China's BYD Sees Profits Plunge 89% in the First Half of 2011

With a billionaire like Warren Buffett backing you up and forming a partnership with none other than Daimler AG is supposedly a recipe for success. Yet Chinese automaker BYD reported a 89% drop in profits in the first half of the year compared to the same period in 2010.

BYD’s sales in the first six months of 2011 were down 23.4%, to 220,131 units. Deliveries of the core models of its range, such as the F0 city car, the F3 compact and the F6 mid-sized sedan plunged right after the governments incentives for new car buyers stopped at the end of last year.

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New Study Finds that Chinese Buyers Prefer European over Local Brands

Car buyers’ preferences in China are shifting towards European models and away from domestic and even Japanese vehicles, according to a new study published today by JD Power Asia Pacific. This is the third year that the study takes place.

The latest edition included 65 brands and 161 separate models in nine segments and is based on responses from 4,979 potential buyers of new-vehicles located in 53 cities.

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Will China's BYD Bring the F3DM to the U.S. or will this be Just Another Broken Promise?

When it comes to making cars, China is king. We’re talking the world’s largest car market, with over a hundred individual marques. So why is it that there are virtually zero Chinese car manufactures selling cars in the U.S. aka the world’s other largest car market?

So far, China’s “Big Four” (well, the four most visible to those outside of China) have made and broken promises of bringing their vehicles to the North American market. Brilliance, Chery, Nanjing and Geely have all backed down from their plans to open dealerships and factories stateside. So far, not a single car from China's major automakers has touched down on U.S. soil outside a motor show.

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China's BYD Debuts Lexus RX-Inspired S6DM Dual-Mode Hybrid at Detroit Motor Show

Chinese automaker BYD marked its fourth consecutive appearance at the North American International Auto Show with the world premiere of the S6DM hybrid, with the DM in the name standing for "Dual-Mode".

The gasoline-electric hybrid is based on the Chinese firm's S6, a mid-size SUV model first introduced at the Shanghai Auto Show in 2009. And no, you're not the only one to find the overall styling of the S6 reminiscent of the previous generation Lexus RX.

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BYD Auto F3DM EV: China's Volt Makes it to Detroit, will be Launched in the States by 2011

Along with the E6 fully-electric crossover, China's BYD Auto (which stands for Build Your Dreams) also showcased the F3DM plug-in hybrid sedan at its Detroit Show stand. This is not the first time we've seen the F3DM in the U.S. as the Chinese automaker displayed the car at last year's NAIAS.

Looking a lot like a previous generation Toyota Corolla, the 4,533mm (178.4 inches) long FD3M makes use of a small 1.0-liter gasoline engine and an electric motor for a combined output of 168hp (125kw).

Even though some sites have reported now and in the past that the F3DM's hybrid drivetrain works in the same that the Chevy Volt's does, meaning that the gasoline engine doesn't drive the wheels but charges the battery, BYD Auto's press release clearly points towards a system similar to the one found in the Prius.

"When the vehicle needs more power to accelerate, a gasoline engine and an electric motor drive the wheels together to provide greater output and torque," BYD Auto states in the F3DM's press release.

BYD claims that the plug-in hybrid sedan can drive up to 100km or 62 miles on electricity and 580km or 360 miles on a single battery charge and a full tank of gasoline.

The Chinese maker says that the F3DM's battery pack can be charged to 50% power via quick charge in 10 minutes, and 100% power via household charge in seven hours.

The vehicle also features a solar panel sunroof, which can be used to channel power to the battery pack.

According to BYD, the F3DM can sprint from standstill to 100km/h (62mph) in 10.5 seconds and go on to reach a top speed of 150 km/h or 93mph.

The plug-in hybrid sedan recently went on sale in China for the U.S. equivalent of around $22,000. The company said that it plans to sell the F3DM in the States by 2011.

China's BYD Auto Displays E6 All-Electric Crossover at Detroit Show, Says U.S. Sales Start this Year

In its third consecutive appearance at the North American International Auto Show in Detroit, Chinese car manufacturer BYD Auto exhibited the all-electric E6 crossover that is planned to go on sale in the United States later this year - or so the company claims.

The E6 measures 4,554mm (179.3 inches ) long, 1,882mm (71.7 inches) wide and 1,630mm (64.2 inches) tall, and can seat up to five-passengers.

It is powered by an electric motor that produces 75kW or 101HP and 450Nm or 332 lb-ft of torque, and drives the front wheels.

BYD Auto says that the E6's FE battery pack offers a driving range of around 330km or 205 miles and can be recharged via any household outlet.

According to the company, the crossover is capable of accelerating from zero to 100km/h (62mph) in less than 14 seconds and has a top speed of 140km/h or 87mph.

BYD Auto e6 Specifications

Length - 4554mm (179.3in )

Width - 1822mm (71.7in )

Height - 1630mm (64.2in )

Wheelbase - 2830mm (111.4in )

Track - 1556mm/1558mm (61in/61in )

Curb weight - 2295kg (5060lbs)

Capacity - 5 seats

Gradeability - ≥30%

Maximum speed - 140km/h (87mph )

0-60mph - Less than 14 seconds

Front motor power/torque - 75kw/450Nm (101hp/332lb-ft)

Rear motor power/torque - N/A

Combined power/torque - N/A

Type - Permanent-magnet type synchronous motor

Power management system - Intelligent central management system

Power outlet - DC380/100A

Range(Cruising mode) - 330km (205 miles )

Actual EV range might vary due to different driving behaviors.

All parameters are for reference only and maybe vary during commercial launch.

BMW's Chinese Partner Brilliance Auto to Make U.S. Debut at 2009 NAIAS

The 2009 North American International Auto Show in Detroit in mid-January will see Brilliance Auto, BMW's Chinese partner, making its first appearance on U.S. soil. The Chinese automaker has already spread its wings to Europe but now its setting its eyes on the North American market as company officials say they want to begin selling cars in the U.S. as early as next year. Brilliance intends to show four vehicles in Detroit, the Pininfarina designed BS6 mid-sized sedan and BS4 compact sedan (pictured above and after the jump) and the BC3 compact coupe and FRV hatchback. In China, Brilliance builds BMW's domestic market 3 Series and 5 Series models.

NAIAS officials also revealed that another Chinese automaker, BYD will make an encore appearance in Detroit after its debut at the 2008 show. BYD has not disclosed any details of the vehicle premieres and models that will be on display at the Cobo Center.

The Chinese automaker made headlines recently when American billionaire investor Warren Buffett's MidAmerican Energy Holdings paid $230 million for a 10-percent stake in the firm to support its green technologies. BYD is currently developing electric-hybrid cars that it plans to sell in China later this year, Europe and Israel by 2010 and eventually in North America.

Just for the record, the number of Chinese auto manufacturers that displayed cars at this year's NAIAS show were five: Changfeng Motor Group, BYD Auto, Geely, China America Cooperative Automotive, Inc./ZXNA (Chamco) and Li Shi Guang Ming Auto Design.