Market & Industry
BYD Founder Cashes 230 million Yuan, Worries about Future

BYD has announced that Zuoquan Xia who holds 5% stock share of BYD cashes 6 million shares of BYD by bulk trading platform. The reason is because of his investment company capital requirement, but not as saying goes “do not like the outlook of BYD”. BYD has its Technical Analysis Conference recently. According to the secondary market performance, investor has confident with the future of BYD.

Sep. 17 , 2013
Auto Sales Thriving in August Slack Season, Manufacturers Confident in Fourth Quarter

As a traditional slack season, part of auto companies have hot weather vocation in August, and people hold cautious expectation for sales and manufacture. However, slack season is not slack this August. According to statistics, production and sales have remained two figures growth, increase 13.2% and 13.6% respectively. As industry expected, it is no suspense that whether or not industry growth will exceed 10%. It considers about 15% growth instead, and whether sales exceeds 22 million.

Sep. 17 , 2013
Beijing Controls Automobile Quantity, Odd or Even License Allowed Only in Heavy Pollution Day

State Council has published the expected (hereinafter referred to as ), which is so called “State Ten”. It is the strictest policy for air pollution controlling ever. The plan requires to low down 10% of the PM10 concentration of China national wide. And Beijing, Tianjin, the Yangtze River Delta, Pearl River Delta area should reduce 25%, 20% and 15% PM10 concentration respectively. According to the plan, nation air quality shall have “overall improvement” after 5 years.

Sep. 17 , 2013
Touareg expected to be Chinese-made in 2015

Shanghai Volkswagen official recently revealed that, it was true that Touareg would be produced domestically in Shanghai Volkswagen, and was expected to be formally put into production in 2015 in order to enrich its product line in the SUV market. Previously, Volkswagen (China), Su Weiming, Executive Vice-President, said: "the rumors that Touareg will be produced domestically are untrue.”

Sep. 16 , 2013
GAC Fiat increases investment of 1.5 billion Yuan

On the occasion of the first anniversary of the listed China-made model Viaggio, in Chengdu motor show GAC Fiat released Viaggio Anniversary Edition, at the price of 158,800yuan. At the same time, GA Fiat's new leadership team, led by Bai Enhan and Wang Qiujing made first class appearance.

Sep. 13 , 2013
Mazda adjusts personnel management in China

In the Chinese market, Mazda is faced with more and more severe challenges. In the former 8 months, Mazda sales amounted to 106,800 units, while its sales target for the year was 200,000. In other words, in the next 4 months, Daobenxinxiu, Mazda China Chairman, will lead Mazda to complete sales of nearly 100,000 vehicles.

Sep. 13 , 2013