It is expected that profits of Beijing Benz Automotive Co., Ltd. (Beijing Benz) will exceed RMB 11 billion, which can be calculated from Daimler’s earnings in Beijing Benz.
Aug. 1 , 2018
Chinese Internet giant Baidu achieved a blooming second quarter with revenues surging 32% year on year to RMB 26 billion and net profits jumping 31% over the previous year to RMB 6.4 billion, according to the Baidu's Q2 unaudited financial results.
Aug. 1 , 2018
Last month, half of SUV models on the list encountered substantial sales drop in monthly sales versus its prior-year performance. A total of 6 China-owned SUV models entered the top 10 list by June sales.
Jul. 31 , 2018
According to the data released by the China Passenger Car Association (CPCA), the Sylphy took the championship by June sales with 43,633 vehicle delivered, closely followed by the runner-up Lavida, the sales champion of the previous month.
Jul. 30 , 2018
Toyota’s premium car brand Lexus is set to bring the UX compact SUV and the RX 7-seat SUV to China, according to Chen Chen, the director of Lexus’ China marketing unit.
Jul. 30 , 2018
GAC New Energy Automobile Co.,Ltd unveiled an all-new AI-based system co-developed with Tencent on July 28 and announced that the Trumpchi GE3 530, which is the first model carrying the new AI system, will officially go on sale at the end of August.
Jul. 30 , 2018