Market & Industry
Former Beijing Benz executive reportedly named Lincoln CEO
Former Beijing Benz executive reportedly named Lincoln CEO

Mercedes-Benz China announced Mao Jingbo, the firm’s current Executive Vice President of Smart/AMG sales and operation, had submitted a resignation and gotten approval, and may join Lincoln China as CEO.

Jun. 7 , 2018
Geely Auto May sales surge 61% year on year, completing 40% of 2018 sales target
Geely Auto May sales surge 61% year on year, completing 40% of 2018 sales target

Geely Auto delivered a total of 123,068 vehicles (including the Lynk & Co) in May, zooming 61% year on year. From Jan to May, its cumulative deliveries leaped 44% from a year ago to 638,181 units, which has completed 40% of its 2018 sales target.

Jun. 6 , 2018
BENTELER, FAW co-build auto parts joint venture in Tianjin
BENTELER, FAW co-build auto parts joint venture in Tianjin

BENTELER and Changchun Faway Automobile Components Co.,Ltd (hereinafter, Faway), a holding subsidiary of China’s state-owned automaker FAW Group, signed an agreement on June 4 to build an automobile component joint venture in Tianjin.

Jun. 6 , 2018
Shanghai propels autonomous driving tech application in valet parking, logistics
Shanghai propels autonomous driving tech application in valet parking, logistics

Shanghai has achieved some applications of autonomous driving technologies in certain scenarios, largely for commercial use, such as intelligent valet parking, self-driving logistics delivery in industrial park, vehicle self-charging, etc.

Jun. 5 , 2018
Dongfeng Nissan May sales surge 30.9% year on year to 95,537 units
Dongfeng Nissan May sales surge 30.9% year on year to 95,537 units

Dongfeng Nissan continued its growth momentum in May, posting a sales growth of 16% year on year to 95,537 units. During the first five months, Dongfeng Nissan’s deliveries reached 429,832 units with a YoY growth of 10%.

Jun. 5 , 2018
Honda China sales drop 15.3% YoY in May
Honda China sales drop 15.3% YoY in May

Honda delivered a total of 99,263 vehicles in May, dropping 15.3% year on year. Both GAC Honda and Dongfeng Honda saw year-on-year decrease of 12.9% and 17.7% last month, with 51,141 units and 48,122 units delivered respectively.

Jun. 5 , 2018