For the first nine months, BAIC Motor’s operating profits jumped 32.69% over a year ago to RMB17.019 billion and its net profits attributable to shareholders amounted to RMB3.806 billion, strikingly surging 93.32% from a year earlier.
Oct. 23 , 2018
FAW-Volkswagen’s second SUV model dubbed the TAYRON (Chinese name, Tanyue) hit the market on October 22. Based on Volkswagen’s MQB A2 vehicle platform, the new SUV model offers 10 variants with prices ranging from RMB 188,800 to RMB319,800.
Oct. 23 , 2018
Recently, the updated WEY VV5 hit the market with three new variants. After the improvement in configurations, the WEY VV5 is priced from RMB 150,000 to RMB 173,000.
Oct. 23 , 2018
BAIC Group inked strategic cooperation agreements with 12 companies at the closing ceremony of the World Intelligent Connected Vehicles Conference on October 21 to jointly develop intelligent-connected vehicle (ICV) businesses.
Oct. 22 , 2018
At the moment, there will be no changes in Audi's stake in its China joint venture.,
Oct. 20 , 2018
On October 19, SAIC Volkswagen’s NEV plant started construction in Anting Town, Shanghai’. Involving a total investment of RMB17 billion, the new NEV plant will be put into operation in 2020 with a planned annual capacity of 300,000 vehicles.
Oct. 19 , 2018