week, Hishammuddin says

    KUALA LUMPUR, April 23 — Malaysia expects to finalise by next week the list of members on the independent team of experts commissioned by Putrajaya to carry out an extensive probe on the... …

  • Absolute power corrupts absolutely, Dr Mahathir reminds current leaders
    Absolute power corrupts absolutely, Dr Mahathir reminds current leaders

    Malaysian leaders have been reminded not to look down on the public’s capability to topple a corrupt government as what had happened in the Middle East during the Arab spring, warned Tun Dr Mahathir Mohamad (pic). In his latest blog posting today, the country’s longest serving prime minister said that monarchs and dictators in the Middle East... …

Global car makers on Saturday showed off hundreds of gleaming models in glitzy demonstrations ahead of the Shanghai auto show, as they compete for attention from the world's largest market -- China.

The rapidly growing Asian giant is crucial for foreign car makers, which now account for over half the Chinese market, as Europe battles a debt crisis and the United States struggles to put its economic recovery on a firmer footing.

"China is by far now the world's largest market and a driving force behind global industry growth," said General Motors Vice President for Global Manufacturing Tim Lee, ahead of the show's official opening Sunday.

GM sold 2.84 million vehicles in China last year, a record for the company, and will launch 17 new or updated models in the country this year.

The Shanghai auto show is expected to attract more than 800,000 visitors over the course of nine days and car manufacturers displayed their wares to hundreds of journalists on Saturday.

A six-foot blonde model in a silver jumpsuit on the stand of German chassis technology company ZF competed for attention with a promotional team dressed as traditional Chinese soldiers at the sprawling venue in China's premier Pudong development zone.

China became the world's largest auto market in 2009. Last year, its auto sales reached 19.31 million vehicles, a 4.3 percent rise from 2011, according to a Chinese industry group.

Sales growth has moderated since 2010 as China's economy slowed and as some Chinese cities put limits on car numbers because of concerns over congestion and pollution, but the country still offers better prospects than most parts of the world.

"Certainly, we have seen more dynamic times in China," said Dieter Zetsche, chairman of the board of management for Germany's Daimler and head of Mercedes-Benz Cars.

"But, on the other, hand there are still many reasons to believe in decent growth (in China)," he told journalists.

Japanese car makers' sales in China have suffered since last year amid a political row over disputed islands that sparked street protests across the country and calls for boycotts.

Japan's Nissan Motor Co, which unveiled a sporty "concept car" flanked by models in white dresses, said China remained its largest market with annual sales of around 1.2 million vehicles.

"We are confident about our prospects here and we will grow with China," Andy Palmer, executive vice president of Nissan, told a news conference.

The rapidly growing SUV (sport utility vehicle) and premium car segments were on full display in Shanghai, as Chinese consumers look for more space and more luxury, executives said.

Mercedes-Benz launched a premium compact, the GLA, as it seeks to make it luxury cars more affordable to Chinese buyers.

And Ford Motor Co., which lags its US rival GM in China, said it planned more offerings for its luxury Lincoln brand in China.

"China will be the largest luxury car market in the world, bigger than Western Europe, bigger than the US," said James Farley, executive vice president of global marketing for Ford. "So it's important."

Chinese auto companies were seeking to build brand recognition in a country where the modern auto industry dates back only three decades.

"It seems such a shame not to... find the inspiration to create something that is little different from the German cars, the Japanese cars, the American cars," said Peter Horbury, vice president of design for China's Geely group which launched a locally-developed "concept car".

Follow @YahooMalaysia on LINE for daily news updates.

Comments on Yahoo pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo is not responsible or liable in any way for comments posted by its users. Yahoo does not in any way endorse or support comments made by its users.

  • MH370 passenger’s partner tells of strange email from sacked Fox officer The Malaysian Insider
    MH370 passenger’s partner tells of strange email from sacked Fox officer

    The partner of an American passenger aboard the missing Malaysia Airlines flight MH370 has spoken about how a Fox executive who was recently sacked by the news station had contacted her offering to raise funds on her behalf. Sarah Bajc, whose partner Philip Wood is among the 239 people on board the missing plane, told the Sydney Morning Herald... …

  • Dr Ling’s son chose wine over woman, court hears The Malaysian Insider
    Dr Ling’s son chose wine over woman, court hears

    The son of former MCA president Tun Dr Ling Liong Sik today reached an out of court settlement with his ex-girlfriend in a breach of contract suit over seven properties registered under their joint names. Ling Hee Leong and businesswoman Teh Chee Yen agreed to settle out of court after he took the stand briefly and testified that he had chosen... …

  • MB: Only 29 days of water left in Selangor Malaysiakini

    Although heavy rain led to flash floods in parts of the Klang Valley yesterday, the Selangor government has said that taps will run completely dry in 29 days if rationing is not continued. "For now, we must continue with rationing as the level at the main dam, the Sungai Selangor dam, is below the critical level and can only last 29 days if rationing is not conducted," Menteri Besar Abdul Khalid Ibrahim said in a statement.   "We really hope the rakyat understands this situation and supports …