Market & Industry
GAC Group says report about its $1 billion investment in NIO is untrue
GAC Group says report about its $1 billion investment in NIO is untrue

GAC Group said the report about its plan of seeking $1 billion for investment in NIO is untrue.

Jan. 16 , 2020
Volvo Cars and China Unicom collaborate on 5G communication technology development in China
Volvo Cars and China Unicom collaborate on 5G communication technology development in China

Volvo Cars and leading telecom provider China Unicom are joining forces on using 5G next generation mobile network technology for communication between cars and infrastructure in China.

Jan. 15 , 2020
BMW Group to roll out 17 new models in China in 2020
BMW Group to roll out 17 new models in China in 2020

The year of 2020 is themed “new energy vehicle” and “branding” by BMW Group as the German premium carmaker is to roll out 6 NEV models in China and quite a few new models from a same series by the end of 2020.

Jan. 15 , 2020
Top 10 China-made PV, car, SUV models by wholesale volume in Dec. 2019
Top 10 China-made PV, car, SUV models by wholesale volume in Dec. 2019

Among the top 10 PV models by Dec. wholesale volume, seven places were seized by cars. The other three were also regulars, including two SUVs—the Haval H6 and the Changan CS75, and one MPV, the sought-after Hongguang.

Jan. 14 , 2020
BYD appoints former GM China president Kevin Wale as senior adviser
BYD appoints former GM China president Kevin Wale as senior adviser

BYD named Kevin Wale, former president of General Motors (GM) China, as a senior adviser to the electric car maker’s chairman, it said on January 13.

Jan. 14 , 2020
Porsche increases number of deliveries in 2019 by ten percent
Porsche increases number of deliveries in 2019 by ten percent

Vehicles produced by the Stuttgart-based sports car manufacturer are more popular than ever: in 2019 Porsche delivered 280,800 vehicles to its customers – ten percent more than in the previous year.

Jan. 13 , 2020