Market & Industry
Mobike marches into car-sharing market with possible new name “Mocar”
Mobike marches into car-sharing market with possible new name “Mocar”

Recently, Mobike signs agreement with Guizhou Xinte Electric Motor to conduct cooperation in customized sharing vehicles, E-electric vehicles, constructing sharing platforms for intelligent electric vehicles, etc.

Nov. 7 , 2017
FAW Group clarifies transfer plan of FAW Xiali
FAW Group clarifies transfer plan of FAW Xiali

With the approval from SASAC (State-owned Assets Supervision and Administration Commission of State Council), FAW Group makes clear the transferring plan and trading threshold today that it plans to transfer 394.5m shares of FAW Xiali.

Nov. 7 , 2017
Ford October China sales fall 5 percent
Ford October China sales fall 5 percent

Ford sold 105,809 vehicles in China In October, declining 5 percent year on year.

Nov. 7 , 2017
SAIC Volkswagen sales exceed 1.66m units in the previous ten months with year-on-year growth of 3.12%
SAIC Volkswagen sales exceed 1.66m units in the previous ten months with year-on-year growth of 3.12%

SAIC Group released its latest sales data on November 4th that its total sales volume reached 1,666,364 units with a year-on-year growth of 3.12%, mainly supported by the Polo family, New Lavida and Tiguan.

Nov. 6 , 2017
GAC Trumpchi  Sales in first ten months surge 41% year on year to 421,000 units
GAC Trumpchi Sales in first ten months surge 41% year on year to 421,000 units

The sales volume of Trumpchi from January to October reached 421,672 units, a substantial increase of 41.8% over the same period of previous year. The sales from January to October has accounted for 84.3% of the annual target sales.

Nov. 6 , 2017
LYNK&CO 01 takes on VW Tiguan and Audi Q3 with price range between RMB 170,000 and RMB 240,000
LYNK&CO 01 takes on VW Tiguan and Audi Q3 with price range between RMB 170,000 and RMB 240,000

Geely announced that the 01 2.0T series will have a price range between RMB 170,000 and RMB 240,000 according to its variants from Lite version to Pro version, and will target to compete with the VW Tiguan, Honda CR-V, Lexus Nx and Audi Q3.

Nov. 3 , 2017