Showing posts with label car maker. Show all posts
Showing posts with label car maker. Show all posts

Thursday, February 6, 2014

Carmaker Tesla WINS China fans with "fair" pricing strategy

Carmaker Tesla WINS China fans with
In China, where higher prices mean prestige luxury can US electric carmaker Tesla a bold step win win the markup, which some of his competitors only half by taking customers and cachet command.

Although it runs the risk of downs, Tesla's marketing strategy could be a model for other imported its brand at a lower level brands, the Chinese State-run media and regulatory authorities demolish shopper for allegedly with inflated prices under fire came.

An unusual blog post detailing last month of lower-than-expected 734.000 yuan ($121.400) China price for its higher-end model S electric car company. The price still 50 percent higher than in the United States includes only "inevitable" taxes and transport costs, it said.

"If we industry practices to follow, could we S come with the charge twice as much for the model in China, as we in the United States. But we are different things,"Tesla's blog said on 22 January, written for the consumer by popular Chinese social media channels.

The blog with the title "A fair price", drew overwhelming support from China's active netizens are. A reader survey on popular site QQ.com, which more than 80,000 votes, showed that 90 percent of consumers move the U.S. carmaker supports.

Analysts said lower pricing strategy premium could deter segment buyers ensuring additional typically want to spend quality and cachet.

"Price transparency helps out, because people see that as being different, but lower price itself, I see no great influence," said Andreas Garcia, Shanghai-based principal focus consultancy a.t. Kearney. automotive.

Automakers charge often steep premiums in China. Daimler-high-end Mercedes-Benz SLS AMG model costs 3.1 million Yuan ($509.000) in China, according to its local site, 150 percent higher than the starting price in the United States. Volkswagen Audi TT Coupe costs 519,000 yuan ($85.800) in China, about twice the U.S. starting price.

While other car companies already offer price discounts to lure buyers with China, Tesla is the first, a clear statement to charge the Chinese buyer, the same as in overseas markets, transparency in a nice marketing ploy.

"Not just the pricing strategy, but rather to show it, like the communication with Chinese consumers during one pricing is transparent world", said Shawn Wu, Shanghai-based project manager at the consultancy of SmithStreetSolutions.

Last year, Tesla's total car sales were approximately 22,500, especially in the United States. The California based company plans, shops in 10 to 12 Chinese cities open until late 2014 says that he expects that China one-third the sales growth this year to.

Risky game

Foreign manufacturers of products made of milk powder and hand bags have traditionally been steep premiums for high end products in China, where the price is often closely linked to quality and prestige.

But with more attention from State media and increasingly conscious buyers, consumers unhappy with artificially high prices, grew, Oceanne Zhang, head of said market insights for consultant Kantar retail in Shanghai.

"prices you can only abroad or travel abroad and they realize that what they pay extra, is no premium on other markets. It's only a bonus payment in China, "she said.

Companies, including US retailer Wal-Mart stores and Starbucks Coffee House have attracted attention due to their high prices of Chinese State television and regulators.

China Central television (CCTV) in the sights taken has international automotive manufacturer for the high prices. A report in December singled out companies such as Audi and Jaguar Land Rover, owned by India's Tata Motors.

Imported milk powder companies nutrition, Danone and New Zealand have also come in focus about their high prices with Mead Johnson dairy Fonterra Co-operative Group, which included all last year under the microscope.

Tesla's strategy, she hopes, breaks the form of the high pricing of imported products, said Veronica Wu, Tesla's new head of China operations, which the California joined-based carmaker in December of tech giant Apple.

"I hope it will. I think that it is the right thing", said for the first time in China, Wu in Tesla's flagship store in Beijing who last year opened for business at the end. High prices asked CCTV to say that the market had become a "treasure Bowl" for global automakers last year.

Tuesday, September 10, 2013

German luxury car makers accelerate the charge in crossovers

German luxury car makers accelerate the charge in crossovers
FRANKFURT, 9.9. Reuters) - German car manufacturer expand supplement industry in so-called "Crossover" premium vehicles, seeking to tap demand for models the functionality and cachet of sport utility vehicles (SUVS) to combine with the comfort and performance of the luxury cars.

