Gasgoo.com (Shanghai May 13) - Hu Bo, Volkswagen Group China's director of marketing and sales, has confirmed to leave the company yesterday for Land Rover China, auto.163.com reported today. While it is still unclear what role Mr. Hu is to take up at his new company, it is highly likely to be vice president of marketing and sales. He will officially enter Land Rover next month.
May 14 , 2011Gasgoo.com (Shanghai May 12) - The passenger vehicle market is closely linked with the country's macroeconomic policies, therefore without said market conditions being clear, investors are taking a more and more cautious approach. Last month, the Chinese market has encountered negative growth for the first time in over two years. According to a report in International Finance News, the Chinese Association of Automobile Manufacturers announced that 1.54 million vehicles were sold in April, a decrease of about 15 percent from March and 1 percent from 2010.
May 13 , 2011