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Chinese Auto Market Could Soon be Larger than US, Europe Combined

But skeptics warn China's boom could go bust.

by on Apr.22, 2013

The Buick Riviera Concept.

Ford and General Motors are charging forward into the past this week at the Shanghai Auto Show, reviving two once-familiar nameplates in a bid to build market share in what has become the world’s largest automotive market.

The Ford Escort and Buick Riviera are just concept vehicles for now, but both offer hints of what the two U.S. manufacturers may have in store for Chinese consumers.  Indeed, once little more than a backwater event, the Shanghai gathering is this year one of the world’s most significant car shows, with dozens of new vehicles making their global debut there.

Your High Horsepower Source!

And for good reason – by at least one estimate, the Chinese automotive market could soon be larger than the U.S. and European markets combined. By 2022, forecast senior GM officials, sales in the People’s Republic could top 35 million annually. That’s more than double the peak hit in the American market nearly a decade ago.

No surprise, then, that Tim Lee, the president of GM’s International Operations, told reporters that, “No market is more critical than the China market for us.”

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Porsche Prepped to Launch First Plug-In

Shanghai Motor Show to bring big news for sports carmaker.

by on Apr.03, 2013

Porsche's first plug-in will debut in Shanghai.

It’s still a benchmark brand when it comes to sports cars but Porsche has shown an increasing readiness to defy expectations, whether it’s launching the Cayenne SUV, the 4-door Panamera or – just a few weeks from now – its first plug-in hybrid.

While the 918 hybrid supercar is still nearly a half year away from production, Porsche will have other plug-in news for the upcoming Shanghai Motor Show – the new Panamera S E-Hybrid.

Your Auto Show Source!

Largely based on the basic gas-electric drivetrain first introduced on the Porsche Panamera S Hybrid two years ago, the plug-in version will reportedly deliver “greater than 20 miles” of pure electric driving range and speeds of up to 84 mph before its twin-turbocharged V-6 kicks in.

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