Market & Industry
Former Borgward’s CEO Yang Song joins Ford China as President of NDSD
Former Borgward’s CEO Yang Song joins Ford China as President of NDSD

Ford China announced on April 8 that Yang Song, former CEO of Borgward Group AG, officially joins Ford China’s leadership team as President of National Distribution Service Division (NDSD), effective immediately.

Apr. 8 , 2019
Teaser photo of FF V9 concept exposed
Teaser photo of FF V9 concept exposed

Jia Yueting, global CEO and the co-founder of the EV startup Faraday Future (FF), exposed on its LinkedIn account a teaser photo of a new EV concept model dubbed V9.

Apr. 4 , 2019
XPENG Motors to premiere P7 all-electric coupe at Auto Shanghai 2019
XPENG Motors to premiere P7 all-electric coupe at Auto Shanghai 2019

XPENG Motors will unveil at Auto Shanghai 2019 a new all-electric coupe dubbed P7 (internally code-named E28) that features the startup’s in-house next-generation autonomous driving and intelligent-connected technologies.

Apr. 4 , 2019
SAIC Motor sees 4.65% year-on-year growth in 2018 net profit
SAIC Motor sees 4.65% year-on-year growth in 2018 net profit

SAIC Motor announced its 2018 annual performance on April 1, saying its full-year revenue grew 3.62% year on year to RMB902.19 billion and the net profit attributable to shareholders of the company climbed 4.65% to over 36 billion.

Apr. 2 , 2019
GAC Group posts 1.13% year-on-year growth in 2018 revenue
GAC Group posts 1.13% year-on-year growth in 2018 revenue

GAC Group announced on March 29 that its full-year consolidated revenue in 2018 edged up 1.13% year on year to around RMB72.38 billion and its net profit attributable to shareholders of parent company slightly climb 1.08% over the previous year to RM

Apr. 1 , 2019
BYD launches 9 new models on the same day with price starting at RMB79,900
BYD launches 9 new models on the same day with price starting at RMB79,900

BYD launched a total of 9 new models at its Spring launch event on March 28, covering four major Dynasty series—the BYD Tang, Yuan, Song and Qin.

Mar. 29 , 2019