BMW AG and Daimler AG, the leader of the global luxury car, want to expand their crossover portfolio with seven vehicles by 2020 to European provider sources with new entries in various sizes and price ranges.

Volkswagen AG (VW) upscale Audi subsidiary on its heels, with a future lineup of six crossovers, these sources added to nipping will be.

Almost all four premium last year in Europe a crossed or sports-utility model, and the category was sold vehicles continued to grow, despite concerns about size and consumption by United Kingdom-based consultancy LMC automotive.

Why the boom? According to "to give BMW development Chief Herbert Diess frequency switch large appeal and a sense for lifestyle. People want to be apart from the mainstream set."

Peter foot, a senior partner and automotive specialist in German practice Ernst & Youngs added: "consumers want more premium quality... And crossovers have a more modern design. "

The rise of the new German models is part of a broader trend, as VW, BMW and Daimler will benefit from the investment over a six-year European auto stock market slumps.

But this month Frankfurt auto show signaled that they are not alone in trying to take a piece of the premium crossover market.

Britain's Jaguar, now owned by India's Tata Group, studied then scrapped plans to develop a luxury utility vehicle more than a decade ago. Now it is a future crossover - his first ever - in Frankfurt am Main with the C - X 17 concept tease.

The station wagon-like petrol engine a forerunner of Jaguar Q-type, developed together with a new compact sedan, which offers Jaguar, to pitch to the BMW is to 3.

The Q-type-crossover also XQ can be accessed in the year 2015 on the BMW X 3 and Audi Q3 frequency switch would be aligned, said suppliers.

Japanese brands Lexus and Infiniti, Toyota Motor Corp. of possession of and Nissan Motor Co., try muscle deeper into the segment - to Lexus with its LF-NX "Concept" a small preview on the brand first compact crossover and Nissan's Q30 concept, a small gasoline engine, which expected a crossover derivatives into.

The LF-NX production reach late 2014 or early 2015 should, and will he be offered expected with an optional hybrid powertrain similar in the concept of Frankfurt.

GERMAN DRIVE

The Q30 concept shares basics with an another new addition to the range of Mercedes-Benz GLA, which goes on sale in Europe next spring, and shortly thereafter delivered to North America and China.

The production version of the Q30 goes into production in the year 2015 at Nissan's Sunderland plant in the UK should and can be finally built next to the GLA in the Nissan Aguascalientes plant in Mexico.

The arrival of the GLA signaled an escalation of Daimler crossover expansion. These efforts will be to two platforms, a known internally as a MFA (modular front-wheel drive architecture), the other MRA (modular rear-wheel drive architecture) built.

The smaller MFA platform, which supports the GLA and the Q30 can be used as the basis for an even smaller, lighter and less expensive Mercedes-crossover in the year 2017, within the company just as the baby-G. It is known

The larger MRA platform could serve as the ML said sources in the year 2017 and the RL in the year 2018, supplier base for more than five future crossovers, including replacement for the current GLK in 2015. Are also in the pipeline two Coupé-like variants, the MLC in the year 2015 and 2016 GLC.

"We have a goal to launch 13 new models, including the transitions between now and 2020," said Mercedes spokeswoman Bettina Singhartinger Reuters, declining be more accurate.

BMW has similar aspirations for his crossover portfolio. His next newcomer is the X-4, which was form this year the fair of Shanghai is planned, preview, and that in the concept in the year 2014 in the sale. The X 4 X 1 connects the existing X 3, X 5 and X 6, that in the next five years redesigned are.

BMW is also on two additional crossover models - a compact two-door x 2 ultra-premium in the year 2016 and long wheelbase, 4-door synchronized X 7, arriving as a companion to the new Rolls Royce crossover in 2018-2019 could by the BMWs.

Audi, has reduced its ambitious growth plans in crossovers in the meantime, suppliers said that proposals for the Coupé-like Q2 and Q4 ad acta set.

Its three existing crossovers are outdated will, starting with the big Q7 in 2014. It is in the year 2016 by the next generation Q5 follow, in Audi's new $1.3 billion-plant in Mexico and the redesigned Q3 is composed in the year 2018.

