Market & Industry
Geely Holding, China Telecom team up to build multifaceted smart mobility ecosystem
Geely Holding, China Telecom team up to build multifaceted smart mobility ecosystem

Zhejiang Geely Holding Group and China Telecom inked a strategic cooperation framework agreement on November 26 to jointly build a next-generation vehicle-to-home Internet business mode and a multifaceted smart mobility ecosystem.

Nov. 27 , 2018
FAW Group waives controlling shareholder rights in Changchun Faway Automobile Components
FAW Group waives controlling shareholder rights in Changchun Faway Automobile Components

FAW Group is no longer the controlling shareholder and actual controller of Changchun Faway Automobile Components Co.,Ltd (Faway), who has no controlling shareholder and actual controller at present.

Nov. 26 , 2018
Beijing Hyundai fourth-generation Tucson hits market with price starting from RMB155,900
Beijing Hyundai fourth-generation Tucson hits market with price starting from RMB155,900

Beijing Hyundai will officially launch the fourth-generation Tucson into local market on November 23. Tailored for Chinese consumers, the new Tucson is positioned as an “intelligent SUV controlled with freedom”.

Nov. 23 , 2018
BMW given license to launch ride-hailing service in China
BMW given license to launch ride-hailing service in China

BMW Group became the first international car maker that nabs a license to deploy ride-hailing service in China, confirmed by BMW China’s public relation department.

Nov. 22 , 2018
Beijing Benz FWD car plant completed with A-Class L sedan rolling off production line
Beijing Benz FWD car plant completed with A-Class L sedan rolling off production line

Beijing Benz (BBAC) saw its front-wheel drive (FWD) car plant completed on November 21 and a Mercedes-Benz A-Class L sedan, also BBAC’s 2 millionth vehicle, officially roll off the production line on the same day.

Nov. 21 , 2018
Volvo Cars Polestar first production base to open in Chengdu
Volvo Cars Polestar first production base to open in Chengdu

Polestar, Volvo Cars-owned electric performance car brand, showcased the Polestar 1 at the Auto Guangzhou 2018 kicking off on November 16. The automaker revealed that its first production base will be located in Chengdu, capital of Sichuan province.

Nov. 21 , 2018