Market & Industry
Changan PSA sets up exclusive marketing department for DS
Changan PSA sets up exclusive marketing department for DS

Changan PSA will continue to position the DS as luxury vehicle brand, and will launch one new DS model per year over the next five years to complete the product lineup of its SUVs.

May 9 , 2018
DPCA, Dongfeng Yueda Kia see positive sales return in April
DPCA, Dongfeng Yueda Kia see positive sales return in April

Dongfeng Motor Corporation delivered 328,700 vehicles in April, increasing 10.73% year on year. For the first four months, the group sold a total of 1,295,300 vehicles with a year-on-year climb of 4.09%.

May 8 , 2018
Summary of Chinese cities issuing licenses for autonomous vehicle road tests
Summary of Chinese cities issuing licenses for autonomous vehicle road tests

Gasgoo summarizes those cities and provinces in China that heretofore have already issued the license plates for autonomous vehicle or ICV (intelligent-connected vehicle) road tests as below.

May 8 , 2018
Borgward North American R&D Center founded
Borgward North American R&D Center founded

On May 7, Borgward announced that the Borgward R&D Silicon Valley Inc. has registered and founded successfully, together with a series of personnel appointments.

May 7 , 2018
Changan Suzuki denies rumor of retreating from China
Changan Suzuki denies rumor of retreating from China

Changan Suzuki clarified that its two parent companies, Changan Auto and Suzuki, have been under a positive discussion in terms of the joint venture’s development.

May 7 , 2018
Changan Russia receives  RMB 250 million investment from Changan
Changan Russia receives RMB 250 million investment from Changan

Changan plans to add RMB 250 million investment in its wholly-owned subsidiary, Changan Russia to meet the subsidiary’s liabilities and supplement its operating funds, according to Changan's statement released on May 7.

May 7 , 2018