Beijing Hyundai reported its cumulative sales of over 330,000 units from January to May, jumping nearly 27% over the previous year. In May, Beijing Hyundai delivered more than 60,427 vehicles with a YoY surge of 72%.
Jun. 4 , 2018
Qoros Auto delivered a total of 23,754 vehicles for the first five months this year, skyrocketing 366% year on year, which was more than 1.5 times of the total sales in 2017.
Jun. 4 , 2018
Zhejiang Yili Automobile Components Co.,Ltd (Zhejiang Yili), Geely Auto’s subsidiary, has got governmental approval to operate the 1.0TD (1.0L turbocharged direct injection) engine program with an annual capacity of 400,000 units.
Jun. 4 , 2018
China will cut the import tariffs on complete vehicles and auto parts from July 1, 2018. Gasgoo summarizes some models' price adjustments of Tesla, Jeep, Ford, Lincoln, Mitsubishi, Volvo, Mercedes-Benz, BMW,etc, after the tariff cuts announcement.
Jun. 1 , 2018
On May 31, Dongfeng Parts and Components Group and Fawer Automotive Parts Limited Company (Fawer Auto Parts) inked an agreement in Wuhan, capital of Hubei Province, to jointly establish a joint venture, dubbed Dongfeng Fawer Pump Industry Co.,Ltd.
Jun. 1 , 2018
Changan Auto released an announcement on May 31, saying that the Chinese government has approved China South Industries Group Co., Ltd. (CSGC) to take 1,035,312,673 A-shares, or 21.56% of Changan Auto’s total shares gratis.
May 31 , 2018