Market & Industry
BMW Brilliance bears 25% purchasing tax for 8 models
BMW Brilliance bears 25% purchasing tax for 8 models

According to BMW Brilliance Automotive Ltd. (BMW Brilliance), from now on, BM Brilliance offers a 25% purchasing tax subsidy to 8 models of 3 UKL-based front -wheel drive series with 1.5T engine, including 1 Series Sedan, 2 Series Tourer, New X1.

Jan. 4 , 2018
Beijing Hyundai delivers nearly 820,000 vehicles in 2017
Beijing Hyundai delivers nearly 820,000 vehicles in 2017

Beijing Hyundai Motor was co-founded by Beijing Motor Investment Company and Korea Hyundai Motor Company in 2002. Fifteen years later in 2017, its cumulative output and sales reached 9 million units. In 2017, it delivered approximately 820,000 units.

Jan. 4 , 2018
GM China annual sales exceed 4 million for the first time in 2017
GM China annual sales exceed 4 million for the first time in 2017

GM delivered over 4 million vehicles in China in 2017 (including those of its joint ventures), setting another record high and increasing 4.4 percent from a year earlier.

Jan. 4 , 2018
Baidu unveils Pandora, a new multisensor fusion technology
Baidu unveils Pandora, a new multisensor fusion technology

On December 28, 2017, Baidu Apollo and Hesai, a Chinese lidar company, unveiled a developer suite for autonomous driving named Pandora which may accelerate the implementation of autonomous driving vehicles.

Jan. 3 , 2018
Total sales of Roewe, MG exceed 500,000 in 2017
Total sales of Roewe, MG exceed 500,000 in 2017

On Jan 2, SAIC started the construction of the second phase of its Zhengzhou base, which covers 1.06 square meters. The second phase will start to build products under Roewe and MG from 2020 and its annual capacity will be up to 600,000 units.

Jan. 3 , 2018
Dongfeng Renault creates new sales record in 2017
Dongfeng Renault creates new sales record in 2017

According to Dongfeng Renault Automotive Company (Dongfeng Renault), in 2017, two models (all-new Koleos and KADJAR) of this brand sold 72,188 units in total, increased 140% year on year.

Jan. 3 , 2018