Market & Industry
New Demonstration Program for New Energy Vehicle Will Be Released

In 3rd green industry conference held in Guangzhou recently, Su Bo, the vice minister of Ministry of Industry and Information Technology, said the government will develop environmental care industry and promote green industry beginning with the industrialization of new energy vehicle.

Nov. 18 , 2013
Shanghai Volkswagen Uses Familial Strategy to TakeOver the Market of Third-tier Cities

After SGM brought in Cruzehatchback, SVW launched familial strategy to answer at once. With SVW Lavida Family entering into the market, there have been 6 models becoming the member of family. Mr. Jia, the general manager of SVW sales company, said to report of National Business Daily, “If relying on the growth of single model, we would fall into price competition. The future ideal development direction is to create more detail market segmentation according to different demands.” It is said that familial strategy will be adopted in other models of SVW.

Nov. 18 , 2013
Sales of SUV/MPV Increases Rapidly & Japanese Cars Goes Against the Market

In accordance with the data from China Automotive Industry Association, the sales of passenger cars in October is second largest this year. For SUV/MPV, models and sales both increase and Japanese cars shows great performance comparing with last year.

Nov. 18 , 2013
New Car Imported 835 Thousands in First Three Quarters

This Monday, as reporter known from China import auto data, first three quarters of this year, new cars imported through customs mounts to 835 thousands, which has increased 7.76% over the figure of last year. 90% of them are no more than 3.0L displacement type.

Nov. 15 , 2013
GAC Annual Manufacture and Sales Volume Will Reach 1 Million: First 10 Months Increase Almost 30%

GAC Group has not away from good news since Nov. According to GAC Group Oct manufacture and sales bulletin, the company has sold 86 thousand cars, which has dramatically increased 162% over the figure of last year, which meanwhile has 71% more than Sept increase. The first 10 months sales are 754 thousand, which has increase 30%.

Nov. 15 , 2013
FAW will Built Plant in Algeria, Annual Yield around 30 Thousand

As reported by Xinhua.com on 10 Nov, FAW Africa Investment Company which belongs to China FAW Group signed cooperation memo with Algeria Arcofina Group on 9 Nov that they would found joint venture to build a car assembly plant in Algeria.

Nov. 14 , 2013