Market & Industry
Bosch Suzhou opens new R&D center, with investment over RMB 330 million
Bosch Suzhou opens new R&D center, with investment over RMB 330 million

The new R&D center of Bosch Automotive Products (Suzhou) Co., Ltd (hereinafter referred to as Bosch Suzhou) was officially put into operation on September 6, according to local media.

Sep. 7 , 2018
China beverage giant Wahaha said to join car-building game
China beverage giant Wahaha said to join car-building game

Hangzhou Wahaha Group (hereinafter referred to as Wahaha), the Chinese largest beverage producer, has reportedly tapped into the car-building business.

Sep. 7 , 2018
Didi suffers RMB 4.04 bln loss in first half, plows over RMB 10 bln into subsidy
Didi suffers RMB 4.04 bln loss in first half, plows over RMB 10 bln into subsidy

Chinese ride-hailing giant Didi Chuxing suffered an interim loss up to RMB4.04 billion in the first half of the year, 61% more than the annual loss of RMB 2.5 billion in 2017, according to a financial report obtained by local media.

Sep. 7 , 2018
Mass-produced Hongqi HS7 spied on roads, to hit market in 2019
Mass-produced Hongqi HS7 spied on roads, to hit market in 2019

A range of spy shots of the mass-produced Hongqi HS7 were unveiled recently.

Sep. 5 , 2018
GWM mobility brand OLA Sharing to deploy cars in Hebei from Sept. 8
GWM mobility brand OLA Sharing to deploy cars in Hebei from Sept. 8

Great Wall Motor’s mobility service platform dubbed “Olasharing” will deploy cars in the urban area of Baoding, Hebei Province, where the automaker’s headquarters is based, according to local media.

Sep. 5 , 2018
Honda China sales fall 9.9% YoY in August
Honda China sales fall 9.9% YoY in August

Honda Motor saw its China sales drop 9.9% from the year-ago period to 117,188 units, according to the sales data released by Honda China. For the first eight months, the automaker delivered a total of 832,248 vehicles in China.

Sep. 5 , 2018