Recently, SAIC’s new factory in Chon Buri, Thailand was officially put into operation. SAIC invested a total of 1 billion dollars and its annual capacity can be up to 100,000 units.
Dec. 20 , 2017
GAC announced to transfer its 25% stake in Honda Automobile (China) through the open market. Besides, the board of the group also approved GAC Honda’s plan to acquire 100% stake of Honda Automobile (China).
Dec. 20 , 2017
In November, the SUV sales in China totaled 1,108,182 units, jumping 7.6 percent year on year and accounting for 43.4 percent of the total PV sales volume. China self-owned brand has an outstanding performance by November SUV sales.
Dec. 20 , 2017
In November, China’s sales of passenger vehicles (PV) were 2.55 million, a slight increase of 0.2 percent year on year, according to the China Passenger Car Association (CPCA).
Dec. 19 , 2017
On December 15, BYD officials said in an interview that since there are not enough charging piles, plug-in hybrid electric vehicles (PHEV) seem more suitable for the current market.
Dec. 19 , 2017
According to local media from official CAPSA, Shen Mingjun will retain his position and serve as the general manager of CAPSA Sales Company.
Dec. 18 , 2017