Market & Industry
Great Wall 2017 net profit slumps 52.28% year on year
Great Wall 2017 net profit slumps 52.28% year on year

Chinese automaker Great Wall Motor revealed that the company may achieve operating revenues of nearly RMB 101.169 billion, up 2.59% year on year, while the net profit attributable to shareholders slumped 52.28% from a year earlier.

Jan. 29 , 2018
Hongqi to unveil first BEV in October
Hongqi to unveil first BEV in October

Hongqi will introduce the first electric vehicle in 2018 and it will run the fuel cell vehicle in batches in the following year. In 2020, its all-new FME platform will roll out series of electric vehicles, which can have a range of 600km.

Jan. 29 , 2018
Cadillac aims to sell 200,000 vehicles in China 2018
Cadillac aims to sell 200,000 vehicles in China 2018

Cadillac plans to sell 200,000 vehicles in China this year with a predictable year-on-year annual sales growth of 15.6%, according to Cadillac president Johan de Nysschen's.

Jan. 26 , 2018
Dongfeng Peugeot Citroen plans to sell 476,000 vehicles in 2018
Dongfeng Peugeot Citroen plans to sell 476,000 vehicles in 2018

2018 will be the very beginning for DPCA’s return to track by 2020 and will lay solid foundation for its development. In terms of vehicle plan, Dongfeng Peugeot will release 2 sedans and 3 SUV models.

Jan. 26 , 2018
Aptiv to expand autonomous driving layout in China
Aptiv to expand autonomous driving layout in China

At 2018 Global Autonomous Driving Forum held by Gasgoo, Simon Yang, president of Aptiv Asia Pacific, revealed Aptiv’s layout in autonomous driving area in China.

Jan. 25 , 2018
SAIC Maxus’s 200,000th vehicle to roll off production line on Feb. 2
SAIC Maxus’s 200,000th vehicle to roll off production line on Feb. 2

SAIC Maxus will reportedly see its 200,000th vehicle rolling off the production line at its factory in Wuxi, Jiangsu Province on Feb. 2.

Jan. 25 , 2018