Market & Industry
Daimler Greater China names Guan Shaoqing as new strategy executive vice president
Daimler Greater China names Guan Shaoqing as new strategy executive vice president

Guan Shaoqing, the current head of public relations (PR) at Daimler Greater China Ltd. (DGRC) and Beijing Mercedes-Benz Sales Company (BMBS), has been promoted to strategy executive vice president at DGRC, DGRC and BMBS announced on September 11.

Sep. 11 , 2018
WM Motor EX5 volume car priced from RMB 186,550 to RMB 247,300
WM Motor EX5 volume car priced from RMB 186,550 to RMB 247,300

Chinese EV startup WM Motor officially announced on September 10 that the EX5 volume vehicle will be priced from RMB 186,550 to RMB 247,300, according to local media.

Sep. 11 , 2018
Top 4 Japanese automakers by August sales in China
Top 4 Japanese automakers by August sales in China

According to the sales data released by corresponding Japanese automakers or relevant media, Toyota took the championship by the August sales in China, closely followed by Nissan.

Sep. 10 , 2018
Bosch Suzhou opens new R&D center, with investment over RMB 330 million
Bosch Suzhou opens new R&D center, with investment over RMB 330 million

The new R&D center of Bosch Automotive Products (Suzhou) Co., Ltd (hereinafter referred to as Bosch Suzhou) was officially put into operation on September 6, according to local media.

Sep. 7 , 2018
China beverage giant Wahaha said to join car-building game
China beverage giant Wahaha said to join car-building game

Hangzhou Wahaha Group (hereinafter referred to as Wahaha), the Chinese largest beverage producer, has reportedly tapped into the car-building business.

Sep. 7 , 2018
Didi suffers RMB 4.04 bln loss in first half, plows over RMB 10 bln into subsidy
Didi suffers RMB 4.04 bln loss in first half, plows over RMB 10 bln into subsidy

Chinese ride-hailing giant Didi Chuxing suffered an interim loss up to RMB4.04 billion in the first half of the year, 61% more than the annual loss of RMB 2.5 billion in 2017, according to a financial report obtained by local media.

Sep. 7 , 2018