Recently, it is said the sales companies of Chery Jaguar Land Rover and Jaguar Land Rover will be unified and the management of Chery Jaguar Land Rover will demoted for half level.
Oct. 21 , 2013As the sales champion around the world, Toyota has not find easy way in Chinese market. It not only faces GM and Volkswagen chasing behind, but also been pressed by Ford.
Oct. 21 , 2013Yesterday, Qinghong ZENG, general manager of Guangzhou Automobile Group Co., Ltd. (601238.SH, hereinafter "GAC"), made a speech at Global Auto Forum that GAC has to delayed its IPO because of Changhe Auto shares takeover. But he still believes that mergers and acquisitions is the tendency in the future. Just like developed auto market such as Japan and USA, China auto will build its inner growth power by auto industry mergers and acquisitions.
Oct. 21 , 2013On Oct. 14th, Changan auto announced an astonishing performance data. Compared to 15.88% decrease last year, the profit of Changan is estimated to increase by 195.45% to 208.69%, reaching 2.23 to 2.33 billion from Jan to Oct.
Oct. 17 , 2013Recently, SsangYong has announced 3 new models would be brought in China and one of them is the 2014 Korando entry model, whose price is only 139.8 thousand Yuan. It has become the cheapest import model in Chinese auto market.
Oct. 16 , 2013The vice president of Changan Mazda sales company, Mr. Kuang, said, the performance of Changan Mazda improves because of CX-5 coming into market, which is the first domestic model after strategy transition of Mazda in China.
Oct. 16 , 2013