Market & Industry
GM New CEO China Test: Cadillac Renaissance Brings Profit

Less than one month since Mary bora assumes her position of GM Automobile CEO, she comesto the largest single market of GM, China. She visits governor of Shanghai city, SAIC senior management, and hold GM (China) employee conference. All the activities are around a center—GM development in China in the future.

Feb. 24 , 2014
Or Resurge Four Doors New Product, SMART Looking for Turn Market Performance Around

Although Kobe Brian representing for the brand, Daimler Smart still has not create its global brand effect. With new S class, and E class etc. launching market, Mercedes Benz brand has drawn a beautiful rising line. However, as representative of personalization, environment protection and pragmatism, Smart brand has drawn a decline line. In U.S and China, Smart sales are far behind its opponents. It seems like that Smart need a bounce off just like its main brand Benz does.

Feb. 21 , 2014
Lexus Finds Its Opposite Way in China

On Feb 12, Toyota announce to recall 1.9 million 3rd generation Prius hybrid power model. Discussion about hybrid power makes a great clamor around at that moment.

Feb. 21 , 2014
Geely May Cancel Three Sub-brands, and Integrated Back to Geely

Last Monday, Geely Automobile (hereinafter referred to as Geely) offers 45 Emgrand and Englon barrier-free taxis for “2014 APEC Senior Officials First Round Conference”. Some attendance points out that it could be the last show for Emgrand and Englon. According to arrangement, Geely plans for new brand strategy, which will cancelexisted Emgrand, Englon and Gleagle, and integrates them with Geely brand.

Feb. 20 , 2014
JAC Passenger Car Sales Keep Decline, Drop More Than 50% in 3 Months

JAC sales has slightly declined in Jan this year, which passenger car sales has dropped as much as 55.56% compared with market performance of the same period of last year. Since last Nov, JAC passenger car sales have decline for 3 months, total drop more than 50%. In 2013, JAC passenger car sales are 115,387, which has declined 16.55% over last year did.

Feb. 18 , 2014
Beijing Automobile Invests into U.S New Energy Company, and will Introduce High-end Electronic Car

Beijing Automobile has signed contact with U.S new energy company ATIEVA to purchase its stock shares. According to the arrangement, Beijing Automobile Group will purchase 25.02% shares of ATIEVA. After the purchase, they are expected to introduce Audi A6L level high-end electronic car in the third year.

Feb. 18 , 2014