FAW Group celebrated on April 15 the first spade cut for a new Changchun-based plant which is designed to produce new energy vehicles (NEVs) and intelligent-connected vehicles (ICVs) under its premium brand Hongqi.
Apr. 17 , 2020
Emerging markets, such as India and Indonesia, feature big growth potential due to fast economic growth and lower volume of vehicles per capita.
Apr. 16 , 2020
The Binyue PRO and ePRO go on sale on April 15 with eight variants priced from RMB79,800 and to RMB149,800.
Apr. 16 , 2020
There were six car models and four SUV models on the top 10 China-built PV models by March wholesales volume. The new entrant BYD Song was the only one that achieved growth.
Apr. 15 , 2020
SAIC Motor announced its annual net profit attributable to shareholders slumped 28.9% year on year to RMB25.603 billion, showing the first-time downturn since the group went public in 2011.
Apr. 14 , 2020
Dongfeng Motor Group and Renault S.A. plan to restructure their joint venture Dongfeng Renault Automotive Company (DRAC) given the downturn in China’s automobile market and the subsidiary’s unsound operational performance.
Apr. 14 , 2020