Market & Industry
BMW to engage in China smart city building
BMW to engage in China smart city building

BMW Group intends to deploy in Chinese mobility market with the so-called “2 plus 4” strategy, said Jochen Goller, President and CEO of BMW Group Region China, at the 2018 International Forum (TEDA) on Chinese Automotive Industry Development.

Sep. 3 , 2018
ORA iQ hits market, priced from RMB 89,800
ORA iQ hits market, priced from RMB 89,800

The ORA iQ, the first model under Great Wall Motor’s newly-launched NEV brand ORA, officially hit the market at the Chengdu Motor Show 2018. The price is ranging from RMB 89,800 to RMB 105,800 after deducted NEV subsidy.

Aug. 31 , 2018
All-new BYD Song hits market with prices ranging from RMB 79,800 to RMB 219,900
All-new BYD Song hits market with prices ranging from RMB 79,800 to RMB 219,900

The all-new BYD Song hit the market on Aug. 30. The new model offers three variants, namely the Song 1.5T gasoline version, the Song DM and the Song EV.

Aug. 31 , 2018
SAIC Motor posts 18.95% YoY growth in H1 net profit
SAIC Motor posts 18.95% YoY growth in H1 net profit

SAIC Motor reported a year-on-year jump of 18.95% in net profit with earning RMB 18.982 billion for the first six months.

Aug. 31 , 2018
GWM achieves 52.73% surge of net profits to RMB 3.696 billion in H1
GWM achieves 52.73% surge of net profits to RMB 3.696 billion in H1

Great Wall Motor (GWM) achieved a 52.73% surge of net profit attributable to shareholders of listed company to RMB 3.696 billion from January to June. Its revenue reached RMB 48.68 with a year-on-year growth of 17.99% during the first half of 2018.

Aug. 31 , 2018
Dongfeng Peugeot to launch 12 new models in three years
Dongfeng Peugeot to launch 12 new models in three years

Dongfeng Peugeot recently announced its direction in the Chinese market over next three years, together with its product plan, including the Peugeot 5008, the all-new Peugeot 508 and new energy vehicle(NEV) models.

Aug. 30 , 2018