Still in planning are two larger models, Q6 and a Coupé-like companion of the next Q5, which could also be built into Mexico in 2016-2017, the Q8, a sportier sibling to the redesigned Q7, which is expected in 2015.

"We plan further additions to our portfolio of SUVs but not yet no details have communicated", said a spokesman for Audi.

Monday, August 26, 2013

Electric carmaker Tesla hits roadblock in China about brand

Electric carmaker Tesla hits roadblock in China about brand
Popular electric carmaker Tesla Motors plans which enter the world's largest car market stalled have after a businessman in China trademark rights to the name claims, has the people close to the Californian company of Reuters.

The maker of the top-selling US electric car, the premium model S sedan with a price tag of $70,000, was originally hoping sources, but this idea on ice because of partially on the brand had to launch a flagship showroom in Beijing at the beginning of the year after three.

As a result, the 10-year-old company sits first storefront in China, in the Mall Parkview green Fangcaodi in the capital to planks. Although it gives no trace of Tesla, the shop with posters of the model S will, adorned, which launched in the United States last year in the life was.

In addition to the brand issue nor Tesla product registration with Chinese authorities, the sale of the model S, including complete, though one of the sources said almost Tesla through the process.

Kingston Chang, general manager of China, Tesla does not respond to requests for comment.

Atsuko DOI, one on the basis of Tokyo Tesla spokeswoman said the company this week started had "Reservations" for the battery-powered model S in China. In 2010, the company opened its first Asian showroom in Tokyo.

DOI said "We plan to open a Beijing-download this year" in an e-Mail this week without a more information.

Zhan Baosheng, the businessman in Guangdong Province, China has the "Tesla" brand in China, according to his agent, register the processed the papers to the name of the State administration for industry and commerce.

An official with Jinda brand, the Guangzhou agency that used Zhan, to a registration for the name Tesla said Zhan of the name registered in the year 2006. She refused to give any details about Zhan.

According to Jinda trademarks trademarks Zhan to the Tesla name in English and Chinese.

Zhan runs a website with the Tesla-China domain and operates a Tesla-branded account on popular Chinese microblog site Sina Weibo, collecting information from consumers, the placing of orders for or are interested in obtaining more information cars about his "Tesla".

Zhan of the Tesla Web site carries a brand logo a Tesla logo and showcases a product, if the car nothing like the Tesla model S. the website says the company "is nearly identical to the American dream to build China's best electric car."

Legal experts know brand disputes in China said it would be difficult for Tesla, which solve brand, if she buy Zhan out.

China has rules that protect well-known brands, which may trap but not relatively new company like Tesla.

"In the e-car market everyone knows about Tesla. But the burden is on Tesla to prove that its brand is recognized by car customers (in General), that it uses and eligible funded the brand for a sufficient time in China for the determination of the famous brand,"said Vincent Wang, Shanghai-based partner law firm Davis Wright Tremaine.

For years, Apple was involved before reaching $60 million deal last year for the rights to use the iPad brand in China in a similar case.

All roads lead to China

Tesla's founder billionaire Elon Musk expressed excitement at the development of the Chinese market, display on the high demand rich extension class for luxury cars because of the country.

"It is the world's largest market for premium sedans. If you something like, say the Mercedes S-class, they sell about half of its worldwide production in China, "musk said earnings during a conference call earlier this month.

Musk said that the company a special Chinese version S was developed from the model with a comfortable back seat. Many owners of exclusive deal with driver vehicles in China.

Passenger car sales totalled although electric 15 million in China last year and hybrid car sales numbered less than 24,000.

General Motors has the hybrid Chevrolet Volt in China since the beginning of 2012 sold. Daimler has launched in a joint venture with BYD co., also an electric car brand called the Denza.

Even when start a global car manufacturer electric cars in China, she said based consulting firm automotive foresight have a demanding future Yale Zhang, Director of the Shanghai.

High price tag and the lack of infrastructure charging could pose a problem. Positioning of green cars as "toys for the rich is a good suggestion, but even then Tesla happiness would be to sell a few hundred" model S sedans a year, said Zhan