Market & Industry
Chery’s first seven-seater SUV exposed with novel interior design, 1.5T engine
Chery’s first seven-seater SUV exposed with novel interior design, 1.5T engine

Chery will release a middle-size SUV coded T18, which offer a five-seat and seven-seat variants in the first half of 2018.

Jan. 25 , 2018
Dongfeng sets annual sales target of 4, 500,000 vehicles in 2018
Dongfeng sets annual sales target of 4, 500,000 vehicles in 2018

On Jan. 23, Dongfeng Motor Corporate announced its annual sales target of 4,500,000 units with an increase of 9.1%, compared with 4,121,000 units in 2017.

Jan. 24 , 2018
China’s auto export up 25.8% year on year in 2017
China’s auto export up 25.8% year on year in 2017

In 2017, China exported around 891 thousand vehicles with a year-on-year growth of 25.8%. This is the first positive return after 4 consecutive years of annual export volume decreases.

Jan. 24 , 2018
BMW to expand mobility program in China
BMW to expand mobility program in China

On January 21, at 2018 China EV100 Forum, Joe Pattinson, Head of Mobility Services at BMW China, extended BMW’s will to expand its mobility service business in China. In his speech, Pattinson mentioned BMW’s partnership with EVCARD.

Jan. 23 , 2018
GAC’s net profit likely to exceed RMB 10 billion
GAC’s net profit likely to exceed RMB 10 billion

GAC released its financial report for 2017 recently. The expected increment of net profit attributable to the shareholders of listed companies will range from RMB 3.45 billion to RMB 5.34 billion.

Jan. 23 , 2018
Harmony Auto expects over RMB 1 billion net profit in 2017
Harmony Auto expects over RMB 1 billion net profit in 2017

China Harmony New Energy Auto Holding Limited (Harmony Auto) announced that it expects net profit to top RMB 1 billion in 2017, in contrast to a net loss of around RMB 370 million in the previous year.

Jan. 23 , 2018