Market & Industry
Baidu, Daimler ink agreement to cement cooperation in autonomous driving, vehicle connectivity
Baidu, Daimler ink agreement to cement cooperation in autonomous driving, vehicle connectivity

Chinese Internet titan Baidu and German automaker giant Daimler AG signed an agreement to deepen strategic cooperation in autonomous driving and connectivity domains.

Jul. 25 , 2018
TuSimple conducts trial operation of self-driving trucks at port for over 100 days
TuSimple conducts trial operation of self-driving trucks at port for over 100 days

TuSimple, a China-based autonomous truck technology startup, announced that its self-driving truck fleet has by far driven for 100 days at a deepwater port in a Northern city of China.

Jul. 25 , 2018
SAIC-Audi to sell cars without 4S stores, but market cars online
SAIC-Audi to sell cars without 4S stores, but market cars online

SAIC Volkswagen Automobile Co., Ltd. confirmed to set up Audi brand division, which will be led by Jia Mingdi, executive vice general manager of sales and market of SAIC-VW and general manager of SAIC Volkswagen Sales Co., Ltd.

Jul. 25 , 2018
Hongqi N501 exposed with 4.0 T V8 engine, based on Hongqi L5
Hongqi N501 exposed with 4.0 T V8 engine, based on Hongqi L5

Spy shots of Hongqi model codenamed N501 were exposed from Sina Weibo, China’s twitter-like social media recently. The new model will be powered by a 4.0T V8 engine. Positioned as a large-size luxury sedan, the model will measure 5,500 mm in length.

Jul. 24 , 2018
Dongfeng Honda unveils new brand strategy, to launch first BEV model in 2019
Dongfeng Honda unveils new brand strategy, to launch first BEV model in 2019

Dongfeng Honda unveiled its new brand strategy dubbed “better technology, more fashionable design, more amenities” on July 22 and announced that the mass-produced vehicle model of the INSPIRE under the new strategy will hit the market in October.

Jul. 23 , 2018
Top 10 luxury car brands by June sales in China
Top 10 luxury car brands by June sales in China

Gasgoo compiled the top 10 luxury car brands by June sales in China hereinafter. With respect to the sales for the first half of 2018, apart from Porsche and Infiniti, the other brands all attained growth over the performance of the year-ago period.

Jul. 23 , 2018