Market & Industry
All-new Peugeot 508 unveiled at 2018 Geneva Motor Show, to be locally produced this year
All-new Peugeot 508 unveiled at 2018 Geneva Motor Show, to be locally produced this year

The all-new Peugeot 508 was officially unveiled at 2018 Geneva International Motor Show, according to official news from Peugeot. Besides, the new model is expected to be locally produced in China this year.

Mar. 7 , 2018
Mazda China sales surge 32.4% to 54,044 in first two months
Mazda China sales surge 32.4% to 54,044 in first two months

The Japanese automaker Mazda has delivered a total of 54,044 vehicles in China in the first two months this year, jumping 32.4% year on year and reaching a new high of cumulative sales of the first two months in China.

Mar. 7 , 2018
FAW Chairman delays selling H5 until April
FAW Chairman delays selling H5 until April

FAW Group has decided to delay selling the H5, a medium-sized sedan model, until April at Beijing International Automotive Exhibition, according to local media.

Mar. 7 , 2018
NDRC: China likely to ease or eliminate ownership restrictions on Sino-foreign JVs
NDRC: China likely to ease or eliminate ownership restrictions on Sino-foreign JVs

China is likely to ease or eliminate ownership restrictions on Sino-foreign JVs, promote fair competitions between foreign and Chinese companies, and attract more foreign companies to invest in China more extensively.

Mar. 6 , 2018
GAC Group posts YoY sales increase of 15.1% in first two months of 2018
GAC Group posts YoY sales increase of 15.1% in first two months of 2018

GAC Group reported a year-on-year sales increase of 0.41% for February to 114,904 units. In the first two months of 2018, its sales amounted to 325,055 units, jumping 15.1% compared to a year ago.

Mar. 6 , 2018
SAIC Motor Chairman: Internet tech to boost auto industry
SAIC Motor Chairman: Internet tech to boost auto industry

Chen Hong, Chairman of SAIC Motor and a delegate to the 13th the National People's Congress stated in an interview that the fusion of internet technology and the traditional automotive industry will become a major trend in the future.

Mar. 6 , 2018