Market & Industry
Geely, Belarus’s CKD assembly plant opens
Geely, Belarus’s CKD assembly plant opens

On Nov. 17, Geely Automobile (Belarus) Co., Ltd., the first automotive joint venture between China and Belarus, held an inauguration ceremony for its CKD assembly plant as well as an off-line ceremony for its first mass produced model.

Nov. 20 , 2017
Seven automotive companies will hit 1 million in annual sales
Seven automotive companies will hit 1 million in annual sales

According to the China Passenger Car Association (CPCA), the retail sales of passenger cars in October reached 2.25 million, with a month-on-month growth of 2% and a year-on-year growth of 3%.

Nov. 20 , 2017
WEY sets 2018 annual sales target of 250,000 units
WEY sets 2018 annual sales target of 250,000 units

Wei Jianjun, chairman and founder of WEY reveals that the total number for WEY’s dealerships exceeds 60, and is expected to reach 300 at the end of 2018. He also reveals that the sales target for WEY next year will be 250,000 units.

Nov. 20 , 2017
China likely to formulate policy for testing driverless cars at the beginning of next year
China likely to formulate policy for testing driverless cars at the beginning of next year

Wu Xuebin, Vice President of Baidu, revealed that the legalization of autonomous vehicles is on the track, and a number of Chinese cities will enact regulations to allow road tests of autonomous vehicles in the end of this year.

Nov. 17 , 2017
Skoda KAROQ makes debut with Chinese name
Skoda KAROQ makes debut with Chinese name

Skoda new compact SUV model KAROQ made global debut in Stockholm on May 19th and would be locally produced and hit domestic market in the first quarter of 2018.

Nov. 17 , 2017
Infiniti to produce new SUV in Dalian in 2018
Infiniti to produce new SUV in Dalian in 2018

Infiniti will begin to produce a new SUV in China in 2018. The company said the manufacturing factory in Dalian, a northeastern city in China, will be responsible for the production and the factory will be its second local-production base.

Nov. 17 , 2017